Highest Interest Rates on Savings Deposit 04 2019

Savings Account Highlights

  1. One of the the safest or smartest way to manage your savings.
  2. It provides liquidity of funds.
  3. Savings bank account is the most basic product of all the banks in India.
  4. It is usually a non zero-balance account means the account holder needs to maintain a minimum account balance of a certain amount.
  5. A penalty is levied upon the account holder for not maintaining the minimum balance as required by the bank.
  6. Generally opened by salaried individuals.
  7. It has daily withdrawal limits unlike current account where there is no such limit on withdrawal.
  8. Usually, it has low interest rate, it offers an interest rate which is little higher than the rate of inflation.
  9. It facilitates small savings with flexible amounts and tenures.
  10. It also offers the facility to the account holder to pay bills, make online fund transfer, make quick transactions, etc.

Highest Saving Interest Rate on Bank Deposits 04 2019

The highest interest rate on saving account offered by RBL Bank at 5.50% (upto 1 lakh) similarly, highest interest rate on saving account offered by DCB Bank at 6.25% (Above Rs 1 Crore to Rs 5 Crores).

Bank Name
(saving a/c)
Interest Rate Offered
(below 1 Lakh)
Interest Rate Offered
(above 1 Lakh)
Rbl Bank 6% (p.a.)6% (p.a.)
Kotak Mahindra Bank 5% (p.a.)6% (p.a.)
Yes Bank5% (p.a.)6% (p.a.)
Allahabad Bank4% (p.a.)4% (p.a.)
Andhra Bank4% (p.a.)4% (p.a.)
Bank Of Baroda4% (p.a.)4% (p.a.)
Bank Of India4% (p.a.)4% (p.a.)
Bank Of Maharashtra4% (p.a.)4% (p.a.)
Canara Bank4% (p.a.)4% (p.a.)
Central Bank Of India4% (p.a.)4% (p.a.)
Corporation Bank4% (p.a.)4% (p.a.)
Dena Bank4% (p.a.)4% (p.a.)
Idbi Bank4% (p.a.)4% (p.a.)
Indian Bank4% (p.a.)4% (p.a.)
Indian Overseas Bank4% (p.a.)4% (p.a.)
Oriental Bank Of Commerce4% (p.a.)4% (p.a.)
Punjab National Bank4% (p.a.)4% (p.a.)
Punjab And Sind Bank4% (p.a.)4% (p.a.)
State Bank Of India4% (p.a.)4% (p.a.)
State Bank Of Mysore4% (p.a.)4% (p.a.)
State Bank Of Hyderabad4% (p.a.)4% (p.a.)
State Bank Of Patiala4% (p.a.)4% (p.a.)
State Bank Of Travancore4% (p.a.)4% (p.a.)
State Bank Of Bikaner And Jaipur4% (p.a.)4% (p.a.)
Syndicate Bank4% (p.a.)4% (p.a.)
Uco Bank4% (p.a.)4% (p.a.)
Union Bank Of India4% (p.a.)4% (p.a.)
United Bank Of India4% (p.a.)4% (p.a.)
Vijaya Bank4% (p.a.)4% (p.a.)
Axis Bank4% (p.a.)4% (p.a.)
Bandhan Bank 4% (p.a.)6% (p.a.)
Catholic Syrian Bank 4% (p.a.)4% (p.a.)
City Union Bank 4% (p.a.)4% (p.a.)
Dcb Bank 4% (p.a.)6% (p.a.)
Dhanalakshmi Bank4% (p.a.)4% (p.a.)
Federal Bank4% (p.a.)4% (p.a.)
Hdfc Bank4% (p.a.)4% (p.a.)
Icici Bank 4% (p.a.)4% (p.a.)
Indusind Bank4% (p.a.)5% (p.a.)
Jammu And Kashmir Bank 4% (p.a.)4% (p.a.)
Karur Vysya Bank4% (p.a.)4% (p.a.)
Laxmi Vilas Bank4% (p.a.)5% (p.a.)
South Indian Bank4% (p.a.)4% (p.a.)
Tamilnad Mercantile Bank 4% (p.a.)4% (p.a.)
Karnataka Bank 3% (p.a.)4% (p.a.)

Upcoming Bank Holidays

2019 April 19 is a bank holiday in Andaman And Nicobar Island due to Good Friday.
2019 April 21 is a bank holiday in Tripura due to Garia Puja.
2019 April 27 is a bank holiday in Andaman And Nicobar Island due to 4th Saturday Bank Holiday.
2019 May 01 is a bank holiday in Andhra Pradesh due to May Day / Labour Day.
2019 May 01 is a bank holiday in Maharashtra due to Maharashtra Din.
2019 May 07 is a bank holiday in West Bengal due to Rabindranath Tagore Jayanti.

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