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Savings Account Interest Rates April 2025: ICICI Bank Vs HDFC Vs Axis Bank Vs SBI

  • Several banks including Axis Bank, HDFC Bank, and ICICI Bank have lowered savings account interest rates in April 2025.
  • HDFC Bank reduced the interest rate on its savings account to 2.75% from April 12.
  • Axis Bank lowered the rates to 2.75% for balances below Rs 50 lakh and 3.25% for accounts holding above Rs 50 lakh.
  • ICICI Bank decreased the interest rate on its savings account to 2.75%, effective from April 16.

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