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If you are planning to invest your savings in bank fixed deposits (FDs), then you are at right place. In this article, we will have a look at which Bank offers highest interest rate on FDs. Here we will compare FD interest rate of all public sector banks in India.
| Bank | FD Interest Rate | Time |
|---|---|---|
| State Bank of India (SBI) | 6.45% | 444 days |
| Punjab National Bank (PNB) | 6.60% | 444 days |
| Bank of Baroda | 6.75% | 555 days |
| Canara Bank | 6.20% | 1 year |
| Union Bank of India | 6.65% | 555 days |
| Indian Bank | 6.80% | 555 days |
| Bank of India | 6.70% | 3 years |
| Central Bank of India | 6.70% | 444 days |
| Indian Overseas Bank | 6.70% | 444 days |
| UCO Bank | 6.60% | 535 days |
| Punjab & Sind Bank | 6.85% | 666 days |
| Bank of Maharashtra | 6.65% | 400 days |
Note: If there is any issue in the interest rate of any Bank please contact us on email: hellobanker.in@gmail.com
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How to open FD in bank?
You can easily open FD by visiting the nearest branch of Bank. Alternatively, you can open FD through mobile application of Bank. The process is simple and FD can be opened in just a few minutes in any bank.
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