After the RBI reduced the repo rate in the early week of this month, many government banks have changed the interest rates of FD in recent times. Today we are going to tell you about the highest interest paying government banks on FD.
Bank of Maharashtra is offering the most interest on fixed deposits in public sector banks. The bank is paying 7.15 percent interest on FD of 366 days. At the same time, bank is offering 6.25 percent for one year, 6.3 percent for 3 years and 6.25 percent for 5 years.
Indian Overseas Bank
Indian Overseas Bank is offering an interest rate of 7.10 percent on 444 days FD. At the same time, an interest rate of 6.70 percent on one year FD, 6.30 percent on 3 years FD and 6.30 percent on 5 years FD is being given by the bank.
Punjab and Sindh Bank is offering an interest rate of 7.05 per cent on 444 days FD, 6.10 per cent on one year FD, 6.00 per cent on 3 years FD and 6.35 per cent on 5 years FD.
Bank of india
Bank of India is giving an interest rate of 7.00 percent on 999 days of green FD. At the same time, an interest rate is being given 6.50 percent on one year FD, 6.25 percent on 2 years FD and 6.00 percent on 5 years FD.
Central bank of india
Interest is being paid by Central Bank of India on more than 2 and 7 percent on FDs of less than 3 years. Apart from this, the bank is paying 7 percent interest on 1111 days, 2222 days and 3333 days FD. At the same time, bank is offering interest of 6.70 percent on one year FD, 6.75 percent on 3 years FD and 6.50 percent on 5 years FD.
