SBI, PNB and BOB have Increase FD Interest Rates Recently, Compare FD Rates

SBI, PNB and BOB have Increase FD Interest Rates Recently, Compare FD Rates

News FD Rates: Punjab National Bank (PNB) and Bank of Baroda have recently raised its fixed deposit (FD) interest rates. SBI, Bank of Baroda and Union Bank of India have also revised their FD rates. Check the list of FD rates in this story. Let's know about it in detail.

The Reserve Bank of India (RBI) has not made any changes in the policy interest rates since the last monetary policy committees, but banks have been making changes in the MCLR (Marginal Cost of Lending Rate) and fixed deposit rates. Many banks have increased their MCLR rates. On the other hand, many banks have taken advantage of their customers by increasing the interest rate on fixed deposits. Many banks have also increased interest rates on fixed deposits. Punjab National Bank (PNB) has recently raised its fixed deposit (FD) interest rates. SBI, Bank of Baroda and Union Bank of India have also revised their FD rates earlier. Your deposit money is going to get more returns if you have also invested in these big banks. And if you are planning to do it, then you can also choose the right bank according to the FD rate.

PNB FD Interest Rates 2024, Revised on 8-Jan-224

FDs of 7 days to 14 days are getting interest at the rate of 3.5%.

FDs of 15 to 29 days are getting interest at the rate of 3.5%.

Interest is being received at the rate of 4.5 % in 30 to 45 days.

FDs of 46 to 60 days are getting interest at the rate of 4.5%.

FDs of 61 to 90 days are getting interest at the rate of 4.5%.

FDs of 91 to 179 days are also getting interest at the rate of 4.5%.

FDs of 180 to 270 days are getting interest at the rate of 6%.

The interest rate on FDs ranging from 271 days to 299 days is 6.25%.

The 300-day FD offers an interest rate of 7.05 %.

FDs of 301 days to less than 1 year are getting interest at the rate of 6.25%.

1 year FD is getting interest at the rate of 6.75%.

FDs of 1 year to 399 days are getting interest at the rate of 6.8%.

The 400-day FD offers an interest rate of 7.25%.

401 days to 2 years FD is getting interest at the rate of 6.8%.

FDs of 2 years to 3 years are getting interest at the rate of 7 %.

FDs of 3 years to 5 years are getting interest at the rate of 6.5%.

The interest rate on FDs ranging from 5 years to 10 years is 6.5%.

SBI FD Interest Rates 2024 the rates were revised on 27-Dec-2023

The bank has increased 25 to 50 basis points on deposits in some tenors, which means that now there is going to be more benefit on deposits. These new interest rates have also come into effect from December 27, 2023. State Bank of India (SBI) has hiked interest rates on fixed deposits (FDs) below Rs 2 crore.

FDs of 7 to 45 days are getting 3.50 per cent interest.

The 46-day to 179-day FD offers an interest rate of 4.75 per cent.

FDs of 180 days to 210 days are getting 5.75 per cent interest.

FDs of 211 days to less than 1 year are getting 6% interest.

FDs of 1 year to less than 2 years are getting 6.80 per cent interest.

FDs of 2 years to less than 3 years are getting 7% interest.

FDs of 3 years to less than 5 years are getting 6.75 per cent interest.

FDs of 5 years to 10 years are getting 6.50 per cent interest.

Bank of Baroda FD Interest Rates 2024, 11 Jan 2024

Earlier, Union Bank of India had raised interest rates by 25 basis points. These new FD rates have come into effect from December 27, 2023 which has been increased on FDs of less than Rs 2 crore. As a result, the bank is now offering interest rates ranging from 3% to 7.25% on FDs ranging from 7 days to 10 years. Senior citizens will get an additional interest of 0.50 %.

4% interest is being given on FD from 7 days to 45 days.

The bank is offering 5.50% interest on FDs ranging from 46 days to 90 days.

For FDs ranging from 91 days to 180 days, you will get interest at the rate of 5.25%.

For FDs ranging from 181 days to 210 Days, you will get an interest of 5.50%.

The bank is offering 7.25 % interest on 1-year FD.

An interest rate of 6.85% is being given on FDs ranging from more than 1 year to 2 Years.

For a period of 5 Year to 10 years, you will get 5.0% interest Rate.

Official website to check the FD rates are:

Punjab National Bank

https://www.pnbindia.in/Interest-Rates-Deposit.html

State Bank of India

https://sbi.co.in/web/interest-rates/deposit-rates/retail-domestic-term-deposits

Check out the official website Bank of Baroda

https://www.bankofbaroda.in/interest-rate-and-service-charges/deposits-interest-rates

Note: We have tried to give the latest and updated information as listed on Bank official website. At PrimeNewsly, we suggest, you should visit bank before making any decision and double check the FD rates.