Sale of Stressed Assets

Savings Account Interest Rates

 

Interest is calculated on a daily basis on the daily closing balance in the Account. Current savings account interest rate applicable is as follows.

 

Balance in Rs. Interest Rate (p.a.)
Up to 1 Lakh 6.00%
> 1 Lakh up to 250 crore 7.00%

> 250 Crore

8.50%

 

 

Effective December 25, 2018 for Domestic Savings Account Rates and December 25, 2018 for NRE & NRO Saving Account Rates

Click here for the updated interest rate PDF

 

 

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