Which is the best bank for seamless transactions with Zerodha?

General
1

Which is the best bank for seamless transactions with Zerodha?

I have a Bank of Baroda account linked with Zerodha but adding or withdrawal of funds is such a pain as most of the time Bank of Baroda Net Banking or Mobile Banking is facing downtime.

2

Use Google Pay UPI . Very low transaction failure rate as per my observation.

3

HDFC Bank

Because Zerodha uses HDFC Bank.

I am using HDFC Bank. No issue i faced.

Even withdrawal are very fast.

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5

Hi @itsadam ,

I was also thinking about opening an account with idfc as they are partnered with zerodha for 3in1 account. But, I am not sure if that 3in1 account requires monthly balance maintenance or not? In upstox + indusind 3in1, balance maintenance is not required.
Are you using idfc 3in1? If yes, then please provide some info about balance maintenance.

Thanks…

7

But they’re keenly selling the 25k accounts

8

You can use kotak Mahindra Bank 811 account with no minimum balance.And it can be opened online and only one visit to bank is Required.And there is no account opening charges or sms charges or maintenance charges.you can use full potential of account balance…And i am using the same.

9

Zerodha has an official partnership with IDFC First Bank specifically for seamless trading.

There are other good features with the 3-in-1 account. Click here to know more:

https://support.zerodha.com/category/account-opening/idfc-3in1/articles/benefits-3in1

Also, IDFC First Bank currently gives the best interest rate on savings account balance (7%).

1 Like
11

I’m using HDFC Bank & no issues till now.