Question: Which Bank Is Better Kotak Or Axis?

What is the rank of Kotak Mahindra Bank?

Kotak Wealth The 2019 Euromoney Private Banking and Wealth Management Survey Ranked the following #1: Best Private Banking Services Overall: Kotak Mahindra..

Is Axis ASAP zero balance account?

It is a zero balance savings account which offers a complimentary virtual debit card / optional Visa Online Rewards Debit card. To apply for an Axis ASAP account, you should have a PAN Card and Aadhaar Card and a mobile number linked with your Aadhaar number.

What is Axis ASAP zero balance?

Axis ASAP is a new age digital savings account offered by Axis Bank. You can open an Axis ASAP account by downloading the Axis Mobile App or by visiting www.axisbank.com/asap& registering your Aadhaar, PAN & other basic details. … Axis ASAP is a fully loaded Digital Savings Account.

Is Axis Bank ASAP account good?

This done, your Axis ASAP account is good to use. All you need to do is visit any of our Axis Bank branches within 1 year to regularize your account. Any balance more than Rs 20,000 in the Axis ASAP account earns higher interest rate thanks to the auto FD feature.

Is Kotak Bank Safe 2020?

Kotak Mahindra Bank joins larger peers like HDFC Bank which also recorded a 24% increase in deposits aggregating to Rs 11.46 lakh crore at the end of March 2020. … “Your money is safe, the Indian banking system is safe and sound,” he had appealed on March 26.

Which is better Kotak 811 vs Axis ASAP?

As we used both accounts, we find it better with Kotak 811 account. Axis Bank will provide you physical card by default which will cost you some yearly charge. Here Kotak 811 can be used without any change. Also, Axis Bank will change you for SMS alert whereas Kotak 811 offers all of them for free.

Is Kotak Bank is Nationalised?

As mentioned in our other post, only the largest 14 private banks were nationalised through the act of Parliament in 1969. … New private sector banks – Axis Bank, Development Credit Bank, HDFC Bank, ICICI Bank, IndusInd Bank, Kotak Mahindra Bank, Yes Bank.

Is FD safe in Kotak Mahindra Bank?

Fixed Deposits in Kotak Mahindra Bank are fixed-income saving tools. The customers can deposit an amount for a definite period and at a predetermined rate of interest. FDs in Kotak Mahindra Bank is a safe medium for investment.

Is Kotak a good bank?

This bank has a very good customer service and i got this credit card offer directly through bank only. 0.5 4.0/5 “Great!” I maintain my savings account with KOTAK bank for more than 2 years. There is no hidden charges in this bank.

Which bank is better HDFC or Kotak?

Employee Ratings. HDFC Bank scored higher in 6 areas: Overall Rating, Career Opportunities, Compensation & Benefits, CEO Approval, % Recommend to a friend and Positive Business Outlook. Kotak Mahindra scored higher in 1 area: Work-life balance. Both tied in 2 areas: Senior Management and Culture & Values.

Which is the safest bank in India?

List of Best, Safe Banks in India1) HDFC Bank. If market confidence is a measure of the soundness of a Bank, then HDFC Bank takes the cake. … 2) State Bank of India. … 3) ICICI Bank. … 4) AXIS Bank. … 7) Kotak Mahindra Bank, IndusInd Bank.

Which is the richest Bank of India?

Here is the list of top 6 biggest public sector banks (PSBs) in India in 2019 in terms of market capitalization.HDFC Bank Ltd. … State Bank of India (SBI) … ICICI Bank Ltd. … Kotak Mahindra Bank Ltd. … Axis Bank Ltd. … IndusInd Bank Ltd.