PNB & Canara FD Rates Rise: What You Earn Now?
PNB and Canara Bank revised fixed deposit rates from November 1 and 2, 2026. Senior citizens and general depositors both see changes across select tenures. Here is what you can actually earn now and which tenure to pick.
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At 7.75%, a ₹5L FD earns ₹3,229/month — more than a tank of petrol every week.
Your FD can now earn this much — if you pick the right tenure
Key Takeaways
Check PNB and Canara Bank's updated FD rate cards on their official websites before booking or renewing any fixed deposit this month.
Compare the revised rates tenure-by-tenure — peak rates are usually concentrated in 1–3 year slabs, so avoid auto-renewing into a lower-rate bucket.
If you are a senior citizen, confirm the additional senior citizen benefit at your bank — it can add ₹1,250–₹2,500 per year on a ₹5 lakh deposit.
PNB and Canara Bank revised fixed deposit rates from November 1 and 2, 2026. Senior citizens and general depositors both see changes across select tenures. Here is what you can actually earn now and which tenure to pick.
Here's what happened: PNB revised fixed deposit interest rates effective November 1, 2026, affecting select tenures for both general and senior citizen depositors.. Canara Bank updated its FD rates from November 2, 2026, with changes across multiple tenure slabs impacting retail depositors.. Axis Bank revised rates only on bulk deposits of ₹3 crore and above from November 3 — retail FD rates under ₹3 crore remain unchanged at Axis..
What you should do: Check PNB and Canara Bank's updated FD rate cards on their official websites before booking or renewing any fixed deposit this month.. Compare the revised rates tenure-by-tenure — peak rates are usually concentrated in 1–3 year slabs, so avoid auto-renewing into a lower-rate bucket.. If you are a senior citizen, confirm the additional senior citizen benefit at your bank — it can add ₹1,250–₹2,500 per year on a ₹5 lakh deposit..
FD auto-renewals use the rate on the renewal date, not your original rate — always cancel auto-renew and rebook manually after a rate revision to lock the best current rate.
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- [1]“PNB and Canara Bank revise FD interest rates in November 2026: How much can general, senior citizens earn now?” mint - money · 3 Nov 2026
This article is reported by GoCredit's Editorial Team based on the source above. GoCredit synthesises, contextualises, and adds India-borrower-relevant analysis. We are not the original publisher.
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