The top 10 banking institutions in India are a mix of public sector and private sector banks. These banks are known for their extensive branch networks, wide range of services, and significant contributions to the Indian economy.
Table of Contents
Public Sector Banks:
1. State Bank of India (SBI)
| Feature | Details |
|---|---|
| Founded | 1955 |
| Headquarters | Mumbai, Maharashtra |
| Services | Retail banking, corporate banking, treasury operations, wealth management, and more |
| Branches | Over 22,000 branches |
| ATMs | Over 58,000 ATMs |
| Website | sbi.co.in |
State Bank of India (SBI) is the largest public sector bank in India, with a rich history dating back to 1806 as the Bank of Calcutta. It was nationalized in 1955 and has since grown into a banking giant with a significant global presence. SBI offers a wide range of banking services including retail banking, corporate banking, international banking, treasury operations, and wealth management. With over 22,000 branches and 58,000 ATMs across India, it serves millions of customers, making it a cornerstone of the Indian banking sector.
Key Services:
- Retail banking (savings accounts, fixed deposits, loans)
- Corporate banking (working capital finance, project finance)
- Treasury and forex services
- Wealth management and investment services
Contact:
- Customer Service: 1800 425 3800, 1800 11 2211
- Website: sbi.co.in
2. Punjab National Bank (PNB)
| Feature | Details |
|---|---|
| Founded | 1894 |
| Headquarters | New Delhi |
| Services | Retail banking, corporate banking, international banking, and more |
| Branches | Over 11,000 branches |
| ATMs | Over 13,000 ATMs |
| Website | pnbindia.in |
Punjab National Bank (PNB), established in 1894, is one of India’s oldest and largest public sector banks. PNB provides comprehensive financial services including personal banking, corporate banking, international banking, and agricultural banking. It has a robust network of over 11,000 branches and 13,000 ATMs, catering to a diverse customer base across urban and rural areas.
Key Services:
- Retail banking (savings accounts, fixed deposits, personal loans)
- Corporate banking (business loans, trade finance)
- International banking (foreign exchange, NRI services)
- Agricultural banking
Contact:
- Customer Service: 1800 180 2222, 1800 103 2222
- Website: pnbindia.in
3. Bank of Baroda (BOB)
| Feature | Details |
|---|---|
| Founded | 1908 |
| Headquarters | Vadodara, Gujarat |
| Services | Retail banking, corporate banking, international banking, and more |
| Branches | Over 9,500 branches |
| ATMs | Over 13,400 ATMs |
| Website | bankofbaroda.in |
Bank of Baroda (BOB) was founded in 1908 and is one of the leading public sector banks in India. With a significant international presence, BOB operates over 9,500 branches and 13,400 ATMs worldwide. The bank offers a variety of banking services including retail banking, corporate banking, international banking, and wealth management.
Key Services:
- Retail banking (savings accounts, term deposits, loans)
- Corporate banking (SME finance, large corporate banking)
- International banking (global trade services, NRI banking)
- Wealth management
Contact:
- Customer Service: 1800 102 4455, 1800 258 4455
- Website: bankofbaroda.in
4. Canara Bank
| Feature | Details |
|---|---|
| Founded | 1906 |
| Headquarters | Bengaluru, Karnataka |
| Services | Retail banking, corporate banking, international banking, and more |
| Branches | Over 10,000 branches |
| ATMs | Over 13,000 ATMs |
| Website | canarabank.com |
Established in 1906, Canara Bank is a major public sector bank headquartered in Bengaluru. The bank has a wide network of over 10,000 branches and 13,000 ATMs across India. Canara Bank offers a comprehensive range of banking services including retail banking, corporate banking, international banking, and treasury operations.
Key Services:
- Retail banking (savings accounts, loans, insurance)
- Corporate banking (business loans, project finance)
- International banking (forex services, NRI banking)
- Treasury operations
Contact:
- Customer Service: 1800 425 0018
- Website: canarabank.com
5. Union Bank of India
| Feature | Details |
|---|---|
| Founded | 1919 |
| Headquarters | Mumbai, Maharashtra |
| Services | Retail banking, corporate banking, international banking, and more |
| Branches | Over 9,500 branches |
| ATMs | Over 12,000 ATMs |
| Website | unionbankofindia.co.in |
Union Bank of India, founded in 1919, is a leading public sector bank with its headquarters in Mumbai. Following mergers with Andhra Bank and Corporation Bank, it has expanded its presence significantly. Union Bank offers a wide range of financial products and services including retail banking, corporate banking, international banking, and agricultural banking.
