PNB, Canara Bank revise FD rates: Check revised interest rates for senior citizens, general public

Punjab National Bank (PNB) and Canara Bank have revised their fixed deposit interest rates in November 2026. The changes affect select deposit tenures and the returns available to investors.

PNB’s revised rates took effect on November 1, while Canara Bank implemented its changes from November 2. Canara Bank increased rates on select tenures by up to 15 basis points (bps).

Meanwhile, Axis Bank updated interest rates on domestic bulk fixed deposits of ₹3 crore and above, effective November 3. These rates apply to bulk deposits and are different from the bank’s regular retail FD rates.

Here is a look at the revised rates offered by the three banks.

Canara Bank FD rates for general public

Canara Bank increased interest rates on select domestic term deposit tenures by up to 15 bps from November 2, 2026. The revised rates apply to deposits below ₹3 crore.

For the general public, the bank offers an interest rate of 6.75% on its 555-day special FD scheme, up from 6.60% earlier. The 444-day special FD offers 6.65%.

For shorter tenures, the interest rate is 3% for deposits of seven to 45 days, 4% for 46 to 90 days and 4.25% for 91 to 179 days.

Deposits of 180 to 269 days attract an interest rate of 5.25%, while those from 270 days to less than one year offer 5.50%.

For deposits of one year to one year and three months, excluding the 444-day scheme, the rate is 6.40%. Deposits of more than one year and three months but less than two years, excluding the 555-day scheme, offer 6.25%.

The interest rate is 6.25% for deposits with tenures ranging from two years to less than three years, three years to less than five years, and five years to 10 years.

Canara Bank FD rates for senior citizens

Senior citizens investing in Canara Bank FDs can earn 7.25% on the 555-day special deposit scheme, up from 7.10% earlier. The 444-day FD offers an interest rate of 7.15%.

For deposits of seven to 45 days, the bank offers an interest rate of 3%. The rate is 4% for tenures of 46 to 90 days and 4.25% for 91 to 179 days.

Deposits of 180 to 269 days attract an interest rate of 5.75%, while those from 270 days to less than one year offer 6%.

For deposits of one year to one year and three months, excluding the 444-day scheme, the interest rate is 6.90%. Deposits of more than one year and three months but less than two years, excluding the 555-day scheme, offer 6.75%.

The bank offers an interest rate of 6.75% on deposits ranging from two years to less than three years, three years to less than five years, and five years to 10 years.

PNB FD rates for general public

Punjab National Bank’s revised FD interest rates came into effect on November 1, 2026. The bank offers rates ranging from 3% to 6.60% to the general public, depending on the deposit tenure.

The highest rate of 6.60% is available on the 444-day special FD scheme. The 666-day FD offers an interest rate of 6.50%.

For deposits of seven to 14 days and 15 to 45 days, the bank offers an interest rate of 3%. Deposits of 46 to 90 days attract 5.50%, while those of 91 to 179 days offer 5.75%.

The interest rate is 6% for deposits of 180 to 270 days and 271 to 302 days. For the 303-day tenure, the rate is 5.95%, while deposits of 304 days to less than one year offer 6%.

For a one-year FD, the bank offers 6.25%. Deposits of more than one year to 443 days attract 6.30%, while those of 444 days offer 6.60%.

For deposits of 445 to 665 days, the interest rate is 6.30%. The 666-day FD offers 6.50%, while deposits of 667 days to two years and those of more than two years to three years attract 6.30%.

Deposits of more than three years to 1,203 days offer 6.35%. The rate is 6.30% for the 1,204-day tenure and 6.35% for deposits of 1,205 days to five years. For deposits of more than five years to 10 years, the interest rate is 6%.

PNB FD rates for senior citizens

Senior citizens investing in PNB fixed deposits can earn an interest rate of up to 7.10% on the 444-day special FD scheme. The 666-day deposit offers 7%.

For deposits of seven to 14 days and 15 to 45 days, the bank offers an interest rate of 3.50%. Deposits of 46 to 90 days attract 6%, while those of 91 to 179 days offer 6.25%.

The interest rate is 6.50% for deposits of 180 to 270 days and 271 to 302 days. For the 303-day tenure, the rate is 6.45%, while deposits of 304 days to less than one year offer 6.50%.

For a one-year FD, senior citizens can earn 6.75%. Deposits of more than one year to 443 days attract 6.80%, while the 444-day scheme offers 7.10%.

For deposits of 445 to 665 days, the interest rate is 6.80%. The 666-day FD offers 7%, while deposits of 667 days to two years and those of more than two years to three years attract 6.80%.

Deposits of more than three years to 1,203 days offer 6.85%. The rate is 6.80% for the 1,204-day tenure and 6.85% for deposits of 1,205 days to five years. For deposits of more than five years to 10 years, the interest rate is 6.80%.

Axis Bank bulk FD rates

Axis Bank has updated interest rates on domestic bulk fixed deposits of ₹3 crore and above, effective November 3, 2026. Unlike the retail FD rates discussed above, these rates apply to bulk deposits and vary according to the deposit amount and tenure.

For deposits of ₹3 crore to less than ₹5 crore, general depositors can earn up to 6.35% on select tenures. For deposits of ₹5 crore to less than ₹25 crore, the maximum rate for general depositors is 7.40% on select tenures.

Senior citizens depositing ₹3 crore and above can earn up to 7.25% on select tenures. For deposits of ₹5 crore to less than ₹25 crore, the maximum rate for senior citizens is 7.90% on select tenures.

These are maximum rates for select deposit tenures, not rates applicable to every bulk FD. Depositors should check Axis Bank’s latest rate card for the applicable amount, tenure and terms before investing.

What should you check before investing in an FD?

Before investing in a fixed deposit, compare interest rates across banks and tenures to identify the option that suits your financial goals. Special FD schemes may offer higher returns, but check their maturity periods and eligibility conditions.

Investors should also check premature withdrawal penalties, interest payout options and the tax treatment of FD interest. Senior citizens should compare the additional interest offered by banks before choosing a deposit.

For bulk deposits, check the minimum deposit amount and the rate applicable to the chosen tenure. Interest rates and terms can change, so verify the latest details on the respective banks’ official websites before investing.

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