look news india
If you are thinking of earning huge 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 the interest rate on its savings account. After this increase in the 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 a 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 percent interest on daily balance up to Rs 1 lakh. The bank will give 5.50 percent interest on deposits between Rs 1 lakh and Rs 10 lakh, 6 percent on deposits above Rs 10 lakh and up to Rs 25 lakh, 7.50 percent on deposits above Rs 25 lakh and up to Rs 2 crore, 7 percent on deposits above Rs 2 crore and up to Rs 3 crore and 6.50 percent on deposits above Rs 3 crore and up to Rs 7.5 crore.
You will get the most interest here
At the same time, the bank is offering 6.25 percent interest on deposits between Rs 7.5 crore to Rs 50 crore, 5.25 percent on deposits between Rs 50 crore to Rs 75 crore and the highest interest rate of 7.75 percent on deposits between Rs 75 crore to Rs 125 crore. The offer of 6 percent interest on deposits between Rs 125 crore to Rs 200 crore, 4 percent on deposits above Rs 200 crore and up to Rs 400 crore and 6.75 percent interest on deposits above Rs 400 crore is still working. Let us tell you that as of March 31, 2024, the bank has a total of 545 branches in the country.