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Which bank is best for savings account?

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0 2022-11-10T11:41:19+00:00
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A savings account is a deposit account you open in a bank. Although these types of accounts do not provide higher interest rates they are safe and reliable, therefore you can open a saving account without any stress. Since it is a risk-free option, it is better to learn about the best bank for savings account.

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Which bank is best for savings account in India?

 

Saving Bank Account

Rate of Interest

State Bank of India 

2.7% p.a

HDFC Banks Savings account

3.50% p.a

Kotak Mahindra Bank Savings account

3.50% p.a

DCB Bank Savings account

6.50% p.a

RBL Bank Savings account

6.00 % p.a

ICICI Savings Bank account

3.50% p.a

Axis Bank Savings account

3.50% p.a
 

Among them I believe RBL Bank Savings account provides a range of features that is why it is the best bank to open a savings account.

  1. Unlimited free transactions at RBL ATMs.

  2. You can avail of free RuPay debit card and you can withdraw Rs. 50,000

  3. You can get a free replacement for a damaged card.

  4. Mobile banking and phone banking options are available.

  5. The interest rate is also decent. 

 

Although this is my personal suggestion, as a customer you should always fish for the best option by speaking with the bank authorities. Make sure you visit a reliable bank before opening your savings account and try to negotiate to get the best benefits. The interest rates can also change timely so do your research thoroughly before investing!

 

I hope you like my answer on the best bank for savings account.

 

Read more:

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