Rates verified from official source

India Post Payments Bank Savings Account interest rates · November 2026

What would I earn at IPPB?

Estimated interest in one year · before tax —  

  Savings rate source ↗

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 ↗

Compare this balance →
Deposit amount

Showing 1 of 2 rates.

TenureGeneralSeniorApplies toEffective OnSource
Any tenure
Up to ₹1 lakh
2.00% 2.00% Up to ₹1 lakh
unavailable
✓ verified 13 Nov 2026
official
fetched 29 Oct 2026

Compare IPPB savings account returns with other banks

Choose up to five banks and compare returns at different balances.

Loading comparison…

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

IPPB savings account return examples

BalanceRateInterestPer month
₹10,000 2.00% ₹202a year ₹17a month
₹50,000 2.00% ₹1,008a year ₹84a month
₹1 lakh 2.25% ₹2,269a year ₹189a 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

IPPB Savings: frequently asked questions

What is the highest IPPB Savings interest rate?

As of 14 Nov 2026, India Post Payments Bank offers up to 2.25% p.a. on its savings account (Above ₹1 lakh up to ₹2 lakh) for general customers. Rates below are as published by the bank. Confirm with IPPB before investing.

See today's top interest rates →

When did IPPB last change its Savings rates?

RateScan.in has recorded no change to India Post Payments Bank's savings account rates since it started tracking them on 29 Oct 2026.

Rate movements →

Does IPPB pay different savings account rates by deposit size?

Yes. India Post Payments Bank's table lists separate bands: Up to ₹1 lakh; Above ₹1 lakh up to ₹2 lakh. Each row shows the band it applies to.

Is my savings account with IPPB insured?

Deposits with India Post Payments Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).

How current are these IPPB rates?

RateScan.in refreshed this dataset on 14 Nov 2026. Rates can change without notice, so verify on the official IPPB website before investing.

Rate movements →

Good to know

India Post Payments Bank is an RBI-licensed payments bank: it offers savings accounts only, no fixed or recurring deposits, and caps balances at ₹2 lakh per customer. Deposits are insured by DICGC up to ₹5,00,000 per depositor (principal + interest).

Informational only. Always confirm the current rate on the official IPPB 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.