Read to know how much interest these private banks offer on savings accounts!

Read to know how much interest these private banks offer on savings accounts!

Read to know how much interest these private banks offer on savings accounts!

Interest offered by private banks on savings accounts!

RBL Bank:

7.1% p.a. on daily balance above Rs 10 lakh

6.1% p.a. on daily balance above Rs 1 lakh

5.1% p.a. on daily balance upto Rs 1 lakh

 

Yes Bank:

6.1% p.a. on savings account balance below Rs 1 crore

 

Kotak Mahindra Bank:

6.1% p.a. on minimum monthly balance of Rs 1 lakh

 

Lakshmi Vilas Bank:

5% p.a. on daily balance upto Rs 5 lakh

6% p.a. above Rs 5 lakh

 

IndusInd Bank:

4% p.a on daily balance upto Rs 1 lakh

5% p.a on daily balance above Rs 1 lakh but less than Rs 10 lakh

6% p.a on daily balance above Rs 10 lakh

4% p.a on non-resident NRO and NRE accounts

 

Bandhan Bank:

4.25% p.a on daily balance upto Rs 1 lakh. Interest paid half yearly.

5% p.a on daily balance above Rs 1 lakh. Interest paid half yearly.

 

HDFC Bank:

4% p.a.

 

Axis Bank:

4% p.a.

 

Source: BankBazaar.com

 

 

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