These banks are giving highest interest on savings accounts

Savings Accounts: Many public and private sector banks in India provide services of many types of savings accounts which are designed according to different needs. Interest rates on savings accounts generally range from 2.60 percent to 8 percent per annum and depend on the balance maintained in the account.

If you are also going to open a savings account, then before that definitely know which banks give how much interest on savings account. Before opening an account, be sure to understand the interest rate offered on savings accounts and the specific account features. Here, information is given about the interest rates offered by many banks and their savings options.

Latest interest rates on savings accounts of top banks of the country

Many banks offer low interest rates. Here is the list of those banks which Savings up to Rs 1 lakh But give the most interest-

list of banks	interest rate
Jana Small Finance Bank Limited	3.50 percent per annum
RBL Bank Limited	4.25 percent per annum
This bank	3.00 percent per annum
North East Small Finance Bank Limited	4.00 percent per annum
Utkarsh Small Finance Bank Limited	4.00 percent per annum
Suryoday Small Finance Bank Limited	3.00 percent per annum
Fincare Small Finance Bank Limited	3.51 percent annually
IndusInd Bank	3.50 percent per annum
EAAF Small Finance Bank Limited	3.50 percent per annum
IDFC First Bank Limited	3.00 percent per annum

Interest rate on deposits between Rs 1 lakh and Rs 5 lakh in savings account

Many banks offer competitive interest rates on deposits ranging from Rs 1 lakh to Rs 5 lakh. Please note that deposits up to Rs 5 lakh in any bank are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC). In case of bank default, the account holder is given protection up to this limit. Below are given some banks which are within this limit i.e. Saving account of Rs 5 lakh But give the highest interest.

bank	interest rate
Bandhan Bank	6.00 percent per annum
Equitas Small Finance Bank	5.00 percent per annum
Ujjwal Small Finance Bank	5.00 percent per annum
DBS Bank	7.00% per annum (on balance above Rs 4 to 5 lakh)
Jana Small Finance Bank	5.00% per annum (on balance above Rs 1 lakh and up to Rs 5 lakh)
Utkarsh Small Finance Bank	6.25 percent per annum
Suryoday Small Finance Bank	5.00 percent per annum
Fincare Small Finance Bank	7.11 per cent per annum (on balance above Rs 2 lakh and up to Rs 5 lakh)
This bank	4.00 percent per annum
RBL Bank	5.50 per cent per annum (on balance above Rs 1 lakh and up to Rs 10 lakh)