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 the maximum interest on FD?

IOB PAYS THE HIGHEST TO SENIOR CITIZENS  FOR 1 YEAR AMONG PUBLIC SECTOR BANKS

​Dated  04.05.2026 : Indian Overseas Bank is paying the highest rate of 7.00 % pa for the senior citizens for deposits for 1 year. IOB  is also paying the general public the highest rate of 6.50% per annum.

​State Bank of India pays the highest rate of 7.05 % pa to senior citizens for their 5-year deposits. Bank of Baroda is paying the highest rate of 6.30 % pa for 5 years period for the general public

FOR ONE YEAR DEPOSITS
The public sector banks are offering interest rates between 6.00 % % to 7.05 % for public ( 6.50 % to 7.10 % to Senior Citizens ) .
​
FOR 5 YEAR DEPOSITS
​ Public sector banks pay between 5.00 % to 6.30 % (  5.50 % to 7.05 % for senior citizens ) ​​
NOTE :
1. Depositors get DICGC cover of Rs 5.00 lakhs on Bank Deposits as insurance.

2. Interest Rates   quoted are as  of 03.05.2026  and are liable for  changes 

PUBLIC SECTOR BANKS INTEREST RATES  

Interest Rates for 1 year for the General public and Senior Citizens :

1. 
   .BANK OF BARODA – 6.10 % ( 6.60 % for the Senior Citizens )
   02 . BANK OF INDIA  6.25 % ( 6.75 % for the Senior Citizens  & 6.90% for Super Seniors )
   03. BANK OF MAHARASHTRA 6.20 % ( 6.70% for the Senior Citizens )
   04. CANARA BANK 6.25 % ( 6.75 % for the Senior Citizens )
   05.CENTRAL BANK OF INDIA 6.20 % ( 6.70 % for the Senior Citizens )
   06.INDIAN BANK 6.10 % ( 6.60 % for the Senior Citizens )
   07.INDIAN OVERSEAS BANK 6.50 % ( 7.00 % for the Senior Citizens & 7.25 % for Super S senior Citizens  )
   08.PUNJAB & SIND BANK 5.85 % ( 6.35 % for the Senior Citizens )
   09.PUNJAB NATIONAL BANK 6.25 % ( 6.75 % for the Senior Citizens & 7.05 % for Super Seniors )
   10.STATE BANK OF INDIA 6.25 % ( 6.75 % for the Senior Citizens )
   11.UCO BANK 6.10 % ( 6.35 % for the Senior Citizens )
   12.UNION BANK OF INDIA 6.25 % ( 6.75 % for the Senior Citizens & 7.15 % for Super Seniors )

PUBLIC SECTOR BANK INTEREST RATES FOR 5-YEAR DEPOSITS :

Interest Rates for 5 years for the General public and Senior Citizens :

1..BANK OF BARODA – 6.30% ( 6.90 % for the Senior Citizens and 7.00 % 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  5.00 % ( 5.50 % for the Senior Citizens )
04. CANARA BANK 6.25 % ( 6.75 % for the Senior Citizens )
05. CENTRAL BANK OF INDIA 6.00 % ( 6.50 % for the Senior Citizens )
06. INDIAN BANK 6.00 % ( 6.50 % for the Senior Citizens )
07. INDIAN OVERSEAS BANK 6.10 % ( 6.60 % for the Senior Citizens and 6.85 % super seniors)
08. PUNJAB & SIND BANK  5.95 % ( 6.45% for the Senior Citizens )
09. PUNJAB NATIONAL BANK 6.10 % ( 6.60% for the Senior Citizens and 6.90 % super seniors )
10. STATE BANK OF INDIA 6.05 % ( 7.05 % for the Senior Citizens )
11. UCO BANK 6.00% ( 6.50 % for the Senior Citizens )
12. UNION BANK OF INDIA 6.00 % ( 6.50 % for the Senior Citizen and 6.75  % super seniors )

SPECIAL SCHEMES OF BANKS FOR A SPECIAL PERIOD :

a. Bank of India offers 7.10 % for 450days for the Senior Citizens ( General public 6.60 % ) and 7.25 % for Super senior citizens  

b.​ Bank of Maharashtra offers 7.15 % for 400 days for the Senior Citizens ( General public 6.65 % ) and Interest rates of 6.65 % for 1777 days for the Senior Citizens ( General public 6.05% ) .

c. Canara Bank offers 6.95 % for 444 days for the Senior Citizens ( General public 6.45 % )   and 7.00 % for 555  days for the Senior Citizens ( General public 6.50% )

d. The Central Bank of India offers 6.80  % for 444 days for the Senior Citizens ( General public 6.30 % ) , 6.80 % for 555 days for the Senior Citizens ( General public 6.30 % )     . It also offers   

6.75 % for 1111 days for the Senior Citizens ( General public 6.25 %)  ,7.00 %  for 2222, 3333  days for the Senior Citizens ( General public 6.50 % )   

      ​e. Indian Bank offers

1. 7.10 % for 444 days for the Senior Citizens ( General public 6.60 % ) and 7.35 % pa for super senior citizens
2. 6.90  % for 555 days for the Senior Citizens ( General public 6.40 % ) and 7.15 % pa for super senior citizens

​f.  Indian Overseas Bank offers 7.10 % for 444 days for the Senior Citizens ( General public 6.60 % )

​g. Punjab & Sind Bank offers 7.20 % for 444 days for the senior citizens ( General public 6.70 % ) , & 6.50 % for 777 Days for the senior citizens ( General public 6.00% ) 

Super Senior citizens will  get 0.15% additional to the above rates for Senior Citizens . 

h. Punjab National Bank offers 6.05 % for 303 days for the Senior Citizens ( General public 5.55  % & Super Seniors 6.35% ) & 6.55 % for 1204 days for the Senior Citizens ( General public 6.05 % & Super Seniors 6.85  % ) . PNB also has special rates for 155  and  303 days

i. Uco Bank offers 6.95 % for 444 days for the Senior Citizens ( General public 6.45 % ) ,

j. Union Bank of India offers 6.65% for 997  days for the Senior Citizens ( General public 6.15  % and 6.90 %for  super seniors )

To find the latest interest rates offered by individual banks for various maturities, click the bank name to reach its website. ( Banks listed alphabetically )

1. .BANK OF BARODA

02.BANK OF INDIA

03.BANK OF MAHARASHTRA

4. 04. CANARA BANK

05.CENTRAL BANK OF INDIA

06.INDIAN BANK

07INDIAN OVERSEAS BANK 

08.PUNJAB & SIND BANK

09.PUNJAB NATIONAL BANK

10.STATE BANK OF INDIA

11.UCO BANK

12.UNION BANK OF INDIA

For Fixed Deposits interest rates of the Private Sector banks , CLICK HERE

For Fixed Deposits interest rates of the Small Finance banks , CLICK HERE