Top 5 Bank Stocks Under 100 to Buy During Stock Market Crash

Investing in bank stocks priced under ₹100 can be an attractive option for both existing and prospective investors seeking growth opportunities in the Indian banking sector. Below is an overview of the top five bank stocks under ₹100, highlighting their current performance and future potential:

Here is the List of Top 5 Bank Stocks Under 100 to Buy During Stock Market Crash:

1. IDFC First Bank Ltd

Current Performance: IDFC First Bank is currently trading around ₹59. The bank has demonstrated robust financial growth, with a notable increase in net profit and net interest income (NII). For the quarter ending December 31, 2023, the bank reported a net profit of ₹716 crore, up 18% year-on-year, and NII of ₹4,287 crore, a 30% YoY increase. Additionally, the bank’s gross non-performing assets (GNPA) improved to 2.04%, and net NPA to 0.68%.
Future Potential: IDFC First Bank has outlined a strategic plan for the next five years, focusing on expanding its retail loan book and enhancing digital banking services. The bank aims to maintain a strong capital adequacy ratio and improve asset quality, positioning it well for sustainable growth.

2. Bank of Maharashtra Ltd

Current Performance: CMP of Bank of Maharashtra is around ₹45. Bank of Maharashtra has shown significant improvement in its financial metrics. The bank’s net profit rose to ₹1,327 crore for the quarter ended September 2024, up from ₹920 crore in the same period the previous year.
Future Potential: With a focus on expanding its retail and corporate banking segments, Bank of Maharashtra is poised to benefit from India’s growing economy. The bank’s emphasis on digital transformation and customer-centric services is expected to drive future growth.

3. Ujjivan Small Finance Bank Ltd

Current Performance: Ujjivan Small Finance Bank is currently trading at around ₹39. The bank has achieved a commendable 176% compound annual growth rate (CAGR) in profits over the last five years and a median sales growth of 24.8% over the past decade.
Future Potential: Catering primarily to underserved and unbanked segments, Ujjivan is well-positioned to capitalize on financial inclusion initiatives. Its focus on microfinance, housing loans, and SME financing presents significant growth opportunities, especially as it continues to enhance its digital offerings.

4. Central Bank of India

Current Performance: With a stock price of around ₹33, Central Bank of India has shown a remarkable transformation. The bank’s total deposits reached ₹385,011.32 crore, and advances grew to ₹243,406.28 crore. Its gross NPA ratio decreased to 4.50%, and net NPA improved to 1.23%.
Future Potential: The bank’s strategic initiatives and improving asset quality metrics suggest a positive outlook. Its extensive branch network and focus on digital innovation are likely to drive future growth and profitability.

5. Indian Overseas Bank

Current Performance: Trading at ₹35 as of 8^th April 2025, Indian Overseas Bank reported a net profit of ₹777 crore for the quarter ending September 2024, up from ₹625 crore in the same quarter the previous year. The bank has a return on equity (ROE) of 10.16% and net income of ₹2,665.66 crore.
Future Potential: With a solid reputation in international banking and trade-related services, IOB’s renewed focus on digital banking and customer-centric services positions it well for future growth, especially as it continues to strengthen its balance sheet.

Note: Stock prices and financial metrics are subject to market fluctuations. Investors should conduct thorough research and consider their risk tolerance before making investment decisions.

Disclaimer: Investments in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. News4You does not offer investment advice and does not encourage any action based on its content.

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