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Best Online Banks in India

As technology gets better, the banking world is changing quickly. Users of online bank accounts can set up a safe digital account right away. After they’ve done this, they’ll be able to start using digital banking and all of its benefits. There are a lot of great digital banks to choose from if you live in India.

Many of India’s best banks have added digital banking to their services for customers. From Axis Bank to YES Bank, banks offer digital accounts that are competitive and have a lot of unique benefits. With digital accounts, people in India can use their smartphones to manage their money digitally.

Best online Banks in India

There are more and more digital banking options for people in India. There is a digital account for everyone, from simple accounts with no minimum balance to advanced accounts with extra perks. Read on to learn about the best online banking in India.

Best Online Banks in India

Axis Bank - logo

Axis Bank

Axis Bank is one of the most important banks in India. It was started in 1993. In fact, Axis Bank is the third largest bank in India’s private sector. This bank has been in business for a long time and offers a wide range of financial services to both individuals and businesses. A fully digital account is part of these services.

Account for ASAP Digital
You can choose from a number of online savings accounts through Axis Bank. These accounts will be able to be opened online. There are a lot of great features available to customers, and they work with all digital accounts opened through Axis Bank. But, depending on the type of account you choose, these features may not be as useful as they could be.

Depending on the type of account you choose, you may be able to spend between Rs. 1 Lakh and Rs. 5 Lakh per day. You’ll also have a lot of special deals and cashback options. There are six different kinds of online accounts to choose from, so you can find the right one for your banking needs.

Read on to find out what are best online banks in India, that match your needs.

Digibank DBS Bank - logo

DBS Bank

DBS Bank is a multinational bank that has been around since 1968. Even though the company started in Singapore, where its main office is, DBS does business in seventeen other places. India is one of these markets. In fact, people in India will be able to use DBS Bank’s online banking services.


DBS knows that digital banking is the way of the future. Users of their Digibank platform will have access to many great banking features, such as earning up to 4% on their savings. With their easy-to-use platform, you can simplify the way you bank and keep track of your money with no trouble.

Digibank has a lot to offer, from the perks that come with their debit cards to their goal-based approach to saving. When you sign up for Digibank from DBS, the future of banking is in your hand because you don’t have to use paper to sign up.

HDFC Bank - logo


HDFC Bank Limited is India’s top private bank right now. HDFC Bank was started in 1994, and its main office is in Mumbai. In 2020, HDFC was chosen as the Best Bank in India at the Euromoney Awards. In India, one of the services offered by HDFC Bank is a range of digital banking options.

Instant Online Savings and Salary Account online
HDFC Bank has digital bank accounts that are good for people of all ages. HDFC knows that banking has become more digital, so why shouldn’t setting up an account be the same way? HDFC has the best digital account options for you to consider, whether you want to open a salary account or a savings account.

Depending on the type of digital account you want to open, the amount you need to have in the account at all times will be different. When it’s time to open the account you want, you can do it online from the comfort of your own home. After you sign up, you’ll be able to use your digital account to send money and pay bills within 48 hours.

Youth Digisave Account
There really is an HDFC Bank digital account for everyone, even young people. HDFC is introducing younger people to digital banking with its Digisave Youth Account. Digital banking is only getting more popular, after all.

With this digital bank account, young people will be able to take advantage of all that digital banking has to offer, like great discounts and cashback. Users must be between 18 and 25 years old to have this type of account. Young people will be ready for the future of banking if they know a lot about digital banking.

ICICI Bank - logo


ICICI Bank, which was started in 1955, is another of India’s top private banks and one of the oldest. ICICI Bank is in seventeen countries and offers a wide range of services to its customers. This includes products like online banking!

Online account to save money right away
The Instant Savings Account from ICICI Bank in India could be a good choice for people who want to do their banking online. Online, it will be easy for potential users to set up and activate their accounts. Once they have done this, they will be able to start using this account’s benefits.

Users will be able to get a digital Debit Card, a physical Debit Card, or both. When people use their savings account to bank, they will be able to earn points, get special deals, and save money. You’ll be able to do your banking from anywhere, at any time. This is where banking is going!

ICICI Pockets

ICICI Bank has come out with another great digital banking service called “Pockets.” With this Visa-powered e-wallet, users will be able to pay bills, shop, send money, and do other things. You’ll be able to shop online in India with the app. ICICI will give users a physical Pockets card that they can use to pay for things in person.

When you join Pockets, you can set up your account right away, no matter where you are. After you sign up, your wallet will always be with you—it will be in your phone. With customer service that can be reached with just one click, Pockets is changing the way digital banking in India is done.

