Latest Savings Account Interest Rates
Your hunt for the best Savings Account interest rate ends here. At Ujjivan Small Finance Bank, we understand the importance of growing your hard-earned money in a safe and secure manner. Taking note of such, we bring to you meticulously curated Savings Accounts that offer multiple features and benefits along with higher interest rates.
Don’t miss out on the competitive savings account interest rates. Open a Savings Account with Ujjivan Small Finance Bank today!
Savings Account Interest Rates – Ujjivan Small Finance Bank
Below mentioned are the Savings Account Interest Rates with effective from 05th Aug 2025
| Account Balance | Rate of Interest (p.a.)* |
|---|---|
| Up to ₹1 lakh | 2.75% |
| > ₹1 lakh to ₹5 lakhs | 3.50% |
| > ₹5 lakhs to ₹10 lakhs | 6.00% |
| > ₹10 lakhs to ₹50 lakhs | 7.00% |
| > ₹50 lakhs | 7.25% |
Savings Account Interest Calculator
Principal amount
Quarterly interest amount
*Interest is calculated on a quarterly basis.
*The above interest calculation shown is indicative, the actual interest paid out may vary.
*Interest Rates up to ₹ 1 lakh - 2.75% p.a. | Above ₹ 1 lakh to ₹ 5 lakhs - 3.50% p.a. | Above ₹ 5 lakhs to ₹ 10 lakhs - 6.00% p.a. | Above ₹ 10 lakh to ₹ 50 lakhs - 7.00% p.a. | Above ₹ 50 lakhs - 7.25% p.a.
Features and Benefits of Ujjivan SFB Savings Accounts
*T&C Apply
Things to Consider for Savings Account Interest Rates – Ujjivan Small Finance Bank
- No Additional interest rate for Senior Citizens
- Interest is calculated on end-of-the-day account balance maintained in the account and paid out on a quarterly basis
- The higher interest rate will be applied and paid only basis the balances maintained as per slabs
FAQs
1. What is the maximum interest I can earn with a Savings Account?
Ujjivan Small Finance Bank offers high-interest Savings Accounts. You can get up to 7.25%* p.a. interest rate based on your account balance.
2. Is the interest earned on Savings Account taxable?
Interest income from Savings Account up to ₹10,000 is tax-free. You can claim this deduction under Section 80TTA of the Income Tax Act, 1961.
3. Is there a maturity period for Savings Account?
Savings Account doesn’t come with a maturity date. You can deposit and withdraw funds as per your financial requirements without incurring any penalty or fees.
4. How is the Savings Account interest calculated?
The Savings Account interest is calculated on end-of-the-day account balance maintained in the account and paid out on a quarterly basis.
5. What are the benefits of Savings Accounts?
Savings Accounts come with multiple benefits, including instant fund transfers via NEFT, RTGS, and IMPS services, immediate access to funds whenever required, feature-packed Debit Cards, cash withdrawals via ATMs, and more. Additionally, you can enjoy higher interest rates on your account balance. The interest is credited to your account on a quarterly basis.
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