Best Savings Account Interest Rates
Best Savings Account Interest Rates
1: IndianBank
The interest rate on Domestic term deposits stands revised as under with effect from 04.07.2022
7 days to 14 days 2.80 2.80 2.90 2.90
15 days to 29 days 2.80 2.80 2.90 2.90
30 days to 45 days 3.00 3.00 2.90 2.90
46 days to 90 days 3.25 3.25 2.90 2.90
91 days to 120 days 3.50 3.50 2.90 2.90
121 days to 180 days 3.75 3.75 2.90 2.90
181 days to less than 9 months 4.00 4.00 3.90 3.90
9 months to less than 1 year 4.40 4.40 3.25 3.25
1 year 5.10 5.25 3.55 3.55
Above 1 year to less than 2 years 5.20 5.40 3.25 3.25
Interest on Overdue Domestic Term Deposit: – If a Term Deposit (TD) matures and proceeds are unpaid, the amount left unclaimed with the bank shall attract rate of interest as applicable to savings deposit or the contractual rate of interest on the matured TD, whichever is lower.
2: Union Bank, Andhra Bank, Corporation Bank
Domestic /NRO Term Deposits:
The revised rates for different maturities for Domestic /NRO Term Deposits, which will be effective from 16th June, 2022 are as given below:-
Saving Bank Deposits:
Saving Bank Deposits rates w.e.f 16.06.2022
Balance Interest Rate (per annum) Up to Rs.50 lakhs 2.75 %
> Rs.50 lakhs to Rs.100 Crores 2.90 %
> Rs.100 Crores to Rs.500 Crores 3.10 %
> Rs.500 Crores to Rs.1000 Crores 3.40 %
Above Rs.1000 Crores 3.55 %
Interest is calculated on daily product basis and is credited on quarterly basis in the months of April, July, October and January every year.
3: Bandhan Bank
7–14 Days 3.00
15 –30 Days 3.00
31-45 Days 3.00
46 -90 Days 4.05
3 Years to 3 Years 14 Days 5.75
5 Years to 10 Years 5.80
Domestic and Non-Resident Rupee Savings Bank Account
a. Daily Balance up to 1 lakh 3.00%
b. Daily Balance above 1 lakh to 10 lakh 5.00%
c. Daily Balance above 10 lakh to 2 crore 6.25%
d. Daily Balance above 2 crore to 10 crore 6.00%
e. Daily Balance above 10 crore to 100 crore 6.00%
Interest will be calculated daily based on end of day clear balance in the account.
HDFC Bank 3.00% – 3.50% Rs.2500 to Rs.10,000
Kotak Mahindra Bank 3.50% Rs.5000 to Rs.10,000
DBS Bank 3.25% – 3.75% Rs.5000
Axis Bank 3.00% – 3.50% Rs.10,000
ICICI Bank 3.00% – 3.50% Rs.1000 to Rs. 10,000
IDFC Bank 3.00% – 5.00% Rs.10,000 or Rs. 25,000
IndusInd Bank 4.00% – 6.00% Rs.5000 to Rs. 10,000
Yes Bank 4.00% – 5.25% Rs.10,000 to Rs.25,000
Standard Chartered Bank 0.50% – 3.25% Rs.10,000
Citi Bank 2.50% Rs.25,000
RBL Bank 4.25% – 6.00% Rs.2500 to Rs.25000
DCB Bank 4.00% – 6.25% Rs.10,000
IDBI Bank 3.00% – 3.35% Rs.2500 to Rs.5000
Bank of Baroda 2.75% – 3.20% Rs.500 to Rs.1000
India Post Office 4.00% Rs.500
Punjab National Bank 2.80% – 2.85% Rs.500 to Rs.2000
South Indian Bank 2.35% – 4.50% NIL
HDFC Bank 3.00% – 3.50% Rs.2500 to Rs.10,000
Kotak Mahindra Bank 3.50% Rs.5000 to Rs.10,000
DBS Bank 3.25% – 3.75% Rs.5000
Axis Bank 3.00% – 3.50% Rs.10,000
ICICI Bank 3.00% – 3.50% Rs.1000 to Rs. 10,000
IDFC Bank 3.00% – 5.00% Rs.10,000 or Rs. 25,000
IndusInd Bank 4.00% – 6.00% Rs.5000 to Rs. 10,000
Yes Bank 4.00% – 5.25% Rs.10,000 to Rs.25,000
Standard Chartered Bank 0.50% – 3.25% Rs.10,000
Citi Bank 2.50% Rs.25,000
RBL Bank 4.25% – 6.00% Rs.2500 to Rs.25000
DCB Bank 4.00% – 6.25% Rs.10,000
IDBI Bank 3.00% – 3.35% Rs.2500 to Rs.5000
Bank of Baroda 2.75% – 3.20% Rs.500 to Rs.1000
India Post Office 4.00% Rs.500
Punjab National Bank 2.80% – 2.85% Rs.500 to Rs.2000
South Indian Bank 2.35% – 4.50% NIL
Bank of India 2.90% Rs.1000
Union Bank of India 2.90% NIL
Indian Bank 2.90% Rs.250
UCO Bank 3.50% – 4.00% Rs.250 to Rs.1000
ESAF Small Finance Bank 4.00% – 6.50% Rs.1000
AU Small Finance Bank 3.50% – 7.00% Rs.5000
Equitas Small Finance Bank 3.50% – 7.00% Rs.2500 to Rs.10,000
Jana Small Finance Bank 3.00% – 6.50% Rs.2000
Ujjivan Small Finance bank 4.00% – 7.00% Rs.50002.90% Rs.1000
Indian Bank 2.90% Rs.250
Canara Bank 2.90% – 3.20% Rs.500 to Rs.1000
UCO Bank 3.50% – 4.00% Rs.250 to Rs.1000
ESAF Small Finance Bank 4.00% – 6.50% Rs.1000
AU Small Finance Bank 3.50% – 7.00% Rs.5000
Equitas Small Finance Bank 3.50% – 7.00% Rs.2500 to Rs.10,000
Jana Small Finance Bank 3.00% – 6.50% Rs.2000
Ujjivan Small Finance bank 4.00% – 7.00% Rs.5000
