|Savings Account Incremental Amount slab
||Rate of Interest Applicable (per annum)
|Balances less than INR 1 lakh
|Balances from INR 1 lakh to less than INR 10 Lacs
|Balances from INR 10 lakh to less than INR 50 Lacs
|Balances from INR 50 lakh to less than INR 10 Crores
- Please note that the Savings Account interest will be calculated on a daily basis & paid at monthly intervals (i.e. post the end of each month)
- Please note that the interest rates mentioned are applicable for the incremental balances that are present corresponding to the amount slab mentioned.
- For example: If the total balance is INR 100 lakh, then the following grid will be applicable:
- For incremental balances of INR 1 to INR 99,999 : 5.00%
- For incremental balances of INR 1 lakh to INR 9,99,999 : 6.10%
- For incremental balances of INR 10 lakh to INR 49,99,999 : 6.25%
- For incremental balances of INR 50 lakh to INR 100 Lacs : 6.40%
- Please note that all the above stated Savings Account interest rates are subject to change without prior notice
*For interest rates on amount greater than Rs. 10 Crores, please contact the branch / your designated Relationship Manager.