Savings Accounts

Here are some of the banks that provide savings accounts in India. This is not a comprehensive list as we have not included Payment Banks, Co-operative Banks (which you may be surprised to know are of 6 types as per RBI classification) and Regional Rural Banks.

In case you wanted to know, there are 2,100 banks in India. And we have included only (what we think are) the top 50+ banks with some sizeable retail presence in metro, urban and semi-urban areas. The list includes some of the recently merged banks.

Public Sector Banks

Allahabad Bank (Merged with Indian Bank)

Allahabad Bank used to offer the following savings account schemes:

1. Allbank Shakti
2. Normal Savings Account
3. Premium Savings Account
4. Three in One Account
5. Vikash Savings
6. Saral Savings
7. Savi Fix
8. Mahila Sanchay
9. Salary Premium
10. AllBank Senior

Reference Facts

• Allahabad Bank Website (Old): allahabadbank.in
• Headquarters: Kolkata, West Bengal
• Call Centre Toll Free Number: Not relevant any more

Andhra Bank (Merged with Union Bank of India)

The bank had the below savings accounts:

1. AB Kiddy Bank
2. AB Abhaya Plus
3. AB Easy Savings
4. AB Abhaya SB Account
5. AB Abhaya Gold SB Account
6. AB Jeevan Abhaya Scheme
7. AB Super Salary SB Account
8. AB Platinum SB Account
9. AB Diamond SB Account
10. Abhaya First Wealth Pack
11. AB Jeevan Abhaya Double Plus
12. AB Jeevan Abhaya Triple Plus
13. AB Little Stars and AB Teens

Reference Facts

• Andhra Bank Website (Old): www.andhrabank.in
• Headquarters: Hyderabad, Telangana
• Call Centre Toll Free Number: Not relevant any more

Bank of Baroda

Bank of Baroda, one of the largest banks in India offers the below savings accounts:

1. Savings Bank Account
2. Super Savings Account
3. Baroda Salary Privilege
4. Baroda Salary Premium
5. Baroda Salary Super
6. Baroda Salary Classic
7. Baroda Centenary Savings Account
8. Baroda Basic Savings Account
9. Baroda Salary Advantage Saving Account
10. Baroda Bachat Mitra
11. Baroda Pensioners Savings Bank Account
12. Baroda Jeevan Suraksha Savings Bank Account
13. Baroda Champ Savings Account
14. Gen-Next Junior

Reference Facts

• Bank of Baroda Website: www.bankofbaroda.com
• Headquarters: Baroda (Vadodara), Gujarat
• Call Centre Toll Free Number: 1800 223 344, 1800 102 4455

Bank of India

Bank of India has the below savings schemes:

1. BOI Star Yuva Account
2. BOI Star Mahila SB Account
3. BOI Star Senior Citizen SB Account
4. SB Account for Pensioners
5. Diamond Saving Bank Account
6. Star Suraksha SB Plus Account
7. Savings Bank Ordinary Account
8. BOI Savings Plus Scheme
9. BOI Super Saving Plus

Reference Facts

• Bank of India Website: www.bankofindia.co.in
• Headquarters: Mumbai, Maharashtra
• Call Centre Toll Free Number: 1800 220 229, 1800 103 1906

Bank of Maharashtra

The bank offers the following savings accounts:

1. Mahabank Savings Bank Scheme
2. Mahabank Yuva Yojana
3. Maha Bank Lok Bachat Yojana
4. Mahabank Royal Savings Account
5. Mahabank Purple Savings Account
6. NRI Ordinary Account
7. NRI External Account

Reference Facts

• Bank of Maharashtra Website: www.bankofmaharashtra.in
• Headquarters: Pune, Maharashtra
• Call Centre Toll Free Number: 1800 233 4526, 1800 102 2636

Canara Bank

Canara Bank’s saving accounts include:

1. Savings Bank Account
2. Canara Junior Saving Account
3. Canara NSIGSE Savings Bank Deposit Account
4. Canara Champ Deposit Scheme
5. Canara Basic Savings Bank Deposit Account
6. Canara Small Savings Bank Deposit Account
7. Canara Jeevandhara SB Account For Senior Citizens
8. Canara SB Power Plus
9. Canara Payroll Package Saving Bank Account
10. Canara Junior Saving Account

Reference Facts

• Canara Bank Websites: www.canarabank.com and www.canarabank.in (net banking)
• Headquarters: Bangalore, Karnataka
• Call Centre Toll Free Number: 1800 425 0018

Central Bank of India

Offers the following savings accounts:

1. Home Saving Safe (HSS) Account
2. Cent Premium
3. Cent Param
4. Cent Balbhavishya
5. Cent Salary Saving Scheme (CSSS)
6. Cent Bachat Khata

Reference Facts

• Central Bank of India Website: www.centralbankofindia.co.in and www.centralbank.net.in (net banking)
• Headquarters: Mumbai, Maharashtra
• Call Centre Toll Free Number (24 hours): 1800 22 1911

Corporation Bank (Merged with Union Bank of India)

The bank had the following savings accounts for retail customers:

