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
| FD Tenure | Interest Rates (%) For General Citizens | Interest Rates (%) For Senior Citizens |
| 7 days to 14 days | 3.00 | 3.50 |
| 15 days to 29 days | 3.00 | 3.50 |
| 30 days to 45 days | 3.00 | 3.50 |
| 46 days to 90 days | 3.25 | 3.75 |
| 91 days to 179 days | 4.00 | 4.50 |
| 180 days to 270 days | 4.50 | 5.00 |
| 271 days to less than 1 year | 4.50 | 5.00 |
| 1 year | 5.20 | 5.70 |
| Above 1 year to 2 years | 5.20 | 5.70 |
| Above 2 Years to 3 Years | 5.30 | 5.80 |
| Above 3 years to 5 years | 5.50 | 6.00 |
| Above 5 years to 10 years | 5.60 | 6.10 |
| 1111 days | 5.50 | 6.00 |
BOB Deposit 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 14 days | 2.80 | 3.30 |
| 15 days to 45 days | 2.80 | 3.30 |
| 46 days to 90 days | 3.70 | 4.20 |
| 91 days to 180 days | 3.70 | 4.20 |
| 181 days to 270 days | 4.30 | 4.80 |
| 271 days to less than 1 year | 4.40 | 4.90 |
| 1 year | 5.00 | 5.50 |
| Above 1 year to 400 days | 5.45 | 5.95 |
| Above 400 days and up to 2 years | 5.45 | 5.95 |
| Above 2 years and up to 3 years | 5.50 | 6.00 |
| Above 3 years and up to 5 years | 5.35 | 6.00 |
| Above 5 years and up to 10 years | 5.35 | 6.00 |
| Above 10 years (for MACT/MACAD Court Order schemes only) | 5.10 | 6.35 |
