Best Savings Account Interest Rate for Deposits up to 1L in 2025

[hiraktalukdar]

Which Savings Account gives highest Interest Rate for a deposits up to 1L in 2025?

 

[kodiswaran]

Due to the current repo rate reduction, the FD rates are reduced a lot. consider Small Finance Bank for a 1 lakh FD as all deposits are DICGC-insured till 5 lakhs.

 

[Finchamp!]

While there are better options to keep emergency funds, if you've decided to keep ₹1 lakh in a savings account, Slice Bank can be a good choice since it gives returns equal to 100% of the Repo Rate. This is suitable only for ₹1 lakh. For larger amounts, I wouldn’t recommend keeping money in any Small Finance Bank (including Slice). Instead, go with safer banks like SBI, PNB, or HDFC — even if they offer lower interest.

Yes, deposits up to ₹5 lakh are insured in all RBI-regulated banks, but if something goes wrong, getting that money back can take time — and during that time, your money loses value.