I wanted to know which Bank will be the best to open a savings account as a college student because in that account I'll be depositing my stipends only so maybe the ones with good interest rates will be better. Or Any investment advice will also work.
Thanks😀
Don't go with SBI and CBI. IDK how the fuck they've established their systems. They aren't reliable for UPI payments past 11PM.
Currently my main account is in BOI
that happens with every bank.
open sbi or icici.
Ex-wealth management banker here. Go with ICICI without a second thought. Chanda fucked them so bad, they have improved their risk management divisions. HDFC is another option but right now the company is like a mad bull, any company that does not get funded by ICICI due to risk gets cash from HDFC so it's better to stay away
Hi! Really thanks for this tip and insight! Never knew all of this. Also is it better to get my saving FD or invest in SIP?
Depends on your profile. Since you are a college student right now, save the cash in your bank, turn extra cash into flexi FD while reinvesting your savings into educating yourself. MFs or even stock investments are always done through 'surplus' cash. I expect you to not have any surplus cash after investing in yourself. You can gain skills rather than capital appreciation from your savings at this age.
SBI or HDFC imo. Don't expect many offers or high interest rates from a debit card. Look for security, ease of use and acceptability.
IndusInd has been a great experience. The branch near me isn't a nightmare to visit
Hi,
I’m looking for an saving bank account to open online without need to go bank offline.
This is just to park some money for sometime, as if it’s main account I just keep spending it.
Main purpose is only to park some time and then ...
I want to open another bank account where I wish to build a significant cash position (with about 5 months of my salary). I will use that money incase of emergencies or if I need a lot of cash, so that I don't have to exit any stock posi...
This is not going to be my salary account and would love if they have a credit card that has good benefits too
Thread to discuss bank accounts , type of the account and what do you use it for ?
