Suggest account for day to day transactions

[Dr. Drake]

Please suggest best account in your opinion for day to day (mostly UPI transactions). Actively, using three different accs. one to maintain upi transaction (with sarkari PSU not much benefits). It's still too much clutter & was pain to get stamped statement from PSU bank. Rest two accounts are with private banks but they serve different purpose & can't be interchanged for day to day purposes.

I have multiple accs. with different bank but feel free to suggest what you think is best & may have benefits in futures (for maybe cc, loans,etc)

 

[TheTrickySid]

Please suggest best account in your opinion for day to day (mostly UPI transactions). Actively, using three different accs. one to maintain upi transaction (with sarkari PSU not much benefits). It's still too much clutter & was pain to get stamped statement from PSU bank. Rest two accounts are with private banks but they serve different purpose & can't be interchanged for day to day purposes.

I have multiple accs. with different bank but feel free to suggest what you think is best & may have benefits in futures (for maybe cc, loans,etc)

For UPI go for Paytm payments bank it has possibly the lowest failure rate.
I haven't experienced any single failure until now

 

[prc1990]

Please suggest best account in your opinion for day to day (mostly UPI transactions). Actively, using three different accs. one to maintain upi transaction (with sarkari PSU not much benefits). It's still too much clutter & was pain to get stamped statement from PSU bank. Rest two accounts are with private banks but they serve different purpose & can't be interchanged for day to day purposes.

I have multiple accs. with different bank but feel free to suggest what you think is best & may have benefits in futures (for maybe cc, loans,etc)

You can go ahead with Kotak 811 or any payment banks like NSDL/Paytm etc. NSDL is preferable over Paytm as you would get free virtual Rupay Platinum Debit card to utilise various offers.

 

[prc1990]

For UPI go for Paytm payments bank it has possibly the lowest failure rate.
I haven't experienced any single failure until now

I echo.

 

[BankExpertIndia]

Please suggest best account in your opinion for day to day (mostly UPI transactions). Actively, using three different accs. one to maintain upi transaction (with sarkari PSU not much benefits). It's still too much clutter & was pain to get stamped statement from PSU bank. Rest two accounts are with private banks but they serve different purpose & can't be interchanged for day to day purposes.

I have multiple accs. with different bank but feel free to suggest what you think is best & may have benefits in futures (for maybe cc, loans,etc)

Can Use Jupiter... It's A Neo Bank... But Backed By Fedral Bank... So In Short Better Than A Payments Bank

 

[Dr. Drake]

Wow, I didn't even knew NSDL was a bank all I thought of it was security depository

You can go ahead with Kotak 811 or any payment banks like NSDL/Paytm etc. NSDL is preferable over Paytm as you would get free virtual Rupay Platinum Debit card to utilise various offers.

 

[Dr. Drake]

For UPI go for Paytm payments bank it has possibly the lowest failure rate.
I haven't experienced any single failure until now

Paytm blocked my account in past was messing with wallet loading through multi channels lost like 20-22k

 

[Dr. Drake]

T

Kotak/IDFC/Canara/PNB/Yes bank/Indusind I would suggest personally as I didn't have issues with them

Wouldn't recommend banking with Axis/ICICI ... They don't care much about customers

Kotak 811 is a 0 balance account

I had IDFC & kotak in mind. I hold current acc. with Indus

 

[BankExpertIndia]

Paytm blocked my account in past was messing with wallet loading through multi channels lost like 20-22k

Can Complain With RBI Ombudsman To Get That 20-25K Lost Amount

 

[Dr. Drake]

Can Use Jupiter... It's A Neo Bank... But Backed By Fedral Bank... So In Short Better Than A Payments Bank

Which debit card it comes with visa/Mastercard/rupay?

 

[BankExpertIndia]

Which debit card it comes with visa/Mastercard/rupay?

Visa

 

[Dr. Drake]

Can Complain With RBI To Get That 20-25K Lost Amount

No its fine don't want to get unwanted attraction. Minted 10x money when it was new

 

[TheTrickySid]

T

I had IDFC & kotak in mind. I hold current acc. with Indus

Maybe you should go with KOTAK

 

[prc1990]

No its fine don't want to get unwanted attraction. Minted 10x money when it was new

Yes heard that during the initial days, Paytm was more than rewarding 😅.

 

[Dr. Drake]

Was your wallet full KYC?

No back then it was complete different you can withdraw 50k daily limit without kyc