Best Savings Rates for Jan 2026

Rs. Ten Lakh

Rank	Bank Name	Effective Rate	Bank Type	Interest Payout	Effective From
1	Unity Small Finance	5.85%	Small Finance	Quaterly	01-Jan-25
2	ESAF Small Finance	5.25%	Small Finance	Quaterly	07-Apr-25
3	Slice Small Finance	5.25%	Small Finance	Daily	05-Dec-25
4	IDFC First Bank	4.80%	Private	Monthly	09-Jan-26
5	Utkarsh Small Finance	4.75%	Small Finance	Quaterly	01-Dec-25
6	Suryoday Small Finance	4.58%	Small Finance	Monthly	01-Oct-25
7	DBS Bank	4.50%	Foreign	Quaterly	24-Oct-25
8	Ujjivan Small Finance	4.45%	Small Finance	Monthly	09-Jan-26
9	Post Office	4.00%	Post Office	Yearly	26-Sep-25
10	RBL Bank (Ratnakar)	4.00%	Private	Quaterly	15-Jan-26
11	Jana Small Finance	3.90%	Small Finance	Monthly	27-Oct-25
12	Bandhan Bank	3.77%	Private	Quaterly	25-Dec-25
13	Shivalik Bank	3.30%	Small Finance	Monthly	01-Nov-25
14	Equitas Small Finance	3.13%	Small Finance	Quaterly	03-Nov-25
15	AU Small Finance	3.10%	Small Finance	Monthly	12-Jan-26
16	Capital Small Finance	3.10%	Small Finance	Quaterly	04-Nov-25
17	Dhanlaxmi Bank	2.98%	Private	Quaterly	06-Nov-25
18	IndusInd Bank	2.95%	Private	Quaterly	06-Aug-25
19	DCB Bank	2.92%	Private	Quaterly	11-Dec-25
20	Tamilnad Merc. Bank	2.88%	Private	Quaterly	20-Jun-25
21	City Union Bank	2.75%	Private	Quaterly	25-Jun-25
22	Yes Bank	2.73%	Private	Quaterly	01-Jan-26
23	Nainital Bank	2.65%	Private	Quaterly	10-Jan-26
24	Karnataka Bank	2.63%	Private	Quaterly	01-Jul-25
25	J&K Bank	2.60%	Private	Quaterly	11-Dec-25
26	IDBI Bank	2.57%	Private	Quaterly	18-Aug-25
27	Canara Bank	2.55%	Public	Quaterly	01-Jul-25
28	Axis Bank	2.50%	Private	Quaterly	28-Jun-25
29	Bank of Baroda	2.50%	Public	Quaterly	22-Aug-25
30	Bank of India	2.50%	Public	Quaterly	01-Nov-25
31	Bank of Maharashtra	2.50%	Public	Quaterly	01-Sep-25
32	Barclays Bank	2.50%	Foreign	Quaterly	29-Sep-25
33	Central Bank of India	2.50%	Public	Quaterly	10-Sep-25
34	Deutsche Bank	2.50%	Foreign	Quaterly	01-Aug-25
35	Doha Bank	2.50%	Foreign	Quaterly	18-Feb-22
36	Federal Bank	2.50%	Private	Quaterly	12-Dec-25
37	HDFC Bank	2.50%	Private	Quaterly	24-Jun-25
38	ICICI Bank	2.50%	Private	Quaterly	26-Jun-25
39	Indian Bank	2.50%	Public	Quaterly	07-Jul-25
40	Kotak Bank	2.50%	Private	Quaterly	09-Jul-25
41	Punjab National Bank	2.50%	Public	Quaterly	01-Oct-25
42	South Indian Bank	2.50%	Private	Quaterly	24-Oct-25
43	State Bank of India	2.50%	Public	Quaterly	15-Jun-25
44	UCO Bank	2.50%	Public	Quaterly	23-Jun-25
45	Union Bank of India	2.50%	Public	Quaterly	29-Jul-25
46	Catholic Syrian Bank	2.46%	Private	Quaterly	04-Nov-25
47	Indian Overseas Bank	2.27%	Public	Quaterly	12-Dec-25
48	Karur Vysya Bank	2.25%	Private	Quaterly	15-Jan-26
49	Punjab & Sind Bank	2.25%	Public	Quaterly	15-Dec-25
50	Standard Chartered	2.25%	Foreign	Quaterly	01-Jan-26
51	HSBC Bank	2.00%	Foreign	Quaterly	13-Sep-21

1. Source: Official bank websites.
2. Effective Rate calculation is performed using standard methodology. E&OE.

Best Savings Rates for Jan 2026

Bank Type