As repo rates are continued to be hiked by the RBI or The Reserve Bank of India at the scheduled meeting of the Monetary Policy Committee in June. Several banks are also following the decision and have hiked their lending as well as deposit rates. Thus, several public sector banks have modified their FD interest rates that you must be aware of for the investment opportunities. So, in this article, we are going to mention the latest FD interest rates of the State Bank of India, Punjab National Bank and Bank of Baroda. Be prepared for an investment opportunity.
SBI FD Interest Rates In Effect From June 14, 2022, On Deposits Below ₹2 Cr
FD Tenure
Interest Rates (%) For General Citizens
Interest Rates (%) For Senior Citizens
7 days to 45 days
2.90
3.40
46 days to 179 days
3.90
4.40
180 days to less than 1 year
4.60
5.10
1 year to less than 2 years
5.30
5.80
2 years to less than 3 years
5.35
5.85
3 years to less than 5 year
5.45
5.95
5 years to up to 10 years
5.50
6.30
PNB FD Interest Rates In Effect From June 14, 2022, On Deposits Below ₹2 Cr
Rishabh is an experienced content writer and editor, he is working for Viralbake to cover a diversified range of categories. His articles mainly focus on providing information, being a travel guide, educating others, and also making people aware of technology, after all, he is a technophile. When not writing he can be found gaming, watching movies, and travelling.