Savings account interest rates of up to 7%: Canara Bank, Bank of India, IDFC First Bank revise rates; check details

Canara Bank, Bank of India, and IDFC FIRST Bank have announced updates to their savings account interest rates, which will take effect on September 1 and September 5, 2026. Canara Bank will offer interest from 2.50% to 4%, while Bank of India presents a range of 2.50% to 6.25%. IDFC FIRST Bank tops with rates from 2.50% to an impressive 7.00%, depending on the deposit amount.