Large private sector lender RBL Bank has increased its savings account interest rates. After this increase, customers will get interest ranging from 4.25 percent to 7.75 percent.
If you are thinking of earning bumper profits by investing your savings in a savings account, then there is good news for you. Actually, the big private sector lender RBL Bank has increased its savings account interest rate. After this increase in interest rate, customers will get interest ranging from 4.25 percent to 7.75 percent on savings accounts. These interest rates will be applicable for account holders with daily balance of Rs 1 lakh. According to the information received from the official website of the bank, the increased new interest rates are applicable from May 24.
Here you will get maximum interest up to 7.50%
After this increase in interest rates, customers will get 4.25% interest on daily balance up to Rs 1 lakh. Whereas banks offer 5.50% on deposits between Rs 1 lakh and Rs 10 lakh, 6% on deposits above Rs 10 lakh and up to Rs 25 lakh, 7.50% on deposits above Rs 25 lakh and up to Rs 2 crore. , will give 7% interest on deposits above Rs 2 crore and up to Rs 3 crore and 6.50% interest on deposits above Rs 3 crore and up to Rs 7.5 crore.
You will get highest interest here
On the other hand, banks offer 6.25% on deposits between Rs 7.5 crore and Rs 50 crore, 5.25% on deposits between Rs 50 crore and Rs 75 crore, and the highest rate on deposits between Rs 75 crore and Rs 125 crore. Interest offer of 7.75%, 6% on deposits between Rs 125 crore to Rs 200 crore, 4% on deposits above Rs 200 crore and up to Rs 400 crore and 6.75% on deposits above Rs 400 crore. Still working. Let us tell you that till March 31, 2024, the bank has a total of 545 branches in the country.