Everyone wants to do savings. Thinking about the future, someone invests somewhere, and someone deposits money in the bank. Today we will discuss three such banks that are giving good interest on savings accounts. Currently, there are many banks offering attractive interest on savings accounts. Bank of Baroda, Central Bank of India, and Canara Bank are included in this list. Customers are getting more than 3% interest. Let’s know which bank is paying how much interest on how much deposit.
Bank of Baroda
Up to 1 lakh—2.75%
Above 1 lakh and less than 10 crore: 2.75%
Above Rs. 10 crore and less than Rs. 50 crore: 2.75%
Rs 50 crore to less than Rs 100 crore – 3%
Rs 100 crore to less than Rs 200 crore – 3%
Rs. 200 crore to less than Rs. 500 crore – 3.05%
Rs. 500 crore to less than Rs. 1000 crore—4.10%
Rs 1000 crore and above – 4.50.
Central Bank of India
Central Bank of India on deposits up to Rs. 10 crore Offering 80% annual interest. The interest rate is 3% on investment between Rs 10 crore and up to Rs 100 crore, 3.10% on investment between Rs 100 crore and Rs 1000 crore, and 3.25% on investment above Rs 1000 crore.
Canara Bank
Canara Bank is offering 2.90% interest on investments of less than Rs 50 lakh. For deposits between Rs 50 lakh and less than Rs 5 crore, the interest rate is 2.90%, while for deposits between Rs 5 crore and less than Rs 10 crore, the interest rate is 2.95%. For investments between Rs 10 crore and Rs 2,000 crore, the minimum interest rate is 3.05% and the maximum is 3.55%. Above this, investment tax is getting 4% interest.
