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The 0.01% interest rate offered with this savings account is about 0.12% lower than the market average interest rate. A high-yield savings account will provide better returns on your deposits.
The Interest rate on UBI Tax Saving Schemes and NRE/NRO Deposits shall be aligned as per the above proposed rates for Domestic Retail Term Deposits. But, no staff benefit will be applicable for United Tax Savings Deposit Scheme.he Interest rate on UBI Tax Saving Schemes and NRE/NRO Deposits shall be aligned as per the above proposed rates for Domestic Retail Term Deposits. But, no staff benefit will be applicable for United Tax Savings Deposit Scheme.