Two big government banks increased interest on Fixed Deposit, check new interest rates

SBI and PNB Bank: Two big government banks of the country have recently increased the interest on FD (Fixed Deposit – FD). PNB has recently increased the interest on bank FD by 45 basis points i.e. 0.45 percent. However, interest on some FDs has also been reduced. Punjab National Bank is giving FD interest between 3.50% to 7.25% to common citizens.

SBI and PNB Bank: Two big government banks of the country have recently increased the interest on FD (Fixed Deposit – FD). PNB has recently increased the interest on bank FD by 45 basis points i.e. 0.45 percent. However, interest on some FDs has also been reduced. Punjab National Bank is offering FD interest to common citizens between 3.50% to 7.25%. At the same time, the country’s largest government bank SBI increased the interest on Fixed Deposit after 10 months. SBI has increased the interest on FD by 0.50 percent. Check FD rates of both the banks..

Punjab National Bank is giving this much interest on FD less than Rs 2 crore

• 7 days to 14 days: For general public – 3.50 percent; For senior citizens – 4.00 percent
• 15 days to 29 days: For general public – 3.50 percent; For senior citizens – 4.00 percent
• 30 days to 45 days: For general public – 3.50 percent; For senior citizens – 4.00 percent
• 46 days to 90 days: For general public – 4.50 percent; For senior citizens – 5.00 percent
• 91 days to 179 days: For general public – 4.50 percent; For senior citizens – 5.00 percent
• 180 days to 270 days: For general public – 5.50 percent; For senior citizens – 6 percent
• 271 days to less than 1 year: For general public – 5.80 percent; For senior citizens – 6.30 percent
• 1 year: For general public – 6.75 percent; For senior citizens – 7.25 percent
• More than 1 year to 443 days: For general public – 6.80 percent; For senior citizens – 7.30 percent
• 444 days: For general public – 6.80 percent; For senior citizens – 7.30 percent
• 445 to 2 years: For general public – 6.80 percent; For senior citizens – 7.30 percent
• More than 2 years to 3 years: For general public – 7.00 percent; For senior citizens – 7.50 percent
• More than 3 years to 5 years: For general public – 6.50 percent; For senior citizens – 7.00 percent
• From 5 years to 10 years: For general public – 6.50 percent; For senior citizens – 7.30 percent.

State Bank of India (SBI) FD Rates

• 7 days to 45 days: For general public – 3.50 percent; For senior citizens – 4 percent
• 46 days to 179 days: For general public – 4.75 percent; For senior citizens – 5.25 percent
• 180 days to 210 days: For general public – 5.75 percent; For senior citizens – 6.25 percent
• 211 days to less than 1 year: For general public – 6 percent; For senior citizens – 6.50 percent
• 1 year to less than 2 years: For general public – 6.80 percent; For senior citizens – 7.30 percent
• 2 years to less than 3 years: For general public – 7.00 percent; For senior citizens – 7.50 percent
• 3 years to less than 5 years: For general public – 6.75 percent; For senior citizens – 7.25 percent
• From 5 years to 10 years: For general public – 6.50 percent; For senior citizens – 7.50 percent.
• (Under SBI WeCare FD, senior citizens get an extra interest of 0.50 percent on FD of 5 to 10 years.)

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