Breadcrumb

iob_bank_savings_bank_deposits

Last Updated:06/02/2026
Savings Bank Deposits
   
SB Balance Amount Interest Rates w.e.f 12.12.2025
Upto Rs. 1 Lakh (Not linked to Repo Rate) 2.50%
Above Rs. 1 Lakh and upto Rs. 600 Crore (Linked to Repo Rate) 2.25% (i.e. Repo Rate 5.25% minus 3.00% = 2.25%)
Above Rs. 600 Crores (Linked to Repo Rate) 6.25% (i.e. Repo Rate 5.25% plus 1.00% = 6.25%)
           
Minimum Balance
Details Rural Semi Urban Urban Other Branches Pensioners SB Account
1. Savings Bank A/c - - - - -
A. Domestic - - - - -
i. With Cheque Book Facility 500 500 2000 2000 250
ii. Without Cheque Book Facility 100 100 500 500 5
iii. No Frills Account 5 5 - - -
B. Non-Resident - - - - -
i. NRO -
ii. NRE - - - - -