Friends, as we all know human life is full of uncertainties, we don't know what will happen here, and due to this we should always be financially prepared to meet our needs in the future, in such a situation, if we talk about savings bank account, then today everyone has a bank account, but there are only a few banks that give huge interest on the money deposited in the savings account, let's know about them-
1. DCB Bank
DCB Bank is offering one of the highest interest rates in the market, especially for large deposits.
For deposits between Rs 10 lakh and Rs 2 crore, customers can earn an attractive 8% interest.
For higher deposits between Rs 10 crore and Rs 200 crore, the interest rate is slightly lower i.e. 7.75%.
These rates are effective from October 1, 2023.
2. IDFC First Bank
IDFC First Bank is offering competitive savings account interest rates.
Customers can earn up to 7% interest on balances between Rs 5 lakh and Rs 25 crore.
For smaller amounts, rates typically range from 3% to 7%. This new interest rate structure is effective from October 1, 2023.
3. Sarvodaya Small Finance Bank
Sarvodaya Small Finance Bank offers good returns on savings deposits, especially for larger balances. For amounts of Rs 10 lakh and above, the interest rate goes up to 7.5%. The new rate will be effective from November 13, 2023.
4. ESAF Small Finance Bank
ESAF Small Finance Bank also offers competitive interest rates, with its highest rate reaching 7.5% for balances above Rs 5 lakh. Interest rates on savings accounts range from 3.5% to 7.5%, making it a good option for medium to large depositors. These rates have become effective from November 20, 2023.
5. AU Small Finance Bank
AU Small Finance Bank offers interest rates ranging from 3.5% to 7.25% on its savings accounts.
Customers can get the highest interest rate of 7.25% on deposits between Rs 1 crore and Rs 5 crore.
These rates have become effective from September 11, 2023.
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