Key Services:
- Retail banking (savings accounts, personal loans, credit cards)
- Corporate banking (SME loans, corporate finance)
- International banking (foreign exchange, remittance services)
- Agricultural banking
Contact:
- Customer Service: 1800 22 2244
- Website: unionbankofindia.co.in
Private Sector Banks:
6. HDFC Bank
| Feature | Details |
|---|---|
| Founded | 1994 |
| Headquarters | Mumbai, Maharashtra |
| Services | Retail banking, corporate banking, investment banking, wealth management, and more |
| Branches | Over 5,600 branches |
| ATMs | Over 16,000 ATMs |
| Website | hdfcbank.com |
HDFC Bank, founded in 1994, is one of India’s premier private sector banks. Known for its excellent customer service and innovative banking solutions, HDFC Bank offers a wide range of products including retail banking, corporate banking, investment banking, and wealth management. It has over 5,600 branches and 16,000 ATMs across India.
Key Services:
- Retail banking (savings accounts, fixed deposits, personal loans)
- Corporate banking (business loans, trade finance)
- Investment banking
- Wealth management
Contact:
- Customer Service: Varies by region
- Website: hdfcbank.com
7. ICICI Bank
| Feature | Details |
|---|---|
| Founded | 1994 |
| Headquarters | Mumbai, Maharashtra |
| Services | Retail banking, corporate banking, investment banking, wealth management, and more |
| Branches | Over 5,200 branches |
| ATMs | Over 15,000 ATMs |
| Website | icicibank.com |
ICICI Bank, established in 1994, is a leading private sector bank in India. It provides a comprehensive suite of banking services including retail banking, corporate banking, investment banking, and treasury operations. ICICI Bank has a strong presence with over 5,200 branches and 15,000 ATMs nationwide.
Key Services:
- Retail banking (savings accounts, loans, credit cards)
- Corporate banking (SME banking, large corporate banking)
- Investment banking
- Treasury and forex services
Contact:
- Customer Service: 1800 102 4242
- Website: icicibank.com
8. Axis Bank
| Feature | Details |
|---|---|
| Founded | 1993 |
| Headquarters | Mumbai, Maharashtra |
| Services | Retail banking, corporate banking, wealth management, and more |
| Branches | Over 4,600 branches |
| ATMs | Over 11,800 ATMs |
| Website | axisbank.com |
Axis Bank, founded in 1993, is a prominent private sector bank in India. It offers a wide range of financial products and services including retail banking, corporate banking, wealth management, and investment banking. Axis Bank operates over 4,600 branches and 11,800 ATMs across the country.
Key Services:
- Retail banking (savings accounts, personal loans, credit cards)
- Corporate banking (SME banking, corporate finance)
- Wealth management
- Investment banking
Contact:
- Customer Service: 1860 419 5555
- Website: axisbank.com
9. Kotak Mahindra Bank
| Feature | Details |
|---|---|
| Founded | 2003 |
| Headquarters | Mumbai, Maharashtra |
| Services | Retail banking, corporate banking, wealth management, and more |
| Branches | Over 1,700 branches |
| ATMs | Over 2,700 ATMs |
| Website | kotak.com |
Kotak Mahindra Bank, established in 2003, is known for its strong customer base and innovative banking solutions. It offers a wide range of services including retail banking, corporate banking, wealth management, and investment banking. The bank has over 1,700 branches and 2,700 ATMs across India.
