PNB, Canara Bank revise FD interest rates: Senior citizens can earn up to 7.25%; compare latest rates

Two public sector banks, Punjab National Bank (PNB) and Canara Bank , have revised their fixed deposit (FD) interest rates with effect from November 1 and 2, 2026, respectively. Following the revisions, Canara Bank offers a maximum interest rate of 6.75% to general public and 7.25% to senior citizens. PNB, meanwhile, offers up to 6.60% to general public and 7.10% to senior citizens.

Earlier, Bank of India had also revised FD interest rates.

Latest Canara Bank FD interest rates

Canara Bank increased interest rates on select FD tenures by up to 15 basis points (bps) from November 2.


Canara Bank is offering its highest interest rate on the 555-day special fixed deposit scheme. Canara Bank has increased the rate on this tenure from 6.60% to 6.75% for general public. On the same FD, senior citizens will now earn a 7.25% interest rate, up from the earlier 7.10% rate.

Canara Bank is also offering attractive rates on its 444-day special deposit scheme. General citizens can earn 6.65%, while senior citizens are eligible for an interest rate of 7.15% on the 444-day FD.

The revised Canara Bank FD interest rates apply to domestic term deposits below Rs 3 crore. Customers planning to invest in a Canara Bank FD can compare the rates across different FD tenures before deciding where to park their money.

On Canara Bank deposits of two years to less than three years, the applicable interest rate is 6.25% for general public. The same rate applies to deposits with tenures of three years to less than five years and five years to 10 years.

Latest Canara Bank FD interest rates from November 2, 2026

The following are the revised interest rates offered by Canara Bank on domestic term deposits below Rs 3 crore:

FD tenure	General citizens (%)	Senior citizens (%)
7 days to 45 days	3.00	3.00
46 days to 90 days	4.00	4.00
91 days to 179 days	4.25	4.25
180 days to 269 days	5.25	5.75
270 days to less than 1 year	5.50	6.00
1 year to 1 year 3 months (excluding 444 days)	6.40	6.90
444 days	6.65	7.15
555 days	6.75	7.25
Above 1 year 3 months to less than 2 years (excluding 555 days)	6.25	6.75
2 years to less than 3 years	6.25	6.75
3 years to less than 5 years	6.25	6.75
5 years to 10 years	6.25	6.75

Note: Interest rates are per annum. The rates are effective from November 2, 2026, as provided by the bank.

Punjab National Bank’s latest FD interest rates

Following the FD rate revision, PNB offers interest rates ranging from 3% to 6.60% to the general public, depending on the deposit tenure. Senior citizens can earn an interest rate of up to 7.10% on a tenure of 444 days.

Latest PNB FD interest rates from November 1, 2026

Period of Deposit	Revised Interest Rates for General Public (% p.a.)	Revised Interest Rates for Senior Citizens (% p.a.)
7 to 14 days	3.00	3.50
15 to 45 days	3.00	3.50
46 to 90 days	5.50	6.00
91 to 179 days	5.75	6.25
180 to 270 days	6.00	6.50
271 to 302 days	6.00	6.50
303 days	5.95	6.45
304 days to less than 1 year	6.00	6.50
1 year	6.25	6.75
More than 1 year to 443 days	6.30	6.80
444 days	6.60	7.10
445 to 665 days	6.30	6.80
666 days	6.50	7.00
667 days to 2 years	6.30	6.80
More than 2 years to 3 years	6.30	6.80
More than 3 years to 1,203 days	6.35	6.85
1,204 days	6.30	6.80
1,205 days to 5 years	6.35	6.85
More than 5 years to 10 years	6.00	6.80

Latest Bank of India FD interest rates

Bank of India has also revised its fixed deposit (FD) interest rates on select tenures. The new FD rates are applicable on deposits of less than Rs 3 crore. Bank of India has also launched a 500-day special FD called BOI Akshay Deposit that offers a 7.35% interest rate to senior citizens.