THESE Banks offer maximum interest rates on savings account

The maximum interest rate on savings accounts is being offered by RBL Bank which offers a good interest rate of 4.50% per annum to 6.25% on daily balance as per set amount limit by the bank. These interest rates came into effect from May 7, 2021.  

Whenever a person plans to invest money in a certain bank, he/she always looks for attractive returns. It is also one of the popular investment options as you can withdraw money in times of emergencies. Parking money in other financial instruments leads to blockage as it can’t be withdrawn at any time.   And therefore it becomes really important that we choose banks carefully before investing our hard-earned money. Several private banks offer very good interest rates on savings accounts as compared to public sector banks. These banks offer interest rates up to 6.25 per cent. The maximum interest rate on savings accounts is being offered by RBL Bank which offers a good interest rate of 4.50% per annum to 6.25% on daily balance as per set amount limit by the bank. These interest rates came into effect from May 7, 2021.