Key Services:
- Retail banking (savings accounts, fixed deposits, loans)
- Corporate banking (SME finance, corporate loans)
- Wealth management
- Investment banking
Contact:
- Customer Service: 1860 266 2666
- Website: kotak.com
10. IndusInd Bank
| Feature | Details |
|---|---|
| Founded | 1994 |
| Headquarters | Mumbai, Maharashtra |
| Services | Retail banking, corporate banking, wealth management, and more |
| Branches | Over 2,000 branches |
| ATMs | Over 2,800 ATMs |
| Website | indusind.com |
IndusInd Bank, founded in 1994, offers a wide range of financial products and services, focusing on innovation and customer satisfaction. The bank has over 2,000 branches and 2,800 ATMs across India. It provides services including retail banking, corporate banking, and wealth management.
Key Services:
- Retail banking (savings accounts, personal loans, credit cards)
- Corporate banking (SME banking, corporate finance)
- Wealth management
- Investment banking
Contact:
- Customer Service: 1860 267 7777
- Website: indusind.com
FAQs for each of the Top 10 Banking Institutions in India
Public Sector Banks:
1. State Bank of India (SBI)
Q: How can I open an account with SBI?
A: You can open an account with SBI by visiting any branch or through the SBI website/app. Required documents include identity proof, address proof, and a recent photograph.
Q: What are the customer service numbers for SBI?
A: The toll-free numbers are 1800 425 3800 and 1800 11 2211.
Q: How can I apply for an SBI debit card?
A: You can apply for an SBI debit card through internet banking, mobile banking, or by visiting your nearest SBI branch.
Q: How can I check my SBI account balance?
A: You can check your account balance through the SBI mobile app, internet banking, SMS banking, or by visiting an ATM.
Q: What are the interest rates for SBI savings accounts?
A: The interest rates vary and can be checked on the official SBI website or by contacting the branch.
2. Punjab National Bank (PNB)
Q: How can I register for PNB internet banking?
A: You can register for internet banking by visiting the PNB website and following the registration process or by visiting a PNB branch.
Q: What is the process for updating my KYC details with PNB?
A: You need to visit the nearest PNB branch with your updated KYC documents to update your details.
Q: How can I transfer funds using PNB mobile banking?
A: You can transfer funds through the PNB mobile banking app by logging in and selecting the ‘Transfer Funds’ option.
Q: What is the minimum balance requirement for PNB savings accounts?
A: The minimum balance requirement varies by account type and location. Details can be found on the PNB website or by contacting a branch.
Q: How can I contact PNB customer care?
A: The toll-free customer care numbers are 1800 180 2222 and 1800 103 2222.
3. Bank of Baroda (BOB)
Q: How can I open a fixed deposit with Bank of Baroda?
A: You can open a fixed deposit online through the BOB website or by visiting a BOB branch.
Q: What are the charges for issuing a cheque book in BOB?
A: Charges for cheque books vary and can be checked on the BOB website or by contacting a branch.
Q: How can I reset my BOB internet banking password?
A: You can reset your password through the BOB internet banking portal by following the ‘Forgot Password’ process.
Q: What are the loan products offered by Bank of Baroda?
A: BOB offers various loan products including home loans, personal loans, car loans, and education loans. Details are available on their website.
Q: How can I check my Bank of Baroda account statement?
A: You can check your account statement via internet banking, mobile banking, or by visiting a BOB branch.
4. Canara Bank
Q: How can I apply for a Canara Bank credit card?
A: You can apply for a credit card online through the Canara Bank website or by visiting a branch.
Q: What is the process for activating Canara Bank mobile banking?
A: You can activate mobile banking by downloading the Canara Bank app and following the registration process.
Q: How can I block my Canara Bank debit card if it’s lost or stolen?
A: You can block your debit card by calling Canara Bank customer care or through internet banking.
Q: What are the interest rates for Canara Bank fixed deposits?
A: Interest rates for fixed deposits vary and can be checked on the Canara Bank website or by contacting a branch.
Q: How can I check my loan application status with Canara Bank?
A: You can check the status of your loan application through the Canara Bank website or by contacting the branch where you applied.
5. Union Bank of India
Q: How can I register for Union Bank of India internet banking?
A: You can register for internet banking by visiting the Union Bank website and following the registration process or by visiting a branch.
Q: What are the customer care numbers for Union Bank of India?
A: The toll-free customer care number is 1800 22 2244.
