Saving Account : There are a large number of such people in India. Those who keep money in savings account to meet their daily needs and as an emergency fund. You get a lower rate of interest in a savings account as compared to a fixed deposit. But today we are giving information about some banks which are giving you the same rate of interest as FD. This bank is giving you 7 percent to 7.5 percent interest on savings account. These banks have revised the interest rates of their savings accounts in November 2022, so let’s know.
Ujjivan Small Finance Bank
Which is Ujjivan Small Finance Bank. It is offering an interest rate of 7.5 percent to its customers on deposits of Rs 25 crore and above. These banks are offering different rates for different amounts like 3.5 percent to 7 percent. The interest rates of Ujjivan Small Finance Bank are effective from 1 November 2022. According to the bank’s website, the interest that is calculated is done according to the amount kept at the end of the bank day. Its payment is done on a quarterly basis. The payment will be made on the basis of the rate of interest. Payment will be made on the basis of the remaining amount according to the slab. In Ujjivan Small Finance Bank, up to Rs 1 lakh, 3.5 percent per annum is available and in the amount ranging from Rs 1 to 5 lakh, 6 percent interest is available and in the amount ranging from Rs 5 lakh to 25 crore, 7 percent interest is being received and 7.5 percent per annum interest is being received in the amount of more than 25 crores.
Equitas Small Finance Bank
The bank is offering different interest rates to its customers for different amounts. The bank is offering interest rates ranging from 3.5 percent to 7 percent. These interest rates of Equitas Small Finance Bank are effective from 9 November. The bank is offering 3.5 per cent interest rate for daily closing balance of Rs 1 lakh. Daily closing balance is offering 5.5 per cent interest rate for Rs 1 to 5 lakh. Daily closing balance offering 7% interest rate for balance Rs.5 Lakh to Rs.5 Crore and 5.5 percent for Rs.5 to 10 Crore and 5 percent for Rs.10 to 30 Crore and 7 percent for amount above Rs.30 Crore Doing
Unity Small Finance Bank
Unity Small Finance Bank is offering different interest rates to its customers for different amounts. The bank is offering interest rates ranging from 6 percent to 7 percent to its customers. The bank is offering 6 percent interest rate to customers for deposits up to Rs. 1 lakh and 7 percent per annum interest rate on deposits of 1 to 5 lakhs, 5 to 50 lakhs and 50 lakhs to 10 crores and above 10 crores.