RBL Bank has increased the interest rates on its savings accounts including NRE/NRO savings by 50 basis points (bps) from 4.25% p.a. to 4.75% p.a. w.e.f. August 22, 2023. This increase is applicable to all savings accounts, irrespective of the balance. interest rate announced for RBL savings account in 2023 RBL Bank announced new interest rates The bank has also increased the interest rates on fixed deposits across all tenors by 25-50 bps. The revised interest rates are effective from August 21, 2023. Daily Balance Rs. It has been announced that the bank will offer 4.25 percent interest on savings accounts up to Rs 1 lakh. At the same time Rs. 1 lakh daily balance and Rs. The bank offers an interest rate of 5.50 per cent on savings accounts up to Rs 10 lakh. RBL Bank offers 6.00 percent interest on savings accounts with a daily balance above Rs.10 lakh and up to Rs.25 lakh. The interest rate on accounts with daily balance above Rs 25 lakh and up to Rs 3 crore h...