Q: How can I apply for a loan with Union Bank of India?
A: You can apply for a loan online through the Union Bank website or by visiting a branch.
Q: What is the process for updating my mobile number with Union Bank of India?
A: You can update your mobile number by visiting a Union Bank branch with your ID proof and filling out a request form.
Q: How can I check my Union Bank of India account balance?
A: You can check your account balance through the Union Bank mobile app, internet banking, SMS banking, or by visiting an ATM.
Private Sector Banks:
6. HDFC Bank
Q: How can I open an HDFC Bank account online?
A: You can open an account online by visiting the HDFC Bank website and filling out the account opening form.
Q: What are the HDFC Bank customer care numbers?
A: The customer care numbers vary by region and can be found on the HDFC Bank website.
Q: How can I apply for an HDFC Bank home loan?
A: You can apply for a home loan online through the HDFC Bank website or by visiting a branch.
Q: How can I check my HDFC Bank credit card statement?
A: You can check your credit card statement through the HDFC Bank internet banking portal or mobile app.
Q: What are the charges for HDFC Bank savings accounts?
A: Charges vary by account type and can be checked on the HDFC Bank website or by contacting a branch.
7. ICICI Bank
Q: How can I register for ICICI Bank internet banking?
A: You can register for internet banking through the ICICI Bank website by following the registration process.
Q: What are the customer care numbers for ICICI Bank?
A: The toll-free customer care number is 1800 102 4242.
Q: How can I apply for an ICICI Bank personal loan?
A: You can apply for a personal loan online through the ICICI Bank website or by visiting a branch.
Q: How can I reset my ICICI Bank internet banking password?
A: You can reset your password through the ICICI Bank internet banking portal by following the ‘Forgot Password’ process.
Q: How can I check my ICICI Bank account balance?
A: You can check your account balance through the ICICI Bank mobile app, internet banking, SMS banking, or by visiting an ATM.
8. Axis Bank
Q: How can I open an Axis Bank savings account?
A: You can open a savings account online through the Axis Bank website or by visiting a branch.
Q: What are the Axis Bank customer care numbers?
A: The toll-free customer care number is 1860 419 5555.
Q: How can I apply for an Axis Bank credit card?
A: You can apply for a credit card online through the Axis Bank website or by visiting a branch.
Q: How can I check my Axis Bank loan application status?
A: You can check the status of your loan application through the Axis Bank website or by contacting the branch where you applied.
Q: How can I reset my Axis Bank internet banking password?
A: You can reset your password through the Axis Bank internet banking portal by following the ‘Forgot Password’ process.
9. Kotak Mahindra Bank
Q: How can I open a Kotak Mahindra Bank account online?
A: You can open an account online by visiting the Kotak Mahindra Bank website and filling out the account opening form.
Q: What are the Kotak Mahindra Bank customer care numbers?
A: The toll-free customer care number is 1860 266 2666.
Q: How can I apply for a Kotak Mahindra Bank loan?
A: You can apply for a loan online through the Kotak Mahindra Bank website or by visiting a branch.
Q: How can I check my Kotak Mahindra Bank account balance?
A: You can check your account balance through the Kotak Mahindra Bank mobile app, internet banking, SMS banking, or by visiting an ATM.
Q: How can I block my Kotak Mahindra Bank debit card?
A: You can block your debit card by calling Kotak Mahindra Bank customer care or through internet banking.
10. IndusInd Bank
Q: How can I open an IndusInd Bank account?
A: You can open an account online through the IndusInd Bank website or by visiting a branch.
Q: What are the IndusInd Bank customer care numbers?
A: The toll-free customer care number is 1860 267 7777.
Q: How can I apply for an IndusInd Bank credit card?
A: You can apply for a credit card online through the IndusInd Bank website or by visiting a branch.
Q: How can I check my IndusInd Bank account balance?
A: You can check your account balance through the IndusInd Bank mobile app, internet banking, SMS banking, or by visiting an ATM.
Q: How can I reset my IndusInd Bank internet banking password?
A: You can reset your password through the IndusInd Bank internet banking portal by following the ‘Forgot Password’ process.
