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Q.

What is Oriental Bank of Commerce FD Interest Rate?

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5 months

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Oriental Bank of Commerce has merged with United Bank of India (UBI) and Punjab National Bank (PNB). The merger went into effect on April 1, 2020. So, all Oriental Bank of Commerce FD rates now match PNB’s rates. As of the latest update, the FD rates for domestic term deposits under Rs 3 crore, ranging from 3.25 % to 6.90 % p.a. for general customers for tenures spanning 7 days to 10 years.

What are the OBC Bank FD Interest Rates?

For longer tenures, the FD rates are as follows:

  • 271 to 302 days: 6.00 % general, 6.50 % seniors.

  • 303 days: 5.90 %, 6.40 %.

  • 304 days to 1 year: 6.00 %, 6.50 %.

  • 1 year: 6.40 %, 6.90 %.

  • >1 year to 389 days: same as 1 year.

  • 390 days: 6.70 %, 7.20 %.

  • 391 to 505 days: 6.40 %, 6.90 %.

  • 506 days: 6.30 %, 6.80 %.

  • 507 days to 2 years: 6.40 %, 6.90 %.

  • 2 to 3 years: 6.40 %, 6.90 %.

  • 3 years to 1,203 days: 6.50 %, 7.00 %.

  • 1,204 days: 6.40 %, 6.90 %.

  • 1,205 days to 5 years: 6.50 %, 7.00 %.

  • >5 years to 1,894 days: 6.00 %, 6.80 %.

PNB also offers special “Uttam” non‑callable FD scheme for Rs 1 to 3 crore deposits, with generally marginally higher rates (up to 6.75 % general, 7.25 % seniors on 1‑year). I hope you understood Oriental Bank of Commerce FD interest rate

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