Need A Financial Product Forums Bank Accounts & Deposits Should I transfer salary account from HDFC to Kotak Mahindra

This topic contains 1 reply, has 2 voices, and was last updated by  Ashu Garg 3 years, 6 months ago.

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    Ashu Garg

    I am a classic customer for HDFC bank. I have a salary account there and I enjoy benefits like personal banker, free credit card, etc. But if I compare rate of interest for the account with Kotak Mahindra Bank, then it is less. Kotak is the only bank offering 6% and is giving similar level of other benefits. Will it be wise to shift my account from HDFC to Kotak?


    If interest earning is the only point of shifting your bank account, then you can invest your idle funds in liquid investment opportunities. You can also invest in MFs.

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