Indian Bank revises interest rates on savings deposits

Indian Bank revised its interest rates on savings bank account from November 1, 2019. The interest on Saving Bank accounts with balance upto 50 lakhs shall be 3.50% and for incremental/additional balance above 50 lakhs, interest would be paid at 3.75%

Saving Bank with effect of 01.11.2019
Balance Rate of interest(%)
Up to Rs 50 lakhs 3.50%
Incremental balance over Rs 50 lakhs 3.75%

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