Top High-Interest Savings Accounts in India 2025: Best Banks for Maximum Returns
Standing in the middle of 2025, India is progressing more in the matters of financial literacy along with digital banking. A good lot of people are getting to know about the benefits of savings accounts there. So, the basic or pivotal function of a savings account is the safety, security, and liquidity of money. In order to enable you to meet your wealth aspirations, the interest earned on your savings bank account may become a significant amount, especially when rates are above average.
As a good deal of banks vying for deposits from customers, some of them are now providing customers with high rate of interest savings accounts. This seems to be a lucrative deal to someone who wants to get a better return on their savings without any risks involved.
Of all the high-interest savings accounts in India this year, our blog will cover the most interesting ones providing high-interest savings accounts in India, features, and merits. This should make you feel comfortable enough to go in for the one you like best.
Why select high-return bank accounts in India?
Before browsing through the list of best banks for savings accounts that offer high returns to customers, let’s understand why to select such bank accounts-
Higher Earnings: Even a small difference in interest rate can compound into a sizable amount over time.
Liquidity: Unlike fixed deposits, you retain access to your funds while still earning good returns.
Safety: Savings accounts in scheduled banks are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC) for up to ₹5 lakhs.
No Lock-In Period: Unlike FDs or RDs, you can withdraw your money anytime without penalty.
Aspects to consider while choosing a high-interest savings bank account
While a high interest rate is attractive, you should also consider certain factors before opting for high-return bank accounts in India.
- Minimum account balance requirement
- Maintaining Monthly Average Balance or in short MAB
- Account keeping charges and fees
- Customer Service
- Online and mobile banking service features
- Additional benefits like insurance, cashback, and Rewards.
Now let’s take a look at the top banks catering the highest interest rates in savings bank accounts. If you are planning to keep your money in 2025, this can help you in the long run.
Top High-Interest Savings Accounts in India – 2025
AU Small Finance Bank
AU Small Finance Bank, being a private sector bank like in previous years continues to lead the race by providing the highest interest rates for savings banks in the market.
Interest rate: leading to 7.25% pa
Balance slabs: 3.50% along correspondence leading to Rs. 1 lakh
5.00% along Rs. 1lakh to Rs. 10 lakhs
7.25% for balance slab of Rs. 10 lakhs and above
Minimum balance: Rs. 5000 depending on the location
Best for: individuals look to green big sums spell maintaining liquidity
Other characteristics: clear native stock transfers practical debit entry board iron versatile app
Why AU? Choosing AU Bank means you can gain high returns on Fixed Deposits, especially beneficial for high-net-worth individuals. AU Small Finance Bank’s interest rate can allure you to opt for this bank.
Jana Small Finance Bank
Jana Bank is lesser-known but with its wide network caters to one of the most rewarding savings accounts.
Interest Rate of the bank: Up to 7.00% p.a.
Balance Slabs:
It provides 3.00% on up to Rs. 1 lakh investment
6.00% on investment up to Rs. 1-5 lakhs
7.00% on above Rs. 5 lakhs
Minimum Balance: Rs. 2,500– Rs. 10,000 this amount usually depends on the account type
USP: Personalized customer service and competitive rural reach
Why select Jana? This bank is apt for customers looking for high interest with personal service.
RBL Bank
When it comes to availing safe savings bank accounts with good interest rates, RBL Bank being a private sector bank offers a competitive rate without the “small finance” tag.
Interest Rate: Up to 6.50% p.a.
Balance Slabs:
This bank offers 4.25% on up to Rs. 1 lakh
5.50% interest rate on Rs. 1-10 lakhs
6.50% above Rs. 10 lakhs
Minimum Balance: You need to maintain a minimum balance of Rs. 5,000 to Rs. 10,000
Digital Features: You can avail paperless KYC, smart net banking, mobile wallet integration
Why Choose RBL? RBL comprehensively amalgamates private bank reliability with higher-than-average returns.
State Bank of India (SBI)
State Bank of India deserves special mention as the largest and most well-acknowledged bank in India. Though not a high-interest paying savings bank account, it deserves mention for the safety and trust it caters to its customers.
Interest Rate: For savings bank accounts it offers a flat 2.70% interest p.a.
Minimum Balance: For urban areas, you need to maintain Rs. 3,000, Rs. 2,000 for semi-urban, and Rs.1,000 for rural areas.
USP: The bank has a wide network, reliable service, and also government scheme access
Why select SBI? For those prioritizing security over returns, SBI is the best bank in India to choose from. It is also good, especially for senior citizens.
IDFC FIRST Bank
IDFC FIRST bank, a private sector entity has become a customer favorite with its high interest rate and zero-fee banking.
Interest Rate: This bank pays interest up to 6.75% p.a.
Balance Slabs:
The bank offers 4.00% on up to Rs. 1 lakh
It provides 5.00% on Rs. 1-10 lakhs
And above Rs. 10 lakhs it offers a 6.75% interest rate
Minimum Balance: You need to maintain a minimum account balance of Rs. 10,000. But some accounts also have zero balance.
USP: This bank doesn’t charge non-maintenance fees, free RTGS and NEFT.
Why Choose IDFC? For tech-savvy users and professionals looking for zero-hassle banking.
Standing in 2025, a high-interest savings account isn’t just like some old vault where you can keep your cash sitting around getting bored. This is indeed a pretty safe way to make your money work for you without taking much risk or hassle. AU and Jana are some of the top savings accounts in India for the biggest interest rates. But if you are willing to opt for hassle-free transactions through net and mobile banking and hate standing in line, IDFC FIRST and RBL might be your choice. Since they mix decent returns with the whole online-everything experience.
Disclaimer – This blog is for informational purposes only. Before conducting any investment, it is advisable to carry out comprehensive research.
People Also Ask About High-Interest Savings Accounts in India
What is the highest interest rate on savings accounts in India 2025?
As of 2025, some small finance banks in India are catering savings interest rates up to 7.5%, depending on account balance slabs.
Which bank offers the best high-interest savings account in India?
Several banks like AU Small Finance Bank and Ujjivan provide the highest interest rates on savings accounts in 2025.
Are high-interest savings accounts safe in India?
High-interest rate savings accounts are secure if the bank comes under RBI regulation and is covered under the Rs.5 lakh deposit insurance.
Can I open a high-interest savings account online in India?
Most Indian banks cater fully to digital processes to start high-interest savings accounts online with the aid of mobile apps or websites.
What documents are required to open a savings account with high interest?
You may need to submit a PAN card, Aadhaar, proof of address, recent photograph, as well as sometimes income proof for opening a high-interest savings account.
How often is interest paid on savings accounts in India?
Interest on savings accounts in a bank in India is usually calculated daily and typically credited quarterly to the account, depending on the bank’s policy.
Is the interest earned on savings accounts taxable?
Interest earned is taxable under “Income from Other Sources”. But up to Rs. 10,000, it is tax-free.
What is the minimum balance required for high-interest savings accounts?
The minimum balance that you need to maintain in any account usually varies by bank and account type, ranging from zero to Rs.10,000. However, small finance banks may require higher balances.
How do high-interest savings accounts compare to fixed deposits?
High-interest savings accounts provide liquidity as well as flexibility. Fixed deposits generally offer higher interest but for that, you may need to lock your funds.
