Experience higher interest rates

At a Glance

Accessible the way you want, our savings account combines convenience with attractive interest rates.

Easy access to your savings

Online, on your mobile device or via ATM

Attractive rates

From 2.75% to 5.5% depending on your balance

Options for overseas savers

NRE and NRO accounts available

Features & Benefits

Domestic / NRO / NRE Savings Account

Savings Account Interest Rate (Domestic)
Balance in Savings Account Interest Rate Per Annum
Up to Rs.2L 2.75%
Above Rs.2L and up to Rs.5L 3.25%
Above Rs.5L and up to Rs.50L 5.50%
Above Rs.50L 4.00%

  1. *Interest rate revised as above w.e.f. 9 th May 2025.
  2. Interest will be paid at quarterly rests or on any other rests as the Bank may decide from time to time.
  3. Interest will be calculated on daily available balance or as required by the regulator or as a result of banks own decision.
  4. Rate of interest is subject to change from time to time at the discretion of the Bank and/or in accordance with directives from RBI
Savings Account Interest Rate (NRE/NRO)
Balance in Savings Account Interest Rate Per Annum
Up to Rs.2L 2.75%
Above Rs.2L 3.00%

Note:

  • *Interest rate revised as above w.e.f. 9th May 2025.
  • Interest will be paid at quarterly rests or on any other rests as the Bank may decide from time to time.
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  • Rate of interest on Savings is subject to change from time to time at the discretion of the Bank and/or in accordance with directives from RBI.
  • For senior citizens, above rates would apply.
  • For Basic Savings Bank Deposit Account, above domestic rates would apply.

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%