Quick Answer: Is Citibank Better Than HDFC?

Which private bank is best?

Housing Development Finance Corporation Limited, popularly known as HDFC Bank, ranks number 1 among the list of best private banks in India….HDFC Bank.

ICICI Bank.

Axis Bank.

Kotak Mahindra Bank.

Yes Bank.

Federal Bank.

IndusInd Bank.

RBL Bank.More items…•.

Is Axis Bank a good bank?

Axis Bank is the third-largest bank in the private banking sector in India and hence it is very safe to invest. … The bank offers different loans and fee-based products and services to large and mid-corporate customers.

Which one is better Axis or HDFC?

But, in terms of interest rates, HDFC is a better option as its highest rate is 8%. Whereas, Axis Bank Home Loan Interest rates are can go upto 8.55%….People Also Look For.Home Loan Interest Rates December 2020Axis Bank7.75% – 8.55%Bank of Baroda6.85% – 8.25%Citibank7.13% – 8.03%HDFC6.90% – 7.65%9 more rows

Which bank is better Citibank or Standard Chartered?

Citi scored higher in 5 areas: Overall Rating, Career Opportunities, Senior Management, % Recommend to a friend and Positive Business Outlook. Standard Chartered Bank scored higher in 1 area: Work-life balance. Both tied in 3 areas: Compensation & Benefits, Culture & Values and CEO Approval.

Which bank is best for salary?

Top 5 Salary Accounts in India, 2020Kotak Platina Salary Account.SBI Corporate Salary Package.HDFC Bank Classic Salary Account.Citibank Suvidha Salary Account.Axis Bank Prime Salary Account.

How is Standard Chartered Bank Credit Card Quora?

This credit card is one of the best in India to obtain cash back on fuel and utility spends. The SCB card that provides maximum discounts is the Standard Chartered Bank Ultimate Card. It provides up to 25% discount on your dining bills. Furthermore, you get 20% cash back on all your Uber rides.

Is Citibank a good credit card?

The best Citi credit card is the Citi® Double Cash Card – 18 month BT offer because it has a $0 annual fee, rewards cardholders with 2% Cash Back on all purchases (1% when you buy, 1% when you pay), and even helps reduce the cost of debt with an introductory APR of 0% for 18 months on balance transfers.

Is Citibank financially stable?

As of year-end 2019, Citi reported that 82% of its corporate credit portfolio had an investment grade profile. Overall, Fitch sees moderate vulnerability to Citi’s ‘a-‘ asset quality factor score. Entering the current downturn, Citi’s capital ratios were adequate to cushion against unexpected losses.

How do I avoid Citibank monthly fees?

To waive the $12 monthly service fee Make one qualifying direct deposit and one qualifying bill payment per statement period or maintain a $1,500+ combined average monthly balance in eligible linked accounts. Fee also waived when first listed account owner is 62 or older.

Which bank is better HDFC or Citibank?

In terms of efficiency, despite being one of the most profitable banks in the country, HDFC bank still languishes compared to Citigroup….VIDEO: How to Potentially Double Your Income in A Few Short Years.ParticularsCitibankHDFC BankRevenues per employees17.616.9NIM (%)7.63.35 more rows•Jun 24, 2003

Is Citibank in trouble?

The regulators — the Federal Reserve and the Office of the Comptroller of the Currency — said Wednesday that Citi had been engaging in “unsafe and unsound banking practices,” including in its programs to catch money launderers. …

Who has the highest savings rate?

Best savings accounts & rates of December 2020Best Overall Rate: Citibank – 0.70% APY.High Rate: Vio Bank – 0.66% APY.High Rate: Popular Direct – 0.65% APY.High Rate: Ally Bank – 0.60% APY.High Rate: American Express National Bank – 0.60% APY.High Rate: Synchrony Bank – 0.60% APY.High Rate: Comenity Direct – 0.60% APY.More items…

Is HDFC better than SBI?

This is despite the fact that SBI’s balance sheet is four times larger than HDFC Bank, has 10 times more customers, and is owned by the government of India. What’s worse, the stock shed nearly 6% more in value in trade today….BankMarket capitalisation as of May 4HDFC Bank₹5 lakh crore1 more row•May 5, 2020

How reliable is Citibank?

Citibank is a long-standing bank. It has always been trustworthy for me. The only downside is their fees, don’t like being nickel and dimed just because I don’t hold a lot of money in accounts; but then again, other banks are no better when it comes to this. Give to the rich – take from the poor.

Why Citibank is the best?

Citibank is one of the largest financial institutions in the world. It offers a variety of account packages to meet your needs, and it has thousands of branches and ATMs at which to access your account. There are no minimum deposit requirements to open checking or savings accounts.

Which Standard Chartered credit card is best?

Best Standard Chartered Bank Credit Cards in India 2020SCB Credit CardAnnual FeeStandard Chartered Super Value Titanium CardRs. 750Standard Chartered Ultimate CardRs. 5,000Standard Chartered Emirates World Credit CardRs. 3,000Standard Chartered DigiSmart Credit CardRs. 49/month2 more rows•Oct 29, 2020

Is Citibank India safe?

Yes, of course. They are quite safe. Thanks to strong regulation and supervision by Reserve Bank of India and system of internal control of banks, they are well capitalized, well managed and effectively regulated. Oh, you must be referring to the public sector banks!