Latest FD interest rate: Government bank changed the interest rates of FD, investors are getting huge benefits

Government sector Punjab and Sindh Bank has changed the interest rates on FDs and savings accounts worth less than Rs 2 crore. New interest rates have been implemented by the bank. The bank is offering FDs ranging from 7 days to 10 years and a maximum interest of 7.40 percent is being given on special FDs of 444 days.

Punjab and Sindh Bank offers 2.80 percent on FD from 7 days to 30 days, 3.00 percent on FD from 31 days to 45 days, 4.60 percent on FD from 46 days to 90 days, FD from 91 days to 179 days. 4.75 percent interest is being given on FDs of 180 days to 332 days, 5.50 percent interest is being given on FDs of 333 days, and 5.50 percent interest is being given on FDs of 334 days to less than one year.

6.40 percent on FD of one year, 6.20 percent on FD of more than one year and 399 days, 7.10 percent on 400-day FD, 6.20 percent on FD of 401 days to 443 days, 7.40 percent on FD of 444 days, 445 to 6.20 percent interest is being given on FD of 554 days, 7.35 percent on FD of 555 days, 6.20 percent on FD of 556 days to 600 days, 7.00 percent on FD of 601 days.

6.20 percent on FDs of 602 days to two years, 6.50 percent on FDs of more than two years and less than 3 years, 6.00 percent on FDs of 3 years to 5 years, and FDs of more than 5 years to 10 years. But interest of 6.25 percent is being given.

The interest rate on savings accounts has also been changed by the bank. 2.70 percent interest is being given on deposits up to Rs 1 crore. At the same time, 2.90 percent interest is being given on deposits from more than one crore to 100 crore, 4.55 percent on deposits from 100 crore to 500 crore, and 5.00 percent on deposits above 500 crore.