Top 5 Private Sector Banks With Highest Interest Rates On Savings Accounts
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DCB Bank
DCB Bank’s resident, NRE, and NRO Savings Bank Account interest rates are listed below (with effect from October 1, 2021).
| Balance Range (INR) | Rate of Interest p.a. W.E.F October 1, 2021 |
|---|---|
| On balances up to 1 lakh in the account | 2.75% |
| On balances above 1 lakh to less than 25 lakh in the account | 5.00% |
| On balances from 25 lakh to less than 50 lakh in the account | 6.00% |
| On balances from 50 lakh to less than 2 crore in the account | 6.50% |
| On balances from 2 crore to less than 50 crore in the account | 5.50% |
| On balances from 50 crore and above | 5.00% |
| Source: Bank Website |
RBL Bank
Below are the interest rates on savings deposits including NRE/NRO Savings of RBL Bank which are in force from September 01, 2021.
| Daily balance | Rate of Interest (p.a.) |
|---|---|
| Upto Rs. 1 lakh | 4.25% |
| Above Rs. 1 lakh upto Rs. 10 lakh | 5.75% |
| Above Rs. 10 lakh and upto Rs. 3 Crore | 6.00% |
| Above Rs. 3 Crore upto Rs. 5 Crore | 6.00% |
| Source: Bank Website |
Bandhan Bank
Bandhan Bank’s Domestic / Non-Resident Rupee Savings Deposit interest rates, effective from November 1, 2021, are listed below.
| Daily balance In Rs | Rate p.a |
|---|---|
| Daily Balance up to 1 lakh | 3.00% |
| Daily Balance above 1 lakh to 10 lakh | 5.00% |
| Daily Balance above 10 lakh to 2 crore | 6.00% |
| Daily Balance above 2 crore to 10 crore | 5.00% |
| Source: Bank Website |
Yes Bank
With the introduction from May 13, 2021, the interest rates on savings accounts of Yes Bank for resident and non-resident customers are stated below.
| Daily Balance in the Savings Account (INR) | Applicable Interest Rates (p.a.) |
|---|---|
| 4% | |
| >1 Lac to | 4.50% |
| >=10 lacs to | 5.25% |
| Source: Bank Website |
IDFC First Bank
Here are the most recent interest rates on savings accounts of IDFC First Bank which are in force from 01/05/2021.
| On Balances (in Rs) | Rate of Interest (% p.a.) |
|---|---|
| 4.00% | |
| >1lac | 4.50% |
| >10lac | 5.00% |
| >2Cr | 4.00% |
| >10Cr | 3.50% |
| >100 Cr | 3.00% |
| Source: Bank Website |
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