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FD Rates Revised. Here Are The Latest Interest Rates Offered By Public Sector Banks

Team BankBazaar
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Many prominent banks have recently revised their fixed deposit interest rates. Banks usually lower the fixed deposit interest rates whenever there is fall in key interest rate and surplus liquidity. Here’s a look at the latest interest rates offered by some of India’s leading public sector banks on fixed deposits of various tenures.

BANK FD INTEREST RATES
Bank <1 Year >=1 to <=2 2 to <=3 3 to <=5
Allahabad Bank 6.75 6.6 6.45 6.35
Andhra Bank 6 6.6 6.5 6.5
Bank of Mah 5.75 6 5.75 5.5
BOB 5.95 6.4 6.4 6.25
BOI 6 6.4 6.25 6.25
Canara Bank 6.2 6.5 6.25 6.25
CBOI 6 6.4 6.25 6.25
Corp Bank 6.3 6.65 6.5 6.5
Dena Bank NA NA NA NA
IDBI Bank 6 6.45 6.25 6.25
Indian Bank 6 6.5 6.5 6.5
IOB 6.25 6.4 6.4 6.4
OBC 6 6.5 6.5 6.5
PNB 6.1 6.4 6.25 6.25
Punjab & Sind 6.4 6.55 6.45 6.45
SBI 5.8 6.25 6.25 6.25
Syndicate Bank 5.75 6.6 6.25 6.25
UCO Bank 6 6.3 6.3 6.25
Union Bank 6.25 6.6 6.4 6.45
United Bank 6 6.5 6.25 6
Vijaya Bank NA NA NA NA

Data taken from respective bank’s website as on 12 Nov 19. For each year range, maximum offered interest rate is considered; Interest Rate for normal fixed deposit amount below Rs 1 Cr. Compiled by BankBazaar.com, a neutral online marketplace for loans and credit cards