10 Banks with Highest Interest Rates in India


5. State Bank of India

Savings Account Interest Rate: 4.00 percent p.a.

State Bank of India (SBI) is a multinational banking and financial services company based in India. It is a state-owned corporation with its headquarters in Mumbai, Maharashtra. As at December 2012, it had assets of $501 billion and 15,003 branches, including 157 foreign offices making it the largest banking and financial services company in India by assets. SBI provides 4.00 percent interest rate per annum on its savings account.

6. ICICI Bank

Savings Account Interest Rate: 4.00 percent p.a.

ICICI Bank provides 4.00 percent interest per annum on its savings account with a minimum balance of 10, 000 for metro and urban cities, 5, 000 for semi urban and 2, 000 for rural areas.

ICICI Bank Limited is an Id financial services company headquartered in Mumbai, Maharashtra. It is the second largest bank in India by assets and third largest by market capitalization. It also offers a wide range of banking products and financial services to corporate and retail customers. The Bank has a network of 2,883 branches and 10021 ATM's in India, and has a presence in 19 countries, including India.

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