FD Rate for Senior Citizens: PNB and Canara Bank Have Raised Their Fixed Deposit Rates
4 Articles
4 Articles
Bank FD Rates: Two public sector banks revised their interest rates for those investing in bank FDs in early November. The new rates for Punjab National Bank (PNB) and Canara Bank have come into effect. Canara Bank offers senior citizens up to 7.25% interest, while PNB offers 7.10%.
If you're considering investing your money in a bank FD (Fixed Deposit), this is important news for you. Punjab National Bank (PNB) and Canara Bank revised their FD interest rates in November. These new rates will be effective from November 1 and November 2, 2026, respectively.
FD rate for senior citizens: PNB and Canara Bank have raised their Fixed Deposit rates
Punjab National Bank and Canara Bank have revised their FD interest rates. Under the new rates, senior citizens can earn up to 7.25% annual interest. Canara Bank’s 555-day FD offers the highest interest rate, while PNB’s 444-day FD offers 7.10%.
In early November, two major public sector banks, PNB and Canara Bank, revised their fixed deposit interest rates. With the new rates, senior citizens can earn up to 7.25% interest on fixed deposits, while the maximum interest rate for general customers is 6.75%.
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