What are the interest rates for these accounts?

Interest rates for savings accounts in India can vary widely depending on the bank and the type of account. As of 2024, they generally range from 2.60% per annum to 7.50% per annum. Here’s a quick overview:

Regular Savings Accounts: Interest rates can start from 2.60% for basic accounts.
Zero Balance Accounts: These may offer similar rates to regular accounts, but without the need to maintain a minimum balance.
Special Accounts: Such as women’s, kids’, and senior citizens’ savings accounts might have preferential rates.
High-Interest Accounts: Some banks offer higher rates, possibly up to 7.50%, especially for larger deposits or longer-term savings.
Digital Accounts: These can also have competitive rates, as they save banks the cost of physical branches.

For exact rates, it’s best to check with individual banks, as they frequently update their rates based on economic conditions and regulatory guidelines. Remember, a good credit score can also help you get better rates on your savings. Happy saving!

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