Savings Account

High Interest up to 7.5% | Zero Balance Accounts | Digital Banking

Open a savings account online with high interest rates, zero balance requirements, and premium digital banking features. Compare and choose the best savings account from top banks in India.

High Interest

Up to 7.5% p.a.

Digital Banking

100% Online Process

Insurance Cover

Up to ₹5 Lakh

Free Debit Card

Contactless & Secure

Sample savings account features

Types of Savings Accounts

Regular Savings

Standard savings account with average interest rates and basic banking facilities.

Premium Savings

High-interest accounts with premium benefits, lower charges, and priority services.

Youth/Student Accounts

Special accounts for students and young adults with zero balance requirements.

Women's Accounts

Accounts with special benefits, higher interest rates, and lower charges for women.

Why Choose Our Savings Accounts?

100% Secure & Safe

Your money is insured up to ₹5 lakh per depositor by DICGC. All transactions are secured with advanced encryption.

Instant Account Opening

Open your savings account online in 5 minutes with video KYC. Get account number instantly, debit card in 3-5 days.

No Hidden Charges

Zero account opening fees, no annual maintenance charges for first year, and minimal transaction charges.

Savings Account Eligibility

  • Age: 18 years and above (10+ with guardian for minor accounts)
  • Residency: Indian resident with valid address proof
  • KYC Documents: Valid PAN and Aadhar card mandatory
  • Minimum Balance: Zero balance accounts available
  • Special Accounts: Students, seniors, women get additional benefits

Documents Required

Mandatory Documents

  • PAN Card (Mandatory for account opening)
  • Aadhar Card (For address and identity proof)
  • Recent passport-size photographs (2)

Additional Documents (if required)

  • Address proof (Electricity bill, Rent agreement)
  • Income proof (For premium accounts)
  • Student ID (For student accounts)

Savings Interest Calculator

Calculate Your Interest

₹1,000 ₹1 Crore
1% 10%
1 Year 20 Years

Interest Calculation

Total Interest
₹43,562
Principal Amount
₹1,00,000
Interest Rate
7.5%
Time Period
5 Years
Interest Type
Compounded
Total Maturity Amount
₹1,43,562
Interest is calculated quarterly compounded annually

Top Banks Comparison

Bank Name Interest Rate Min Balance Debit Card Insurance Action
HDFC Bank 7.25% p.a. ₹10,000 Free Platinum ₹5 Lakh
ICICI Bank 7.5% p.a. Zero Balance* Free Coral ₹4 Lakh
Axis Bank 7.0% p.a. ₹12,000 Free Priority ₹3 Lakh
Kotak Mahindra 7.75% p.a. Zero Balance* Free Royale ₹6 Lakh

*Zero balance accounts available for salary accounts and under special schemes

Frequently Asked Questions

Ready to Open Your Savings Account?

Get started with high interest rates, zero balance accounts, and premium digital banking features

100% online process | Instant account number | DICGC insured up to ₹5 Lakh

Trusted by Leading Banks