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Top 6 Banks for Best Savings Account Interest Rates

 

Top 6 Banks Providing Best Savings Account Interest Rates

 

Bank/Savings Account NameInterest Rate OfferedOther Features on Savings Account
YES Bank Savings AccountStarting from Nov-1, 2015,an interest rate of 6% p.a is applicable on all Savings Accounts with balance maintained below Rs.1 crore.
  • Quarterly savings interest payout
  • Unlimited access to any bank ATM across India
  • Lost Card liability and purchase protection for debit card
  • Free utility bill payments, demand draft issuance up to pre-set limits, standing instruction facility
  • Mobile and SMS banking facilities
Kotak Mahindra Bank Savings AccountUp to 6% interest per annum on My Family, Platina, Sanman, Grand, Jifi Saver, Ace, Edge, Pro, Nova and classic savings accounts
  • Minimum Average monthly balance requirements for greater flexibility
  • Different savings accounts variants to choose from
  • Free Net Banking, Phone Banking and Mobile Banking Facilities
  • Access all domestic ATMs with Kotak debit card
IndusInd Bank Savings Account6% interest rate per annum for daily balance above Rs.10 lakh and 5% per annum for daily balance greater than Rs.1 Lakh and up to Rs.10 lakhs
  • Exclusively designed savings accounts variants for different requirements
  • Free Platinum debit card with select savings account types
  • Branch, online and phone banking facilities
  • Free NEFT and RTGS fund transfer facilities for select savings account programs
Lakshmi Vilas Bank Savings Account5% p.a for accounts where balance of upto Rs.5 lakhs is maintained. 6% p.a for accounts where balance above Rs.5 lakhs is maintained.
  • Offered under various feature sets- Savings Bank SB-301, Basic Savings Bank Deposit Account (BSBDA), Lakshmi Prime Account, Lakshmi Titanium Savings Account, etc.
  • Minimum deposit amount of Rs.500 (Rural & Semi Urban Branches) and Rs.1000 (Urban & Metro Branches).
Axis Bank Savings AccountSavings account deposit interest rates of 4% per annum for all amount
  • Low minimum opening deposit and minimum average monthly balance requirements
  • Over 12 savings accounts variants to choose from
  • Priority banking facilities
  • Access to over 2300 physical bank branches and over 11,500 ATMs across the country
  • Internet and mobile banking facilities
  • Interest paid quarterly
ICICI Bank Savings Account4% per annum for senior citizens and normal customers
  • Basic no-frills account with nil minimum balance
  • Free internet and mobile banking services
  • Flexibility to choose your own savings account number
  • Special discounts at Apollo clinics, hospitals and pharmacies
Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saving Mutual Funds to invest in India for 2016 or Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

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For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

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