From ICICI, HDFC to YES Bank; Who is getting the highest interest?

Bank: The Reserve Bank of India cut the repo rate by 25 basis points, after which the major banks of the country have also cut interest rates. ICICI Bank, HDFC Bank and Axis Bank have cut the interest rates of savings account by 25 basis points. Let us tell you what are the current interest rates on ICICI, HDFC, AXIS and Yes Bank’s savings bank accounts.

ICICI Bank’s interest rates

ICICI Bank is the second largest private bank in the country. In this, after raising the repo on the RBI, the interest rate received on the savings account has been cut. The bank is now offering an interest of 2.75 percent annually on it if you have less than Rs 50 lakhs in your account at the end of the day. At the same time, if you have an amount of Rs 50 lakh or more in your account till the end of the day, then you will get an interest of 3.25 on it.

Hdfc bank

HDFC Bank has also cut the interest rates received on a savings account. In the new interest rates implemented from April 12, the bank is offering an interest of 2.75 percent annually on deposits of less than 50 lakhs. Apart from this, it is paying 3.25 percent interest annually on deposits of 50 lakh and above.

Axis bank

Axis Bank is now offering an interest of 2.75% for the balance of the last day of less than Rs 50 lakh. At the same time, the bank is offering an interest rate of 3.25% on deposits ranging from Rs 50 lakh to Rs 2,000 crore. Apart from this, the bank is paying 0.70% interest on overnight Mibor on deposits of more than Rs 2,000 crore.

YES Bank’s new interest rates

Yes Bank has also changed the interest rates received on savings account. The bank is offering interest according to the amount of deposit. Yes Bank 3 percent interest on deposit up to Rs 10 lakh. The interest of 3.50 percent is offering from Rs 10 lakh to Rs 25 lakh. Apart from this, if you have deposited the money between Rs 25 lakh to Rs 50 lakh in the bank, then you will get an annual interest of 4 percent and 5 percent interest on deposits of 50 lakh to 100 crores. These new interest rates have come into force today i.e. from 21 April 2025.