1. Regular Savings Account
2. Corp Elite & Delite
3. Corp Super Saving Account
4. Corp Mahila Power Account
5. Corp Arambh Savings Account
6. Corp Saral Plus Savings Account
7. Corp Signature Account
8. Corp Classic Savings Account
9. Corp New Gen
10. Corp Pragati Account
11. Corp Saral Savings Account
12. Corp Saral Plus NRE

Reference Facts

• Corporation Bank Website (Old): www.corpbank.com
• Headquarters: Mangalore, Karnataka
• Call Centre Number: Not relevant any more

Dena Bank (Merged with Bank of Baroda)

Has the following savings accounts:

1. Basic Saving Bank Account
2. Dena Jeevan SB Account
3. Dena Minor Savings Scheme
4. Dena Savifix Deposit Scheme
5. Dena Stree Shakti
6. Dena Premium Savings Account Scheme

Reference Facts

• Dena Bank Website (Old): www.denabank.com
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: Not relevant any more

Indian Bank

The bank has the following types of savings accounts for its customers:

1. Savings Bank
2. IB CORP SB Payroll Package Scheme
3. Vikas Savings Khata
4. SB Platinum
5. IB Smart Kid SB Account

Reference Facts

• Indian Bank Website: www.indianbank.in and www.indianbank.net.in (net banking)
• Headquarters: Chennai, Tamil Nadu
• Call Centre Number (24 Hours): 1800 425 00 000, 1800 425 4422

Indian Overseas Bank

IOB has quite a few savings accounts, viz.:

1. Regular Savings Bank
2. IOB – Savings Bank Gold I
3. IOB – Savings Bank Gold II
4. IOB – Savings Bank Silver I
5. IOB – Savings Bank Silver II
6. IOB Student
7. Corporate Salary Account
8. SB Platinum
9. SB Small Account
10. Basic SB Deposit Account
11. Saving Bank Rules
12. Savings Bank Application Form
13. Basic Small SB Opening form
14. SB – Little Star
15. IOB Savings Bank SB DEFCOM
16. IOB – Savings Bank SB DEFNON
17. IOB Savings Bank SB AROGIYAMAHILA

Reference Facts

• Indian Overseas Bank Website: www.iob.in and www.iobnet.co.in (net banking)
• Headquarters: Chennai, Tamil Nadu
• Call Centre Number: 1800 425 4445

Oriental Bank of Commerce (Merged with Punjab National Bank)

Oriental Bank or OBC as it was often called offered the following savings accounts:

1. Savings Account
2. Basic Savings Account
3. Oriental Salary Account
4. Oriental Premium Salary Account
5. Oriental Yuva Account
6. Oriental Saprivaar Account
7. Oriental Pranam Account
8. Stree Sakti Saving Account
9. Oriental Salute Salary Account
10. Unnati Deposit Scheme
11. Oriental Pratham Account
12. Capital Gains Accounts Scheme

Reference Facts

• Oriental Bank of Commerce Website (Old): www.obcindia.co.in and www.obconline.co.in (net banking)
• Headquarters: Gurgaon, Haryana
• Call Centre Number: Not relevant any more

Punjab & Sind Bank

The bank offers these savings accounts:

1. Small Accounts
2. Basic Savings Bank Deposit Account
3. Saving Bank Account
4. PSB Premier Savings Bank Account

Reference Facts

• Punjab & Sind Bank Website: www.psbindia.com
• Headquarters: New Delhi, Delhi
• Call Centre Number: 1800 419 8300

Punjab National Bank

The second largest bank in India offers these savings accounts:

1. Saving Deposit (General) Account
2. Premium Saving Account
3. PNB Prudent Sweep for Individuals
4. PNB SF Prudent Sweep for the Accounts of Institutions
5. Family Protection Account
6. PNB Junior SF Account
7. PNB Vidyarthi SF Account
8. Basic Saving Bank Deposit Account (BSBDA)
9. PNB Rakshak Scheme
10. PNB Shikshak Sweep Scheme
11. Scheme for Providing Overdraft Facility to Pensioners
12. PNB Power Savings
13. PNB Pension Savings Account
14. Normal Salary Account
15. Gold Salary Account
16. Premium Salary Account
17. Platinum Salary Account

Reference Facts

• Punjab National Bank Website: www.pnbindia.in and www.netpnb.com (net banking)
• Headquarters: New Delhi, Delhi
• Call Centre Number: 1800 180 2222, 1800 103 2222

State Bank of India

India’s largest bank offers the following saving bank accounts:

1. Basic Savings Bank Account
2. Savings Plus Account
3. Small Account
4. Pehla Kadam
5. Pehli Udaan
6. Salary Account Packages
7. Insta Savings Account
8. Digital Savings account

Reference Facts

• State Bank of India Website: https://sbi.co.in and onlinesbi.com (net banking)
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: 1800 425 3800, 1800 112 211, 1800 110 009 (pensioners only)

Syndicate Bank (Merged with Canara Bank)

Here were the savings accounts from Syndicate Bank

1. Savings Bank Account
2. SyndSupreme Savings Account
3. SyndSamanya Savings Bank Account

Reference Facts

• Syndicate Bank Website (Old): https://syndicatebank.in and www.syndonline.in (net banking)
• Headquarters: Manipal, Karnataka
• Call Centre Number: Not relevant any more

