List of Banks Revises Fixed Deposit (FD) Interest Rates In November 2023

The list of banks that modified interest rates on fixed deposits worth less than Rs 2 Cr in November 2023 is available here, in an exclusive copy.

Public and private sector banks only are included in the list. View all the facts, including the latest date on which the FD rates of the banks listed below went into effect, here as per the official websites of the respective banks.

Punjab National Bank

On domestic term deposits of less than Rs 2 Cr, Punjab National Bank (PNB) made an interest rate revision on 1st November. The bank is now offering a maximum return of 7.25% on a tenure of 444 days.

Indian Overseas Bank

On 15th November 2023, IOB revised its FD rates. On a tenure of 444 days, the general public will get a maximum return of 7.10% while senior citizens will get 7.60%.

Canara Bank

On 16th November 2023, the latest FD rates of Canara Bank came into effect. Following the revision, non-senior citizens can earn as high as 7.25% and senior citizens can earn up to 7.75% on 444 days tenure.

Bank of Maharashtra

On fixed deposits of less than Rs 2 Cr, Bank of Maharashtra revised interest rates on 14th November 2023. On a tenor of 1 year, the bank is now offering a maximum return of 6.50%.

Bank of India

On 1st November 2023, BOI revised its interest rates on fixed deposits of less than Rs 2 Cr. On a maturity tenure of 2 years, the bank is now promising a maximum return of 7.25%.

Federal Bank

On 15th November 2023, the private sector lender Federal Bank revised its interest rates and announced to offer a maximum return of 7.40% on 400 days tenure.

IDBI Bank

IDBI Bank revised its interest rates on fixed deposits of less than Rs 2 Cr on 12th November 2023. On a tenor of 2 to 3 years, the bank is now offering a maximum return of 7%.

IDFC First Bank

On 2nd November 2023, IDFC First Bank announced an interest rate revision on its fixed deposits of less than Rs 2 Cr. On 549 days- 2 years tenure, the bank is offering a maximum interest rate of 7.75%.

Jammu & Kashmir Bank

J&K Bank revised its FD rates on 11th November 2023. On a tenure of 555 days, the bank is now paying a maximum return of 7.50%.

Karnataka Bank

The bank's latest FD rates are effective as of 1st November 2023. On a tenure of 444 days, the bank is now offering a maximum return of 7.25%.

RBL Bank

On 24th November 2023, RBL Bank revised its interest rates on fixed deposits of less than Rs 2 Cr. On a tenure of 546 days to 24 months (18 months to 24 months), the bank is offering a maximum return of 8% as a result of the modification.

Yes Bank

Yes Bank revises fixed deposit interest rates on 21st November 2023. On a maturity period of 18 months to 24 months, non-senior citizens can earn as high as 7.75% and senior citizens can earn up to 8.25%.