Home > Finance > Want highest savings account interest rate? Try these 3 banks

Want highest savings account interest rate? Try these 3 banks

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Savings account interest rate is one important information that a bank depositor needs to become aware of. Those investors who want availability of funds at the time of financial emergency, keeping money in a bank savings account is still a good option for them. Pumping money in bank savings account is advisable for those investors also, who don’t find better investment option for meeting short-term investment goals. However, the option can become best if the money is parked in highest yielding bank savings account. These days RBL Bank, Bandhan Bank and Yes Bank is among the top 3 banks that offers highest savings account interest rate to its customers.

RBL Bank savings account interest rate

Among all Indian banks, RBL Bank is offering highest savings account interest to its customers. As per the official website of RBL Bank — rblbank.com — the private lender is offering savings account interest rate to its customers from 4.5 per cent to 6.25 per cent. On daily balance up to 1 lakh, RBL Bank savings account interest rate is 4.5 per cent, for above 1 lakh to 10 lakh interest rate offered by RBL Bank is 6 per cent while on daily balance above 10 lakh savings account interest rate offered by RBL Bank is 6.25 per cent.

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Source: RBL Bank wedsite

Bandhan Bank savings account interest rate

Bandhan Bank is offering savings account interest rate from 3 per cent to 6 per cent, depending upon the daily balance. According the official Bandhan Ba nk website — bandhanbank.com, the private lender is offering 3 per cent savings account interest rate on daily balance up to 1 lakh. The private lender is offering 4 per cent savings account interest rate on daily balance above 1 lakh to 10 lakh. On daily balance above 10 lakh, Bandhan Bank is offering 6 per cent return to the depositors.

Source: Bandhan Bank official website

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Source: Bandhan Bank official website

Yes Bank savings account interest rate

As per the claims made by yes bank on its official website — yesbank.in, the private lender is offering 4 per cent to 5.5 per cent savings account interest rate. The private lender bank is offering 4 per cent savings account interest rate on daily balance up to 1 lakh. On daily balance above 1 lakh but less than 10 lakh, the private lender is offering 4.75 per cent annual interest rate while on daily balance from 1 lakh to less than 100 crore, savings account interest rate offered is 5.5 per cent.

Source: Yes Bank website

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Source: Yes Bank website

So, it’s for the bank depositors to decide whether they want fast appreciation of their money or just remain casual in regard to their savings account returns.

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Hi guys, this is Kimmy, I started LicensetoBlog to help you with the latest updated news about the world with daily updates from all leading news sources. Beside, I love to write about several niches like health, business, finance, travel, automation, parenting and about other useful topics to keep you find the the original information on any particular topic. Hope you will find LicensetoBlog helpful in various ways. Keep blogging and help us grow as a community for internet lovers.