If you are looking for a comparison between HDFC bank and ICICI bank and you have this question in mind which bank is better HDFC or ICICI? Cool down, here is a data table that shows the clear picture for both banks. Please first analyze data for both banks and then choose your favorite bank.
Here is a comparison table.
Service Name | HDFC Bank | ICICI Bank |
Savings Account Interest Rate | 3% – 3.5% | 3% – 3.5% |
5 Year FD Interest Rates | 6.25% – 7% | 6.60% – 7.10% |
Home Loan Interest Rates | 8.40% – 8.90% | 8.75% – 8.95% |
MSME Loan Interest Rates | 7.65% | 10% |
LAP Interest Rates | 9.50%- 10.50% | 9.75% |
Personal Loan Interest rates. | 11% to 21% | 10.75% to 19% |
Personal Loan Maximum Amount | 40 Lakhs | 30 Lakhs |
If you have checked this table, is it sufficient data for comparison in both banks, I think this data is not sufficient. Let’s deep down into this analysis.
Table of Contents
HDFC Bank Better or ICICI Bank
It is difficult to say which bank is better, as both HDFC Bank and ICICI Bank are leading banks in India and offer a range of banking products and services. Both banks have a solid customer base and a wide network of branches and ATMs.
It ultimately comes down to personal preference and the specific products and services you are looking for in a bank. It is always a good idea to compare the features and benefits of the different banking products offered by HDFC Bank and ICICI Bank before deciding.
Products Offered by HDFC Bank and ICICI Bank
HDFC Bank and ICICI Bank both offer a wide range of banking products and services, including savings and current accounts, fixed and recurring deposits, loans, credit cards, debit cards, and a range of other financial services.
Both banks also offer a range of digital and mobile banking services, such as the HDFC Bank mobile app and net banking, to help customers manage their finances on the go.
In addition, both Banks offer investment and insurance products, such as mutual funds, life insurance, and health insurance, to help customers achieve their financial goals.
HDFC Salary Accounts
- Online Salary Account
- Premium Salary Account with Platinum Debit Card
- Premium Salary Account with Millennia Debit Card
- Regular Salary Account
- Defence Salary Account
- Government Salary Account
- Family Salary Account
- Reimbursement account
ICICI Salary Accounts
- Silver Salary Account
- Gold Salary Account
- Titanium Salary Account
- Defence Salary Account
HDFC Saving Accounts
- Regular Saving Account
- SavingsMax Account
- Women’s Savings Account
- DigiSave Youth Account
- Senior Citizen’s Account
- Saving Farmar Account
- Special Gold Speciale Paltinum
- Super Kids Saving Account
- Kids Advantage Account
- Institutional Saving Account
- Best Saving Bank Deposit Account
- Government Scheme Beneficiary Saving Account
- Basic Saving Account (BSBDA) Small Account
ICICI Bank Saving Accounts
- Regular Savings Account
- Silver Savings Account
- Gold Privilege Saving Account
- Titanium Privilege Account
- Pension Accounts
- The ONE Savings Account
- Advantage Woman Savings Account
- 3 in 1 Savings Account
- NPS Plus Saving Account
- Home Assure Savings Account
- Auto Assure Savings Account
- Saving Family Banking
- Investment & Tax Savings Account
HDFC Bank Corporate Accounts
- Max Advantage Current Account
- Ascent Current Account
- Activ Current Account
- Plus Current Account
- Premium Current Account
- Regular Current Account
- SmartUp For Start-Ups
- Saksham Current Account
- Business Solutions For E-Commerce Industry
- Current Account For Professionals
- Agri Current Account
- Institutional Current Account
- RFC – Domestic Account
- Exchange Earners Foreign Currency Account
ICICI Bank Corporate Accounts
- Smart Business Account 2.0 Ivy
- Smart Business Account 2.0 Platinum
- Smart Business Account 2.0 Gold
- Smart Business Account 2.0 Silver
- Classic 2.0
- RCA Standard
- M2O
HDFC Bank NRI Accounts
- NRI Saving Accounts
- NRI Salary Accounts
- NRI Current Accounts
- Accounts for Returning NRIs
ICICI Bank NRI Accounts
- NRE Saving Account
HDFC Loan Types
- Personal Loan
- Paperless Personal Loan
- Home Loan
- Business Loan
- New Car Loan
- Two Wheeler Loan
- Super Bike Loan
- Educational Loan
- Pre-Owned Car Loan
- EasyEMI Consumer Loan
- Rural Loan
- FlexiPay: Buy Now, Pay Late
- Loan On Credit Card
- SmartEMI
- Salary Plus
- Gold Loan
- Loan Against Securities
- Digital Loan Against Mutual Funds
- Loan Against Rental Receivables
- Loan Against Property
- Loan Against Car
- Loan On Credit Card
- SmartEMI
- Salary Plus
- Gold Loan
- Loan Against Securities
- Digital Loan Against Mutual Funds
- Loan Against Rental Receivables
- Loan Against Property
- Loan Against Car
ICICI Bank Loan Types
- Personal Loan
- Personal Loan on Credit Card
- Flexicash (Overdraft Against Salary)
- Business Loan
- Loan based on the value of your securities
- New Home loan
- Home Loan – Existing Customer
- Loan Against Property
- Home Loan Balance Transfer
- Home Buyers Smartbook
- Gold Loan
- Paylater
- Healthcare Equipment Loans
- Education loan
- Pradhan Mantri Mudra Yojana
- New Car Loan
- Two-Wheeler Loan
- Pre Owned Used Car Loan
- Loan against Car
- Dream Car Search
- Micro Finance
- Tractor Loan
- Self Help Group Bank Linking Program
- Agri Trades and Processors
- Commercial Vehicle Loan
- Construction Equipment Loan
Final Outcome
I think you have decided which bank is better for you after reading this detailed data. This comparison is tough because we can’t compare apples to apples. Few services are offered better by ICICI bank and few are offered by HDFC bank. If you read the above data then, you know, HDFC offers better loan interest rates and on the other hand, ICICI offers better FD rates.
Savings account interest rates are similar for both banks. HDFC is a winner in account types, this bank offers all types of accounts more than ICICI bank. You can select your account according to your need. So HDFC bank is a little bit ahead then ICICI bank.