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Fixed Deposits: Compare The Latest Interest Rates Offered By Govt Banks

Team BankBazaar


Fixed deposits (FDs) remain popular investment options for many investors looking for guaranteed returns and capital safety. FDs can help you fulfil many of your life’s financial goals. If you are planning to invest in FDs, take a look at interest rates offered by different government banks.

Bank <1 Year >=1 to <=2  2 to <=3 3 to <=5
Allahabad Bank 6.25 6.45 6.35 6.25
Andhra Bank 5.75 6 6.1 6.1
Bank of Maharashtra 5.75 6 5.75 5.5
Bank of Baroda 5.5 6 6 6.25
Bank of India 6 6.3 6.25 6.25
Canara Bank 5.9 6.3 6.25 6.25
Central Bank of India 6 6.2 6.2 6.2
Corporation Bank 5.9 6.45 6.25 6.25
IDBI Bank 5.9 6.4 6.45 6.25
Indian Bank 5.75 6.3 6.25 6.25
Indian Overseas Bank 6.25 6.4 6.35 6.25
Oriental Bank of Commerce 5.8 6.25 6.25 6.25
Punjab National Bank 6.1 6.3 6.25 6.25
Punjab & Sind 6.4 6.45 6.45 6.45
State Bank of India 5.5 6 6 6
Syndicate Bank 5.75 6.3 6.25 6.25
UCO Bank 6 6.3 6.3 6.25
Union Bank 6.15 6.45 6.3 6.3
United Bank 6 6.5 6.25 6

Data taken from respective bank’s website as on 11 Feb 2020. 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