Interest rates on fixed deposits of SBI, PNB, BoB.

New Delhi:

There is a danger of recession in the world. Economic activity in Germany has slowed down and the country has declared itself in the grip of recession. At the same time, the world's most powerful economy America is also facing problems these days. On the other hand, the condition of China's economy may not be so bad, but the situation is not very good. The world has a lot of expectations from the Indian economy. But if the situation in the world worsens or becomes uncontrollable, then indians are bound to be affected too. In such a situation, people who want a safe return on their investment are turning to the bank. Let's talk about what returns the country's three big government banks are giving on deposits.

How much interest is being paid in SBI Bank at what time?

Let's first talk about SBI Bank. Sbi Bank is offering interest at different rates on fixed deposits. Here, interest is being given to ordinary citizens at the rate of 7 percent per annum on deposits for 45-3 days, while for senior citizens this interest rate is being given at the rate of 3.50 percent per annum. SBI is offering interest at the rate of 46.179 percent to common citizens on deposits ranging from 4 days to 50 days. In the same period, senior citizens are being given interest at the rate of 5 percent.

Here, interest is being given at the rate of 180.210 percent to the common citizen and 5.35 percent to the senior citizen on the amount deposited for 5 - 88 days. For deposits ranging from 211 days to one year, the interest rate is 5.88 per cent per annum for the common citizen and 6.40 per cent for senior citizens. Apart from this, interest is being paid at the rate of 6.98 and 7.50 for common citizens and senior citizens respectively on deposits from one year to two years.

In this sequence, the interest rate available in SBI is being given at the rate of 7.19 percent and 7.71 percent on FDs ranging from two years to three years. For deposits of three to five years, the interest rate is being given at the rate of 6.66 percent for ordinary citizens and 7.19 percent for senior citizens. Sbi is offering interest at the rate of 5.10 per cent per annum to the common citizen on deposits of 6 years to 66 years, while senior citizens are being given interest at the rate of 7.71 per cent per annum.

SBI has also prepared a special deposit scheme of 400 days. This scheme has been named Amrit Kalash. Under this scheme, interest is being paid at the rate of 7.29 per cent per annum to the common citizen on the deposit, while the interest is being given at the rate of 7.82 per cent per annum to senior citizens.

Pnb FD Interest Rates

PNB Bank is giving interest rates to its FD holders according to the time of the amount deposited. According to the bank's site, interest will be paid at the rate of 7.14 per cent for common citizens on deposits of 3-50 days, while senior citizens will be given 4 per cent and super senior citizens will be given interest at the rate of 4.30 per cent for the same period. PNB Bank offers interest at the same rate on deposits of 15-29 days and deposits of 30-45 days.

At the same time, PNB pays interest at the rate of 46.90 per cent per annum to the general depositor, 4.30 per cent to the senior citizen and 5.00 per cent per annum to the super senior citizen on the deposit of 5-30 days. Interest is also paid at the same rate on deposits up to 91-179 days.
On deposits of 180-270 days, PNB is paying interest at the rate of 5.50 per cent per annum to general depositors, 6.00 per cent to senior citizens and 6.30 per cent per annum to super senior citizens. Also, for deposits of 271 days to less than one year, the bank is paying interest at the rate of 5.80 per cent for the common citizen, 6.30 per cent for senior citizens and 6.60 per cent for super senior citizens.

PNB is paying interest at the rate of 6.80 per cent per annum to ordinary citizens on deposits for one year. At the same time, senior citizens are being given interest at the rate of 7.30 percent. Also, super senior citizens are being given interest at the rate of 7.60 percent for this period.

On deposits of one year to 443 days, PNB is paying interest at the rate of 6.80, 7.30 and 7.60 percent respectively in the above category. The interest rate on the deposit of 444 days is 7.25, 7.75 and 8.05 percent respectively. At present, this rate is the highest interest rate offered by PNB on any time period.

Bank of Baroda Fixed Deposit Interest Rate

After the interest rates available in SBI and PNB, now let's talk about the interest rates available in Bank of Baroda. According to this announcement, on deposits of 12-7 days, the bank is paying interest at the rate of three percent per annum to the common citizen and 14.3 percent annually to senior citizens. Here interest is being paid at the same rate on FDs of 50-15 days. On deposits of 45-46 days, 90.4 percent interest is being given to ordinary citizens and 50.5 percent to senior citizens. The same interest rate has been kept on deposits of 00-91 days.

On deposits of 181-210 days, Bank of Baroda is paying interest at the rate of 5.25 per cent to common citizens and 5.75 per cent to senior citizens. Bank of Baroda is offering interest at the rate of 211.270 per cent on deposits of 5 to 75 days and 6.25 per cent for senior citizens. The bank is also offering the same interest rate from 271 to less than one year respectively.

Bank of Baroda is offering returns on FDs at an interest rate of 6.75 and 7.25 on one-year deposits. The bank is offering the same interest rate on deposits of one year to 400 days. The bank is also offering the same interest rate on deposits ranging from 400 days to two years. For deposits ranging from two years to three years, the bank is paying interest at the rate of 3.7 per cent for ordinary citizens and 05.7 per cent for senior citizens. For deposits between three years and five years, the bank is paying interest at the rate of 55.6 per cent to ordinary citizens and 50.7 per cent to senior citizens.

Bank of Baroda is offering interest at the rate of 10.6 per cent per annum on deposits of five to 50 years, while senior citizens are paying interest at the rate of 7.50 per cent per annum. Under the Baroda Tiranga Plus Deposit Scheme, the bank is paying interest at the rate of 7.25 per cent to ordinary citizens and 7.75 per cent to senior citizens.

Now you can see which of these three banks is paying how much interest for which period. Also, who is paying the highest interest?