Savings Accounts Interest Rates
Interest rates on all Savings Bank accounts including Non Resident External [NRE] and Non Resident Ordinary [NRO] savings accounts w.e.f. 01.06.2020.
No. | End-of-day balance | Interest rate (%) |
---|---|---|
1 | Up to and including ₹1 lakh | 2.75 |
2 | Above ₹1 lakh – ₹10 lakh | 2.75 |
3 | Above ₹10 lakh – ₹50 lakh | 2.75 |
4 | ₹50 lakh – ₹1 crore | 3.5 |
5 | Above ₹1 crore | 4.5 |