Plus Savings Account
Plus Savings Account
Earn up to
Key Benefits
Don’t worry about maintaining a minimum balance in the account and make the most of all the features and benefits of a Savings Account with RBL Bank.
Maximise the advantage of attractive interest rates*** that you can earn.
Enjoy the benefit of relationship pricing, wherein, you get up to 15% off on Safe Deposit Lockers**.
**Discount is applicable only on one locker & subject to availability.
Platinum Debit Card
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Complimentary Air Accident Insurance cover upto INR 10 Lakhs
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Enhanced per day limit : POS/Ecom withdrawal: INR 2 lakhs; ATM withdrawal: INR 1 lakh
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Instant generation of Debit Card pin through SMS from registered mobile number
FAQs
A properly filled and signed application form must be submitted along with the required documents in order to be eligible to open a Plus Savings Account. Additionally, you must provide the bank with Final Sanction letter / Home Loan details. You can only be eligible for Plus Savings Account if you have availed Home Loan / LAP / Educational Loan from RBL Bank.
Below mentioned is the list of documents:
Officially Valid Documents like Aadhaar Card, Passport, Driving License, MNREGA Card, Voter ID card. Also, we would require PAN Card for opening of the account.
There are minimal fees for account maintenance when you open a Plus Savings Account with RBL Bank. Click here to know more about the comprehensive charges.
***Savings Account Interest Rates
Daily balance | Rate of Interest (p.a.) Effective from October 30, 2024 |
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Upto INR 1 lakh | 3.50% |
Above INR 1 lakh upto INR 10 lakh* | 5.50% |
Above INR 10 lakh upto INR 25 lakh* | 6.00% |
Above INR 25 lakh and upto INR 3 Crore* | 7.50% |
Above INR 3 Crore upto INR 7.5 Crore* | 6.50% |
Above INR 7.5 Crore upto INR 50 Crore* | 6.25% |
Above INR 50 Crore upto INR 75 Crore* | 5.25% |
Above INR 75 Crore upto INR 125 Crore* | 7.50% |
Above INR 125 Crore upto INR 200 Crore* | 6.00% |
Above INR 200 Crore upto INR 400 Crore* | 4.00% |
Above INR 400 Crore upto INR 500 Crore* | 6.75% |
Above INR 500 Crore* | MIBOR** + 1% |
* On daily balances in excess of INR 1 Lakh
With effect from April 1, 2016, the periodicity of payment of interest on Savings Bank Account has been changed to quarterly. Accordingly savings Bank interest calculated on daily product basis will be paid at quarterly intervals on 30th June, 30th September, 31st December & 31st March each year.
**MIBOR is overnight MIBOR rate
To understand the interest calculation with an example click here.