Interest earned on a savings bank account is chargeable to tax under the head Income from Other sources and deduction of interest is also allowed u/s 80TTA. This deduction is available only if you operate a savings account with a bank- either public, private or that managed by a co-operative society.
- https://life.futuregenerali.in/life-insurance-made-simple/tax-hacks/blogs/section-80tta-deductions/
- India