The figure was posted at 10pm on the board of the control room set up at the Adhar Chandra High School ground.
Led by the Army, personnel from Fire Services and Red Crescent were continuing the search for bodies while clearing the concrete slabs from the wreckage site.
According to a BBC report, the death toll in Savar was the highest ever in the recent history of building collapses after the fall of twin towers in a terror attack in New York on September 11, 2001.
Prior to that, 502 persons were killed in 1995 a departmental store caved in at Seoul in South Korea. Around one thousand people sustained injuries in the tragedy.
After retrieving the bodies at Savar they were taken to the school ground for identification by relatives. According to Sub-Inspector Farid Uddin, the in-charge of the control room, 431 bodies were handed over to the relatives until 8pm on Friday.