Bank FD Latest Interest Rates: November 2023 has started. There are many festivals in the country this month. In such a situation, people’s expenses also increase a lot. If you do not want the burden of expenses to increase on you, then definitely read this news. There are many government sector banks which are offering very good interest rates to investors on fixed deposits.
Bank of Baroda
Bank of Baroda is offering the highest interest rate on FD among public sector banks. It is giving returns of up to 7.25 percent on three-year FD. An investment of Rs 1,00,000 in FD will increase to Rs 1.24 lakh in three years.
Punjab National Bank
Punjab National Bank (PNB) is offering up to 7 percent interest on three-year FD. An investment of Rs 1,00,000 in PNB’s FD will increase to Rs 1.23 lakh in three years.
Canara Bank
Canara Bank is offering interest rates up to 6.8 percent on three-year FDs. An investment of Rs 100,000 in Canara Bank FD will increase to Rs 1.22 lakh in three years.
Union Bank of India
Union Bank of India, Bank of India and Indian Overseas Bank are offering interest rates up to 6.5 percent on three-year FDs. In this, an investment of Rs 1,00,000 in a three-year FD will increase to Rs 1.21 lakh.
State Bank of India
The country’s largest bank, State Bank of India (SBI) is offering 6.5 percent annual interest on three-year FD. That means an investment of Rs 1,00,000 in SBI FD will increase to Rs 1.21 lakh in three years.