Here you are getting up to 7% interest on savings account, see full list

You can keep some part of your surplus income in a savings account.

your surplus income (Income) some part of the savings account (Savings Account) can keep in. Such liquidity and uncertainty like a pandemic (Pandemic) or Russia and Ukraine ,Russia Ukraine, Can be done for emergency during crisis caused by war between. You will also continue to earn interest income on deposits in savings accounts. In the midst of falling interest rates, small finance banks are offering higher interest rates. Small finance banks are offering higher interest rates on savings accounts than large private banks and public sector banks. Banks are doing this to induct new retail customers.

You should choose a bank that has a long-term track record, good service standards, large branch network and ATM services across cities. Let us know those small finance banks and private banks, where the best interest rate is getting on the savings account.

AU Small Finance Bank

AU Small Finance Bank currently offers an interest rate of up to 7 percent on savings accounts. In this, the average monthly balance requirement is Rs 2,000 to Rs 5,000.

Ujjivan Small Finance Bank

At present, interest at the rate of 7 percent is being given on the savings account in Ujjivan Small Finance Bank.

Equitas Small Finance Bank

Equitas Small Finance Bank currently offers an interest rate of up to 7 per cent on savings accounts. It needs to maintain an average monthly balance of Rs 2,500 to Rs 10,000.

DCB Bank

Savings accounts in DCB Bank are currently getting interest at the rate of up to 6.75 percent. Among the private banks, this bank is offering the best interest rate. In this, a minimum balance of Rs 2,500 to Rs 5,000 is required.

RBL Bank

Currently, interest rate of up to 6.25 percent is available on savings account in RBL Bank. It requires maintaining an average balance of at least Rs 2,500 to Rs 5,000.

All BSE listed small finance banks and private banks have been looked into to prepare this list. Banks on whose website the data is not available are not included in this. The minimum balance requirement has been taken for the Regular Savings Account and does not include Basic Savings Bank Deposit (BSBD).

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