Best Saving Bank Account Product in India

People often try to find out which bank they should opt out for opening Saving Bank Account because everybody doesn't enjoy Salary Account.

One should look for following services or features in Saving Bank Account :

1. Time taken to open an account - Most of the Banks have their mechanism and this is the information vary from branch to branch.

2. Minimum Balance and Penalty - This is where SBI CANARA BANK PNB beat Private Banks which has strict minimum balance and huge penalties condition

SBI charges Rs. 50 per month whereas HDFC can cut upto Rs. 300 exclusive of taxes.

3. Net Banking - Most PSU banks you have to apply for net banking separately whereas Private gives Net Banking along with account opening which can be frustrated

4. Charges in Non Home Branch - Private Banks take lot of charges if you are doing transaction in different branch even SBI has started taken charges but bank like CANARA BANK does it with no charges.

OUR RECOMMENDATION : CANARA BANK 

1. Quick Opening

2. No Charges at NON HOME BRANCH 

3. GOOD NETBANKING feature which you can start yourself no need to visit branch

4. Min Balance : 1000 & Penalty of Rs. 30 per month for not maintaining minimum balance