Savings Account Interest Rates

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Savings Account Interest Rates of RBI Scheduled Banks (in percentage %) [As of 20 April 2024]

Public Sector Banks >>>

Banks​	Upto 1L​	>1L to 5L​	>5L to 10L​	>10L to 25L​	>25L to 50L​	>50L to 1Cr​	>1Cr to 10Cr​	Above 10Cr​
Bank of Baroda​	2.75​	2.75​	2.75​	2.75​	2.75​	2.75​	2.75​	2.75 - 4.50​
Bank of India​	2.75​	2.90​	2.90​	2.90​	2.90​	2.90​	2.90​	2.90​
Bank of Maharashtra​	2.75​	2.75​	2.75​	2.75​	2.75​	2.75​	2.75​	2.75​
Canara Bank​	2.90​	2.90​	2.90​	2.90​	2.90​	2.90​	2.90 - 2.95​	3.05 - 4.00​
Central Bank of India​	2.80​	2.80​	2.80​	2.80​	2.80​	2.80​	2.80​	3.00 - 3.25​
Indian Bank​	2.75​	2.75​	2.75​	2.80​	2.80​	2.80​	2.80​	2.80 - 2.90​
Indian Overseas Bank​	2.75​	2.75​	2.75​	2.75​	2.75​	2.75​	2.90​	2.90​
Punjab & Sind Bank​	2.70​	2.70​	2.70​	2.70​	2.70​	2.70​	2.90​	2.90 - 5.00​
Punjab National Bank​	2.70​	2.70​	2.70​	2.75​	2.75​	2.75​	2.75​	2.75 - 3.00​
State Bank of India​	2.70​	2.70​	2.70​	2.70​	2.70​	2.70​	2.70​	3.00​
UCO Bank​	2.60​	2.60​	2.60​	2.75​	2.75​	2.75​	2.75​	2.75​
Union Bank of India​	2.75​	2.75​	2.75​	2.75​	2.75​	2.90​	2.90​	2.90 - 4.00​

Private Sector Banks >>>

Banks​	Upto 1L​	>1L to 5L​	>5L to 10L​	>10L to 25L​	>25L to 50L​	>50L to 1Cr​	>1Cr to 10Cr​	>10 Cr​
Axis Bank​	3.00​	3.00​	3.00​	3.00​	3.00​	3.50​	3.50​	3.50​
Bandhan Bank​	3.00​	6.00​	6.00​	7.00​	7.00​	7.00​	7.00 - 6.25​	6.50 - 8.05​
CSB Bank​	2.10​	2.75​	2.75​	2.75​	3.50​	4.00​	4.25 - 5.00​	5.00 - 7.85​
City Union Bank​	3.00​	3.50​	3.50​	4.00​	4.00​	4.00​	4.00​	4.00 - 5.00​
DCB Bank​	1.75​	3.00​	5.25​	8.00​	8.00​	8.00​	8.00 - 7.00​	7.75 - 5.50​
Dhanlaxmi Bank​	3.00​	3.25​	3.75​	3.75​	3.75​	4.00​	4.00​	4.00​
Federal Bank​	3.05​	3.05​	3.10​	3.10​	3.10​	3.75​	3.75 - 5.50​	5.50 - 7.81​
HDFC Bank​	3.00​	3.00​	3.00​	3.00​	3.00​	3.50​	3.50​	3.50​
ICICI Bank​	3.00​	3.00​	3.00​	3.00​	3.00​	3.50​	3.50​	3.50​
Induslnd Bank​	3.50​	5.00​	6.00​	6.75​	6.00 - 6.75​	6.75​	6.75​	6.75​
IDFC First Bank​	3.00​	4.00​	7.00​	7.00​	7.00​	7.00​	7.00​	7.00 - 3.50​
Jammu & Kashmir Bank​	2.90​	2.90​	2.90​	2.90​	2.90​	2.90​	2.90​	2.90​
Karnataka Bank​	2.75​	2.75​	2.75​	2.75​	2.75​	3.50​	4.50​	4.50​
Karur Vysya Bank​	2.25​	2.25​	2.50​	3.00​	3.00​	3.00​	3.25​	3.25​
Kotak Mahindra Bank​	3.50​	3.50​	3.50​	3.50​	3.50​	4.00​	4.00​	4.00​
Nainital Bank​	2.85​	2.85​	2.85​	2.85​	2.85​	2.85​	2.85​	2.85​
RBL Bank​	4.25​	5.50​	5.50​	6.00​	7.50​	7.50​	7.50 - 6.25​	6.25 - 6.75​
South Indian Bank​	2.50​	2.50 - 2.75​	2.75​	2.75​	2.75​	2.75​	2.75 - 4.50​	4.50 - 6.00​
Tamilnad Mercantile Bank​	3.00​	3.00​	3.00​	3.25​	3.25​	3.25​	3.25​	3.25​
YES Bank​	3.00​	4.00​	5.00​	7.00​	7.00​	7.00​	7.00​	7.00​
IDBI Bank​	2.75​	3.00​	3.00​	3.00​	3.00​	3.00​	3.00 - 3.25​	3.25 - 3.50​

Small Finance Banks >>>

Banks​	Upto 1L​	>1L to 5L​	>5L to 10L​	>10L to 25L​	>25L to 50L​	>50L to 1Cr​	>1Cr to 10 Cr​	>10Cr​
Au SF Bank​	3.00​	4.00​	5.00​	7.00​	7.00​	7.00​	7.25 - 7.00​	​
Capital SF Bank​	3.50​	3.50​	3.50​	3.50​	3.50​	3.50​	3.50​	3.50​
Equitas SF Bank​	3.50​	5.00​	7.00​	7.00​	7.00​	7.00​	7.00​	7.00 - 7.80​
Suryoday SF Bank​	3.00​	5.00​	7.25​	7.50​	7.50​	7.50​	7.50 - 7.75​	7.75 - 7.25​
Ujjivan SF Bank​	3.50​	5.00​	7.50​	7.50​	7.50​	7.50​	7.50​	7.50​
Utkarsh SF Bank​	4.00​	6.25​	7.50​	7.50​	7.50​	7.25​	7.25​	7.50 - 7.75​
ESAF SF Bank​	3.50​	6.00​	5.50​	7.50​	7.50​	7.50​	7.50​	7.50 - 8.00​
Fincare SF Bank​	3.00​	5.00​	5.00​	7.00​	7.00​	7.00​	7.25 - 7.00​	​
Jana SF Bank​	3.50​	5.00​	7.50​	7.50​	7.50​	7.50​	7.50​	7.55​
North East SF Bank​	4.00​	4.00​	5.00​	5.00​	5.50​	5.50​	5.50​	5.75 - 6.00​
Shivalik SF Bank​	3.50​	3.50​	3.50​	4.00​	4.00​	4.50​	6.00​	​
Unity SF Bank​	6.00​	7.00​	7.25​	7.25 - 7.50​	7.50​	7.50​	7.50 - 7.75​	7.75​

I will try to update this list quarterly so that it remains dynamic.

 

[s1t2y3a3m6]

Once upon a time there was an interest rate of 5% for SB account.