July 6, 2016

Best Fixed Deposit (FD) Interest Rates of Public Sector Banks- July 2016

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Highest interest rate for Fixed Deposits (FD) among Public Sector Government banks


(Latest Updated on 6th July 2016)

Which bank offer highest Fixed Deposit Interest rate in July 2016? 

what is Best Rate of Interest on Fixed Deposits in India in July 2016? 

what is Latest Deposit Rates of Banks in India July 2016?

Bank Fixed deposit has been always one of the most popular investment option for Indians.Generally people visit their respective bank and ask bank officials for the best
FD interest rate available in their bank or sometime check online FD interest rate by visiting bank website. People always curious to find which banks are offering the maximum interest rate on fixed deposits.

Now, we have started to update the latest bank fixed deposit rate available presently to get maximum benefits. We have compiled the latest Fixed Deposit (FD)  interest rates for maximum benefit. 

You can check from the following details that the maximum interest rate of 7.60 % on fixed deposit is provided is by State Bank of Mysore  and second maximum rate of 7.57 % is offered by State Bank of Patiala.

Third highest rate of 7.55 % is offered by three banks Canara Bank, Central Bank of India & Punjab & Sind Bank 

Check highest interest rate on Fixed Deposits and also you can check the details interest rate available on fixed deposits by click here option available to the respective below mentioned Public Sector Banks: 

  1. State Bank of India-Click Here  Maximum Rate on FD is 7.50% for 456 Days  to less than 3 years
  2. State Bank Of Bikaner And Jaipur Click Her Maximum Rate on FD is 7.25% for 1 Year to Less than 3 yearsyear  to upto 10 years
  3. State Bank of Hyderabad Click Her Maximum Rate on FD is 7.50% for 211 Days  to up to  10 years
  4. State Bank of Patiala Click Here  Maximum Rate on FD is 7.57% for 1 year  to 555 Days
  5. State Bank of Mysore Click Here Maximum Rate on FD is 7.60% for 1 year  to  2 years
  6. State Bank of Travancore  Click Here Maximum Rate on FD is 7.25% for 2 years and above but below  3 years
Nationalised banks 
  1. Allahabad Bank Click Here Maximum Rate on FD is 7.35% for 2 Years to less than 3 years
  2. Andhra Bank Click Here  Maximum Rate on FD is 7.50% for 9 months to 5 years 
  3. Bank of Baroda Click Here Maximum Rate on FD is 7.30% for 181 Days to  up to 10 Years 
  4. Bank of India Click Here Maximum Rate on FD is 7.30% for 270 days to less than 5 years 
  5. Bank of Maharashtra Click Here Maximum Rate on FD is 7.51% for 444 Days and 666 Days  
  6. Bharatiya Mahila Bank Click Here Maximum Rate on FD is 7.50% for 1 Year to less than 3 Years 
  7. Canara Bank  Click Here Maximum Rate on FD is 7.55 % for above 1 year  to less than 5 years
  8. Central Bank of India Click Here  Maximum Rate on FD is 7.55% for 777 Days
  9. Corporation Bank Click Here Maximum Rate on FD is 7.50% for 1 year to less than 3 years 
  10. Dena Bank  Click Here Maximum Rate on FD is 7.30 above 365 days/1 year to less than 2 years
  11. Indian Bank Click Here Maximum Rate on FD is 7.40% for 1 Year
  12. Indian Overseas Bank Click Here Maximum Rate on FD is 7.25% for 1 year to less than 2 years
  13. Oriental Bank of Commerce Click Here Maximum Rate on FD is 7.50% for 1 yearto less than 2 year
  14. Punjab & Sind Bank Click Here  Maximum Rate on FD is 7.55% for 1 year to up to 2 years
  15. Punjab National Bank Click Here Maximum Rate on FD is 7.30% for 1 year to up to 2 years
  16. Syndicate Bank Click Here  Maximum Rate on FD is 7.50%  for 1 Year
  17. UCO Bank  Click Here Maximum Rate on FD is 7.50% for 1 year to upto 3 years
  18. Union Bank of India Click Here Maximum Rate on FD is  7.65% for 1 year
  19. United Bank of India  Click Here  Maximum Rate on FD is 7.00% for 1 year 
  20. Vijaya Bank Click Here Maximum Rate on FD is 7.50% for 1 year 
  21. IDBI Bank Click Here Maximum Rate on FD is 7.50% for 1 year to less than 3 years
Note :Above Rate is applicable for deposits up to 1 Crore

Disclaimer: For latest interest rate always check the official website of respective Banks