Back
🏦
Savings Account Interest
Daily-balance method.
Total Interest Earned
₹3,500
Per Day
₹10
Taxable (above ₹10K, Sec 80TTA)
₹0
Banks calculate interest on daily closing balance and pay quarterly. Section 80TTA: ₹10,000/yr exempt for individuals (₹50,000 for senior citizens under 80TTB).
Want a closer look at your savings account interest numbers?
This is an estimate to plan with, not a loan offer. Compare it against the other calculators before you commit to anything.