RBL Bank Savings Account

Bank Balance	Interest Rate ( p.a.)
Upto Rs. 1 lakh	4.25%
Above Rs. 1 lakh upto Rs. 10 lakh*	5.50%
Above Rs. 10 lakh upto Rs. 25 lakh*	6.00%
Above Rs. 25 lakh and upto Rs. 2 Crore*	7.50%
Above Rs. 2 Crore and upto Rs. 3 Crore*	7.00%
Above Rs. 3 Crore upto Rs. 7.5 Crore*	6.50%
Above Rs. 7.5 Crore upto Rs. 25 Crore*	6.25%
Above Rs. 25 Crore upto Rs. 50 Crore*	6.25%
Above INR 50 Crore upto INR 75 Crore*	5.25%
Above INR 75 Crore upto INR 100 Crore*	7.75%
Above INR 100 Crore upto INR 125 Crore*	7.75%
Above INR 125 Crore upto INR 200 Crore*	6.00%
Above INR 200 Crore upto INR 400 Crore*	4.00%
Above INR 400 Crore*	6.75%

*On daily balances in excess of Rs. 1 Lakh.

Note: The above-mentioned interest rates are updated as of 11th September 2024 with effect from 1st July 2024.

1. Digital Savings Account	2. RBL Rise Savings Account	3. Advantage Savings Account
4. Prime Edge Savings Account	5. Woman’s First Savings Account	6. Seniors First Savings Account
7. Prime Savings Account	8. Executive Savings Account	9. Basic Savings Account

1. Digital Savings Account

RBL Bank Digital savings account can be opened instantly online simply using your Aadhaar number and PAN.

Particulars	Details
Average Monthly Balance (AMB)	● Rs. 5,000* *Average Balance Requirement waiver if you start a recurring deposit or SIP of Rs. 2,000 or more
Eligibility Criteria	Valid PAN Card and Aadhaar Card are mandatory
ATM Charges & Monthly withdrawal limit	● Unlimited free transactions per month in RBL Bank ATMs ● Free first 5 transactions per month in other bank ATMs ● No limit on the amount that you can withdraw
Debit Card	Virtual debit card
Other Features	● Net-banking, Mobile Banking ● Bill Pay facility ● IMPS, NEFT and RTGS facility ● Book FD, RD and mutual funds online ● Complimentary air and accident insurance along with your debit card

2. RBL Rise Savings Account

With the RBL Rise savings account, you get the freedom to choose your account number. It also comes with a higher interest rate on your FD and various other features and benefits.

Particulars	Details
Average Monthly Balance (AMB)	Rs. 50,000
ATM Charges & Monthly Withdrawal Limit	● Unlimited free cash withdrawals at RBL Bank ATMs ● Higher ATM withdrawal limit of Rs. 1 lakh/day ● Higher POS limit (including online transactions) of Rs. 2 lakh/day
Debit Card	Crest Debit Card with welcome benefits up to Rs. 4,000
Credit Card	RBL Bank Platinum Maxima Credit Card with first-year fee waiver
Other Features	● Net-banking, Mobile Banking ● Free Zomato Pro membership for 1 year ● Complimentary lounge access with free RBL Bank Platinum Maxima Credit Card ● Up to 20% discount on lockers ● Preferential pricing on loans ● Higher cash withdrawal and deposit limits ● Easy anytime-anywhere access to your account via Internet Banking, RBL MoBank, WhatsApp Banking and RBL Cares – Chatbot ● Free tax payment and bill payment facility using the with your bank’s digital channels

3. Advantage Savings Account

RBL Bank’s Advantage Savings Account gives you added benefits as compared to regular savings accounts such as the freedom to choose your account number, access to platinum concierge services and more.

Particulars	Details
Average Monthly Balance (AMB)	Rs. 25,000
Eligibility Criteria	Need to meet minimum monthly balance requirement as specified by the bank
ATM Charges & Monthly withdrawal limit	● Unlimited free cash withdrawals at RBL Bank ATMs ● Daily cash withdrawal limit of Rs. 1 lakh ● Higher shopping limit of Rs. 2 lakh/day
Debit Card	Platinum MasterCard Debit Card with enhanced limits
Other Features	● Net-banking, Mobile Banking ● Select the account number of your choice ● Free cheque book, demand draft, RTGS and NEFT ● Free outstation cheque collections and cash transactions at the RBL branches ● Up to 15% off on safe deposit lockers ● Additional 25% off on processing fee for with your Loan Against Property

4. Prime Edge Savings Account

RBL Bank’s Prime Edge Savings Account offers higher interest rates on your savings account, premium ATM card and more.

