Everyone knows that your salary, investment, loan, and EMI are operated through the savings accounts. In all these things, we forget that in which account we are going to get more interest. Due to which the nominal interest rate is obtained from the funds lying in our savings bank accounts. Some banks, especially small or new, pay a higher interest rate on your remaining amount. This is done to increase new business in banks. Large banks, whether government or private sector, give very low-interest rates to depositors.
IndusInd Bank customers get an interest of 4% to 6% percent on opening a savings account. For which the monthly balance should be between 1500 to 2500 rupees. AU Small Finance Bank pays interest from 4 percent to 7 percent. It requires a balance of Rs 2000 to Rs 5000. DCB Bank gives interest ranging from 3.25% to 5.5%, it is necessary to keep 5000 rupees in the account. YES Bank gives an interest of 4 to 6 percent on the savings account. A balance of ten thousand rupees is necessary for this. Ujjivan Small Finance Bank pays interest of 4 to 6.5 percent. There is no hassle of maintaining a balance in this. Bandhan Bank gives a return of 7.15 percent from 4, it is necessary to keep a balance of Rs 5000 in the account.
Lakshmi Vilas Bank pays interest of 3.25 to 6 percent on savings accounts. To take advantage of this, it is necessary to keep Rs 500 in the account. RBL Bank gives interest ranging from 5 percent to 6.75 percent. It is necessary to keep a balance of 2500 to 5000 rupees. Talking about IDFC First Bank, it gives interest ranging from 6 percent to 7 percent. It is necessary to keep a balance of 10000 rupees in the account.