Questions

Which bank is good for opening savings account?

Which bank is good for opening savings account?

Compare & Apply for Best Savings Account Online

Savings Account Interest Rate
Standard Chartered Bank Prime Savings Account Up to 3.25\% p.a.
IDFC first Bank Savings Account Up to 5.00\% p.a.
ICICI Bank Regular Savings Account Up to 3.50\% p.a.
IndusInd Bank Savings Account Up to 5\% p.a.

Which savings account is best in India?

Top Banks that have the Best Savings Account for Individuals

  • State Bank of India (SBI) Savings Account.
  • HDFC Bank Savings Account.
  • Kotak Mahindra Bank Savings Account.
  • DBS Bank Savings Account.
  • RBL Bank Savings Account.
  • IndusInd Bank Savings Account.

Which is the best bank to open an account in India?

State Bank of India. State Bank of India is the largest government bank in India established in 1955.

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  • ICICI Bank. ICICI founded in the year 1994 has risen up as a Young Star bank because it’s awesome plans for children.
  • Canara Bank.
  • Bank of Baroda.
  • Punjab National Bank.
  • HDFC.
  • Union Bank of India.
  • IDBI Bank.
  • AXIS Bank.
  • Bank of India.
  • What is the best savings account interest rate?

    See, a good savings bank account interest rate is usually anywhere close to 5-6\% if you can manage to obtain the same. On an average it is 4\% for most financial institutions, particularly in the public sector. However, anything between 5-6\% is considered really good.

    What is the savings account interest rate in India?

    Best savings interest rates in India. 1) IndusInd Bank savings account. The bank offers a differential interest rate depending on the account holders balance in the saving acccount. It offers a minimum 4\% interest rate, for a minimum balance of Rs 10,000 upto 10 Lakhs.

    What is the average savings account rate?

    Average Interest Rate for Savings Accounts. According to the FDIC,the national average interest rate on savings accounts currently stands at 0.04\% APY.

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  • Average Interest Rate for Linked Checking-Savings Accounts.
  • Bottom Line.
  • Tips on Finding the Right Bank.