Above 1 crore, interest rate levied on savings balance is 4% ... The interest rate if 4% for saving balance amount over Rs 50 lakhs. Amongst these banks, Kotak Mahindra bank is offering the highest ...

Two private sector lenders, Kotak Mahindra Bank and Dhanlaxmi ... depositors will earn an interest of 8.75 per cent per annum, up by up to 1.50 per cent, it added. Leading banks like State Bank ...