Saving Interest Rates of All Banks

Banks offer a range of financial products to their customers to meet their needs. These products also include Savings Account. People park their money with Savings Account for a variety of reasons. The most attractive features offered by a Savings Account are liquidity of funds, provides ATM/Debit card, paying utility bills through standing instructions, platform for net banking, online shopping, viewing statements online and facility of mobile banking.

Earlier banks used to offer same interest rate on their savings accounts i.e. 4% per annum and you used to get the same returns with any bank. But during the year 2012, Reserve Bank of India (RBI) has de-regulated interest on savings account and banks are now free to decide on the interest rate that they want to offer on savings account which directly benefits the customers. Due to stiff competition, banks have started paying higher interest rates like 6% to 7% in order to attract more and more people to open the account with them and enhance their customer base.

Interest on Savings Account is calculated on daily basis for the closing day balance which will get accumulated and will be paid to the customers on quarterly or half yearly basis.

Below list will help you selecting the best savings account for parking your money in terms of higher interest rate and other features. It also facilitates you to calculate the interest amount on your deposit.

Saving Account Interest Rate in India

Bank Name
(saving a/c)
Interest Rate Offered
(below 1 Lakh)
Interest Rate Offered
(above 1 Lakh)
Calculate
Allahabad Bank4.00% (p.a.)4.00% (p.a.)
Andhra Bank4.00% (p.a.)4.00% (p.a.)
Axis Bank4.00% (p.a.)4.00% (p.a.)
Bandhan Bank Limited4.25% (p.a.)5.00% (p.a.)
Bank Of Baroda4.00% (p.a.)4.00% (p.a.)
Bank Of India4.00% (p.a.)4.00% (p.a.)
Bank Of Maharashtra4.00% (p.a.)4.00% (p.a.)
Bharatiya Mahila Bank Limited4.50% (p.a.)5.00% (p.a.)
Canara Bank4.00% (p.a.)4.00% (p.a.)
Catholic Syrian Bank Limited4.00% (p.a.)4.00% (p.a.)
Central Bank Of India4.00% (p.a.)4.00% (p.a.)
City Union Bank Limited4.00% (p.a.)4.00% (p.a.)
Corporation Bank4.00% (p.a.)4.00% (p.a.)
Dcb Bank Limited4.00% (p.a.)4.00% (p.a.)
Dena Bank4.00% (p.a.)4.00% (p.a.)
Dhanalakshmi Bank4.00% (p.a.)4.00% (p.a.)
Federal Bank4.00% (p.a.)4.00% (p.a.)
Hdfc Bank4.00% (p.a.)4.00% (p.a.)
Icici Bank Limited4.00% (p.a.)4.00% (p.a.)
Idbi Bank4.00% (p.a.)4.00% (p.a.)
Idfc Bank Limited4.00% (p.a.)4.00% (p.a.)
Indian Bank4.00% (p.a.)4.00% (p.a.)
Indian Overseas Bank4.00% (p.a.)4.00% (p.a.)
Indusind Bank4.00% (p.a.)5.00% (p.a.)
Jammu And Kashmir Bank Limited4.00% (p.a.)4.00% (p.a.)
Karnataka Bank Limited4.00% (p.a.)4.00% (p.a.)
Karur Vysya Bank4.00% (p.a.)4.00% (p.a.)
Kotak Mahindra Bank Limited5.00% (p.a.)6.00% (p.a.)
Laxmi Vilas Bank5.00% (p.a.)6.00% (p.a.)
Oriental Bank Of Commerce4.00% (p.a.)4.00% (p.a.)
Punjab National Bank4.00% (p.a.)4.00% (p.a.)
Rbl Bank Limited5.10% (p.a.)6.10% (p.a.)
South Indian Bank4.00% (p.a.)4.00% (p.a.)
State Bank Of Bikaner And Jaipur4.00% (p.a.)4.00% (p.a.)
State Bank Of Hyderabad4.00% (p.a.)4.00% (p.a.)
State Bank Of India4.00% (p.a.)4.00% (p.a.)
State Bank Of Mysore4.00% (p.a.)4.00% (p.a.)
State Bank Of Patiala4.00% (p.a.)4.00% (p.a.)
State Bank Of Travancore4.00% (p.a.)4.00% (p.a.)
Syndicate Bank4.00% (p.a.)4.00% (p.a.)
The Nainital Bank Limited4.00% (p.a.)4.00% (p.a.)
Uco Bank4.00% (p.a.)4.00% (p.a.)
Union Bank Of India4.00% (p.a.)4.00% (p.a.)
United Bank Of India4.00% (p.a.)4.00% (p.a.)
Vijaya Bank4.00% (p.a.)4.00% (p.a.)
Yes Bank6.00% (p.a.)6.00% (p.a.)
Disclaimer: The Saving Deposit Interest Rates keep on changing. You are advised to check the interest rates with banks before making your FD.      Source: Bank Websites

