Top Banks In India Offering Highest Interest Rate On Savings Account

1. DCB Bank:

This is a new age bank and hence to boost its market share it is offering a high return on savings account of up to 6.75%. The said interest rate is though offered on high deposit amount of between Rs. 10 lakh to less than Rs. 50 lakh. Rates mentioned are applicable for the incremental balances that are present corresponding to the amount slabs mentioned.

2. RBL Bank:

This private bank offers a maximum rate of return of 6% per annum. The rates as depicted on the bank website are applicable from April 1, 2022.

3. Bandhan Bank:

Kolkata based banking entity is another new age bank that has fast made its presence recognised. The bank for daily balance between Rs. 10 lakh to Rs. 2 crore is offering a return of 6% per annum.

4. IDFC First Bank:

IDFC First Bank is an Indian Private Sector Bank that forms part of IDFC, an integrated infrastructure finance company. The bank started operations on 1 October 2015, Now the bank is also offering a high return of 6%. The new rates are applicable from June 1, 2022.

5. Yes Bank

This bank also has in recent times increased its savings account interest rate higher. The bank currently is offering an interest rate between 4-5% depending on the daily balance.