List of Banks Revised Savings Account Interest Rates In August

For those who are looking to open a savings bank account with higher interest rates, here we have curated a list of commercial banks that have revised savings account interest rates in the month of August.

Bandhan Bank

The Domestic / Non-Resident Rupee savings deposit interest rates of Bandhan Bank are effective as of August 21, 2023. On a savings account with a daily balance above Rs 10 crore to Rs 50 crore, the bank is offering a maximum interest rate of 6.50%.

DCB Bank

On 17th August, DCB Bank made a revision to its savings account interest rates. Customers would now receive a maximum return of 7.75% on account balances between 10 crore and less than 200 crore as a result of the modification.

Federal Bank

Federal Bank revised its interest rates on savings bank deposits on 16th August. Federal Bank savings account interest rates are linked to the repo rate which customers should be aware of.

IndusInd Bank

The savings bank account interest rates of IndusInd Bank are effective as of 5th August. The bank will provide a maximum return of 6.75% on your savings account for daily balances of more than Rs. 25 lakhs but less than Rs. 5 crore.

RBL Bank

Savings deposit interest rates were modified by the bank as of August 21, 2023. On a daily balance of above INR 25 lakh and upto INR 2 Crore, the bank is now promising a maximum interest rate of 7.50%.

Yes Bank

Yes Bank revised its savings account interest rates on 21st August. Following the adjustment, customers can now get a maximum return of 7% on their daily balance on savings accounts of Rs 10 lacs to less than Rs 5 Cr.