SBI vs PNB vs Bank of Baroda: Which Govt Bank Offers Highest FD Interest After Budget 2025?

When it comes to investment, the first thing that comes to mind is FD (Fixed Deposit). Investing in an FD means your money stays safe, and you get guaranteed returns. If you are also planning to open an FD, let’s find out which government bank—SBI, PNB, or Bank of Baroda—is offering the highest interest on FD.

Bank of Baroda

Bank of Baroda offers the highest interest rate of 7.3% on FDs. They offer 6.85% interest on 1-year FDs and 7.15% on 3-year FDs.

Bank of India

Bank of India provides the highest interest rate of 7.3% on FDs. The interest rate is 6.80% for 1-year FDs and 6.5% for 3-year FDs.

Bank of Maharashtra

Bank of Maharashtra offers the highest interest rate of 7.45% on FDs. The 1-year FD interest rate is 6.75%, while 3-year FDs offer 6.5% interest.

Canara Bank

Canara Bank provides a maximum interest rate of 7.4% on FDs. For 1-year FDs, the interest rate is 6.85%, and for 3-year FDs, it is 7.4%.

Central Bank of India

The highest FD interest rate offered by the Central Bank of India is 7.5%. The 1-year FD gives 6.85% interest, and the 3-year FD offers 7% interest.

Indian Bank

Indian Bank provides the highest interest rate of 7.3% on FDs. Customers get 6.1% on 1-year FDs and 6.25% on 3-year FDs.

Indian Overseas Bank

Indian Overseas Bank offers the highest interest rate of 7.3% on FDs. The 1-year FD has an interest rate of 7.1%, while 3-year FDs provide 6.5%.

Punjab and Sindh Bank

Punjab and Sindh Bank customers can avail of the highest interest rate of 7.45% on FDs. The interest rate for 1-year FDs is 6.3%, and for 3-year FDs, it is 6%.

Punjab National Bank

Punjab National Bank offers the highest interest rate of 7.25% on FDs. The 1-year FD offers 6.8% interest, while the 3-year FD offers 7%.

State Bank of India

State Bank of India offers an interest rate of 7.25% on FDs, with 6.8% on 1-year FDs and 7.75% on 3-year FDs.

UCO Bank

UCO Bank offers the highest interest rate of 7.3% on FDs. The interest rate for 1-year FDs is 6.5%, and for 3-year FDs, it is 6.3%.

Union Bank of India

Union Bank of India offers the highest interest rate of 7.3% on FDs. The interest rate for 1-year FDs is 6.8%, and for 3-year FDs, it is 6.7%.