FD INTEREST RATES OF PUBLIC SECTOR BANKS
CONSIDERED SAFEST
FD RATES OF PUBLIC SECTOR BANKS CONSIDERED SAFEST
COMPARITIVE FD INTEREST RATES OF PUBLIC SECTOR BANKS
Which bank pays maximum interest on FD?
IOB PAYS HIGHEST FOR 1 YEAR AMONG PUBLIC SECTOR BANKS
Dated 28.02.2025 : Indian Overseas Bank is paying the highest rate of 7.6 % pa for the senior citizens for deposits for 1 year. It's also paying the general public the highest rate of 7.10 % pa.
State Bank of India pays the highest rate of 7.5 % pa to senior citizens for their 5-year deposits. Bank of Baroda is paying the highest rate of 6.80 % pa for 5 years period for the general public
FOR ONE YEAR DEPOSITS
The public sector banks are offering interest rates between 6.10 % % to 7.10 % for public ( 6.60 % to 7.60 % to Senior Citizens ) .
FOR 5 YEAR DEPOSITS
Public sector banks pay between 6.00 % to 6.80 % ( 6.50 % to 7.50 % for senior citizens )
NOTE :
1. Depositors get DICGC cover of Rs 5.00 lakhs on Bank Deposits as insurance .
INTEREST RATES FOR 1 YEAR :
PUBLIC SECTOR BANKS INTEREST RATES
Interest Rates for 1year for General public and Senior Citizens :
1. .BANK OF BARODA - 6.85 % ( 7.35 % for the Senior Citizens )
02 . BANK OF INDIA 6.80 % ( 7.30 % for the Senior Citizens )
03. BANK OF MAHARASHTRA 6.75 % ( 7.25 % for the Senior Citizens )
04. CANARA BANK 6.85 % ( 7.35 % for the Senior Citizens )
05.CENTRAL BANK OF INDIA 6.85 % ( 7.35 % for the Senior Citizens )
06.INDIAN BANK 6.10 % ( 6.60 % for the Senior Citizens )
07.INDIAN OVERSEAS BANK 7.10 % ( 7.60 % for the Senior Citizens )
08.PUNJAB & SIND BANK 6.30 % ( 6.80 % for the Senior Citizens )
09.PUNJAB NATIONAL BANK 6.80 % ( 7.30 % for the Senior Citizens & 7.60 % for Super Seniors )
10.STATE BANK OF INDIA 6.80 % ( 7.30 % for the Senior Citizens )
11.UCO BANK 6.50 % ( 6.75 % for the Senior Citizens )
12.UNION BANK OF INDIA 6.80 % ( 7.30 % for the Senior Citizens )
PUBLIC SECTOR BANK INTEREST RATES FOR 5 YEARS DEPOSITS :
Interest Rates for 5 years for General public and Senior Citizens :
1. .BANK OF BARODA - 6.80% ( 7.40 % for the Senior Citizens and 7.50 % for super senior citizens )
02. BANK OF INDIA 6.00 % ( 6.75 % for the Senior Citizens and 6.90 % for super senior citizens )
03. BANK OF MAHARASHTRA 6.50 % ( 7.00 % for the Senior Citizens )
04. CANARA BANK 6.70 % ( 7.20 % for the Senior Citizens )
05. CENTRAL BANK OF INDIA 6.75 % ( 7.25 % for the Senior Citizens )
06. INDIAN BANK 6.25 % ( 6.75 % for the Senior Citizens )
07. INDIAN OVERSEAS BANK 6.50 % ( 7.00 % for the Senior Citizens and 7.25 % super seniors)
08. PUNJAB & SIND BANK 6.00 % ( 6.50% for the Senior Citizens )
09. PUNJAB NATIONAL BANK 6.50 % ( 7.00 % for the Senior Citizens and 7.30 % super seniors )
10. STATE BANK OF INDIA 6.50 % ( 7.50 % for the Senior Citizens )
11. UCO BANK 6.20% ( 6.70 % for the Senior Citizens )
12. UNION BANK OF INDIA 6.50 % ( 7.00 % for the Senior Citizens )
SPECIAL SCHEMES OF BANKS FOR SPECIAL PERIOD :
1. Bank of Baroda
a. offers 7.80 % & 7.90 % PA for 400 days for the Senior Citizens & Super senior citizens, respectively General public 7.30 % )
2. Bank of Maharashtra offers 7.40 % for 200 days for the Senior Citizens ( General public 6.90 % ) and 7.95 % for 366 days , only for the Senior Citizens ( General public 7.45 % ) . Interest rates of 7.90 % for 555 days for the Senior Citizens ( General public 7.40 % ) .
3. Canara Bank offers 7.75 % for 444 days for the Senior Citizens ( General public 7.25 % )
.
4. Central Bank India offers
1. 7.95 % for 444 days for the Senior Citizens ( General public 7.45 % )
7.75 % for 555 days for the Senior Citizens ( General public 7.25 % )
3. 7.00 % for 999 days for the Senior Citizens ( General public 6.50 % ) .
5. Indian Bank offers
1. 7.80 % for 400 days for the Senior Citizens ( General public 7.30 % ) and 8.05 % pa for super senior citizens
2. 7.55 % for 300 days for the Senior Citizens ( General public 7.05 % ) and 7.80 % pa for super senior citizens
6. Indian Overseas Bank offers 7.80 % for 444 days for the Senior Citizens ( General public 7.30 % )
7. Punjab & Sind Bank offers 7.80 % for 444 days for the senior citizens ( General public 7.30 % ) , & 7.75 % for 777 Days for the senior citizens ( General public 7.25 % )
8 . Punjab National Bank offers 7.50 % for 303 days for the Senior Citizens ( General public 7.00 % & Super Seniors 7.80 % ) & 6.90 % for 1204 days for the Senior Citizens ( General public 6.40 % & Super Seniors 7.20 % )
9. Uco Bank offers 7.55 % for 400 days for the Senior Citizens ( General public 7.05 % ) .
9 . Union Bank of India offers 7.50% for 399 days for the Senior Citizens ( General public 7.00 % ) .
To know the latest interest rates offered by individual banks for various maturities , click on the name of the bank to reach their websites . ( Banks listed alphabetically )
1. .BANK OF BARODA
02.BANK OF INDIA
03.BANK OF MAHARASHTRA
04. CANARA BANK
05.CENTRAL BANK OF INDIA
06.INDIAN BANK
07.INDIAN OVERSEAS BANK
08.PUNJAB & SIND BANK
09.PUNJAB NATIONAL BANK
10.STATE BANK OF INDIA
11.UCO BANK
12.UNION BANK OF INDIA
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