Best digital banks in India

The best digital banks in India, ranked on the Bankz Trust Score™ — approval odds, all-in cost, speed and capabilities. Picks update live from verified, sourced data. No pay-to-rank.

Top picks — Best digital banks in India

Bank
1RA RazorpayX IN · RazorpayX Business Banking	Free · 60%RazorpayX — Business Bankinghttps://razorpay.com/xSource class: website · reliability 80%Last verified 10d agoFree tier exists; paid plans add automation, payroll and higher limits.	None · 58%RazorpayX — Business Bankinghttps://razorpay.com/xSource class: website · reliability 80%Last verified 10d agoZero-balance current accounts available via partner banks on some plans.	2 days · 56%Bankz analyst desk — India (manual verification)Source class: human · reliability 90%Last verified 10d agoIndicative — verify with the institution before applying.	75/100 · B
2IC ICICI Bank IN · ICICI Bank Business Current Account	Free ICICI Bank — Current Accounts for Businesshttps://www.icicibank.com/business-banking/accounts/current-accountSource class: website · reliability 80%Last verified 10d agoNo fixed monthly fee; average monthly balance required, non-maintenance charges apply.	₹25,000 ICICI Bank — Current Accounts for Businesshttps://www.icicibank.com/business-banking/accounts/current-accountSource class: website · reliability 80%Last verified 10d agoIndicative — verify with the institution before applying.	3 days Bankz analyst desk — India (manual verification)Source class: human · reliability 90%Last verified 10d agoDigital InstaBIZ onboarding can be faster for eligible entities.	61/100 · B
3HD HDFC Bank IN · HDFC Bank Smart Current Account	Free HDFC Bank — Business / Current Accountshttps://www.hdfcbank.com/sme/pay/business-accounts/current-accountSource class: website · reliability 80%Last verified 10d agoMost current accounts have no monthly fee but require an average monthly balance; non-maintenance charges apply.	₹25,000 HDFC Bank — Business / Current Accountshttps://www.hdfcbank.com/sme/pay/business-accounts/current-accountSource class: website · reliability 80%Last verified 10d agoIndicative AMB for an entry SME variant; higher-tier variants require more.	4 days Bankz analyst desk — India (manual verification)Source class: human · reliability 90%Last verified 10d agoIndicative — verify with the institution before applying.	61/100 · B
4AX Axis Bank IN · Axis Bank Business Current Account	Free Axis Bank — Current Accountshttps://www.axisbank.com/business-banking/current-accountSource class: website · reliability 80%Last verified 10d agoNo fixed monthly fee; average monthly balance required by variant.	₹25,000 Axis Bank — Current Accountshttps://www.axisbank.com/business-banking/current-accountSource class: website · reliability 80%Last verified 10d agoIndicative — verify with the institution before applying.	4 days Bankz analyst desk — India (manual verification)Source class: human · reliability 90%Last verified 10d agoIndicative — verify with the institution before applying.	59/100 · C
5SB SBI IN · SBI Power Gain / SME Current Account	Free State Bank of India — Current Account / Corporate Bankinghttps://www.sbi.co.in/web/business/sme/sme-accountsSource class: website · reliability 80%Last verified 10d agoNo fixed monthly fee; average monthly balance required by variant.	₹10,000 State Bank of India — Current Account / Corporate Bankinghttps://www.sbi.co.in/web/business/sme/sme-accountsSource class: website · reliability 80%Last verified 10d agoIndicative entry AMB; higher-tier current accounts require more.	8 days Bankz analyst desk — India (manual verification)Source class: human · reliability 90%Last verified 10d agoBranch-led onboarding tends to be slower than private-bank digital flows.	55/100 · C

Rating = Bankz Trust Score™ · every value sourced · no pay-to-rank. Tap a column to sort.

How we picked

✓Fully digital onboarding
✓Onboarding speed
✓App & API quality
✓All-in cost
✓Trust Score

Rankings come from the Bankz Trust Score™ and your-profile fit — no pay-to-rank. See the methodology →

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Frequently asked

What are the best digital banks in India?

Digital and app-first providers onboard fastest and usually cost less all-in. The ranking above is built from verified, sourced data for India.

Informational only — not financial advice. Verify all terms with the institution.