Rates

Resident Savings Bank Account Interest Rates

(with effect from October 07th, 2025)

Resident Savings Bank Account

Balance Range ()	Interest Rate (% p.a.)
On balances up to 1 Thousand in the account	1.50%
On balances above 1 Thousand to less than 5 Thousand in the account	2.25%
On balances from 5 Thousand to less than 10 Thousand in the account	3.75%
On balances from 10 Thousand to less than 25 Thousand in the account	5.75%
On balances from 25 Thousand to less than 50 Thousand in the account	7.00%
On balances from 50 Thousand to less than 10 Million	7.10%
On balances from 10 Million to less than 300 Million in the account	6.00%
On balances from 300 Million and above	5.50%

Interest will be calculated daily based on end of day clear balance in the account and will be paid quarterly.
Rates mentioned are applicable on incremental balances that are present corresponding to the amount slabs mentioned.
These interest rates are applicable to resident, NRE and NRO savings accounts, and subject to change without prior notice.
Additional interest to be charged on overdrawn amounts for Savings Bank Account and Current Accounts. The Bank will levy interest @ 2% per month (monthly basis) on overdrawn balances for the period any Savings or Current account remains overdrawn.