UCO Bank

The eastern India-focussed bank offers the below savings accounts:

1. UCO Saral Savings Deposit Scheme
2. No-Frills Savings Bank Account (Zero Balance)
3. UCO Smart Kids Savings Bank Scheme

Reference Facts

• UCO Bank Website: www.ucobank.com.com and www.ucoebanking.com (net banking)
• Headquarters: Kolkata, West Bengal
• Call Centre Number: 1800 274 0123

Union Bank of India

Union Bank offers the following savings accounts:

1. Regular Savings Account
2. Basic Savings Bank Account
3. Union Family Savings Scheme
4. Union Flexi Account
5. Union Flexi Plus Savings Deposit
6. Union Capital Gain Deposit Scheme
7. Union Super Salary Account
8. Union Super Salary Account for Defence and Paramilitary Personnel
9. Special Salary Package for Government Employees

Reference Facts

• Union Bank of India Website: www.unionbankofindia.co.in and www.unionbankonline.co.in (net banking)
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: 1800 208 2244, 1800 22 2244

United Bank of India (Merged with Punjab National Bank)

The Eastern India focussed bank used to offer the below savings accounts for customers:

1. Savings Bank Account
2. United Basic SB Account
3. United Children Savings Account
4. United Bonanza Savings

Reference Facts

• United Bank of India Website (Maintained for Archival Reasons): www.unitedbank.co.in
• Headquarters: Kolkata, West Bengal
• Call Centre Number: Not relevant any more

Vijaya Bank (Merged with Bank of Baroda)

Vijaya Bank provided the following savings bank products:

1. Savings Bank Account
2. V Basic SB Account
3. V Payroll Savings Bank Account
4. V Genuth Savings Bank Account
5. V Balika Savings Bank Account
6. V Platinum Savings Bank Account
7. V Plus Savings Bank Account

Reference Facts

• Vijaya Bank Website (Old): www.vijayabank.com and www.vijayabankonline.in (net banking)
• Headquarters: Bangalore, Karnataka
• Call Centre Number: Not relevant any more

Private Sector Banks

Axis Bank Ltd.

Originally called UTI Bank since it was formed from United Trust of India, the private sector bank provides the following savings bank products:

1. ASAP Instant Savings Account
2. EasyAccess Savings Account
3. Prime Plus Savings Account
4. Prime Savings Account
5. Women’s Savings Account
6. Senior Privilege Savings Account
7. Future Stars Savings Account
8. Pension Savings Account
9. Trust/NGO Savings Account
10. Insurance Agent Account
11. Basic Savings Account
12. Small Basic Savings Account
13. YOUth Account (Discontinued)
14. Inaam Personal Account (Discontinued)

Reference Facts

• Axis Bank Website: www.axisbank.com
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: 1800 419 5959,1800419 6969

Bandhan Bank Ltd.

One of the most promising upcoming banks in India, Bandhan Bank provides the following savings bank products:

1. Standard Savings Account
2. Premium Savings Account
3. Special Savings Account
4. Advantage Savings Account
5. Sanchay Savings Account
6. GOS (Government Schemes) Savings Account
7. TASC (Trust, Association, Society and Club) Savings Account
8. BSBDA Basic Savings Bank Account
9. BSBDA Small – Basic Savings Bank Account

Reference Facts

• Bandhan Bank Website: www.bandhanbank.com
• Headquarters: Kolkata, West Bengal
• Call Centre Number: 1800 258 8181

Catholic Syrian Bank Ltd.

Not many know that Catholic Syrian Bank is one of the oldest banks in the country going back to 1920.  The bank offers the below savings bank accounts:

1. InstaDigital Savings Account
2. Platinum Savings Bank Account
3. Gold Savings Bank Account
4. Silver Savings Bank Account
5. Orange Savings Bank Account
6. Suvidha Plus Scheme
7. Social Support Savings Scheme

Reference Facts

• Catholic Syrian Bank Website: www.csb.co.in
• Headquarters: Thrissur, Kerala
• Call Centre Number: 1800 266 9090

City Union Bank Ltd.

City Union Bank or CUB, as it is more commonly known, offers the following savings accounts:

1. General Savings Account
2. Junior India
3. Young India
4. Salary Savings Account
5. Basic Savings Bank Account
6. Club Excel
7. PMJDY

Reference Facts

• City Union Bank Website: www.cityunionbank.com
• Headquarters: Kumbakonam, Tamil Nadu
• Call Centre Number: 044 7122 5000

DCB Bank Ltd.

DCB Bank, earlier Development Credit Bank, provides the following savings bank products:

1. Elite Savings Bank Account
2. Family Savings Bank Account
3. Shubh Labh Savings Bank Account
4. Privilege Savings Bank Account
5. Cashback Savings Bank Account
6. Classic Savings Bank Account
7. BSBDA Savings Bank Account

Reference Facts

• DCB Bank Website: www.dcbbank.com
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: 1800 209 5363, 1800 123 5363

Dhanlaxmi Bank Ltd.

