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Suryoday Small Finance Bank raises savings rates up to 7.60 from May 1, 2026 slabs

Economy
Published on 4 May 2026
Suryoday Small Finance Bank raises savings rates up to 7.60 from May 1, 2026 slabs

New slabs decide how much interest you actually earn

Suryoday Small Finance Bank has revised its savings and fixed deposit rates, effective May 1, 2026. Savings accounts can now earn up to 7.60% interest, but only on higher balances under updated interest slabs. If you’re parking money in a savings account, the tier you fall into will determine your actual return from the new rates.

  • Suryoday Small Finance Bank revised savings rates effective May 1, 2026
  • Savings interest can go up to 7.60% on higher balances
  • Revised slabs determine the interest you receive
  • Fixed deposit rates were also updated alongside savings
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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