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FD Rates Hike: These government banks have increased FD rates in 2024, see where you will get more profits

Fixed Deposit Interest Rates 2024: Punjab National Bank has also increased the interest rates on one of its tenures (PNB fd rates hike) just this week. Apart from this, SBI, Bank of Baroda, Union Bank have also increased their FD rates. Here you can see the list of FD rates of these banks.

Central Bank RBI has not made any change in the policy interest rates since the last several Monetary Policy Committees, but despite this, changes are being made in MCLR (marginal cost of lending rate) and fixed deposit interest rates by the banks. Have been. Many banks have increased MCLR (MCLR hike), due to which loans may become expensive, while many banks have also benefited their customers by increasing the interest rate on fixed deposits. Many government banks have also increased the interest rates on their fixed deposits. Punjab National Bank has also increased the interest rates on one of its tenures this week (PNB fd rates hike). Apart from this, SBI, Bank of Baroda, Union Bank have also increased their FD rates. If you have also invested in these big banks, then you are going to get higher returns on your deposits. And if you are going to do so then you can choose the right bank for yourself according to the rate.

PNB FD Interest Rates 2024

  • Interest is being given at the rate of 3.5 percent on FD of 7 days to 14 days.
  • Interest is being given at the rate of 3.5 percent on FD of 15 to 29 days.
  • Interest is being given at the rate of 4.5 percent in 30 to 45 days.
  • Interest is being given at the rate of 4.5 percent on FD of 46 to 60 days.
  • Interest is being given at the rate of 4.5 percent on FD of 61 to 90 days.
  • Interest on FDs of 91 to 179 days is also available at the rate of 4.5 percent.
  • Interest is being given at the rate of 6 percent on FD of 180 to 270 days.
  • Interest is available at the rate of 6.25 percent on FDs of 271 days to 299 days.
  • Interest on FD of 300 days is available at the rate of 7.05 percent.
  • Interest is being given at the rate of 6.25 percent on FD of 301 days to less than 1 year.
  • Interest is being given at the rate of 6.75 percent on 1 year FD.
  • Interest on FD of 1 year to 399 days is available at the rate of 6.8 percent.
  • Interest is available at the rate of 7.25 percent on FD of 400 days.
  • Interest is being given at the rate of 6.8 percent on FD of 401 days to 2 years.
  • Interest is being given at the rate of 7 percent on FD for 2 to 3 years.
  • Interest is being given at the rate of 6.5 percent on FD for 3 to 5 years.
  • Interest is being given at the rate of 6.5 percent on FD of 5 years to 10 years.

SBI FD Interest Rates 2024

The bank has increased the rates on deposits by 25 to 50 basis points in some tenures, which means that now you are going to get more benefits on deposits. These new interest rates have also come into effect from December 27. State Bank of India has increased the interest rates on FDs below Rs 2 crore.

  • 3.50 percent interest is being given on FD of 7 to 45 days.
  • 4.75 percent interest is being given on FD of 46 days to 179 days.
  • 5.75 percent interest is being given on FD of 180 days to 210 days.
  • 6% interest is being given on FD of less than 1 year for 211 days.
  • 6.80 percent interest is being given on FD of 1 year to less than two years.
  • 7 percent interest is being given on FD of 2 years to less than 3 years.
  • 6.75 percent interest is being given on FD of 3 years to less than 5 years.
  • 6.50 percent interest is being given on FD of 5 years to 10 years.

Bank of Baroda FD Interest Rates 2024

Bank of Barodi is offering interest ranging from 4.25 percent to 7.25 percent on FD. Let us know how much interest is being given for which period.

  • 4.25 percent interest is being given on FD of 7 days to 14 days.
  • On making FD for 15 days to 45 days, you will get 4.50 percent interest.
  • The bank is giving 5.50 percent interest on FDs of 46 days to 90 days.
  • On making FD for 91 days to 180 days, you will get interest at the rate of 5.6 percent.
  • Interest of 5.75 percent is being offered on FDs of 181 days to 210 days.
  • 6.15 percent interest is being given on FD of 211 days to 270 days.
  • If you make FD for 271 days to less than 1 year, you will get 6.25 percent interest.
  • The bank is giving 6.85 percent interest on 1 year FD.
  • 6.85 percent interest is being given on FD of 1 year to 2 years.
  • 7.25 percent interest is being given on FD of 2 years to 3 years.
  • You will get 6.50 percent interest on FD from 3 years to 10 years.
  • Whereas on tenure of more than 10 years you will get 6.25 percent interest.
  • 7.15 percent interest is being given on 399 day FD.

Union Bank FD Interest Rates 2024

Earlier, the interest rates had been increased by 25 basis points by Union Bank. These new FD rates have been implemented from December 27, which have been increased for FDs of less than Rs 2 crore. Due to this, the bank is now offering interest ranging from 3 percent to 7.25 percent on FDs of 7 days to 10 years. Senior citizens are being given additional interest of 0.50 percent.

  • 3 percent interest is being given on FD of 7 days to 45 days.
  • The bank is giving 4.05 percent interest on FD of 46 days to 90 days.
  • On making FD for 91 days to 120 days, you will get interest at the rate of 4.30 percent.
  • You will get 4.40 percent interest on FD of 121 days to 180 days.
  • If you make FD between 181 days to less than 1 year, you will get 5.25 percent interest.
  • The bank is giving 6.75 percent interest on 1 year FD.
  • 6.75 percent interest is being given on FDs of more than 1 year to 398 days.
  • 7.25 percent interest is being given on 399 day FD.
  • You will get 6.5 percent interest on tenure ranging from 400 days to 10 years.
Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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