Dhanlaxmi Bank offers the below savings accounts for its customers:

1. Dhanam Genius Savings Account
2. Dhanam Yuvak Savings Account
3. Dhanam Vanitha Savings Account
4. Dhanam Preferred Savings Account
5. hanam + and ++ Savings Account
6. Dhanam Premium Savings Account
7. Dhanam Privilege Savings Account
8. Regular Savings Account
9. Smart Salary Savings Account
10. Dhanam Basic Savings Bank Deposit
11. Dhanam Basic Savings Bank Deposit Account – Small

Reference Facts

• Dhanlaxmi Bank Website: www.dhanbank.com
• Headquarters: Thrissur, Kerala
• Call Centre Number: 0487 661 3000

Federal Bank Ltd.

Federal Bank provides the below savings account products to customers:

1. FedBook Selfie
2. Bespoke Savings Account
3. Fed Classic
4. Fed Classic Premium
5. Freedom SB
6. Young Champ
7. Fed Excel
8. SB Plus
9. Fed Power +
10. Mahilamitra
11. Yuvamitra
12. Fed Smart
13. BSBDA
14. FISA Savings Bank Account

Reference Facts

• Federal Bank Website: www.federalbank.co.in
• Headquarters: Aluva (Kochi), Kerala
• Call Centre Number: 1800 425 1199

HDFC Bank Ltd.

HDFC Bank offers the following savings products:

1. SavingsMax Account
2. Women’s Savings Account
3. Regular Savings Account
4. Senior Citizens Account
5. DigiSave Youth Account
6. Kids Advantage Account
7. Family Savings Group Account
8. Government/Institutional Savings Account
9. Basic Savings Bank Deposit Account
10. Government Scheme Beneficiary Savings Account
11. BSBDA Small Account

Reference Facts

• HDFC Bank Website: www.hdfcbank.com
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: 1800 258 3838; Has specific number for different cities

ICICI Bank Ltd.

ICICI Bank is the second largest private bank in the country and has a large range of savings bank accounts:

1. Regular Savings Account
2. Silver Savings Account
3. Gold Privilege Banking
4. Gold Plus Savings Account
5. Titanium Privilege Account
6. Advantage Woman Savings Account
7. Seniors Club Savings Account
8. Young Stars Account
9. Smart Star Savings Account
10. 3-in-1 Account
11. Smart Secure Savings Account
12. Family Banking Savings Account
13. Basic Savings Bank Account
14. No Frills Account
15. Bank@Campus Savings Account
16. Professional Savings Account
17. Resident Foreign Currency Account
18. Easy Receive Savings Account

Reference Facts

• ICICI Bank Website: www.icicibank.com
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: 1800 200 3344, 1800-103-8181 (Private Banking); Has specific number for different cities

IDBI Bank Limited

IDBI Bank was originally set up through an act in 1964. It offers the following savings accounts:

1. Super Savings Account
2. Super Shakti (Women’s) Account
3. Jubilee Plus (Senior Citizens) Account
4. Being Me Account
5. Power Kidz Account
6. Small Account (with Relaxed KYC)
7. Sabka Basic Savings Account (with Complete KYC)
8. Pension Savings Account (Central Govt. Employees)
9. Capital Gain Account Scheme

Reference Facts

• IDBI Bank Website: www.idbibank.in
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: 1800 200 1947, 1800 221 070

IDFC First Bank Ltd.

The banking arm of IDFC, the infrastructure finance company, IDFC Bank offers savings bank products for specific customer segments as well as the standard account savings account.  

1. Savings Account
2. Minor’s Savings Account
3. Senior Citizen’s Savings Account
4. Pratham Savings Account
5. Shakti Savings Account
6. Param Savings Account
7. Vishesh Savings Account
8. Corporate Salary Account

Reference Facts

• IDFC Bank Website: www.idfcfirstbank.com
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: 1800 419 4332

IndusInd Bank Ltd.

The Hinduja Group-backed IndusInd Bank had a goal of helping NRI consumers when established in 1994 but has since then become one of the leading private sector banks in the country. It offers a very wide range of savings accounts:

Individual Savings Accounts

1. Indus Classic Savings Account
2. Indus Easy Savings Account
3. Indus Small Account
4. Indus Exclusive Savings Account
5. Indus Select Savings Account
6. Indus Maxima Savings Account
7. Indus Privilege Max Savings Account
8. Indus Privilege Savings Account
9. Indus Privilege Active
10. Indus Young Saver
11. Indus Diva Savings Account
12. Indus Senior Savings Account
13. Indus 3 in 1 Saving Bank Account

Defence Salary Accounts

1. Indus Force
2. Indus Force Maxima

Corporate Salary Accounts

1. Indus Comfort Regular
2. Indus Comfort Premium
3. Indus Comfort Maxima
4. Indus Comfort Select
5. Indus Comfort Exclusive

Reference Facts

• IndusInd Bank Website: www.indusind.com
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: 1860 500 5004, 1860 267 7777 (Credit Cards)

Jammu & Kashmir Bank Ltd.

