Saving Bank Account Interest Rate

Interest rate for Savings Bank Deposits effective from 17thJune 2025

Slab

 End of the Day Balance

Rates of interest (p.a)

1

Upto and including ₹1L

2.50% - uniform rate

2

Above ₹1L to less than ₹50Cr

2.50% for balance less than ₹5Cr

4.75% for balance of ₹5Cr to less than ₹50Cr

3

 ₹50Cr to less than ₹150Cr

2.50% for balance less than ₹5Cr

6.25% for balance of ₹5 Cr to less than ₹150Cr

4

 ₹150Cr and above

2.50%

 

The rates as mentioned above will be calculated on the daily End of the Day balances maintained in Savings Bank accounts (Resident/NRE/ONR) and the same will be credited to respective accounts on a quarterly basis.