Complete List of All Banks in India 2024: Public, Private, Rural, and More !

Public Sector Banks

Government-owned banks providing essential banking services like savings, loans, and financial inclusion schemes.

• Low-cost savings accounts with basic banking facilities.
• Various loan schemes like home, personal, and agriculture loans.
• Involvement in government welfare schemes like Jan Dhan Yojana.

State Bank of India (SBI) Punjab National Bank (PNB) Bank of Baroda Canara Bank

Private Sector Banks

Privately-owned banks focusing on offering innovative banking products and digital services.

• Higher interest rates on savings accounts.
• Personalized loan schemes and premium credit cards.
• Advanced digital banking and mobile app features.

HDFC Bank ICICI Bank Axis Bank Kotak Mahindra Bank

Regional Rural Banks (RRBs)

These banks focus on rural financial inclusion and agricultural lending.

• Agriculture loans, self-help group loans, and rural savings accounts.
• Implementation of government schemes like PM Kisan Yojana.
• Special financial literacy programs for rural communities.

Baroda UP Gramin Bank Prathama UP Gramin Bank

Small Finance Banks

Small finance banks cater to the underserved sections of the economy like small businesses and low-income individuals.

• High-interest savings accounts and small-ticket microloans.
• Insurance and pension products for low-income groups.
• Easy-to-use mobile banking apps for rural areas.

Ujjivan Small Finance Bank Equitas Small Finance Bank Suryoday Small Finance Bank

Payments Banks

Payments banks provide low-value banking services with a focus on digital transactions.

• Small savings accounts with limited deposit amounts (up to ₹2 lakh).
• Fast and easy digital payments, mobile recharges, and money transfers.
• Seamless mobile banking and debit card facilities.

Paytm Payments Bank Airtel Payments Bank India Post Payments Bank