Savings Account Interest Calculator
Step 01
My Investment Goal
(Future)Step 02
My Present Investments
(Present)Step 03
My Expected Returns
Amount that you should Invest per Month (INR)
₹ 0,000
digibank Savings Account Interest Rates
Account Interest Rates per annum |
|
digiSavings |
digibank e-wallet |
Balance up to Rs. 1 lakh will get 3.25% interest rates |
No interest rates applicable |
Any balances over and above Rs. 1 lakh and up to Rs. 2 lakhs will get 3.5% on the incremental amount* |
|
Any balances over and above Rs. 2 lakhs and up to Rs. 5 lakhs will get 4% on the incremental amount* |
|
Any balances over and above Rs. 5 lakhs and up to Rs. 5 Cr will get 3% on the incremental amount* |
|
Any balances over and above Rs. 5 Cr will get 3.75% on the incremental amount thereon |
|
Note:
- *Interest rate revised as above w.e.f. 12th Feb 2021.
-
*Interest rate up to 11th Feb 2021 is:
- Domestic / NRO / NRE: 3.50% p.a on balance upto Rs. 1 lakh; 4% p.a on balance above Rs. 1 lakh and upto Rs. 5 lakhs; and 3.75% on balance above Rs. 5 Lakhs.
- Interest will be paid at quarterly rests or on any other rests as the Bank may decide from time to time.
- Interest will be calculated on daily available balance or as required by the regulator or as a result of banks own decision.
- Rate of interest on digiSavings is subject to change from time to time at the discretion of the Bank and/or in accordance with directives from RBI.
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Frequently Asked Questions
The savings account interest rate calculator helps you arrive at the interest income you will earn on your Savings Account. All you will need to do is key in information like the type of account, average balance, the interest rate offered and the frequency that you prefer for crediting the interest to your account (it could be on a monthly, quarterly, half-yearly or yearly basis).
The interest is calculated based on where your daily average closing balance stands. It is credited to your account on a monthly, quarterly or yearly basis.
With a savings account interest calculator, you don’t need to go through the hassle of running a manual calculation which can be prone to human error apart from being time-consuming. Click here to use our interactive calculator.
Our digibank savings account account caters to all your banking account needs. To that end, we offer the best interest rates. Our interest rates may vary for several factors, here’s a snapshot of our current rates:
Domestic Savings Account
Account Interest Rates per annum |
|
digiSavings |
digibank e-wallet |
Balance up to Rs. 1 lakh will get 3.25% interest rates |
No interest rates applicable |
Any balances over and above Rs. 1 lakh and up to Rs. 2 lakhs will get 3.5% on the incremental amount* |
|
Any balances over and above Rs. 2 lakhs and up to Rs. 5 lakhs will get 4% on the incremental amount* |
|
Any balances over and above Rs. 5 lakhs and up to Rs. 5 Cr will get 3% on the incremental amount* |
|
Any balances over and above Rs. 5 Cr will get 3.75% on the incremental amount thereon |
|
Note:
- *Interest rate revised as above w.e.f. 12th Feb 2021.
-
*Interest rate up to 11th Feb 2021 is:
- Domestic / NRO / NRE: 3.50% p.a on balance upto Rs. 1 lakh; 4% p.a on balance above Rs. 1 lakh and upto Rs. 5 lakhs; and 3.75% on balance above Rs. 5 Lakhs.
- Interest will be paid at quarterly rests or on any other rests as the Bank may decide from time to time.
- Interest will be calculated on daily available balance or as required by the regulator or as a result of banks own decision.
- Rate of interest on digiSavings is subject to change from time to time at the discretion of the Bank and/or in accordance with directives from RBI.
