Note : Interest rates are mentioned for general investor (for senior citizens it will be little higher).
Bank Interest (% p.a) Type
State Bank of India (SBI) 6.50 Public Sector
Punjab National Bank (PNB) 6.90 Public Sector
Canara Bank 7.40 Public Sector
Central Bank of India 6.60 Public Sector
Union Bank of India 7.00 Public Sector
IDBI Bank 6.75 Public Sector
UCO Bank 6.65 Public Sector
Vijaya Bank 6.50 Public Sector
Syndicate Bank 6.50 Public Sector
Dena Bank 6.80 Public Sector
United Bank of India 6.25 Public Sector
Corporation Bank 6.60 Public Sector
Indian Bank 6.25 Public Sector
Oriental Bank of Commerce 6.85 Public Sector
Indian Overseas Bank 6.50 Public Sector
ICICI Bank 6.75 Private Sector
Axis Bank 7.00 Private Sector
Kotak Bank 6.75 Private Sector
HDFC Bank 6.80 Private Sector
Yes Bank 7.15 Private Sector
DCB Bank 7.05 Private Sector
City Union Bank 7.10 Private Sector
Indus Ind Bank 7.15 Private Sector
Tamilnad Mercantile Bank 6.90 Private Sector
Federal Bank 6.70 Private Sector
Nainital Bank 7.00 Private Sector
RBL Bank 7.40 Private Sector
J&K Bank 6.75 Private Sector
City Bank 5.25 Foreign Banks
HSBC Bank 6.25 Foreign Banks
Deutsche Bank 7.00 Foreign Banks
Note : You should always consult the respective bank and confirm the interest rates before making any financial decision.