Jammu & Kashmir Bank was set up in 1938 and is the only private sector bank of this size headquartered in Jammu and Kashmir. The bank provides the following savings accounts:  

1. Deluxe Savings Account
2. General Savings account
3. General Small Account
4. Deluxe Salary Account
5. General Salary Account
6. Student Savings Account
7. Basic Saving Deposit
8. Saving Account-Government
9. Pension Account
10. Family Protection Savings Account

Reference Facts

• Jammu & Kashmir Bank Website:  www.jkbank.com
• Headquarters: Srinagar, Jammu and Kashmir
• Call Centre Number: 1800 1800 234, 1800 1800 234 (E-Banking)

Karnataka Bank Ltd.

Karnataka Bank was originally formed to serve the southern part of the present state of Karnataka, especially around the city of Mangalore. The bank has come a long way since its inception over 90 years ago. It currently provides the following savings bank products:

1. Privilege Savings Account
2. SB General
3. KBL Kishore (Children’s Savings Account)
4. KBL Vanitha (Women’s Savings Account)
5. KBL Tarun (Student’s Savings Account)
6. KBL Salary Privilege
7. SB Sugama
8. SB Small Account

Reference Facts

• Karnataka Bank Website:  https://karnatakabank.com
• Headquarters: Mangaluru, Karnataka
• Call Centre Number: 1800 425 1444

Karur Vysya Bank Ltd.

Karur Vysya Bank is another bank that traces its origin to the state of Tamil Nadu. Formed in 1916 to focus on the trading community around the town of Karur, the bank now has a presence across the nation and offers a variety of savings account products.

1. Regular Savings Account
2. Prestige Savings Account
3. Freedom Saving Account
4. Jumbo Kids Savings Account
5. KVB Shakthi Account
6. Student Savings Account
7. Rainbow Savings Account
8. Yuvashakti SB Account
9. Smart Savings Bank Account
10. Basic Savings Bank Account (Kalpatharu Account)

Reference Facts

• Karur Vysya Bank Website:  www.kvb.co.in and www.kvbin.com (net banking)
• Headquarters: Karur, Tamil Nadu
• Call Centre Number: 1860 200 1916

Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank is an Indian private sector bank that started out as an NBFC back in 1985. The bank got its banking license in 2003. Since then it has expanded aggressively across the country and now offers a variety of savings products for the Indian consumer.

1. Edge Savings Account
2. Pro Savings Account
3. Ace Savings Account
4. Junior – The Savings Account for Kids
5. Silk Women’s Savings Account
6. My Family Savings Account
7. Grand – Savings Programme
8. 811 Edge Digital Bank Account
9. 811 Digital Bank Account
10. Classic Savings Account
11. Nova Savings Account
12. Sanman Savings Account

Reference Facts

• Kotak Mahindra Bank Website:  www.kotak.com
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: 1860-266-2666, 1860-266-0811 (for 811 Digital Bank Customers)

Lakshmi Vilas Bank Ltd. (Acquired by DBS Bank)

Lakshmi Vilas Bank was another bank that was set up in the Karur region of Tamil Nadu (another one is Karur Vysya Bank) in the early part of the last century. The bank had around 569 branches and 7 extension counters when it was acquired by DBS Bank. It offered quite a few savings bank accounts. These are listed below for your reference.  

1. Savings Bank 301
2. Lakshmi Savings Gold
3. Lakshmi Savings Star Gold
4. Lakshmi Titanium
5. Lakshmi Corporate Salary
6. Savings Balance Free
7. Savings Youth Power
8. SAANVI
9. Financial Inclusion
10. Basic Savings Bank Deposit Account (BSBDA)
11. Lakshmi Prime

Reference Facts

• Lakshmi Vilas Bank Website: www.lvbank.com
• Headquarters: Chennai, Tamil Nadu
• Call Centre Number: 1800 425 2233

Nainital Bank Ltd.

Nainital Bank was founded by noted freedom fighter and nationalist Govind Ballabh Pant and a few other prominent people of Nainital nearly a century ago in 1922. The bank is a subsidiary of Bank of Baroda, which holds over 98.5% of its share capital. Nainital Bank provides the following savings bank products:

1. Regular Saving Account
2. Small Account
3. No Frill Account
4. PM Jan Dhan Yojana

Reference Facts

• Nainital Bank Website: www.nainitalbank.co.in
• Headquarters: Nainital, Uttarakhand
• Call Centre Number: +91 120 240 1083

RBL Bank Ltd.

RBL Bank, formerly known as Ratnakar Bank, has shown strong growth numbers in the second half of the 21^st century winning several awards as one the fastest growing small banks in the country. It offers several savings accounts:

1. Prime Savings Account
2. Prime Edge Savings Account
3. Advantage Savings Account
4. Seniors First Savings Account
5. Woman’s First Savings Account
6. Executive Salary Account
7. Insignia Preferred Banking Savings Account

Reference Facts

• RBL Bank Website: www.rblbank.com
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: 1800 123 8040

South Indian Bank Ltd.

South Indian Bank was established in the early part of the last century in Kerala and now has over 850 branches around the country. Its saving accounts portfolio includes general savings accounts as well as specific accounts meant for children, women, senior citizens and so on. 

