Saving Account Interest Rate

Effective 17 November 2017, interest shall be paid on SB Account at 3.50%, calculated on daily product basis and will be credited in the SB A/c quarterly in the months of March, June, September and December, respectively every year or at the time of closing of the SB A/c. Interest is calculated on a daily basis on the daily closing balance in the Account. The interest amount calculated is rounded off to the nearest rupee.