Upcoming Bank Holidays

2018 December 18 is a bank holiday in Meghalaya due to Death Anniversary Of U SoSo Tham.
2018 December 19 is a bank holiday in Goa due to Goa Liberation Day.
2018 December 24 is a bank holiday in Meghalaya due to Christmas Festival.
2018 December 25 is a bank holiday in Andaman And Nicobar Island due to Christmas.
2019 January 01 is a bank holiday in Manipur due to New Year's Day.
2019 January 01 is a bank holiday in Nagaland due to New Year Day.

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Bank Interest Rates

ALL INDIA BANKS LIST
A B BANK LIMITED ABN-AMRO Bank N.V ABU DHABI COMMERCIAL BANK AIRTEL PAYMENTS BANK LIMITED
ALLAHABAD BANK American Express Banking Corp ANDHRA BANK Antwerp Diamond Bank NV
AU SMALL FINANCE BANK LIMITED AXIS BANK B N P PARIBAS BANDHAN BANK LIMITED
BANK OF AMERICA BANK OF BAHARAIN AND KUWAIT BSC BANK OF BARODA BANK OF CEYLON
BANK OF INDIA BANK OF MAHARASHTRA BANK OF TOKYO MITSUBISHI LIMITED BARCLAYS BANK
BHARATIYA MAHILA BANK LIMITED Calyon Bank CANARA BANK CAPITAL SMALL FINANCE BANK LIMITED
CATHOLIC SYRIAN BANK LIMITED CENTRAL BANK OF INDIA CHINATRUST COMMERCIAL BANK LIMITED CITI BANK
CITY UNION BANK LIMITED CORPORATION BANK DBS Bank Ltd DCB BANK LIMITED
DENA BANK DEUSTCHE BANK DHANALAKSHMI BANK EQUITAS SMALL FINANCE BANK LIMITED
ESAF SMALL FINANCE BANK LIMITED EXPORT IMPORT BANK OF INDIA FEDERAL BANK FINCARE SMALL FINANCE BANK LTD
HDFC BANK HSBC BANK HSBC BANK OMAN SAOG ICICI BANK LIMITED
IDBI BANK IDFC BANK LIMITED INDIAN BANK INDIAN OVERSEAS BANK
INDUSIND BANK JAMMU AND KASHMIR BANK LIMITED JP MORGAN BANK JSC VTB BANK
KARNATAKA BANK LIMITED KARUR VYSYA BANK KOTAK MAHINDRA BANK LIMITED Krung Thai Bank Public Co. Ltd
LAXMI VILAS BANK MASHREQBANK PSC MIZUHO CORPORATE BANK LIMITED NORTH EAST SMALL FINANCE BANK LIMITED
OMAN INTERNATIONAL BANK SAOG ORIENTAL BANK OF COMMERCE PUNJAB AND SIND BANK PUNJAB NATIONAL BANK
RBL Bank Limited SBM BANK MAURITIUS LIMITED SHINHAN BANK SOCIETE GENERALE
SONALI BANK LTD SOUTH INDIAN BANK STANDARD CHARTERED BANK STATE BANK OF BIKANER AND JAIPUR
STATE BANK OF HYDERABAD STATE BANK OF INDIA STATE BANK OF MYSORE STATE BANK OF PATIALA
STATE BANK OF TRAVANCORE SURYODAY SMALL FINANCE BANK SYNDICATE BANK TAMILNAD MERCANTILE BANK LIMITED
THE BANK OF NOVA SCOTIA THE NAINITAL BANK LIMITED UBS AG UCO Bank
Ujjivan Small Finance Bank Limited UNION BANK OF INDIA UNITED BANK OF INDIA UNITED OVERSEAS BANK LIMITED
UTKARSH SMALL FINANCE BANK VIJAYA BANK Woori Bank YES BANK
ZILA SAHAKARI BANK LTD