Banks with Highest Interest Rates

Catering to a varied customer base, Kotak Mahindra offers Savings Accounts at an interest rate of  3.50% p.a. to 4.00% p.a is applicable for domestic as well as non-resident Savings Account holders.

SBI offers multiple types of Savings Accounts like Basic, Savings, Yuva, and other savings accounts. SBI Savings Accounts carry an interest rate of 2.70% p.a.

HDFC offers plenty of feature-rich options. Each account comes with unique features and privileges which makeS money management much easier. HDFC offers an interest rate ranging from 3.00% p.a. to 3.50% p.a 

RBL is one of the nation's emerging commercial banks offering competitive interest rates to savings account holders which are credited on a half-yearly basis. Currently, the highest interest offered is 6.00% p.a. for daily balances of more than Rs.3 crore and up to Rs.5 crore.

As one of the most prominent international banks operating in India, Citibank offers different types of Savings Accounts like the Citibank Savings Account, Citibank Suvidha Salary Account, Citibank Savings Account for Expatriates and more. The interest rate offered by the bank on these savings accounts is set at 2.50% p.a.

One of the premier banking institutions of India, Axis Bank offers a varied choice of Saving Accounts. Axis Bank offers an interest rate of from 3.00% p.a. onwards and 3.50% p.a on all its Savings Accounts.

IndusInd Bank offers an interest rate of 3.50% p.a. on savings accounts maintaining a daily balance of up to Rs.10 lakh; 4.50% p.a. is applicable for savings accounts which maintain a daily balance exceeding Rs.10 lakh.

Yes Bank offers one of the most attractive interest rates when it comes to Savings Accounts. Having revised their interest rates, the bank will now offer an interest rate of 4.00% p.a. for all Savings Accounts with a balance of up to Rs.1 lakh. The interest rates are between 4.00% p.a. to 5.25% p.a.