Read on to find out what are best online banks in India, that match your needs.

IndusInd Bank - logo

IndusInd Bank

Founded in 1994, IndusInd Bank is considered a new-generation bank in India’s private banking sector. Due to this, IndusInd understands that the future of banking is increasingly digital. For those interested in digital banking in India, IndusInd Bank might have the perfect online account!

Indus Digi-Start 

For those looking to open a digital bank account instantly within India, IndusInd Bank’s Indus Digi-Start account might be the perfect fit. Prospective users will be able to create their accounts within an instant, unlocking many great benefits. Another great benefit of this digital account from IndusInd is that there’s no minimum balance requirement.

Once the setup process is complete, users will be able to start earning rewards points and cashing in on discounts. There are four debit card options for users of this Digi-Start account, allowing everyone to find the perfect option for their banking needs. While all digital accounts are subject to many benefits, these may vary depending on the debit card choice selected upon registration.

Kotak Mahindra Bank - Logo

Kotak Mahindra Bank

Kotak Mahindra Bank Limited is one of India’s newer banks. It was started in 2003. But this hasn’t stopped them from offering financial services that are very competitive. In fact, as of 2021, Kotak is one of the most important private banks in India. One of the services they offer is a digital savings account.

811 Account Number

With Kotak Mahindra Bank‘s 811 Digital Accounts, potential clients can open a digital bank account right away and start making the most of their money. The Kotak 811 Digital Savings Account and the Kotak 811 Edge Savings Account are both digital accounts. That means that there’s a bank account for everyone!

On their savings account, Kotak users will be able to earn up to 3.5% interest per year. The 811 Digital Savings account doesn’t need to have a minimum balance either. With the helpful Kotak 811 app, users will be able to handle their money whenever and wherever they need to. Users will also be able to get a free virtual debit card.

RBL Bank - logo

RBL Bank

RBL Bank was started in 1943. Before that, it was called Ratnakar Bank. RBL is also a part of India’s private banking sector. Its main office is in Mumbai. The Asian Banker Financial Technology Innovation Awards have praised RBL Bank’s work on self-service banking in the past. Their digital savings account shows this.

Digital Account for Savings

RBL knows that everything is becoming digital in this day and age. That’s why they’ve moved forward by making their savings account digital. Users will soon be able to use this safe online savings account because they can sign up for it online right away. One reason is that these accounts pay more interest!

People will be able to bank on the go, at any time of day. With this digital RBL account, you can do everything from take money out to pay bills. Users will also be able to use the RBL online platform to invest any extra money they have. With their powerful app, you can do all of your banking online.

YES Bank - logo

YES Bank

YES Bank is a private bank with its main office in Mumbai. It was started in 2004. The State Bank of India (SBI) owns 30% of YES Bank right now. As a newer bank on the Indian market, YES Bank is looking to the digital future of banking.

Digital Account for Savings
Because YES Bank knows how important time is, they now let people set up a digital savings account from anywhere. Your digital YES Bank savings account is easy, safe, and, most importantly, all digital, just like the sign-up process. Digital accounts can be set up in a few easy steps by people who want to use them.

You can choose between a Savings Account PRO and a Savings Account PRO Plus. Users will be able to use a virtual or physical debit card that is linked to their digital account. Also, customers will be able to earn rewards points that can be used in the future. These digital accounts from YES Bank are great in a lot of ways.

Continue reading to find out what are best online banks in India, that match your needs.

State Bank of India (SBI) Yono

State Bank of India (SBI)

    The State Bank of India has been giving great financial services for a long time. Its main office is in Mumbai. As one of the 50 largest banks in the world, SBI has a lot of great services that help them stay as competitive as ever. This is made clear by their YONO digital banking project.

    YONO Digital Savings Account
    The YONO Digital Savings or Edge Account from the State Bank of India is the first in India to offer digital banking without a minimum balance. The benefits don’t end there, though! Users of YONO can earn up to 3.5% interest per year. Users will also get a virtual debit card for free!

    Even though the YONO Digital Savings Account might be enough for most users, the Kodak 811 Edge Savings Account will be an option. With the second account, however, you must keep at least Rs. 10,000 in it. No matter which account you choose, you can do your banking whenever and wherever you want.

    Summary – Best online Banks in India

    Online banking is letting people all over the world find out how helpful it is to have their banking needs at their fingertips. There are a lot of great digital accounts to choose from if you live in India. With instant and remote registration, you’ll be able to change the way you bank from the palm of your hand.

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