Savings accounts with Borrow Bank are an excellent way to earn interest while you still maintain easy access to your money with internet banking and our mobile app.
Borrow Life Savings
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- Earn up to 2.30% p.a. variable interest rate, including:
- 1.50% p.a. standard variable base rate plus
- 0.80% p.a. variable bonus rate each month you grow your balance.
- Enjoy a competitive base rate plus bonus interest each month you grow your balance.
- Unlimited and instant access to your money online through your Borrow everyday account
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Unlimited transfers
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Competitive base rate
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Savings Goals
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- Be aged 18+ (if you’re under 18, check out our Borrow Savings account); and
- Have a everyday account.
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| Total variable interest rate | Rate of Interest |
|---|---|
| Saving Deposits Balance upto Rs. 1 crore. | 3.50% p.a |
| Saving Deposits Balance above Rs. 1 crore. | 4.00% p.a |
| Standard fees (fees may change) | Amount |
|---|---|
| Monthly service fee | $0 |
| Online Banking withdrawal | $0 |
| Telephone Banking withdrawal (self service) | $0 |
| Telephone Banking withdrawal (staff assisted) | $2.25 |
| Branch staff assisted withdrawal | $2.25 |
| ATM transactions | N/A |
| Account overdrawn fee | N/A |
| Outward dishonour fee | N/A |
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800-123-456 / 789
