After the revision, the bank will offer interest rates between 4 per cent to 6.50 per cent on savings accounts. According to the ESAF website, “at interest” savings Bank Accounts will be calculated on day-end balance and credited to accounts on monthly basis.
savings account interest rate
The bank will now offer an interest rate of 4 per cent to savings account holders on accounts with balances up to and including Rs. 5 lakhs. Savings accounts of more than Rs. 5 lakh and up to Rs. 15 lakh balance will get interest at the rate of 5.50 percent. For savings accounts with a balance of more than Rs. 15 lakhs, the bank will now offer a maximum interest rate of 6.50 per cent.
ESAF Fixed Deposit Interest Rate
ESAF Small Finance Bank Currently offering interest rates on fixed deposits maturing in 7 days to 10 years which range from 4.00 per cent to 5.25 per cent for the general public.