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iob_bank_savings_bank_deposits

Page Last Updated (date):Oct 08, 2026
Savings Bank Interest Rates
SB Balance Amount Interest Rates w.e.f 08.10.2026
Upto Rs. 1 Lakh (Not linked to Repo Rate) 2.50%
Above Rs. 1 lakh and upto Rs. 2000 Crore (Linked to Repo Rate) 2.20% (i.e. Repo Rate 5.50% minus 3.30%=2.20%)
Above Rs. 2000 Crore (Linked to Repo Rate) 7.00% (i.e Repo Rate 5.50% plus 1.50%=7.00%) 
           
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

-

-

-

-

-
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