Interest Rates on Savings Accounts in India

Best Savings Account Interest Rate of Banks in India

Bank Name Saving Account Interest Rates
Airtel Payment Bank7.25%
Bandhan BankDaily Balance upto Rs. 1 Lac - 4%Daily Balance above Rs. 1 Lac to 10 crore- 6.00%Daily Balance above 10 crore- 6.55%
IDFC Bank4.00%
Bank of Maharashtra4.00%
City Union Bank4.00%
Catholic Syrian Bank4.00%
D.C.B Ltd. 4.00% INR 1 crore and upto INR 5 crore- 6.25%Above 5cr - 6.50%
IndusInd BankFor daily balance up to Rs 1 lakh it is 4% p.a.For daily balance above Rs 1 lakh and below Rs 10 lakhs it is 5% p.a.For daily balance above Rs 10 lakhs it is 6% p.a.
I.D.B.I ​4.00%
Kotak Mahindra Bank Saving Deposits Balance upto Rs. 1 lakh- 5%Saving Deposits Between Rs. 1 lakh and Rs. 1 crore-6.00%Saving Deposits Between Rs. 1 crore and Rs. 5 crore - 5.5%
Karur Vysya Bank 4.00%
O.B.C savings4.00%
Punjab & Sind Bank 4.00%
Dhanalakshmi Bank ​4.00%
Nainital Bank 4.00%
South Indian Bank 4.00%
Ratnakar Bank Daily Balance Up to Rs.1 lakh - 5.10%6.10%
(Daily
Balance
upto Rs.10 lacs)
​7.10%
(Daily Balance
above
Rs10 lacs
upto Rs.5 crore)
Lakshmi Vilas Bank 5.00% for accounts with minimum balance of Rs 5 lakh 6.00%
For balance
above Rs. 5 lacs
UCO Bank4.00%
Union Bank of India Saving Deposits Balance upto Rs. 25 lakh - 3.5%Saving Deposits Balance above Rs. 25 lakhb-4.00%
Vijaya Bank4.00%
State Bank of India3.50%
HDFC BankSaving Deposits Balance below Rs. 50 lakh - 3.50%Saving Deposits Balance of Rs. 50 lakh and above. - 4%
Karnataka Bank3.00% Below 1 Lakh3.50% For 1 Lakh to 50 Lakhs4.00% For 50 Lakhs to 1 crore
Axis BankSaving Deposits Balance below Rs. 50 lakhs - 3.50%Saving Deposits Balance of Rs. 50 lakhs and above - 4.00%
Indian BankSaving Deposits Balance upto Rs. 50 lakh. - 3.50%Saving Deposits Balance above Rs. 50 lakh - 4%
Bank of BarodaSaving Deposits Balance upto Rs. 50 lakh. - 3.50%Saving Deposits Balance above Rs. 50 lakh - 4%
Yes BankSaving Deposits Balance upto Rs. 1 lakh -5.00%Saving Deposits Between Rs. 1 lakh and Rs. 1 crore - 6.00%Saving Deposits above Rs. 1 crore -6.25%
ICICI3.5% for end of day account balance of below ₹50 Lacs3.5% for end of day account balance of below ₹50 Lacs4% for end of day account balance of ₹ 50 Lacs & above
PNBSaving Deposits Balance below Rs. 50 lakh -3.50%Saving Deposits Balance of Rs. 50 lakh and above - 4.00%
UBISaving Deposits Balance upto Rs. 25 lakh - 3.50%Saving Deposits Balance above Rs. 25 lakh - 4%
Dena Bank3.50% upto 25 lac, 4.00% above 25 lac
Central Bank of India3.50% Upto 50 Lakh4.00% Above 50 Lakh
BoI3.50% for balances up to Rs.50 lacs4.00% for balances above Rs.50 lacs
Federal Bank Less than ₹50 Lakhs 3.50% ₹50 Lakh and to less than ₹10 Cr - 3.50% for amount up to ₹50 Lakh

4.00% for the remaining balance (of ₹50 Lakh and above)
₹10 Cr to less than ₹25 Cr - 3.50% for amount up to and including ₹1 Lakh

6.30% for the remaining balance above ₹1 Lakh
Corporation Bank3.50% for balance below Rs.50 lakhs4.00% for balance above Rs.50 lakhs
IOB3.50% upto 25 lakhs4.00% above 25 lakhs
Syndicate Bank3.50% upto 25 lakhs4.00% above 25 lakhs
Allahabad Bank​3.50% upto 40 lakhs4.00% above 40 lakhs
Andhra Bank3.50% upto 50 lakhs4.00% above 50 lakhs
Canara Bank4.00%
J & K Bank3.50%