RBL Bank Savings Account Interest Rates – Apply Online

RBL is the oldest private sector bank and scheduled commercial bank in India. RBL has 183 branches and 351 ATMs all over the country. RBL Bank Savings Account provides with various offers like insurance cover, higher interest rates and much more.

RBL provides a range of banking products and services categorized mainly in 5 verticals:

•          Corporate & Institutional Banking 
•       Commercial Banking   
•       Retail Banking 
•       Agri & Development Banking  
•        Financial Markets

Interest Rate of RBL Bank

Half yearly intervals, the interest will be credited. The interest rates offered by RBL Bank are as follows-

Account Balance	Interest Rate
Above Rs. 10 Lakhs	7.1% Per Annum
Above Rs. 1 Lakh	6.1% Per Annum
Up to Rs. 1 Lakh	5.1% Per Annum

Types of RBL Saving Account opening-

RBL Seniors First Savings Account-

•       Up to 20% discount on cataract surgery which also covers the lens cost.
•     Up to 10-15% discount on dental care services.
•     Advice on which hospital to choose for better treatments.
•     Under this scheme, the account holder doesn’t have to pay the account opening charges of Rs. 750.
•     Higher interest rates worth 7.1% per annum on their deposits.
•     Free passbook facility and unlimited free cash withdrawals at all ATMs in India.
•     It provides high security for all electronic transactions- Use your account, anytime, anywhere in the world through secure internet banking facility and miss call service also absolutely free. Dial 18004190610 from your registered number and get your account balance details.

RBL Women’s First Savings Account-

• Attractive Interest Rate on your deposits and other value added services.
•  It offers zero balance account for kids.
•  10% discount on Locker rent during the first year of the account.
•  Discounts on certain brands.
• Unlimited cash withdrawals from ATMs all over India.
•  Health Services at low rates.

Minimum Balance Required of RBL Savings Account-

•    For Seniors First Savings Account-

1.       Metro/Urban Branches- Average Monthly Balance required of Rs. 5000
2.       Semi-Urban Branches- Average Monthly Balance required of Rs. 5000
3.       Rural Branches- Average Monthly Balance required of Rs. 5000.

•    For Prime Savings Account-

1.       Metro/Urban Branches - Minimum Average Monthly Balance of Rs. 5000.
2.       Semi-Urban Branches - Average Monthly Balance of Rs. 2500.
3.       Rural Branches - Average Monthly Balance of Rs. 1000.

•       For Prime Edge Savings Account-

1.      The Minimum Average Balance of Rs 10,000.

•        For Advantage Savings Account-

1.       The Minimum Average Balance of Rs 25,000.

•    For Classic Savings Account-

1.      Metro/Urban areas - Average Monthly Balance of Rs. 2500.
2.      Semi-Urban areas - Average Monthly Balance of Rs. 1000.
3.     Rural areas - Average Monthly Balance of Rs. 500.

•    Executive Salary Savings Account, Executive Plus Salary Savings Account- There is no monthly average balance required.