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.