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Home News Feed Advisory

Savings account interest rate revision in April 2025: Which bank is offering best rates

FinanceLaneby FinanceLane
April 23, 2025

According to the data available on HDFC Bank’s website, under the newly-revised structure effective April 12, 2025, the interest rate for savings account balances has been lowered across both deposit slabs:

For balances less than Rs.50 lakh, the bank has revised the interest rate to 2.75% per annum, down from 3% per annum earlier. For balances of Rs.50 lakh and above, the interest rate now stands at 3.25% per annum, compared to the earlier rate of 3.50% per annum.

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