4 Best Savings Accounts With Higher Returns

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RBL Bank Savings Account

According to RBL Bank’s website, the private lender offers savings account interest rates ranging from 4.5 per cent to 6.25 per cent. RBL Bank savings account interest rate is 4.5 per cent for daily balance up to Rs 1 lakh, 6% for daily balance between Rs 1 lakh and Rs 10 lakh, and 6.25 per cent for daily balance above Rs 10 lakh.

Daily Balance Interest Rates In %
Up to Rs. 1 lakh 4.50%
Above Rs. 1 lakh up to Rs. 10 lakh 6.00%
Above Rs. 10 lakh and up to Rs. 3 Crore 6.25%
Above Rs. 3 Crore up to Rs. 5 Crore 6.25%
Source: RBL Bank, W.e.f. May 7, 2021

Bandhan Bank Savings Account

Bandhan Bank Savings Account

Bandhan Bank offers savings accounts with interest rates ranging from 3% to 6%, based on the regular balance The private lender Bandhan Bank is giving a 3% savings account interest rate on a daily balance of up to Rs 1 lakh. On a daily balance of Rs 1 lakh to Rs 10 lakh, the private lender is giving a 4% savings account interest rate. Bandhan Bank is providing customers with a 6% interest on a daily balance of over Rs 10 lakh.

Daily Balance Interest Rates In %
Daily Balance up to Rs 1 lakh 3.00%
b. Daily Balance above Rs 1 lakh to Rs 10 lakh 4.00%
c. Daily Balance above Rs 10 lakh to Rs 10 crore 6.00%
Source: Bandhan Bank, W.e.f. June 7, 2021

Yes Bank Savings Account

Yes Bank Savings Account

This private lender offers savings account interest rates ranging from 4% to 5.5 per cent. On a daily balance of up to Rs 1 lakh, the private lender bank is giving a 4% interest rate. The private lender is giving a 4.75 per cent annual interest rate on a daily balance of more than Rs 1 lakh but less than Rs 10 lakh, and a 5.5 per cent annual interest rate on a daily balance of less than Rs 100 crore.

Daily Balance Interest Rates In %
Up to 1 lakh 4% p.a
From 1 lakh to less than 10 lakhs 4.75% p.a
From 10 lakhs to less than 100 Crore 5.5% p.a
Source: Yes Bank: W.e.f. December 8, 2020

IndusInd Bank Savings Account

IndusInd Bank Savings Account

According to IndusInd Bank’s official website, the private sector lender offers savings account interest rates ranging from 4% to 5.5 per cent. On a daily balance of up to Rs 1 lakh, the private lender bank is giving a 4% savings account interest rate. The private lender is giving a 5% annual interest rate on a daily balance over Rs 1 lakh up to and including Rs 10 lakh, while the savings account interest rate is 5.5 per cent for a daily balance over Rs 10 lakh.

Daily Balance Interest Rates In %
Daily balance up to Rs. 1 Lakh 4.00%
Daily balance above Rs. 1 Lakh & up to (& including) Rs. 10 Lakhs 5.00%
Daily balance above Rs.10 Lakhs 5.50%
Source: IndusInd Bank, W.e.f. April 26,2021



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