RBL Rise Savings Account
RBL Rise Savings Account
Earn up to
Key Benefits
Welcome benefits up to INR 4,500 on your Debit Card.
- Freedom to choose account number
- Free NEFT, RTGS, IMPS and ATM transactions
- Enhanced cash deposit and withdrawal limit
Take advantage of 15% off for small and medium locker & 20% off for large and extra-large lockers.
**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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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.) w.e.f. August 21, 2023 |
|---|---|
| Upto INR 1 lakh | 4.25% |
| 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 2 Crore* | 7.50% |
| Above INR 2 Crore and upto INR 3 Crore* | 7.00% |
| Above INR 3 Crore upto INR 7.5 Crore* | 6.50% |
| Above INR 7.5 Crore upto INR 25 Crore* | 6.25% |
| Above INR 25 Crore upto INR 50 Crore* | 6.25% |
| Above INR 50 Crore upto INR 100 Crore* | 5.25% |
| Above INR 100 Crore upto INR 200 Crore* | 6.00% |
| Above INR 200 Crore upto INR 400 Crore* | 4.00% |
| Above INR 400* | 6.75% |
* 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.
To understand the interest calculation with an example click here.
