All of the Government Banks gives 4% interest on the Savings Account. Also, the private bank offers 4% Interest rate on Savings account, but there are some banks which offer higher interest rate up to 7.25 %. Details of some of these banks which offers a higher interest rate on savings account have been listed below with account opening procedures. 1. Airtel Payments Bank Interest Rate: 7.25%, Minimum Balance Required: Zero Balance Bharti Airtel Payment bank offers 7.25 % interest rate on its account. account opening procedure is also simple by using airtel mobile number. In addition to this, it Continue Reading »