Highest S/A Interest Rates: These 5 private banks are offering the highest interest on savings accounts, including Bandhan Bank and IndusInd Bank.
Highest S/A Interest Rates: If your money is deposited in the savings account, then you also get interest on it. There are many benefits of having a savings account like earning interest, safety of money, extra earning due to auto sweep facility among fixed deposits etc. Government banks offer savings account facility with private banks. Small private banks are offering higher interest on savings accounts as compared to HDFC Bank and ICICI Bank.
Yes Bank: Yes Bank is offering an interest rate of up to 5.25 percent on savings accounts. Monthly average balance is Rs 10,000 to Rs 25,000.
DCB Bank: DCB Bank is offering an interest rate of up to 6.75 percent on savings accounts. This bank is giving the highest interest rate among private banks. In this, the monthly balance has to be kept from Rs 2,500 to Rs 5,000. For more details you can visit the website of this bank.
IndusInd Bank: IndusInd Bank is offering up to 5 percent interest rate on savings accounts. Average monthly balance is Rs 1,500 to Rs 10,000.
Bandhan Bank: Bandhan Bank is offering an interest rate of up to 6 percent on savings accounts. The monthly average balance required is Rs 5,000.
