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Which banks offer more than 4% annual interest on savings account?


Date: 01 Jan 2015    Group: General Questions    Category: Other Questions   

I just wanted to know the banks which offer more than 4% annual interest on normal savings account in India. Please provide me a list of banks that offers best interest rates.

Are you looking for banks that offer best interest rates for your investment? Here you can find more information and list of banks offering good interest rates


Author: Timmappa Kamat    01 Jan 2015      Member Level: Platinum     Points : 4  (Rs 4)    Voting Score: 0

Following are the banks offering higher rate of interest than 4%

For minimum balance above Rs 1,00,000

1. Yes bank - 7%
2. Ratnakar bank - 6.10%
3. IndusInd bank - 6%
4. Kotak Mahindra bank - 6%
For minimum balance less than Rs 1,00,000

1. Yes Bank - 6%
2. IndusInd bank - 5.5%
3. Ratnakar bank - 5.5%
4. Kotak mahindra bank _ 5.5%

Check with the corresponding bank for the minimum balance criteria.





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