Not SBI, these public sector bank offers higher FD interest rates
By Lokmat English Desk | Published: November 1, 2023 06:16 PM2023-11-01T18:16:45+5:302023-11-01T18:16:45+5:30
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India's largest public sector bank, State Bank of India, is offering hefty interest on FDs to its customers through Amrut Kalash Yojana. However, many banks are offering more interest than SBI.
Under the Amrit Kalash scheme, the bank is offering 7.10 percent interest rate to general customers and 7.60 percent interest rate to senior citizens on 400 days FD scheme.
Do you know that there are many other government banks which are offering higher interest rates to their customers than SBI.
Bank of India is offering an interest rate of 7.25 percent to general customers and 7.75 percent to senior citizens on 400-day FD.
Bank of Baroda is offering 7.25 percent interest to general customers and 7.75 percent to senior citizens on 2 to 3 year FDs.
Punjab National Bank is offering 7.25 percent interest rate to general customers on 444 days special FD scheme and 7.75 percent interest rate on FD to customers above 60 years of age.
Punjab Sindh Bank is offering an interest rate of 7.40 percent to general customers and 7.90 percent to senior citizens for a period of 444 days.
Major public sector bank Canara Bank is offering 7.25 percent interest rate for general customers and 7.75 percent interest rate for senior citizens on 444 day FD scheme.
