FD Rates: These government banks—not SBI—offer the highest interest rates on FDs; see the full list

 FD Rates: These government banks—not SBI—offer the highest interest rates on FDs; see the full list

FD Rates: Through the Amrit Kalash Scheme, State Bank of India, the country's biggest public sector bank, is providing its clients with competitive interest rates on FDs. But a lot of banks are offering higher interest rates than SBI.

Rates on Fixed Deposits: Under the Amrit Kalash Scheme, the bank offers a 400-day fixed deposit plan with an interest rate of 7.60 percent for senior people and 7.10 percent for regular clients.

But did you know that there are several other government banks that provide their clients with interest rates that are greater than SBI's? Tell us about those banks, please. This list was created using data from Paisa Bazaar.com's study.

For a 400-day fixed-rate deposit (FD), Bank of India offers interest rates of 7.25 percent to general customers and 7.75 percent to senior people.

On FDs of two to three years, Bank of Baroda is offering 7.25 percent interest to regular consumers and 7.75 percent interest to seniors.

For the 444-day special FD program, Punjab National Bank offers 7.25 percent interest rate to ordinary customers and 7.75 percent interest rate to people over 60.

With a term of 444 days, Punjab Sindh Bank is providing senior residents with an interest rate of 7.90 percent and ordinary customers with a good interest rate of 7.40 percent.

Large public sector bank Canara Bank is providing a 444-day fixed-rate savings plan (FD) with interest rates of 7.25 percent for general clients and 7.75 percent for elderly people.