HSBC India Savings Account interest rates · November 2026
What would I earn at HSBC?
Enter a whole-rupee balance from ₹1 to ₹10 crore.
How this estimate works
Estimates use a steady balance and simple annual interest. Where the published bands give different results, we show two estimates: applying rates to each portion of the balance, and applying the selected rate to the entire balance. Confirm the method with the bank. The comparison table below uses its existing whole-balance estimate with quarterly compounding, so its figures can differ.
For insured banks, DICGC coverage for eligible deposits includes principal and accrued interest, up to ₹5 lakh across deposits held at the same bank in the same right and capacity. Deposit insurance details ↗
What if I put some in a 1-year FD?
Estimates are before tax. Check early withdrawal terms before choosing an FD.
Showing 1 of 2 rates.
| Tenure | General | Senior | Applies to | Effective On | Source |
|---|---|---|---|---|---|
Any tenure Up to ₹10 crore |
2.00% | 2.00% | Up to ₹10 crore | 13 Sept 2021 ✓ verified 14 Nov 2026 | official fetched 27 Oct 2026 |
Any tenure Above ₹10 crore |
2.50% | 2.50% | Above ₹10 crore | 13 Sept 2021 ✓ verified 14 Nov 2026 | official fetched 27 Oct 2026 |
No rates match these filters.
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How much should I keep accessible?
Use your usual balance to compare savings interest, or test keeping some money accessible and putting the rest in an FD.
See balance examples
HSBC savings account return examples
| Balance | Rate | Interest | Per month |
|---|---|---|---|
| ₹10,000 | 2.00% | ₹202a year | ₹17a month |
| ₹50,000 | 2.00% | ₹1,008a year | ₹84a month |
| ₹1 lakh | 2.00% | ₹2,015a year | ₹168a month |
| ₹5 lakh | 2.00% | ₹10,075a year | ₹840a month |
| ₹10 lakh | 2.00% | ₹20,151a year | ₹1,679a month |
| ₹25 lakh | 2.00% | ₹50,376a year | ₹4,198a month |
Open a figure in the savings calculator. Darker shade = higher rate. These examples use the published rate on the whole balance and quarterly compounding. Some banks apply each rate only to the portion of the balance in its band. Rates as of 14 Nov 2026. DICGC’s limit includes eligible balances and accrued interest held at the same bank in the same right and capacity.
Before you book
HSBC Savings: frequently asked questions
What is the highest HSBC Savings interest rate?
As of 14 Nov 2026, HSBC India offers up to 2.50% p.a. on its savings account (Above ₹10 crore) for general customers. Rates below are as published by the bank. Confirm with HSBC before investing.
When did HSBC last change its Savings rates?
RateScan.in has recorded no change to HSBC India's savings account rates since it started tracking them on 27 Oct 2026.
Does HSBC pay different savings account rates by deposit size?
Yes. HSBC India's table lists separate bands: Up to ₹10 crore; Above ₹10 crore. Each row shows the band it applies to.
Is my savings account with HSBC insured?
Deposits with HSBC India are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).
How current are these HSBC rates?
RateScan.in refreshed this dataset on 14 Nov 2026; the bank's rates shown here are effective 13 Sept 2021. Rates can change without notice, so verify on the official HSBC website before investing.
More HSBC rates
Savings rates at other banks
Good to know
- Deposits with HSBC India are insured by DICGC up to ₹5,00,000 per depositor per bank (principal and interest combined, across all its branches). Anything above that is not insured.
- HSBC is a foreign bank operating in India, regulated by the RBI.
- Senior citizens (60+) earn up to 0.50% p.a. more than general customers at HSBC, depending on the tenure.
- HSBC's FD table includes 6 special schemes; check eligibility and end dates.
Informational only. Always confirm the current rate on the official HSBC website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.
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