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Home IPPB IPPB Revised Savings Bank Interest Rate w.e.f 01st June 2022 | 2% Interest in IPPB Savings Bank Account

IPPB Revised Savings Bank Interest Rate w.e.f 01st June 2022 | 2% Interest in IPPB Savings Bank Account

Friday, June 03, 2022 0

 IPPB/ CSMO/ 2022-23/29 Notice Date: 31-05-2022.

This is to inform all the concerned that India Post Payments Bank has revised its interest rate on all the customer variants of Savings Accounts as per the Asset Liability Committee approved policy effective from 01st June 2022 as per below table.

Savings Bank Deposit Slabs

Current Interest Rate

Revised Interest Rate

Balances up to 1 lakh

2.25% p.a

2.00% p.a

Incremental Balances above 1 Lakh & up to 2 Lakh

2.50% p.a

2.25% p.a

Interest will be paid to customer quarterly (Computed on the daily EOD balance).



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