Question:

Is Bank of Maharahstra good or Indian bank or SBI?

by  |  earlier

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I have an account with Bank of Maharshtra and Indian bank Chennai which i feel are offering me a less ROI for savings.My friend suggested SBI as its a largest bank of India.Can you please comment and advise ..is it going to make a difference if i close the accounts i have here and open a new one in SBI in terms of Interest rates for savings/fixed /long term investments or continue with same?

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10 ANSWERS


  1. the ROI on savings accounts is the same in all banks. there is no difference at all. service wise also all these three banks are ok. if at all u have to change your bank go to HDFC Bank.


  2. INTEREST RATE DIFFERS FROM TERMS OF DEPOSIT.

    SBI IS THE LARGEST BANK IN INDIA DOESNT MEAN THEY OFFER U HIGH RATE OF INTEREST,BEFORE OPENING UR ACCOUNT U NEED TO CHECK IN DIFFERENT BANK THE TERMS AND CONDITION RATE OF INTEREST ETC.

  3. you can visit Ratekhoj.com (http://www.ratekhoj.com) to get the best fixed deposit rates in India. Compare fixed deposit interest rates in various banks before deciding where to make your account. Savings bank rates are all the same - 3.5%.

  4. SBI is Good

    Highest Branches in India.

    Second highest Bank in the World.

  5. SBI is best

    http://shaktibanna.blogspot.com/2008/06/...

  6. SBI. all over India, with 11,000 branches.

  7. look into your needs 1st...if u just need to keep a personel a/c and not an account for your business ....then all you need to b concerned about is Intret rates...and assuming that you are individual and are concerend about the rate of intrest that you are getting presently...i would advise that though the SBI is the larget bank and all..buut the quality of service of it is not upto the mark...the staff are a bit arrogant...and the rates of intrest of all the above mentioned banks is same...so it doesnt matter which bank you keep an account with...but i would advise that you should keep your account with any of the 1st two banks and aviod SBI...rest upto you..

  8. sbi

  9. SBI is Good

  10. All banks, which you have mentioned almost similar rate of interest.  How can SBI offer better interest rate?

    The interest rates depends upon the duration of the deposit and 1/2 %additional interest for senior citizens.

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