high intrest rate Best Saving AC

[amankamboj4436]

wich best bank investment 6 Lakh high interest Rate in saving AC not a FD?

 

[anuragmukherjee28]

most of them pay similar rates of 3%-4% in savings account , but you can try the small finance banks , they will provide you with the best interest rates for saving account and upto 5 lakhs rupees is insured by RBI , so even if the bank shut down you will get your money back ,upto 5 lakhs ( if that's your concern )

 

[Pahulpreet Kaur]

Go for unity small finance bank it is giving 7% p.a. in savings account and 8.75% on FD but yea definitely dont keep more than 5 lakhs. If you want to keep more than that then make different accounts on your family members names

 

[udit.adhikari]

ujjivan mall finance bank is giving highset

 

[Pahulpreet Kaur]

it is giving 7.5% p.a. on whatever is above 5 lacs right? but since it's a small finance bank it becomes risky to keep funds above 5 lacs in it. Below is interest chart for savings account in unity bank.

 

[Tax with Ria]

wich best bank investment 6 Lakh high interest Rate in saving AC not a FD?

DCB Bank: This bank provides interest rates of up to eight per cent on savings accounts, making it the top choice among private banks in terms of interest rates. The minimum balance requirement ranges from ₹2,500 to ₹5,000.

 

[Tax with Ria]

wich best bank investment 6 Lakh high interest Rate in saving AC not a FD?

DCB Bank: This bank provides interest rates of up to eight per cent on savings accounts, making it the top choice among private banks in terms of interest rates. The minimum balance requirement ranges from ₹2,500 to ₹5,000.

 

[financial12345]

it is giving 7.5% p.a. on whatever is above 5 lacs right? but since it's a small finance bank it becomes risky to keep funds above 5 lacs in it. Below is interest chart for savings account in unity bank.View attachment 215

Is there any zero balance account in it or not?

 

[financial12345]

DCB Bank: This bank provides interest rates of up to eight per cent on savings accounts, making it the top choice among private banks in terms of interest rates. The minimum balance requirement ranges from ₹2,500 to ₹5,000.

Can we open online saving bank account in Development Credit Bank?

 

[Pahulpreet Kaur]

Is there any zero balance account in it or not?

They were offering it before 31st december not sure if they are still offering it

 

[anuragmukherjee28]

DCB Bank: This bank provides interest rates of up to eight per cent on savings accounts, making it the top choice among private banks in terms of interest rates. The minimum balance requirement ranges from ₹2,500 to ₹5,000.

Is it for fixed deposit or for current savings account where we can withdraw money also ?

 

[financial12345]

They were offering it before 31st december not sure if they are still offering it

I think not online before 31 also isn't

 

[dheerpoojari]

We all need to remember that the advertised interest rate might look attractive but the savings interest rates are slabbed. So if you are keeping 10 lakhs, you arent getting 7-8% on the whole 10 lakhs. Its 3-3.5% for the first 1 lakh, then for the next 5 lakhs it will be 5-6%, and then the next 4 lakhs will get 7-8%

 

[financial12345]

We all need to remember that the advertised interest rate might look attractive but the savings interest rates are slabbed. So if you are keeping 10 lakhs, you arent getting 7-8% on the whole 10 lakhs. Its 3-3.5% for the first 1 lakh, then for the next 5 lakhs it will be 5-6%, and then the next 4 lakhs will get 7-8%

Yes correct

 

[Tax with Ria]

Is it for fixed deposit or for current savings account where we can withdraw money also ?

It's quite flexible as you can open savings and current account as well, but if you aren't engaged in high withdrawals, then i would recommend you that open savings a/c