New Delhi. One of the easiest ways to grow your money is by opening a Fixed Deposit. You deposit a lump sum amount on which you get annual interest. With the help of compounding, this money becomes a huge amount in the long run.
People often save FD for post-retirement. However, many people invest money in FDs even for a short period to meet their near future needs. Today we will tell you about 5 such banks which are giving maximum returns on FDs of 3 years.
AU Small Finance Bank – Here you are getting a return of 7.50% on a three-year fixed deposit. At the same time, the quarterly compound return will be 12497 percent.
DCB Bank- Here also you will get an annual return of 7.50 per cent and a quarterly compound return of 12,497 per cent.
Bandhan Bank- This bank is giving you 7% return on 3 years fixed deposit. Here the quarterly compound return is 12314 percent.
City Union Bank – You are getting an annual return of 7% here. The quarterly compounded return is 12314 per cent.
Karur Vysya Bank- Like the above 2 banks, here too you will get 7% annualized return and 12314% quarterly compounded return.
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