Rise Savings Account
Rise Savings Account
Earn up to
Key Benefits
You can choose your account number as per your choice.
Exclusive discount of 15% off for small and medium locker & 20% off for large and extra-large lockers.**
Enjoy complimentary Insurance cover up to INR 1 CR on Debit Card (Air Accident, Personal Accident, Lost Card Liability and many more).
- Preferential pricing on Loan
- Premium Banking Facilities
- Free NEFT/RTGS/IMPS transaction
**Lockers are subject to availability.
Crest Debit Card
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Welcome benefits of INR 2,000 cash vouchers and INR 2,500 discount vouchers on card activation.
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Discounted issuance fee of INR 1,200+ GST for Rise Customers, applicable during account opening only^.
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Standard issuance fee of INR 2,000+ GST
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Complimentary insurance of up to INR 1 cr.
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Enhanced per day limit: ATM withdrawal- INR 1 lakh and POS of INR 2 lakhs.
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Unlimited free cash withdrawals at more than 1,00,000 ATMs across India.
^Discounted issuance fee of INR 1,200+ GST for Crest Debit Card is available at the time of account opening only. Opting for Crest Debit Card post account opening will incur standard issuance fee of INR 2,000+ GST.
***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.
