Savings Account is considered a safe option for investment. Banks also offer regular interest on this. However, the interest rate depends on the amount. Banks also amend it from time to time. Many banks have changed the interest rates on savings deposits in February 2026. All the banks included in the list are offering 2.50% or more interest on balance of Rs 1 lakh.

Private sector Federal Bank has implemented new interest rates for deposit accounts on 20 February 2026. Offering 2.50% interest on balance up to Rs 1 lakh. 2.50% interest is available even on amounts less than Rs 10 crore. The bank is offering 4% interest on balance ranging from Rs 10 crore to Rs 50 crore. 5.50% interest is available on amounts ranging from Rs 50 crore to Rs 150 crore.

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Jammu and Kashmir Bank Savings Account Interest Rate

Jammu and Kashmir Bank has changed the interest rates of Savings Bank Deposit on 11th February itself. Domestic/NRO/NRE/Rupay Savings Bank deposits are getting 2.55% interest. Whereas on investing less than Rs 3 crore in fixed deposits, common citizens are getting interest ranging from 3.50% to 7.25%.

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rbl bank deposit account interest rate

Private sector RBL Bank had also announced changes in the interest rates of savings deposits on February 11. The bank is offering 3% interest annually on balance up to Rs 5 lakh. The bank is offering 5% interest on amounts above Rs 5 lakh and up to Rs 10 lakh. 6% returns are available on amounts above Rs 10 lakh and up to Rs 7.5 crore. This private bank is offering 5.50% interest on deposit account on amounts above Rs 7.50 crore and up to Rs 100 crore.

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