SBI Savings Bank Account Holders With Rs 1 Lakh Plus Balance To Earn Lesser Interest From Today ndtv.com

State Bank of India, the country's largest lender, has reduced interest rate on savings bank accounts with balance of Rs. 1 lakh or more from today. The State Bank of India customers with Rs. 1 lakh or more in their savings account will earn an interest of 3.25 per cent, State Bank of India noted on its website www.sbi.co.in. Meanwhile, customers with less than Rs. 1 lakh in their savings bank accounts will continue to earn interest at the rate of 3.50 per cent, the Mumbai-based lender said.