BANK INTERES INCRESED: There are many investment options available in today’s era, but the fixed deposit (FD) of government banks has always been considered reliable among the people. Along with security, getting good interest is also the main attraction of this scheme.
If you also want to get good returns on your savings, then Punjab National Bank (PNB) and Canara Bank can prove to be a great option for you. Let us know in detail how much interest these two banks are paying-
Canara Bank FD Rates
Canara Bank increased the interest rates on domestic fixed deposits of less than Rs 3 crore on June 11. The special thing is that the bank is giving more interest to senior citizens than to common citizens. The highest interest rate is being given on a special FD of 444 days. The interest rate for common citizens is 7.25% and for senior citizens, it is 7.75%.
![Bank FD interest rates](https://www.timesbull.com/wp-content/uploads/2024/05/Bank-FD-interest-rates-3-jpg.webp)
Punjab National Bank FD Rates
Punjab National Bank is paying the highest interest on a special FD of 400 days. On June 10, the bank changed the interest rates of domestic term deposits (FD) i.e. fixed deposits of less than Rs 3 crore. On a 400-day fixed deposit, common citizens are getting 7.25% interest and senior citizens are getting 7.75% interest. Not only this, super senior citizens can get up to 8.05% interest.
PNB FD rates according to the period
On 1204 days special FD scheme – 6.40% interest to common citizens and 6.90% interest to senior citizens
On 1895 days special deposit – 6.35% interest to common citizens and 7.15% interest to senior citizens
On 1 year FD – 6.35% interest to common citizens