Bandhan Bank Savings Account Interest Rates
have increased their savings account interest rates. According to the Bandhan Bank website, the new interest rates will be effective from August 22, 2022.
Rate of interest Bandhan Bank has increased by 100 basis points, or 1 per cent, from the previous rate of 5 per cent for balances above Rs 1 lakh and up to Rs 10 lakh. The interest rate for the other balance is still the same. According to Bandhan Bank’s website, “Interest will be charged at 3.00% p.a. on amounts up to Rs 1 lakh, 6% p.a. on incremental balance above Rs 1 lakh up to Rs 10 lakh, 6.25% p.a. Interest will be levied at the rate applicable on incremental balance above Rs.10 lakh and above Rs.2 crore and 6% p.a. on incremental balance above Rs.2 crore applicable up to Rs.100 crore.
Federal Bank Savings Account Interest Rates
has announced an increase in savings account interest rates with effect from August 17, 2022.
According to the website, customers with savings accounts of less than Rs 5 crore will now get 2.40% interest.
Ujjivan Savings Account Interest Rate
has increased the interest rates on its savings account. According to the bank’s official website, the revised rates will be effective from August 9.
The bank is currently offering an interest rate of 3.50% on savings account balances up to Rs 1 lakh and 6.00% on savings account balances above Rs 1 lakh up to Rs 5 lakh. Ujjivan Small Finance Bank will now offer a maximum interest rate of 7% on savings account above Rs 5 lakh to Rs 5 crore and 6.75% for savings bank deposits above Rs 5 crore.
IndusInd Bank Savings Account Interest Rate
Private sector lender IndusInd Bank has revised interest rates on its savings accounts. According to the bank’s official website, the new rates will be effective from August 10, 2022.
Indian Overseas Bank Savings Account Interest Rates
The interest rates on your savings accounts have been revised. According to the bank’s official website, the new rates will be effective from August 10, 2022.
The bank is now paying 2.75% interest on savings account balance up to Rs. 25 lakh, and is now paying 2.75% interest on savings account balance above Rs. 25 lakh and Rs. 1 crore. Indian Overseas Bank will now pay 2.90% interest on savings bank deposits above Rs. 1 crore.
DCB Savings Account Interest Rate
DCB has revised interest rates on savings accounts. The official website of the bank states that the revised interest rates are effective from August 22, 2022. Post revision, savings bank account holders can earn up to 7% interest rate on savings account deposits.
