SBI, PNB, HDFC, ICICI Bank & More: Latest Savings Account Interest Rates

Many banks have revised their savings account interest rates. Check them now

State Bank Of India

This public sector bank is offering an interest rate of 2.70% per annum on savings account having balances less than Rs. 10 crores.

Punjab National Bank

PNB offers a 2.70% annual interest rate on savings accounts with account balances under Rs. 10 lakhs. The interest rate is 2.75% for account balances between Rs. 10 lakh and less than Rs. 100 crores, while it is 3% for account balances beyond Rs. 100 crores.


On savings accounts with a minimum balance of Rs. 50 lakhs or less, HDFC Bank provides a 3% annual interest rate. An interest rate of 3.50% per year is offered for account balances more than Rs. 50 lakhs.


ICICI Bank will pay 3% interest annually on savings accounts with balances under Rs. 50 lakhs and 3.50% interest annually on accounts with balances of Rs. 50 lakhs or above.

Axis Bank

On Axis Bank savings accounts with balances under Rs. 50 lakhs, a 3% annual interest rate is offered. Account balances between Rs. 50 lakhs and less than Rs. 800 crores get 3.50% interest.

Kotak Mahindra Bank

This bank is offering an interest rate of 3.50% per annum for saving account balances up to Rs. 50 lakhs and a 4% interest rate on accounts with balances above Rs. 50 lakhs.

Bandhan Bank

As of March 2023, savings bank accounts holding a daily balance of up to Rs. 1 lakh will receive 3.00% interest rate.

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