SBI, PNB, HDFC Bank, Canara Bank, and ICICI Bank are offering these interest rates in their popular FDs; know maturity value on Rs 3 lakh and Rs 6 lakh investments in their 5-year FDs
General Citizens FD Interest Rates Calculator: Sometimes, when people have a large amount and don't require it in the near future, they also invest in FD. Senior citizens choose FD investments to get a regular income. Public and private banks, small finance banks, and foreign banks run FD schemes.
General Citizens FD Interest Rates: Investors who want to invest money in non-market-linked investment tools and want a guaranteed return on their investment invest in fixed deposit (FD) schemes. Sometimes, when people have a large amount and don't require it in the near future, they also invest in FD. Senior citizens choose FD investments to get a regular income. Public and private banks, small finance banks, and foreign banks run FD schemes. They have special FDs and other schemes of different durations. Interest rates may vary from bank to bank. In this write-up, know the FD interest rates of SBI, Punjab National Bank (PNB), Canara Bank, HDFC Bank, and ICICI Bank in the 1-, 3-, and 5-year FDs. Also know what Rs 3 lakh and Rs 6 lakh investment in their 5-year FDs can give on maturity. (Data Source: Paisabazaar.com)
Photos: Unspalsh/Pixabay
SBI FD interest rates
State Bank India offers 6.80 per cent interest rate in its 1-year FD, while the interest rates for its 3- and 5-year FDs are 6.75 per cent and 6.50 per cent, respectively.
Maturity on Rs 3 lakh and Rs 6 lakh investments in SBI's 5-year FD
On a Rs 3 lakh investment, the estimated interest will be Rs 1,14,126, and the estimated maturity amount will be Rs 4,14,126.
Maturity on Rs 3 lakh and Rs 6 lakh investments in SBI's 5-year FD
On a Rs 6 lakh investment, the estimated interest will be Rs 2,28,252, and the estimated maturity will be Rs 8,28,252.
PNB FD Interest Rates
Punjab National Bank (PNB) offers 6.80 per cent interest rate in its 1-year FD. In its 3-year and 5-year FD, the rates are 7.00 per cent and 6.50 per cent, respectively.
Maturity on Rs 3 lakh and Rs 6 lakh investments in PNB's 5-year FD
On a Rs 3 lakh investment in the PNB FD, the estimated interest will be Rs 1,14,126, and the estimated maturity amount will be Rs 4,14,126.
Maturity on Rs 3 lakh and Rs 6 lakh investments in PNB's 5-year FD
On a Rs 6 lakh investment in the PNB FD, the estimated interest will be Rs 2,28,252, and the estimated maturity will be Rs 8,28,252.
Canara Bank FD Rates
Canara Bank is offering 6.85 per cent interest rate in its 1-year FD. The interest rates for its 3-year and 5-year FDs are 6.80 per cent and 6.70 per cent, respectively.
Maturity on Rs 3 lakh and Rs 6 lakh investments in Canara Bank's 5-year FD
On a Rs 3 lakh investment in Canara Bank's FD, the estimated interest will be Rs 1,18,220, and the estimated maturity amount will be Rs 4,18,220.
Maturity on Rs 3 lakh and Rs 6 lakh investments in Canara Bank's 5-year FD
On a Rs 6 lakh investment in Canara Bank's FD, the estimated interest will be Rs 2,36,440, and the estimated maturity will be Rs 8,36,440.
HDFC Bank FD Rates
The country's leading is offering 6.60 per cent interest rate in its 1-year FD. The rates for its 3-year and 5-year FDs are 7.00 per cent each.
Maturity on Rs 3 lakh and Rs 6 lakh investments in HDFC Bank's 5-year FD
On a Rs 3 lakh investment in the HDFC Bank FD, the estimated interest will be Rs 1,24,433, and the estimated maturity amount will be Rs 4,24,433.
Maturity on Rs 3 lakh and Rs 6 lakh investments in HDFC Bank's 5-year FD
On a Rs 6 lakh investment in the HDFC Bank FD, the estimated interest will be Rs 2,48,867, and the estimated maturity will be Rs 8,48,867.
ICICI Bank FD Rates
One of the leading private banks has 6.70 per cent interest rate in its 1-year FD. The FD rate in its 3- and 5-year schemes is 7.00 per cent each.
Maturity on Rs 3 lakh and Rs 6 lakh investments in ICICI Bank's 5-year FD
On a Rs 3 lakh investment in the ICICI Bank FD, the estimated interest will be Rs 1,24,433, and the estimated maturity amount will be Rs 4,24,433.
Maturity on Rs 3 lakh and Rs 6 lakh investments in ICICI Bank's 5-year FD
On a Rs 6 lakh investment in the ICICI Bank FD, the estimated interest will be Rs 2,48,867, and the estimated maturity will be Rs 8,48,867.
Disclaimer
(Our calculations are projections. Actual returns may vary.)