Private Banks in India
Compare leading private banks and their services in India
Market Overview
Market Size
$600 billion
Total private banking assets under management
Regulatory Body
RBI & SEBI
Primary financial regulator
Average Management Fee
0.3% - 1.0%
Typical fee range for wealth management
Private Banks in India
| Bank | Minimum Investment | Management Fee | Key Services | Heritage | |
|---|---|---|---|---|---|
| $2,000,000 | 0.50% - 1.50% |
| Since 1862 | Get Matched | |
| USD 2,000,000 | 0.50% - 1.60% |
| Since 1853 | Get Matched | |
| $5,000,000 | 0.60% - 1.75% |
| Since 1799 | Get Matched | |
| $5,000,000 | 0.60% - 1.75% |
| Since 1865 | Get Matched | |
| $10,000,000 | 0.75% - 2.25% |
| Since 1869 | Get Matched |
Requirements and Documentation
Minimum Investment
₹50,000,000
Typical minimum investment requirement
Required Documentation
- PAN Card
- Aadhaar
- Income proof
- Bank statements
Key Regulations
Banking Regulation Act
SEBI Regulations
PMLA Act
Frequently Asked Questions
What is the minimum investment for private banking in India?
Minimum investments for private banking in India typically start from ₹50,000,000, varying by bank and services required.
How are private banks regulated in India?
Private banks in India are regulated by RBI & SEBI under strict regulatory frameworks ensuring client protection and financial stability.
What are the typical management fees in India?
Management fees for private banking in India typically range from 0.3% - 1.0%, depending on the bank and portfolio size.
What services do private banks in India offer?
Private banks in India offer comprehensive wealth management services including investment advisory, estate planning, tax optimization, and family office services.
How do I open a private bank account in India?
Opening a private bank account in India requires meeting minimum investment thresholds, providing extensive documentation, and undergoing comprehensive due diligence processes.
What are the tax implications of private banking in India?
Private banking in India involves complex tax considerations including reporting requirements, tax optimization strategies, and compliance with international regulations like CRS and FATCA.
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