Prime Edge Savings Account
Prime Edge Savings Account
Earn up to
Key Benefits
Premium Classic Debit Card offering Complimentary Insurance cover up to INR 2.5 lakhs^.
With our online services, you can have a flawless banking experience right at your fingertips. Use our Internet Banking service to access free choices for paying taxes and bills.
You can access a variety of investment/insurance products and services with this savings account. Additionally, you qualify for loan and credit card services.
^Refer Schedule of Charges for applicable free limit.
Classic Debit Card
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Increased daily cap - POS spend limit: INR 1 lakh; ATM withdrawal: INR 50,000.
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Annual fees of just INR 250.
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Various insurance options and advantages up to INR 2.5 lakhs.
***Savings Account Interest Rates
| Daily balance | Rate of Interest (p.a.) Effective from October 30, 2024 |
|---|---|
| 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.
