BANK INTEREST RATE: Government PNB and CANARA bank increased their FD interest rates, People will get direct benefit

By

Vikram Singh

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-

Also Read: Good news came for central employees as soon as the government was formed, a proposal of 50% pension guarantee

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
Bank FD interest rates

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.

Also Read: Business Updates: The number of new EPFO ​​members has declined

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

Vikram Singh के बारे में
Vikram Singh Vikram Singh is a skilled content writer with a passion for crafting engaging and informative articles. He boasts 3 years of experience in the industry, tackling a diverse range of topics including personal finance, government schemes (Yojana), automotive news, technology trends, and the ever-evolving business landscape. Vikram's ability to adapt his writing style to cater to each subject ensures his readers receive clear and valuable information, regardless of the category. Read More
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