PNB and Canara Bank have revised their FD interest rates in November 2026, offering maximum returns of 6.60% and 6.75% to general customers, respectively. Senior citizens can earn up to 7.10% and 7.25%, while Axis Bank has also revised rates on bulk deposits.
Punjab National Bank (PNB) and Canara Bank have announced revisions to their fixed deposit (FD) interest rates, effective November 1 and November 2, 2026, respectively. The revised rates apply to domestic term deposits below ₹3 crore and cover selected investment tenures for general customers and senior citizens.
Canara Bank has increased interest rates on certain deposit periods by up to 15 basis points. Its highest revised rate stands at 6.75% for general customers and 7.25% for senior citizens, available under the 555-day special FD scheme.
PNB is offering a maximum interest rate of 6.60% to general customers and 7.10% to senior citizens on its 444-day special FD scheme. The bank also offers additional interest benefits to eligible super senior citizens aged 80 years and above, subject to applicable conditions.
Separately, Axis Bank has revised interest rates on domestic bulk fixed deposits of ₹3 crore and above, effective November 3, 2026. These revised rates are applicable to bulk deposits and are separate from its regular retail FD offerings.
Key FD Interest Rate Highlights
| Bank | General Customers | Senior Citizens | Special FD Tenure |
|---|---|---|---|
| Canara Bank | 6.75% | 7.25% | 555 days |
| Punjab National Bank | 6.60% | 7.10% | 444 days |
Source: CA Sansaar