How much bank give interest on saving account

In India, interest rates on savings accounts generally range from 2.50% to 7.00% per annum, depending on the bank and the account balance. While major public and private sector banks often offer rates between 2.50% and 3.50%, many small finance banks and certain private lenders provide higher rates for larger deposits. Key features include:

• Interest is calculated on a daily basis and typically credited to the account quarterly.
• Senior citizens may receive additional interest benefits at some institutions.
• Rates are subject to change based on RBI guidelines and bank policies.