New Delhi, Nov. 3 -- Two public sector banks, Punjab National Bank (PNB) and Canara Bank, have revised their fixed deposit (FD) interest rates in November 2026, changing returns on select deposit tenures. The revisions took effect on November 1 and November 2, respectively, and apply to domestic term deposits below Rs.3 crore.

Following the changes, Canara Bank is offering a maximum interest rate of 6.75% to general customers and 7.25% to senior citizens, as per CNBC TV18. PNB is offering up to 6.60% to general depositors and 7.10% to senior citizens.

Canara Bank has increased interest rates on select tenures by up to 15 basis points (bps), with its 555-day special FD scheme offering the highest returns. PNB's highest interest rate is a...