Latest Bank FD rates: SBI vs HDFC Bank vs PNB vs Canara Bank vs Bank of Baroda

State Bank of India (SBI), HDFC Bank, Punjab National Bank (PNB), Bank of Baroda (BoB), and Canara Bank offer FD rates ranging from 7 days to 10 years. FD interest rates of different banks vary by amount, tenure and type of depositor. Therefore, it is always important to compare the FD interest rates offered by different banks before investing. Here are the latest FD rates offered by SBI, HDFC Bank, Punjab National Bank, Bank of Baroda, and Canara Bank.

Latest Bank FD rates: SBI vs HDFC Bank vs PNB vs Canara Bank vs Bank of Baroda

SBI latest FD interest rates (below 2 crore) for general public

SBI FDs between 7 and 45 days will now fetch  2.9%, and term deposits between 46 days to 179 days will give 3.9%. FDs from 180 days to less than a year will fetch 4.4% of the deposits with maturity between one year and less than two years would give 4.9% now instead of 5.1%. FDs maturing in 2 years to less than 3 years will give 5.1%.  FDs with 3 years to less than 5 years will offer 5.3% and term deposits maturing in 5 years and up to 10 years will give 5.4%. These rates are with effect from 10 September.

7 days to 45 days - 2.9%

46 days to 179 days - 3.9%

180 days to 210 days - 4.4%

211 days to less than 1 year - 4.4%

1 year to less than 2 years - 4.9%

2 years to less than 3 years - 5.1%

3 years to less than 5 years - 5.3%

5 years and up to 10 years - 5.4%

HDFC Bank latest FD interest rates

HDFC Bank latest FD interest rates (below 2 crore) for general public 

HDFC Bank offers an interest rate of 2.50% on deposits between 7 and 29 days, and 3% on deposits maturing between 30- 90 days. On 91 days to 6 months, 3.5%, and in 6 months from 1 day to less than a year, 4.4%. HDFC Bank awards 4.9% on deposit contracts maturing in one year 5% on deposits maturing in two years. Deposit contracts with a maturity of 2 to 3 years will give 5.15%,  3 years to 5 years will give 5.30%. Deposits with a maturity period of 5 to 10 years give 5.50% interest. These interest rates are effective from 15 October.

7 - 14 days 2.50%

15 - 29 days 2.50%

30 - 45 days 3%

46 - 60 days 3%

61 - 90 days 3%

91 days - 6 months 3.5%

6 months 1 days - 9 months 4.4%

9 months 1 day < 1 Year 4.4%

1 year slashed 4.9%

1 year 1 day - 2 years 5%

2 years 1 day - 3 years 5.15%

3 year 1 day- 5 years 5.30%

5 years 1 day - 10 years 5.50%

Punjab National Bank latest FD interest rates

Punjab National Bank latest FD interest rates (below 2 crore) for general public

PNB offers an interest rate between 3% and 5.25% for fixed deposits that mature in a range of 7 days to 10 years. PNB offers an interest rate of 3% on fixed deposits from 7 to 45 days and increases 4.5% on fixed financing contracts of less than one year. On term deposits with a maturity of 1 to 3 years, PNB gives 5.20% interest. PNB offers an interest of 5.25% on deposits maturing above 5 years to 10 years. These rates are with effect from 1 October7 to 14 days - 3%

15 to 29 days - 3%

30 to 45 days - 3%

46 to 90 days - 3.25%

91 to 179 days - 4%

180 days to 270 days - 4.4%

271 days to less than 1 year - 4.5%

1 year - 5.20%

Above 1 year & upto 2 years- 5.20%

Above 2 year & upto 3 years- 5.20%

Above 3 year & upto 5 years - 5.25%

Above 5 years & upto 10 years- 5.25 %

Canara Bank latest FD interest rates

Canara Bank latest FD interest rates (below 2 crore) for general public

For term deposits with a maturity period of 7-45 days, Canara Bank offers an interest rate of 3%. For FDs  with a maturity period of 46-90 days, 91 days to 179 days and 180 days to less than a year, the bank grants interest rates of 4, 4.05 and 4.50% respectively for deposit contracts with a maturity of one year to less than three years, Canara Bank will grant 5.25%. For CFDs with a term of three to ten years, a state bank gives an interest rate of 5.35%. These rates are valid from October 1.

7 days to 45 days -3%

46 days to 90 days - 4%

91 days to 179 days - 4.05%

180 days to less than 1 Year- 4.50%

1 year only - 5.30%

Above 1 year to less than 2 years - 5.25%

2 years & above to less than 3 years - 5.25%

3 years & above to less than 5 years- 5.35 %

5 years & above to 10 Years- 5.35 %

Bank of Baroda latest FD interest rates

Bank of Baroda latest FD interest rates (below 2 crore) for general public

Bank of Baroda provides interest at a rate of 2.9% on deposits that are due within 7 to 45 days. For FDs with maturities between 46 and 180 days, BoB offers an interest rate of 3.9%. For short-term deposits of 181 days or more and less than a year, the bank grants an interest of 4.4%. For one-year term deposits, Bank of Baroda grants an interest of 4.9%. FD contracts with maturities of more than 1 year and up to 3 years will reach an interest rate of 5.1%. Long-term contracts with maturities between 3 and 10 years will reach an interest rate of 5.3%. These rates are valid from October 3.

7 days to 14 days 2.9%

15 days to 45 days 2.9%

46 days to 90 days 3.9%

91 days to 180 days 3.9%

181 days to 270 days 4.4%

271 days and above and less than 1 year 4.4%

1 year 4.9%

Above 1 year to 400 days 5.1%

Above 400 days and upto 2 years 5.1%

Above 2 years and upto 3 years 5.1%

Above 3 years and upto 5 years 5.3%

Above 5 years and upto 10 years 5.3%

Souce : LiveMint

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