Best FD Rates: Unlock Amazing Interest Rates on 3-Year FDs, Is Your Bank Offering the Best Deal?

Best FD Rates: Despite the recent repo rate cut, many banks have issued bumper interest rates on FD (Fixed Deposit). If you are thinking of investing in an FD, then this information can be very important for you. Below, we will tell you about the banks that are giving the best interest on 3-year FDS so that you can invest your money in the right place and get good returns.

1. Canara Bank: Highest interest

Canara Bank is giving 7.2% interest on a 3-year FD, which is a great option for common citizens. If you invest Rs 1 lakh in this bank, you will get around Rs 1.24 lakh on maturity. At the same time, for senior citizens, the interest rate (Best FD Rates) on an FD of this bank is 7.7%, and by investing Rs 1 lakh, they will get Rs 1.26 lakh after 3 years.

2. Equitas Small Finance Bank: High interest rate

Equitas Small Finance Bank is offering 7.75% interest on a 3-year FD, which is attractive for ordinary citizens. If you invest Rs 1 lakh, you will get Rs 1.26 lakh on maturity. For senior citizens, this bank has an interest rate of 8.25% on FD so that they will get Rs 1.28 lakh on investing Rs 1 lakh.

3. AU Small Finance Bank: Good option

AU Small Finance Bank is offering 7.5% interest on a 3-year FD, so that if you invest Rs 1 lakh, after 3 years this amount will increase to Rs 1.25 lakh. For senior citizens, this bank has an interest rate of 8% on FD so that they can get Rs 1.28 lakh on investing Rs 1 lakh.

4. Bank of Baroda: Stable returns

Bank of Baroda is offering 7.15% interest on 3-year FDs. If you invest Rs 1 lakh, this amount will become Rs 1.24 lakh on maturity. For senior citizens, this interest rate is 7.65%.

5. HDFC Bank, ICICI Bank, and Axis Bank

These banks are offering 6.9% interest on 3-year FDs, which is a very good rate, but slightly less than other banks.

6. SBI and Punjab National Bank

SBI and Punjab National Bank are offering 6.75% interest on 3-year FDs. If you invest Rs 1 lakh in these banks, you will get Rs 1.22 lakh (Best FD Rates) on maturity.

Conclusion

This information will help you choose the right bank so that you can invest your money at good returns. The interest rate may vary from bank to bank, but some of these banks may be a great option for you.Investing in an FD in a bank gives you safe and fixed returns, and it can be an important part of your financial planning.

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