SBI Union Bank HDFC Bank Canara And ICICI Which Offer Better Interest Rates On Saving Account

Savings Account Interest Rates: At present, many banks have now started giving good interest on savings accounts as well. Banks like SBI to HDFC Bank and Canara Bank are offering more interest on savings account. There are many banks which are giving interest equal to the fixed deposits of some banks. However, there is no higher interest option for senior citizens on savings accounts as compared to fixed deposits.

Most of the banks have increased the interest on savings account since the increase in the repo rate by the Reserve Bank of India. Here we are giving information about the interest of savings account of SBI, HDFC Bank, ICICI Bank, Union Bank and Canara Bank, where you will get more interest.

SBI Savings Account

SBI, one of the leading banks of the country, is paying 2.70 per cent interest on deposits up to Rs 10 crore and 3 per cent interest on deposits above Rs 10 crore in a savings account.

HDFC Bank

HDFC Bank is paying 3 percent interest on deposits of less than Rs 50 lakh on savings account and will pay 3.50 percent interest on deposits above this amount.

ICICI Bank

3% interest will be given on deposits less than Rs 50 lakh in this bank. At the same time, 3.50 percent interest is being given on deposits of more than Rs 50 lakh.

pnb savings account

Punjab National Bank is giving 2.70 per cent interest on deposits of less than Rs 10 lakh and 2.75 per cent interest on deposits of more than Rs 10 lakh. At the same time, 3 percent interest is being given on deposits of 100 crores or more.

Canara Bank

Canara Bank is giving interest ranging from 2.90 per cent to 4 per cent on various amounts. The maximum interest of 4 percent is being given on deposits of 2000 crores or more.

union bank savings account interest

Union Bank of India is giving 2.75 per cent interest on deposits of Rs 50 lakh and 2.90 per cent interest on deposits up to Rs 50 lakh and Rs 100 crore. 3.10 percent interest is being given on deposits of more than 100 crores. Annual interest of 3.40 percent is being given on more than 500 crores. The highest interest of 3.55 percent is being given on deposits of 1000 crores.

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