Banking

Which bank gives highest interest on savings account

Small Finance Banks in India typically offer the highest interest rates on savings accounts compared to traditional commercial banks. Currently, several banks provide rates ranging from 7% to 8% per annum, often depending on the account balance. Top providers include:
  • ESAF Small Finance Bank: Up to 8% (for high balance tiers)
  • Suryoday Small Finance Bank: Up to 7.50%
  • DCB Bank: Up to 8%
  • Equitas and AU Small Finance Bank: Up to 7%
  • RBL Bank and IDFC FIRST Bank: Up to 7%
Rates are subject to change and often require maintaining specific balance slabs.

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