Particulars	Details
Average Monthly Balance (AMB)	Rs. 10,000
Eligibility Criteria	Minimum monthly balance requirement as specified by the bank
ATM Charges & Monthly withdrawal limit	Unlimited free cash withdrawals at RBL Bank ATMs
Debit Card	Titanium MasterCard with added insurance benefits
Credit Card	Available as per terms & conditions
Other Features	● Net-banking, Mobile Banking ● Free payable at par cheque book ● Free and higher limits for ordering demand drafts and pay orders ● Higher cash deposit and withdrawal limits ● Free tax payment and bill payment using with your internet banking

5. Woman’s First Savings Account

RBL Bank Woman’s First Savings Account is specifically designed for women and offers higher interest rates, an exclusive Woman’s First debit card and various discounts throughout the year.

Particulars	Details
Minimum Balance Requirement	Rs. 10,000
Eligibility Criteria	● Primary applicant should be a resident woman above 18 years of age ● Mandatory PAN Card required
ATM Charges & Monthly withdrawal limit	Unlimited free transactions at RBL bank ATMs
Debit Card	Exclusive Woman’s First Debit Card
Other Features	● Net-banking, Mobile Banking ● Unlimited year-long discounts ● One zero balance kid’s savings account ● Complimentary insurance on debit card ● Higher cash deposit and withdrawal limit ● Free tax payment and bill payment facility using internet banking ● 10% Discount on locker rental for the first year ● Complimentary card with your insurance

6. Senior Citizen Savings Account

RBL Bank Senior Citizen Savings Account is specially customized for people above 60 years of age and offers a higher interest rate, Titanium debit card and other exclusive features and benefits.

Particulars	Details
Average Monthly Balance (AMB)	Rs. 5,000
Eligibility Criteria	Must be 60 year old Indian national
ATM Charges & Monthly withdrawal limit	Free cash withdrawals at all RBL Bank ATMs across India
Debit Card	Titanium debit card
Other Features	● Free payable at par cheque book every quarter and free passbook facility for individual account holders ● Easy bill payments with Billpay ● Free online and on-call banking ● Earn higher interest rates with our Gain4Sure Fixed Deposits, including tax-saving deposits premature penalty of 1% waived off for senior citizens ● Instant debit card PIN and internet banking PIN through with your single SMS

7. Prime Savings Account

RBL Bank Prime Savings Account is a premium savings account to carry out a wide variety of transactions and comes with an array of features.

Particulars	Details
Average Monthly Balance (AMB)	● Rs. 5,000 (Semi Urban) ● Rs. 2,500 (Rural)
Eligibility Criteria	Mandatory PAN Card required
ATM Charges & Monthly withdrawal limit	● Unlimited free transactions at RBL Bank ATMs ● Daily cash withdrawal limit up to Rs. 50,000 ● Daily shopping limit up to Rs. 1 lakh
Debit Card	Titanium MasterCard Debit Card
Other Features	● Net-banking, Mobile Banking ● Higher fixed deposit rates ● Wealth management solutions to meet individual requirements ● Insurance benefits on debit card ● Flexi-banking with a personalized payable-at-par chequebook ● Complete monthly e-statements for your account ● NEFT and RTGS with your facility

8. Executive Savings Account

RBL Bank Executive Savings Account is a zero balance salary account that lets you make the most of your earnings. The account also comes with various exclusive features and minimal charges.

