10 Banks with Highest Interest Rates in India

By SiliconIndia   |   Tuesday, March 19, 2013   |    4 Comments
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9. Punjab National Bank
Savings Account Interest Rate: 4.00 percent p.a.

The savings account interest rate provided by Punjab national bank is 4.00 percent per annum. Customers having domestic term deposits less than 1 crore for a period of 1 year will be provided 9.00 percent interest rate. The bank's total assets for financial year 2007 was, about $60 billion. PNB has a banking subsidiary in the UK, as well as branches in Hong Kong, Dubai and Kabul, and representative offices in Almaty, Dubai, Oslo, and Shanghai.

10. IDBI Bank
Savings Account Interest Rate: 4.00 percent p.a.

The interest on a savings account is paid at 4.00 percent p.a. on a daily end of day balance, w.e.f. May 3, 2011. IDBI Bank is owned by the Indian Government and is on a par with nationalized banks and the SBI Group as far as government ownership is concerned. It is one among the 26 commercial banks owned by the Government of India. The Bank has an aggregate balance sheet size of 2908.37 billion as on 31 March 2012.

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Reader's comments(4)
1: citibank only offers 4% p.a
Posted by:blaze - 08 Sep, 2014
2: WHICH BANKS GIVES HIGHEST INTEREST RETURNS
Posted by:PRONOTOSH - 14 Apr, 2014
3:
lakshmi vilas bank. 9.25 for normal and 9.45 for senior citizens
Ravi Replied to: - 18 Sep, 2014
4: lokmangal Multistate co-op society also have a best interest rate on FD (12 % )
Posted by:kethki - 02 May, 2013
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