FD Rates: State Bank of India, India’s largest public sector bank, is offering strong interest on FD to its customers through Amrit Kalash Scheme. However, many banks are giving more interest than SBI.
Fixed Deposit Rates: Under 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 day FD scheme.
However, do you know that there are many other government banks which are offering higher interest rates to their customers than SBI. Let us know about those banks. This list has been made on the basis of research by Paisa Bazaar.com.
Bank of Baroda is giving 7.25 percent interest to general customers and 7.75 percent interest to senior citizens on FD of 2 to 3 years.
Punjab National Bank is giving 7.25 percent interest rate to general customers on 444 day special FD scheme and 7.75 percent interest rate on FD to customers above 60 years of age.
Punjab Sindh Bank is offering a strong interest rate of 7.40 percent to general customers and 7.90 percent to senior citizens on a tenure of 444 days.
Big public sector bank Canara Bank is offering 7.25 percent interest rate to general customers and 7.75 percent interest rate to senior citizens on 444 day FD scheme.
