Saving Account Interest Rates

saving-account-interest-rates

The most oldest and common form of savings is Saving Account. People find it good and preferable because the principal amount is always safe no matter how much interest is received.

Therefore it can be said that Saving Account is more convenient to save money as well as to earn simple interest too.

The minimum balance required to maintain a saving accounts differ from one bank to other. Banks have specified a minimum amount which an account holder has to maintain.

Here is the list of all Indian Banks with their minimum balance to be maintained also interest that is earned per annum.

Saving Bank Accounts Minimum Balance To Be Maintained (INR) Interest Rates (Pen Annum)
Allahabad Bank 1000 3.00% – 3.15%
Andhra Bank 0/5//100/1000 3.00%
AU Finance 5000 4.00% – 7.00%
Axis Bank 0/10000/25000/100000/ 3.00% – 4.00%
Bank of Baroda 0/5/1000 2.75%
Bank of India 500/5000/10000/20000/100000 2.90%
Bandhan Bank 0/2000/5000/25000/100000 3.00% – 7.15%
Bank of Maharashtra 1000 2.75%
Canara Bank 500/1000 2.90% – 3.20%
Central Bank of India 50 2.75% – 3.00%
Citibank 200000/ 2.75%
Corporation Bank 0/250/500/2500/15000/100000 3.00%
Dena Bank 0 2.75%
Dhanlaxmi Bank 0/5/1000/5000/10000/25000 3.00% – 4.00%
DBS Bank (Digibank) 0 3.50% – 5.00%
Federal Bank 0 2.50% – 3.80%
HDFC Bank 2500/5000/10000/25000 3.00% – 3.50%
HSBC Bank 2.50%
ICICI Bank 0/1000/2000/2500/5000/10000 3.00% – 3.50%
IDBI Bank 500/2500/5000 3.00% – 3.50%
IDFC Bank 25000 3.50% – 7.00%
India Post Payments Bank 0 3.00%
Indian Bank 250/500/1000 3.00% – 3.15%
Indian Overseas Bank 500/1000 3.05%
IndusInd Bank 0/10000/25000/2500000 4.00% – 6.00%
Jammu and Kashmir Bank 0/500/1000 2.90%
Jana Small Finance Bank 2500 4.00% – 7.25%
Karnataka Bank 0/500/1000/2000 2.75% – 4.50%
Kotak Bank 0/2000/3000/5000/10000/20000 3.50% – 4.00%
Lakshmi Vilas Bank 1000/3000/5000 3.25% – 6.50%
Oriental Bank of Commerce 0/500/1000 3.00%
Punjab National Bank (PNB) 500/1000/2000/50000 3.00%
Punjab & Sind Bank 500/1000 3.10%
RBL Bank 5000 4.75% – 6.75%
South Indian Bank 0/2500/5000 2.35% – 4.50%
State Bank of India (SBI) 0 2.75%
Syndicate Bank 0/100/500/1000 2.90% – 3.20%
UCO Bank 0/100/250/500/1000/1500 2.50%
Union Bank of India 0/20/100/250/500/1000 3.00%
United Bank of India 0/50/100/500 3.00%
Utkarsh Small Finance Bank 5000/10000 5.00% – 7.25%
Vijaya Bank 500/1000/2000 2.75%
YES BANK 0 4.00% – 6.00%
Article Categories:
Credit Card · Debit Card · General · Internet Banking

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