1. Regular Savings
2. Privilege Savings
3. Junior Savings
4. SIB Youth Plus
5. Mahila Delight Account
6. SIB Elite Senior – SIB Mahila Elite
7. SB Invest
8. Corporate Salary Account
9. Basic Savings Bank Deposit Account

Reference Facts

• South Indian Bank Website: www.southindianbank.com
• Headquarters: Thrissur, Kerala
• Call Centre Number: 1800 425 1809, 1800 102 9408

Tamilnad Mercantile Bank Ltd.

Tamilnad Mercantile Bank originated as Nadar Bank in 1921 with a focus on serving the Nadar community of Tamil Nadu (then Madras). The bank remained small until Indian independence, having only 4 braches until 1947. Since then it has expanded its footprint and now has 509 branches (as of November 2018). Its savings account portfolio is comparable to larger banks and includes the following accounts.

1. Savings (AWB) Account
2. Salary Savings Bank Account
3. Premium Savings Bank Account
4. Little Super Star Savings Account
5. Dynamic Youth Savings Bank Account
6. Mahila Subha Savings Bank Account
7. Happy Family Banking Account
8. Royal Savings Bank Account
9. Visa Savings Bank Account
10. Basic Savings Deposit Account

Reference Facts

• Tamilnad Mercantile Bank Website: www.tmb.in
• Headquarters: Tuticorin, Tamilnadu
• Call Centre Number: 1800 425 0426

YES Bank Ltd.

YES Bank is one of the newest banks in India, being founded in 2004. Since then, it has emerged as one of the largest private sector banks in the country. It offers a range savings accounts including perhaps India’s first customisable savings account.

1. Customizable Savings Account
2. YES Savings Value Account
3. YES Savings Advantage Account
4. YES Savings Select Account
5. YES Savings Exclusive
6. My First YES Account
7. YES Grace for Women Savings Account
8. YES Respect for Senior Citizens Savings Account
9. YES Family Account
10. YES-Honour Account
11. YES Bank Smart Salary Platinum Account
12. Smart Salary Exclusive Account
13. Smart Salary Advantage Account
14. Kisan Savings Account

Reference Facts

• YES Bank Website: www.yesbank.in
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: 1800 1200

Small Finance Banks

AU Small Finance Bank Ltd.

AU Small Finance Bank originally started as a vehicle finance company in 1996 and became a small finance bank in 2017. The bank primarily focuses on the Western and Central states of Rajasthan, Gujarat, Madhya Pradesh and Maharashtra. It offers all the standard variety of accounts, viz., savings, current, loan, deposits and so on. The savings accounts range focus on specific segments of the customer market.

1. SAMARTH Savings Account
2. PRAGATI Savings Account
3. SAHYOG Savings Account
4. VARISHTHA Savings Account
5. TEJASWINI Savings Account
6. BACHPAN Savings Account
7. SAMARTH PRAVASI Savings Account
8. VIDYAARTHI Savings Account
9. AARAMBH Savings Account
10. AU ABHI Savings Account

Reference Facts

• AU Small Finance Bank Website: www.aubank.in
• Headquarters: Jaipur  Rajasthan
• Call Centre Number: 1800 1200 1200

Capital Small Finance Bank Ltd.

Capital Small Finance Bank was set up in the first decade of the 21^st century as a local area bank and got its license as a small finance bank from the RBI in 2016. The license made it reportedly the first small finance bank in the country. The bank offers a small set of savings accounts that are listed below.

1. Normal Savings Account
2. Capital Savings Account
3. Capital Saver Savings Account
4. Capital Super Saver Savings Account
5. Basic Savings Bank Account (Suvidha Bachat)

Reference Facts

• Capital Small Finance Bank Website: www.capitalbank.co.in
• Headquarters: Jalandhar, Punjab
• Call Centre Number: 1800 120 1600 (8 am – 8 pm)

Equitas Small Finance Bank Ltd.

Equitas Small Finance Bank was established as a microfinance company in 2007 and received its license to operate as a small finance bank in 2016. The bank has a presence across 14 states in India through 392 banking branches and outlets. Being a small finance bank, it offers a select range of savings account services for customers.

1. My Savings Account
2. Standard Savings Account
3. Regular Savings Account
4. Wings Savings Account
5. Value Plus Account
6. EDGE
7. Basic and Small Savings Account

Reference Facts

• Equitas Small Finance Bank Website: www.equitasbank.com
• Headquarters: Chennai, Tamil Nadu
• Call Centre Number: 1800 103 1222

ESAF Small Finance Bank Ltd.

ESAF Small Finance Bank owes its origin to an NGO called ESAF Society that was set up in 1992. The institute has come a long way since then, changing shape to become a strong name in the microfinance space and now a small finance bank. It received its license and started operations as a small finance bank in 2017. It offers a selection of savings accounts.

1. Regular Savings Account
2. Premium Savings Account
3. Student Savings Account
4. Senior Citizen Savings Account
5. Mahila Savings Account
6. Pradhan Mantri Jan Dhan Yojana (PMJDY) Savings Account

Reference Facts

• ESAF Small Finance Bank Website: www.esafbank.com
• Headquarters: Thrissur, Kerala
• Call Centre Number: 1800 103 3723

Fincare Small Finance Bank Ltd.

