A savings account is a bank account which is used by normal people just like you and me to save our income after deducting all the expenses from our income. It is used by all the Indians in India. Below is the list of savings account interest rates in India for top banks.
Savings Account Interest Rate 2023 (Government Banks)
Bank Name | Interest Rate | Updated On |
State Bank of India | 2.70% to 3.00% | 15-Oct-22 |
Bank of Baroda | 2.75% to 3.35% | 14-Nov-22 |
Bank of India | 2.75% to 2.90% | 01-May-22 |
Bank of Maharashtra | 2.75% | 08-Jun-20 |
Canara Bank | 2.90% to 4.00% | 21-Dec-22 |
Central Bank of India | 2.90% to 3.00% | 15-Nov-22 |
Indian Bank | 2.75% to 2.90% | 01-Apr-22 |
Indian Overseas Bank | 2.75% to 2.90% | 09-Dec-22 |
Punjab & Sind Bank | 2.80% to 5.00% | NA |
Punjab National Bank | 2.70% to 3.00% | 01-Jan-23 |
UCO Bank | 2.60% to 2.75% | 10-Apr-22 |
Union Bank of India | 2.75% to 3.55% | 16-Jun-22 |
Savings Account Interest Rate 2023 (Private Banks)
Bank Name | Interest Rate | Updated On |
Axis Bank Ltd. | 3.00% to 3.50% | 01-06-2022 |
Bandhan Bank Ltd. | 3.00% to 6.50% | 30-09-2022 |
City Union Bank Ltd. | 3.00% to 5.00% | 01-11-2022 |
Federal Bank Ltd. | 3.05% to 6.00% | 09-02-2023 |
HDFC Bank Ltd | 3.00% to 3.50% | 06-04-2022 |
ICICI Bank Ltd. | 3.00% to 3.50% | 04-06-2022 |
IDBI Bank Ltd. | 3.00% to 3.50% | 01-08-2022 |
IDFC First Bank Ltd. | 3.50% to 6.25% | 10-10-2022 |
Induslnd Bank Ltd | 4.00% to 6.00% | 18-10-2022 |
Kotak Mahindra Bank Ltd | 3.50% to 4.00% | 13-06-2022 |
RBL Bank Ltd. | 4.25% to 6.50% | 25-01-2023 |
South Indian Bank Ltd. | 2.50% to 6.00% | 20-11-2022 |
YES Bank Ltd. | 4.00% to 6.00% | NA |
CSB Bank Ltd. | 2.10% to 7.52% | 02-02-2023 |
DCB Bank Ltd. | 2.25% to 7.00% | 22-08-2022 |
Dhanlaxmi Bank Ltd. | 3.00% to 4.00% | 01-06-2022 |
Tamilnad Mercantile Bank Ltd. | 3.00% to 3.25% | 16-01-2021 |
Nainital Bank Ltd. | 2.85% | 10-09-2021 |
Jammu & Kashmir Bank Ltd. | 2.90% | 11-07-2020 |
Karnataka Bank Ltd. | 2.75% to 4.50% | 01-06-2020 |
Karur Vysya Bank Ltd. | 2.25% to 5.25% | 28-01-2023 |
