Industrial processes are naturally multivariable in nature. A comparison of multivariable decentralized controllers has been performed and a multivariable four interconnected water tank system, which exhibits a RHP (Right Half Plane) zero is considered for decentralized control. The characteristics of a four-tank system are discussed and a decentralized PI (Proportional-Integral) controller is designed for the system based on various control algorithms. The algorithms are simulated using MATLAB and the performances are compared for reference tracking, disturbance rejection and model uncertainty cases. The comparison of the results show that the controllers based on Gershgorin band and Ideal relay method are suitable for the control of a four-tank system.