I'll explain.
DBS, HSBC, SC and Deutsche:
Not at all. These are banks with no or very minimal branches and support is just awful. Their banking services are also very bad. Only HSBC CC is free but as an account no. SC credit cards are also okay but taking an account with them is no.
CC Side- You will
not get a pre-approved CC with these banks you'll have to apply manually. Anyways these cards will be available for everyone (easy approval)
Axis: You may but their service is just pathetic. Their apps are okay but if you take the account for credit card it's
not worth it. Option #2 for you
CC Side- You may get a CC but it is not worth it as taking them as your salary account.
IDFC: Good bank but only their credit cards are good. It's
better you take another bank considering its your salary account.
CC Side- You will get any IDFC card without taking an account
HDFC:
Very good. Option #1 for you. Their service is great but as you may know technical failures are frequent. You will get pre-approved offers and is totally a nice bank
CC Side- You will get Regalia or DCB with a salary account.
SBI: One thing about SBI is you can
trust them more than your family. I am joking but it's also a fact. Being an PSB you can trust your funds in SBI and their services are great. SBI has the
most ATMs and branches.
Only problem is 'lunch time ke baad aana' Other than that,
no failures. It's option #5 for you
CC Side- You may get pre-approved offers with SBI. Other than Aurum, all cards can be applied without an account.
ICICI: Very good. Option #3 for you. ICICI gives you
pre-approved CCs for you, has
priority service to salaried employees. Has a
very good service and also
good net-banking interface. Their ATMs and branches are also good. Overall it's a
nice bank
CC Side- You will get a pre-approved CC and a nice bank.
Kotak: Uhhh, you can get good bank. Kotak is good and all but their
offerings are bad. Their quality is okay but I prefer you take other bank.
CC Side- You may get a pre-approved CC but not at all worth it
IndusInd: Option #4 IndusInd is a
very prestigious bank and has great customer service. All of their cards have
great reward value (including Debit Cards). Their service and interface is also very very good and staff is also cooperates well. Only disadvantage is their ATM and branch network is very weak. But, till HDFC, Axis and ICICI is in the market, IndusInd cannot conquer it.
CC Side- They give you pre-approved cards or cards which customer care approves instantly, but I recommend HDFC, Axis or ICICI
BoB: Another '
sarkaari' bank. Very worse service.
Pathetic Customer Care and
buggy interface.
Never, ever take this bank. ATMs are a
nightmare, debits money but doesn't dispense.
CC Side- You will easily get any CC except Eterna and that co-branded CA cards. Never take this bank account
Option 1 - HDFC
You will get Regalia, DCB or any other card and service is also great.
Option 2 - Axis
You will get MyZone, it's LTF now but okay. If you want Magnus take this, you can send them a nice mail, they MAY approve it. BTW their services are pathetic.
Option 3 - ICICI
You will get Coral, Rubyx CC and a great service and UI with the bank. If you don't need Magnus (or get a good card), then ICICI would be the 2nd option for you.
Option 4 - IndusInd
Better service and better rewards with their cards. Obviously recommend this beast bank. Only disadvantage is their ATM and branch network is very weak Go with Option 1, 2 and 3.
This post is helpful for anyone wanting to select a salary account. Thanks in advance
PS: Me coughing with a Bank of Maharashtra salary account lol