Originally established as an NBFC focusing on microfinance, Fincare Small Finance Bank received its small finance bank license from the RBI in 2017. It has a presence in the southern and western states of India. Its offerings include the standard line of banking products in addition to its microfinance loans. As of February 2019, it offers different types of savings accounts.

1. Smart Saver Account
2. Priority Account
3. Priority Plus Account
4. 101 First
5. 101 Priority

Reference Facts

• Fincare Small Finance Bank Website: www.fincarebank.com
• Headquarters: Bangalore, Karnataka
• Call Centre Number: 1800 3010 0111

Jana Small Finance Bank Ltd.

Jana Small Finance Bank, earlier known as Janalakshmi Financial Services, received RBI approval to commence operations as a small finance bank in 2015 and started operations in 2019. The bank offers a range of banking products including savings and current accounts, deposits and loans for both individual and enterprise requirements. Its savings accounts portfolio include the following.

1. Regular Savings Account
2. Savings Plus
3. BSBDA

Reference Facts

• Jana Small Finance Bank Website: www.janabank.com
• Headquarters: Bengaluru, Karnataka
• Call Centre Number: 1800 2080, 1800 4200

North East Small Finance Bank Ltd.

North East Small Finance Bank, formerly Rashtriya Gramin Vikas Nidhi (North East) Microfinance Limited, was the first bank from the North Eastern region to receive a small banking license in 2017. The bank offers three types of accounts, deposit schemes and cards. It offers a few savings account products that not only highlight its focus on the under-banked sector but also allows it to offer regular customers all the features of savings accounts. The savings account portfolio contains the below products.

1. Regular Savings Account
2. Premium Savings Account
3. Institutional Savings Account
4. Salary Account
5. BSBDA
6. BSBDA Small

Reference Facts

• North East Small Finance Bank Website: www.nesfb.com
• Headquarters: Guwahati, Assam
• Call Centre Number: 1800 121 1905

Suryoday Small Finance Bank Ltd.

Suryoday Small Finance Bank was set up in 2008 as a microfinance institution and received its small banking license from RBI in 2016. The bank started operations under its new avatar in January 2017. The bank offers four types of savings accounts in addition to the Govt. of India’s basic savings bank account for under-banked and under-privileged customers. 

1. Savings Ujjwal
2. Savings Aditya
3. Savings Classic
4. Savings Supreme
5. Basic Savings Bank Deposit Account

Reference Facts

• Suryoday Small Finance Bank Website: www.suryodaybank.com
• Headquarters: Navi Mumbai, Maharashtra
• Call Centre Number: 1800 266 7711

Ujjivan Small Finance Bank Ltd.

Ujjivan Small Finance Bank was the fourth bank in India to get the small finance bank license from RBI. The bank currently has a presence across 24 states in the country. It offers all the standard products available from a bank, including savings accounts. It has a small portfolio of savings accounts.

1. Regular Savings Account
2. Senior Citizen Saving Account
3. Corporate Salary Account
4. Minor Account
5. BSBDA Account – Basic Savings Bank Deposit Account
6. BSBDA Small Account
7. Institutional Segment (TASC): Savings Account

Reference Facts

• Ujjivan Small Finance Bank Website: www.ujjivansfb.in
• Headquarters: Bengaluru, Karnataka
• Call Centre Number: 1800 208 2121

Utkarsh Small Finance Bank Ltd.

Utkarsh Small Finance Bank disbursed its first loan in September 2009, and received its small banking license from the RBI in 2016-17. Starting with a client base of over 8,000 micro lenders, the bank increased it to cross 15 lakh customers in 2017-18. The bank’s savings accounts portfolio includes the following accounts.

1. Standard Savings Account
2. Premium Savings Account
3. Minor Savings Account
4. Salary Account
5. BSBDA
6. BSBDA Small

Reference Facts

• Utkarsh Small Finance Bank Website: www.utkarsh.bank
• Headquarters: Varanasi, Uttar Pradesh
• Call Centre Number: 1800 123 9878, 1800 208 1788

Foreign Banks

Bank of America

Bank of America, as the name suggests, is a US-based multinational bank that also has an Indian unit. The financial institution started operations in the country in 1964 with a branch in Bombay (now Mumbai) and now has branches in three other Indian cities, New Delhi, Chennai and Bengaluru as well. The bank focuses on corporate banking and does not offer any retail segment products including savings accounts or loans.

Reference Facts

• Bank of America Website: http://bofa-india.com
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: NA

Barclays Bank Plc.

Barclays Bank is a London headquartered multinational bank and started its operations in India in 1990. It primarily operated in corporate and investment banking segments of the market and moved into the retail segment in 2006 but winded it down in 2011 after the global financial crisis took its toll on the bank. News reports say that the bank is planning to return to retail or consumer banking in the country through the digital banking route. It currently has branches in Mumbai, Pune, New Delhi, Bangalore, Hyderabad and Kanchipuram.

The bank, however, does offer 2 types of savings accounts in the country.

