These banks offer more than 7% interest rate on savings accounts
Savings account interest rates differ depending on the balances in the account. Some banks pay interest on an incremental basis on their savings account. Here are banks offering savings account interest rates between 7%-8% depending on the account balance.DCB Bank savings account interest rate DCB Bank offers interest up to 8 percent on savings accounts on balances from 10 crore to less than 2 crores. The bank offers 7.25% interest on savings account balance from 50 lakh to less than 2 Crore in the account and 7% on balances from 5 crore to less than 10 crores in the account.
Balance Range (INR)Rate of Interest p.a. W.E.F May 08, 2023On balances up to 1 lakh in the account2.00%On balances above 1 lakh to less than 2 lakh in the account3.75%On balances from 2 lakh to less than 5 lakh in the account5.25%On balances from 5 lakh to less than 10 lakh in the account6.25%On balances from 10 lakh to less than 50 lakh in the account7.00%On balances from 50 lakh to less than 2 Crore in the account7.25%On balances from 2 cr to less than 5 crore in the account5.50%On balances from 5 crore to less than 10 Crore in the account7.00%On balances from 10 crore to less than 50 Crore in the account8.00%On balances from 50 crore to less than 200 Crore in the account8.00%On balances from 200 crore and above5.00%IDFC FIRST Bank savings account interest rate IDFC FIRST Bank offers interest rate up to 7% on balances more than Rs 10lac to less than Rs 5 crore. The new rates are effective from July 1, 2023.Suryoday Small Finance Bank savings account interest rate Suryoday Small Finance Bank offers the highest interest rate of 7.00% on savings account balances over of Rs 5 Lakh to Rs 2 crore and 6.75% on balances above Rs 1 lakh up to & including
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