Personal Finance These banks offer up to 7.5% interest rate on savings accounts Updated : August 15, 2020 11:44 AM IST Interest rates on savings accounts in the case of small finance banks are higher for both regular citizens and senior citizens. Equitas Small Finance Bank offers a rate of 3.50 percent on balances up to Rs 1 lakh. Ujjivan Small Finance Bank offers an interest rate of 4 percent for the balance of up to Rs 1 lakh Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.