RBL Bank announced the interest rate on the Saving Account after FD now, will be applicable soon

After fixed deposit, now announcement of increase in savings account

 RBL Bank, one of the private sector banks, had recently increased the interest rates of its fixed deposits. Now again the bank has announced to increase the interest rates of savings bank accounts. The new interest rates will be applicable from January 25, 2023. Interest on some money has been increased to 125 bps. The bank will now get a maximum interest rate of 6.50% on the savings account.

Interest rate is getting this much on savings account

 The bank will give the benefit of 4.25% interest rate on Rs 1 lakh on savings accounts. Will give the benefit of 5.50% interest rate on 1 lakh and 10 lakh rupees. 10 Lakhs but less than Rs.25 Lakhs will attract an interest rate of 6.00% and for more than Rs.25 Lakhs and less than Rs.7.5 Crores an interest rate of 6.50%.

 Whereas Rs. 7.5 crore and above Rs. 6.25% interest rate on less than 50 Cr, Rs. 50 Cr and above Rs. 5.25% interest rate on 100 Cr, Rs. 100 crore to Rs. 200 crore at an interest rate of 6.00% and Rs. 200 crore to Rs. 400 crore will get the benefit of 4.00% interest rate.

Bank Rs. 400 crore to Rs. 500 Cr at 5.25% interest rate and Rs. Above 500 Cr will get the benefit of 5.25% interest rate.

 RBL Bank increased interest rates, now customers will get 7.55% interest rates, more money