Many banks have changed the savings account interest rates in August. Bandhan Bank, DCB Bank, RBL and Yes Bank have changed their savings account rates. Bandhan Bank’s domestic and NRI customers’ savings account deposit interest rates will be effective from August 21, 2023. A savings account with a daily balance between Rs 10 crore and Rs 50 crore will earn 6.5 per cent interest.
DCB Bank is another bank that has increased the interest rate on its savings account for high income earners. DCB Bank has revised the interest rate for its savings account holders from August 17. The interest rate is up to 7.75 percent.
DCB Bank is another bank that has increased the interest rate on its savings account for high income earners. DCB Bank has revised the interest rate for its savings account holders from August 17. The interest rate is up to 7.75 percent.
Indus Ind Bank’s Savings Bank Account interest rates will be effective from August 5. Savings account balance earns up to 6.75 percent interest. Investments below Rs 25 lakhs also get higher investment amount.
RBL Bank Savings Deposit interest rates have been revised by the bank from 21st August 2023. If the daily balance is above Rs 25 lakh and above Rs 2 crore, the maximum interest rate will be 7.5 percent. Yes Bank has also revised its savings account rates recently. The rates were revised on August 21. After this, savings account balances between Rs 10 lakh and below Rs 5 crore will earn a maximum return of seven percent.
