Saving Account Interest: People usually use savings account to keep their savings money safe. Its biggest advantage is that you can deposit or withdraw money anytime. You are also given interest by the bank on the amount deposited in the savings account.
The rate of interest given on the amount deposited in the savings account varies from bank to bank. Some banks are giving interest between 7 to 8 percent depending on the balance amount of the savings account. Today we are telling you about some such banks which are offering the highest interest rate on savings account.
DCB Bank (up to 8 percent)
DCB Bank offers 7 to 8 percent interest depending on the balance on the savings account. This bank is giving 8.00 percent interest rate on balance from 10 crores to less than 200 crores in the account. These interest rates are applicable from 8 May 2023.
Fincare Small Finance Bank (up to 7.5 per cent)
Fincare Small Finance Bank is offering 7.5 per cent interest on Savings Account. Changes have been made in the interest rates on 1 August. Accounts with a balance of Rs 5 lakh to Rs 25 lakh will get a maximum interest rate of 7.25 per cent. 7.25 percent interest will be available on the balance from Rs 25 lakh to Rs 50 lakh. If the balance is between Rs 50 lakh and Rs 2 crore, then the interest will be up to 7.5 percent.
IDFC FIRST Bank (up to 7%)
IDFC First Bank is offering up to 7% interest on balances above Rs 10 lakh and less than Rs 5 crore. These new rates are applicable from 1 July 2023.
Suryoday Small Finance Bank (up to 7 per cent)
Suryoday Small Finance Bank is offering 7.00 per cent interest on savings accounts with a balance of Rs 5 lakh to Rs 2 crore. At the same time, interest of 6.75 per cent is available on the balance from Rs 1 lakh to Rs 5 lakh.
ESAF Small Finance Bank (up to 7.5 per cent)
ESAF Small Finance Bank is offering up to 7.5 per cent interest on balances between Rs 10 crore and less than Rs 2 crore in savings accounts. The bank is paying 7.25 per cent interest on the balance of less than 50 lakhs to 2 crores in the savings account and 7 per cent interest on the balance of less than 5 crores to 10 crores.