1. Barclays Savings Account
2. Basic Savings Bank Deposit Account

Reference Facts

• Barclays Bank Website: www.barclays.in
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: +91 22 6000 1550 (Corporate Banking), +91 22 6000 7888 (Debit Card Lost/Stolen/Damaged)

BNP Paribas

BNP Paribas is a France-based bank that established its first Indian branch in Calcutta (now Kolkata) back in 1860. Currently it has branches in eight Indian cities: Mumbai, Pune, Ahmedabad, Delhi, Kolkata, Chennai, Hyderabad and Bangalore. Though the bank has retail operations in India, it does not offer a savings account for the general public instead focusing on corporate and private banking customers.

It offers retail financial services through its subsidiary Sharekhan, Home Loans through the joint venture Sundaram BNP Paribas Home Finance, Insurance through SBI Life Insurance, and wealth management and asset management solutions through its own divisions.

Reference Facts

• BNP Paribas Website: www.bnpparibas.co.in
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: NA

Citibank N.A.

Citibank N.A. is one of the rare international banks that offer a range of retail banking solutions for Indians. Its solutions are classified under different heads such as banking, credit cards, loans, home loans, insurance, wealth management and NRI banking, among others. The banking services include personal banking, business banking (called CitiBusiness), its Citi Commercial Bank unit, global banking, and corporate banking.

Its savings accounts include:

1. Citibanking Account
2. Citigold
3. Citigold Private Client
4. Citi Priority
5. Citibank Expatriate Account
6. Citibank Junior Account
7. Senior Citizens Account
8. Citibank Basic Savings Account
9. Citibank Suvidha

Reference Facts

• Citibank N.A. Website: www.online.citibank.co.in
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: 1860 210 2484, +91 22 4955 2484 (from outside India)

DBS Bank Ltd.

DBS Bank is a Singapore-based banking and financial services provider. The company entered India through the digital route and offers personal banking, business banking and wealth management solutions. Under personal banking, the bank initially offered a digital account but after receiving authorisation from the RBI in October 2018, it now also offers other savings accounts from March 2019.

1. Digi E-Wallet Account
2. DigiSavings
3. DBS Savings Account
   1. Savings Plus
   2. Savings Power Plus
   3. Treasures Savings
4. Light Savings Account (LSA) (the Basic Savings Bank Deposit Account)
5. DBS Global Indian Account (NRE/ NRO Savings Accounts)
6. Recurring Deposits
7. Flexi Fixed Deposit
8. Fixed Deposit

Reference Facts

• DBS Bank Website: www.dbs.com/in/index/default.page
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: 1800 209 4555, 1800 103 9897, +91 44 6685 4555 (international)

Deutsche Bank

Deutsche Bank is a German bank with one of the larger footprints in the Indian retail market among foreign banks. The bank offers retail banking, asset and private wealth management, investment banking and institutional equities broking in the country.

The savings account portfolio of the bank includes:

1. Professional Savings Account
2. Easy Savings Account
3. Regular Savings Account
4. Value-Plus Savings Account
5. Advantage Savings Account
6. Student Savings Account
7. Eve Advantage Account
8. Eve Value-Plus Account
9. Expat Savings Account
10. Payroll Salary Account

Reference Facts

• Deutsche Bank Website: www.deutschebank.co.in
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: 1860 266 6601

HSBC Ltd.

HSBC offers a range of banking solutions for the Indian retail, commercial and corporate segments. In addition to India, it has a presence across 65 countries. It entered India in 1959 when it acquired The Mercantile Bank of India, London and China, a banking entity that was established in Mumbai in 1853. The bank has a presence across retail banking and wealth management, commercial banking, global banking and markets, asset management, investment banking, infrastructure and real estate, equities research and stock broking, lending for HNIs and corporate customers (HSBC InvestDirect) and insurance (Canara HSBC Oriental Bank of Commerce Life Insurance).  

HSBC offers the following saving account options in the country:

1. Savings Account
2. Smart Money
3. Basic Savings Account
4. Corporate Employee Programme

Reference Facts

• HSBC Website: www.hsbc.co.in
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: 1860 266 2667, 1860 500 2255

Standard Chartered Bank

Standard Chartered Bank has the largest presence among international banks in India. As of March 2019, it had 100 branches across 43 cities, having set up its presence in the country in 1858. Its segments cover retail banking, commercial and private banking, and corporate and institutional banking.

It offers two savings accounts.

1. SuperValue Savings Account
2. aXcessPlus Savings Account

Reference Facts

• Standard Chartered Bank Website: www.sc.com/in
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: 6601 4444, 3940 4444, 1800 345 1000 (10 cities), 1800 345 5000 (1 city)

United Overseas Bank Ltd.

United Overseas Bank (UOB) is a Singapore-headquartered global bank and financial institution that entered India in 2009. The bank offers retail and wholesale banking services to individuals, corporations and financial institutions.

The bank offers two types of savings accounts for the retail customer.

1. Savings Account
2. Basic Savings Bank Deposit Account

Reference Facts

• United Overseas Bank Website: www.uobgroup.com/in
• Headquarters: Mumbai, Maharashtra
• Call Centre Number: +91 22 4247 2828 / 29