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Many banks are offering good interest rates on their savings accounts. This includes names ranging from IDFC First Bank to private banks like AU Small Finance Bank. DCB Bank offers 8% interest rate for amounts ranging from Rs. 10 lakh to Rs. 2 crore.
 

Utility News Desk !!! Many banks are offering good interest rates on their savings accounts. This includes names ranging from IDFC First Bank to private banks like AU Small Finance Bank. DCB Bank offers an interest rate of 8% for amounts ranging from Rs. 10 lakh to Rs. 2 crore. While for funds ranging from Rs. 10 crore to Rs. 200 crore, DCB Bank offers an interest rate of 7.75%.

IDFC First Bank offers its customers interest up to 7 percent on balances between Rs. 5 lakh and Rs. 25 crore. Along with this, banks usually offer interest ranging from 3 percent to 7 percent. Let us tell you that all these new interest rates will be applicable from October 1, 2023. If the amount in the account is Rs. 10 lakh and above Rs. 5 crore, Sarvodaya Small Finance Bank offers a maximum interest of up to 7.50 percent. Please note that this interest rate will be applicable from 13-11-2023.

ESAF Small Finance Bank offers 7.50% interest rate on savings account balance above Rs 5 lakh i.e. amount above Rs 5 lakh. Therefore, the interest rate on savings account was fixed from 3.5% to 7.50%. All these interest rates were applicable from 20 November 2023. AU Small Finance Bank offers interest rates ranging from 3.5 percent to 7.25 percent on savings accounts. The highest interest rate offered by the bank is 7.25 percent on minimum balance of Rs 1 crore to Rs 5 crore. This interest rate will be applicable from 11 September 2023.

Fincare Small Finance Bank offers interest rates ranging from 3.5 percent to 7.5 percent for savings accounts in its accounts. Fincare Small Finance Bank offers interest rates up to 7.50 percent on amounts ranging from Rs. 25 lakh to Rs. 10 crore. These new Fincare Small Finance Bank interest rates are effective from December 1, 2023.