PSU Bank FD Interest Rates: Many people opt for fixed deposits for guaranteed returns. Investing in these schemes offers security as well as attractive interest. Are you going to invest? Know the interest rate.
PSU Bank FD Interest Rates: At present, several state-owned banks offer high interest rates on fixed deposits. Investors are getting high interest especially in case of non-callable deposits. SBI’s ‘Sarvottam’ deposits earn huge interest. On the other hand, Canara Bank, PNB, and Bank of Baroda also currently offer attractive fixed deposit interest rates.
State Bank of India
Is the best FD of this state-owned bank offering high interest. But it is non callable deposit. Customers cannot withdraw money before expiry of this deposit. A minimum investment of more than Rs.15 lakhs is required in SBI Sarvottam FD. Under 60s will get interest rates of 7.1 and 7.4 per cent respectively if they invest in this scheme for a period of one and two years. Meanwhile, senior citizens will get 7.6 and 7.9 percent interest on investments for those two periods.
Canara Bank
Offers an interest rate of 7.05 percent for investments in this state-owned bank for a tenure of less than one to two years. In case of seniors, 7.55 percent interest will be available for that period. But investing for 444 days will earn 7.4 percent interest. 60-year-olds will get 7.9 percent interest rate during that period.
Bank of Baroda
7 percent interest will be earned on investments for less than one to two years. An interest rate of 7.3 percent is available for terms of less than two to three years. Get 6.75 percent interest for a period of three years one day to ten years. 7.4 percent interest rate is available on Baroda Tricolor Plus Deposit Scheme for 399 days. Seniors will get 7.80 percent interest with this bank for a tenure of less than two to three years. Get 7.40 percent interest rate for three years one day to five years. 7.75 percent interest is available for ten years from one day to five years. But the Baroda Tricolor Plus Deposit Scheme will get an interest rate of 7.90 percent.
Punjab National Bank
This state-owned bank offers 7.3 percent interest on investments for 444 days. Also in case of less than two years one day to three years you will get 7.05 percent interest rate. The bank is offering 7.8 percent interest on investments for seniors for 444 days. 7.55 percent interest rate is available for terms less than two years one day to three years. PM Kisan: Good news for the farmers! The amount of Samman Nidhi may increase, know when will 2000-2000 of the 15th installment come into the account?