Particulars	Details
Average Monthly Balance (AMB)	Zero Balance Savings Account with no average monthly balance requirement
Eligibility Criteria	· Employment offer letter, employment contract and introduction letter from your company in the Bank’s format (signed and stamped by an authorized signatory is mandatory) · Net monthly salary of Rs. 20,000 – Rs. 50,000
ATM Charges & Monthly withdrawal limit	● Unlimited free cash withdrawals per month in RBL Bank ATMs and a higher free number of transactions at other bank ATMs ● Cash withdrawal limit of Rs. 50,000/day and a shopping limit of Rs. 1 lakh/day with Titanium Master debit card
Debit Card	Option to choose between Visa Classic/Platinum Debit Card/Master Titanium/Platinum Master Debit Card
Other Features	● Net-banking, Mobile Banking, SMS Banking ● Instant internet banking and debit card PIN generation via SMS ● Complimentary cheque book ● Outstation and local cheque collection services ● NEFT and RTGS facility ● One free Demand Draft per month ● SMS and Email alerts on every transaction ● Monthly E-statements ● Safe deposit locker with your facility

9. Basic Savings Account

RBL Bank Basic Savings Account is a zero balance savings account to avail of basic banking services.

Particulars	Details
Average Monthly Balance (AMB)	Nil
ATM Charges & Monthly withdrawal limit	● Unlimited free transactions per month in RBL Bank ATMs ● Cash withdrawal limit of Rs. 50,000 for ATM and Rs. 30,000 for POS
Debit Card	Free RuPay Card
Other Features	● Net banking, Mobile Banking, SMS Banking and alerts ● Free fund transfer using NEFT and RTGS ● 2 Free payable at par cheque books per annum (40 leaves) ● Higher FD rates ● E-statement ● Online bill payment services ● Free damaged card replacement

Some key documents required to open a savings account with RBL Bank are:

• Latest passport size photograph(s)
• Duly filled and signed account opening form
• Identity Proof– Aadhaar Card, Driving License, PAN Card, Voter ID, Senior Citizen Card, or any Government ID Card (any one)
• Address Proof – Passport, Aadhaar Card, Utility Bills, Bank statement with a cheque (any one)

Note: This is not an exhaustive list. RBL Bank may ask for additional documents as deemed necessary depending upon your applicant profile and the account type desired.

Most types of RBL savings account can now be opened online. RBL savings account can be opened online by visiting the RBL website and following a few simple steps.

Step 1: Visit the bank’s website and click on savings account

Step 2: Click on ‘Apply Now’ option in savings account

Step 3: You will be redirected to a page, on the right side of the page, click on ‘Open a savings account’

Step 4: Provide your Aadhaar and PAN card details

Step 5: Choose the type of variant of savings account you want to open

Step 6: Fill in the updated personal details

Step 7: Your account will be opened upon successful verification by the bank

To make this process hassle-free, applicants are requested to keep all their KYC documents scanned to speed up the account opening process.

To open an RBL savings account offline, applicants need to follow the below-mentioned steps.

Step 1: Visit the nearest branch of the bank and fill out the savings account application form

Step 2: The bank official will ask you to share basic details to open your account

Step 3: Choose the type of account you want to open and provide your self-attested Aadhaar and PAN card copies

Step 4: Submit the application form along with other documents and cash deposit slip or demand draft to the bank’s official

Step 5: Your account will be opened upon successful verification by the bank

RBL Bank will provide you with a welcome kit of the type of savings account you have opened. The kit contains all the necessary details to operate your account.

Q1. Is an Aadhaar card mandatory to open an RBL Bank savings account?

No. As per the latest government guidelines, you need not mandatorily provide an Aadhaar Card to open an RBL Bank account. This applies to all banks in the country.

Q2. How frequently is interest credited to my RBL Bank savings account?

Interest earned on your RBL Bank savings account balance is credited to your account every quarter.

Q3. What is RBL MoBank 2.0?

RBL MoBank 2.0 is RBL Bank’s mobile banking application that you can download and use on your phone. It lets you carry out key banking activities such as transferring funds, checking your balance, bill payments, etc. using your mobile phone.

Q4.  Can I change my RBL Bank savings account from one account type to another?Yes, it is possible to change/upgrade your RBL Bank savings account type based on your needs. To get more assistance on the same you can contact your relationship manager, the customer service or visit the nearest RBL Bank branch.

Q5. Can I transfer my RBL Bank savings account to a different branch?

Yes, you can transfer your RBL Bank savings account to a different branch by submitting a duly filled account transfer form.