Domestic
If the balance in the Domestic savings account is 1 Crores 50 Lakhs, then the Savings Account Interest will be calculated as follows:
Savings Interest Calculation |
Rates Applied as per the below Slab |
Up to Rs 2 Lakh: 2.75% |
Up to Rs 2 lakh |
2.75% |
Rs 2 lakh - Rs 5 lakhs: 3.25% |
Above Rs 2 lakh and up to Rs.5 Lakhs |
3.25% |
Rs 5 lakhs - Rs 50 lakhs: 5.50% |
Above Rs.5 Lakhs and Upto Rs.50 Lakhs |
5.50% |
Rs 50 lakhs - Rs 1Cr: 4.00% |
Above Rs 50 lakhs and up to Rs.1Cr |
4.00% |
Remaining Rs.50 lakhs: 4.00% |
Above Rs.1 Crores |
4.00% |
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