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HomePersonal FinanceFixed Deposit: If you invest Rs 1 lakh in these banks, know...

Fixed Deposit: If you invest Rs 1 lakh in these banks, know how much money you will have after 3 years?

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Best Fixed Deposit Interest Rate Bank: Know if you invest Rs 1 lakh in FD of these top public and private sector banks of the country, then how much money you will have after a period of just three years.


Private and public sector banks offer strong returns to senior citizens on three-year fixed deposits. According to the data compiled by Bank Bazaar, see which bank is giving what return on FD for a period of three years.

  • Bank of Baroda offers an interest rate of 7.75 percent on three-year FD. Among public sector banks, it offers the highest interest rates to senior citizens. The amount of Rs 1 lakh invested now will increase to Rs 1.26 lakh in three years.
  • Axis Bank offers 7.60 percent interest rate on three-year FD to senior citizens. The amount of Rs 1 lakh invested now will increase to Rs 1.25 lakh in three years.
  • HDFC Bank, ICICI Bank and Punjab National Bank offer interest rates of 7.50 percent on three-year FDs. The amount of Rs 1 lakh invested now will increase to Rs 1.25 lakh in three years.
  • Canara Bank gives 7.30 percent interest on three-year FD to senior citizens. The amount of Rs 1 lakh invested now will increase to Rs 1.24 lakh in three years.
  • State Bank of India (SBI) offers 7.25 percent interest rate on three-year FD to senior citizens. The amount of Rs 1 lakh invested now will increase to Rs 1.24 lakh in three years.
  • Bank of India and Union Bank of India offer 7 percent interest rate on three-year FD. The amount of Rs 1 lakh invested now will increase to Rs 1.23 lakh in three years.
  • Indian Bank gives 6.75 percent interest on three-year FD to senior citizens. The amount of Rs 1 lakh invested now will increase to Rs 1.22 lakh in three years.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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