Saving Account Interest Rates : A large population of India uses a savings account ie savings account for savings. There are many banks, which are currently offering attractive interest on savings accounts.
This means that if a customer opens an account in these banks, then he will get the benefit of the interest rate set by his bank. However, for this it is also mandatory to keep a fixed amount in the account.
DCB Bank
DCB Bank is on the first number in this list. This bank is offering attractive interest not only on deposits but also on savings accounts. The rates are 7 to 8 per cent. 8% interest is being received for having a balance of less than Rs 10 crore to Rs 200 crore in the account.
Suryoday Small Finance Bank
Suryoday Small Finance Bank is giving 7% interest on savings account. Customers will have to maintain a balance of Rs 5 lakh to Rs 2 crore in their account.
IDFC First Bank
IDFC First Bank is currently offering 7% interest on bank balance above Rs 10 lakh and less than Rs 5 crore. The bank had revised the interest rates only last month.
ESAF Small Finance Bank
ESAF Small Finance Bank is currently offering 7.25% interest on savings account balance above Rs.50 lakh and less than Rs.2 crore. At the same time, 7% interest is being received on the balance of less than Rs 5 crore to Rs 10 crore.
