High Interest Savings Account in 2018

If you are planning to open a savings account, wait, we've got some information to offer. It's, no doubt, reasonable enough that before selecting your bank for the savings account you should assess its services. The withdrawal and deposit limit it imposes matter as much as do its geographical reach. But that said there is one thing that should not skip your curiosity that is the interest rate. If you are certainly keen to open savings account choose one that offers high-interest rate.


Secondly, after RBI granted banks the freedom to fix the interest rate on their own, newly established banks have become popular rather too quickly by offering better interest rates on savings accounts than old, conventional banks.


So that you never miss a detail, here is our complete list of banks offering high-interest savings account.



1. DBS Bank

  • DBS Bank offers DBS Digi account and gives you an interest rate which is as high as 4.5 – 7 percent on your savings account.

  • It asks for no minimum account balance.

  • Click Open your DBS Bank Savings Account Today.


2. Kotak Bank

  • Open Kotak Nova account and you get 5 – 6 percent interest rate on your savings account.

  • But you need to have a minimum account balance which is fixed at Rs. 5,000.

  • Click Open your Kotak Bank Savings Account Today.


3. Yes Bank

  • With its Savings Advantage account, you get 5 – 6.25 percent interest rate on your savings account.

  • No minimum account balance is required.

  • Click Open your Yes Bank Savings Account Today.


4. Axis Bank

  • Axis Bank Basic Savings Account gives you 3.5 – 4 percent interest rate on your savings account.

  • Here, too, you need to have no minimum account balance. It`s not required.

  • Click Open your Axis Bank Savings Account Today.


5. SBI Bank

  • With SBI Basic Savings Bank Account, you get an interest rate of 3.50 – 4.00 percent on your savings account.

  • No minimum account balance is required here either.

  • Click Open your SBI Savings Account Today.


6. HDFC Bank

  • HDFC offers an interest rate of 3.50 – 4.00 percent on opening its HDFC Bank Regular Savings Account.

  • But you need to have a minimum account balance which is fixed as Rs. 10,000 for those branches falling in urban metro areas; Rs. 5,000 for those branches falling in semi-urban areas; and Rs. 2,500 for branches falling in rural areas.

  • Click Open your HDFC Bank Savings Account Today.


7. PNB Bank

  • With its General Saving Deposit Account, you get an interest rate of 3.50 – 4.00 percent on your savings account.

  • You need to have a minimum balance of Rs. 500 to 1000.

  • Click Open your PNB Savings Account Today.


You may still be interested in searching other parameters as well before choosing a bank where you will open a savings account, but the interest rate is most important reason to open an account. As you see, some of the banks listed above offer you not only the high-interest savings account but also require no minimum account balance. Not to forget the free debit card, mobile and internet banking, which you get free of cost.


If you still aren't convinced and need some advice concerning savings account, Please join Truebanker community forum and ask questions and clear your doubts.

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