Fixed Deposit i.e. FD has always been very popular among the people. From my experience, most people opt to invest their finances in bank Fixed Deposits. The primary reasons for this are the guaranteed returns and the safety provided by the FD. If you belong to the category of FD investors, then today, we are going to inform you about some government banks which are offering FD returns to their customers at the highest interest rates. Let us find out.Central Bank of India Central Bank of India offers its customers a maximum interest rate of 7 percent return on FD. You can go for an investment period of 7 days to 10 years with the bank. Indian Bank Indian Bank also provides a very good rate of return to their customers. The interest rate of 1 year FD of this bank is 6.10 percent. Further, the bank’s maximum interest rate for FD is 6.90 percent. Canara Bank Government bank Canara Bank is also on the list. Canara Bank gives 6.50 percent return on FD of all tenures.Punjab National Bank (PNB)The state-owned bank PNB is one of the largest in the country, and it provides a maximum return of 6.70 percent, and a minimum of 6.40 percent to the customers.State Bank of India (SBI)The country’s largest public sector bank, SBI has also been known to provide returns to its customers at the minimum of 6.25 percent, and a maximum of 6.60 percent.
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