FD Update: Know how much you will earn in 3 years by investing Rs 1 lakh in FD...
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 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.
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