SBI vs PNB vs Canara: Which PSU bank is offering the highest interest on 2-year fixed deposit?

Even today, millions of Indian investors consider fixed deposits (FDs) the most reliable option for safe, guaranteed returns. Especially when it comes to public sector banks, everyone from senior citizens to working professionals prefers to deposit their hard-earned money in their lockers. Punjab National Bank (PNB) recently revised its interest rates for the first time in June 2026, changing the entire FD equation. If you're thinking of investing your savings for the next two years and are wondering which of the country's three largest public sector banks - State Bank of India, Punjab National Bank, and Canara Bank- will offer the highest interest rate, this news is for you.