3 banks revise FD rates: Get up to 8.05% interest - check latest rates

Latest FD rates: In October 2024, three major Indian banks - Punjab National Bank, Punjab & Sindh, and Bank of Baroda - have announced revisions to their fixed deposit interest rates.

We take a look at the revised FD rates of these banks, as listed by ET:Punjab National Bank: Latest Fixed Deposit RatesFollowing the revisions, Punjab National Bank's fixed deposit interest rates range from 3.

50% to 7.

25% for tenures spanning 7 days to 10 years for general citizens.

Senior citizens can avail interest rates between 4% and 7.

75%, while super senior citizens are offered rates ranging from 4.

30% to 8.

05%.

The bank's highest interest rate of 7.

25% for general citizens, 7.

75% for senior citizens, and 8.

05% for super senior citizens is applicable on the 400-day tenure.

These revised rates came into effect from October 1, 2024.

Sl.

NoPeriodRevised Rates For Public w.

e.

f.

01.

10.

2024*Revised Rates for Senior Citizens w.

e.

f.

01.

10.

2024#Revised Rates for Super Senior Citizens w.

e.

f.

01.

10.

202417 to 14 Days3.

544.

3215 to 29 Days3.

544.

3330 to 45 Days3.

544.

3446 to 60 Days4.

555.

3561 to 90 Days4.

555.

3691 to 179 Days5.

566.

37180 to 270 Days6.

256.

757.

058271 Days to 299 Days6.

577.

39300 Days7.

057.

557.

8510301 Days to 1 Year to 399 days6.

87.

37.

613400 Days7.

257.

758.

0514401 Days to 2 Years6.

87.

37.

615> 2 years to 3 years77.

57.

816> 3 years to 1203 days6.

577.

3171204 days**6.

46.

97.

2181205 days to 5 years6.

577.

319> 5 years to 1894 days6.

57.

37.

3201895 days**6.

357.

157.

15211896 days to 10 years6.

57.

37.

3Punjab & Sind Bank: Latest Fixed Deposit RatesPunjab & Sind provides fixed deposit interest rates ranging from 2.

80% to 7.

25% for tenures spanning 7 days to 10 years for general customers.

These rates have been in effect since October 1, 2024.

As per the bank's website, "Senior Citizens shall be given benefit of additional interest of 0.

50% on term deposits of less than Rs.

3 crore, over and above the mentioned rates for the maturity of 180 days & above on fresh as well as on renewal of term deposits, same shall not be available to NRE, NRO deposits, capital gain and Bulk deposits.

"Furthermore, Punjab & Sind offers Super Senior Citizens an additional interest benefit of 0.

15% on specific period Term Deposits (i.

e.

, 222 Days, 333 Days, 444 Days, 666 Days, 999 Days) of less than Rs.

3 crore.

Revised w.

e.

f.

01/10/2024 (% p.

a.

)MaturityFixed DepositLess than Rs.

3 Cr7 - 14 Days2.

80(#)15 - 30 Days2.

831 - 45 Days346 - 90 Days4.

2591 - 120 Days4.

25121-150 Days4.

75151 - 179 Days4.

75180 – 221 Days5.

25222 Days6.

30($)223 – 269 Days5.

25270 – 332 Days5.

5333 Days7.

15($)334-1 Years - 443 Days6444 Days7.

25($)445 Days - 665 Days6666 days7.

3667 Days-2 years6Above 2 years<998 days6.

3999 days6.

651000 Days 5 years - 10 years6.

25Bank of Baroda: Latest Fixed Deposit RatesBank of Baroda provides fixed deposit interest rates that vary based on the tenure and the customer's age.

For the general public, the interest rates range from 4.

25% to 7.

15% for tenures spanning from 7 days to 10 years.

Senior citizens, on the other hand, can benefit from higher interest rates, ranging from 4.

75% to 7.

60%.

These updated rates have been in effect since October 3, 2024.

The Bank of Baroda website states, "(* incl.

additional ROI 0.

50% for RTD upto 3 Years and Above 10 Years, # incl.

additional ROI of 0.

50+0.

15 for RTD above 3 Years and upto 5 Years, ** incl.

additional ROI of 0.

50%+0.

50% for RTD above 5 Years and upto 10 Years to Resident Senior Citizens)”TenorsResidents / General PublicResident Indian Sr.

Citizen7 days to 14 days4.

254.

75*15 days to 45 days4.

55.

00*46 days to 90 days5.

56.

00*91 days to 180 days5.

66.

10*181 days to 210 days5.

756.

25*211 days to 270 days6.

256.

75*271 days & above and less than 1 year (except 360 Days)6.

57.

00*360 Days (bob360)7.

17.

60*1 year6.

857.

35*Above 1 year to 400 days77.

50*Above 400 days and upto 2 Years77.

50*Above 2 Years and upto 3 Years7.

157.

65*Above 3 Years and upto 5 Years6.

57.

15 #Above 5 Years and upto 10 Years6.

57.

50**Above 10 years (MACT/MACAD6.

256.

75*Court Order schemes only.