Highest interest-paying bank

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Highest interest-paying bank

India has a variety of private and public sector banks. Each bank has a different interest rate range for savings accounts. However, they all typically range between 2.70% to 6.25% p.a. To 6.25% p.a.

Savings Accounts. All beginner investors have chosen to invest in stocks. A savings account is best for individuals who have a steady income from a salary or other sources. This account offers many benefits that can help you start saving and build your investment portfolio.

 

 

 

banks in India offer various Savings Accounts that can be tailored to meet the diverse needs of customers. Here are some of the most important banks:

 

Banks Interest Rates on Savings Bank Accounts

 

  1. Kotak Mahindra Bank Savings Account Interest Rate

Kotak Mahindra has Savings Accounts to suit a wide range of customers. Domestic Savings Account holders will receive an interest rate of 4.00% per annum. This interest rate applies to Domestic Savings Account holders. Non-resident Savings Account owners will pay a 3.50% annual interest rate.

  1. State Bank of India (SBI) Savings Account Interest Rate

SBI offers various Savings Accounts, including Basic Savings Accounts, Savings Plus Accounts, Yuva Savings Bank Accounts, and others geared towards different customer levels. SBI Savings Accounts have an annual interest rate of 2.7%

  1. ICICI Bank Savings Account Interest rate

ICICI Bank, one of India’s leading banks, offers a variety of Savings Accounts. These include the Silver Savings Account (Advantage Woman Savings Account), Freedom Savings Accounts, Freedom Savings Accounts, Basic Savings Bank Accounts, and many more. All ICICI Savings Accounts have a uniform interest rate between 3.00% to 3.50% p.a. Fixed at 4.00%

  1. Yes Bank Savings Account Interest Rate

Yes, the bank has one of the best interest rates for Savings Accounts. The bank has revised its interest rates and will now offer a rate of 4.00% per annum. All Savings Accounts that have a balance of Rs.1 lakh. The interest rates range from 4.00% to 5.25% p.a. The interest rates range from 4.00% p.a. to 5.25%

 

  1. Citibank Savings Account Interest Rate

Citibank is one of the largest international banks in India. It offers various Savings Accounts, including the Citibank Savings Account (Suvidha Salary Account), Citibank Savings Account for expatriates, and the Citibank Savings Account. These savings accounts earn 2.5% interest, earned on daily balances maintained and credited half-yearly.

 

  1. Axis Bank Savings Account Interest Rate

Axis Bank is one of the most prestigious Indian banks. It offers a variety of Savings Accounts that have been designed to address specific customer needs. Axis Bank offers interest rates starting at 3.00% p.a. onwards and 3.50% per annum after that All Savings Accounts.

 

  1. IndusInd Bank Savings Account Interest Rate

IndusInd Bank has a range of Savings Accounts to suit different financial needs. Savings accounts with a daily balance above Rs 1 lakh but below Rs 10 crores are eligible for a 4% interest rate. Savings accounts with a daily account balance greater than Rs 1 lakh can earn 5%. Finally, savings accounts with a daily limit of Rs 10 lakh or more will receive a 6% interest rate.

 

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