Interest up to 7 percent on savings account, these banks are giving great offers

Savings Account Interest Rate: Almost everyone has a savings account or savings account. This account is used to keep money and transfer money. Interest is earned on the amount deposited in the savings account. The interest rate may vary from bank to bank. The interest rate is changed by the banks from time to time. Interest is paid quarterly, half yearly or annually.

However, here most of the banks are reducing the interest on the savings account. Most of the big banks are offering interest between 5 to 6 percent on the savings account. Today we are telling you about some such banks which are giving interest rate of more than 6 percent on savings account.

AU Small Finance Bank

• AU Small Finance Bank is offering up to 7 percent interest on savings account
• The average monthly balance in the savings account should be in the range of Rs 2,000 to Rs 5,000.

Equitas Small Finance Bank

• This bank is offering you an interest rate of up to 7 percent on the savings account.
• The average monthly balance required in the savings account should be in the range of Rs 2,500 to Rs 10,000.

Ujjivan Small Finance Bank

• This bank is also offering up to 7 percent interest on the savings account.

Suryoday Small Finance Bank

• This bank is offering an interest rate of up to 6.25 percent on the savings account.
• It is necessary to maintain an average monthly balance of Rs 2,000 in a savings account in this bank.

DCB Bank

• This bank is offering an interest rate of up to 6.5 percent on the savings account.
• A minimum balance of Rs 2,500 to Rs 5,000 has to be maintained in the savings account of this bank.