The average savings account interest rate in India has been around 3-3.5% in the duration of the years mentioned in your question.
Note: This % rate varies from country to country
The average interest rate on savings accounts is 3.5 to 4%
The average savings interest rate in banks is 3.5 to 4%
average savings account rate in 1995?
77%
The Average savings account yield would be 3.5% per year from 2008 onwards. It was the same until 2010. In 2011 the Reserve Bank increased the savings account interest rate to 4%. This makes India the country that offers the highest interest rate on savings account.
The average interest rate on savings accounts is 3.5 to 4%
The average savings interest rate in banks is 3.5 to 4%
average savings account rate in 1995?
5.6
77%
If you are investing in a savings bond, you wish for it to have a high rate of interest. If you are selling savings bonds, you wish it to be at a low rate of interest.
The Average savings account yield would be 3.5% per year from 2008 onwards. It was the same until 2010. In 2011 the Reserve Bank increased the savings account interest rate to 4%. This makes India the country that offers the highest interest rate on savings account.
The average interest rate paid on savings accounts in India has been around the 3% mark for many years. However, recently it was hiked to be 4% in India which is the highest of any interest offered on savings accounts by banks in the world. So, my guess is that it should have been 3 or 3.5% in 1986.
WaMu is the best provider of High Interest Rate Savings Accounts.
You could get the calculation of your interest rate in your savings account online. They have calculators online that can help you find your interest rate.
The interest rate on savings is very similar around the country. In Boston the interest rate is .89%
The most accurate information regarding average interest rates for savings accounts is through the Bank of Canada. They are in charge of the monetary policy for the country, and will provided the most accurate information.