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