Latest FD Interest Rates: Know what investors will get on Rs 12 lakh investment in 3-year FDs of SBI, BoB, PNB and other banks
Fixed deposit (FD) interest rates vary from bank to bank. The maturity amount depends on the tenure and the invested amount. Banks offer higher interest rates to senior citizens compared to what they offer to general citizens. Some PSU banks like SBI, BoB, PNB, Canara Bank, and private banks such as HDFC Bank, and ICICI Bank provide competitive FD interest rates to general and senior citizens. In FDs, you can invest a lump sum amount for a fixed duration to get interest on maturity. However, the deposited amount can be withdrawn before the maturity date by paying a penalty. A look at FD interest rates by these banks:
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SBI FD interest rates
State Bank of India (SBI) provides 7.25 per cent interest on 444 days Amrit Vrishti FD scheme to general citizens, while the bank gives 6.80 per cent, 6.75 per cent and 6.50 per cent interest rates on 1-year, 3-year, and 5-year FDs, respectively.
SBI- 1 year-3 year-5 year FD rates for senior citizens
In the 1-year FD, SBI gives a 7.30 per cent interest rate to senior citizens, while in the 3- and 5-year FDs, the bank provides 7.25 per cent and 7.50 per cent interest rates, respectively.
What will be your maturity amount on the Rs 12 lakh investment in SBI?
In 3 years, senior citizens will get Rs 14,88,656 on maturity, while general citizens will get Rs 14,66,872.
PNB FD interest rates for 1yr-3yr-5yr tenure
PNB provides 7.25 per cent interest on a 400-day FD scheme, while it offers 6.80 per cent, 7 per cent and 6.50 per cent interest rates on 1-year, 3-year, and 5-year FDs, respectively.
Punjab National Bank- 1 year-3 year-5 year FD rates for senior citizens
PNB offers a 7.30 per cent interest rate to senior citizens in the 1-year FD, 7.50 per cent in 3-year FD, and 7.00 per cent in the 5-year FD.
What will be your maturity amount on the Rs 12 lakh investment in PNB?
In the 3-year FD, senior citizens will get Rs 14,99,660 on maturity, while general citizens will get Rs 14,77,727.
BoB FD interest rates for 1 year-3 year-5 year tenures
Bank of Baroda provides 7.30 per cent interest on its 400-day FD, while the bank gives 6.85 per cent, 7.15 per cent and 6.80 per cent interest rates on the 1-year, 3-year, and 5-year FDs, respectively.
BoB- 1 year-3 year-5 year FD rates for senior citizens
BoB offers 7.35 per cent interest rate to senior citizens in the 1-year FD, 7.65 per cent in the 3-year FD, and 7.15 per cent in the 5-year FD.
What will be your maturity amount on the Rs 12 lakh investment in BoB?
In the 3-year FD, senior citizens will get Rs 15,06,297 on maturity, while general citizens will get Rs 14,84,276.
Canara Bank FD interest rates
Canara Bank provides 7.25 per cent interest on its 444-day FD, while the bank gives 6.85 per cent, 6.80 per cent and 6.70 per cent interest rates on its 1-year, 3-year, and 5-year FDs, respectively.
Canara Bank- 1 year-3 year-5 year FD rates for senior citizens
Canara Bank offers a 7.35 per cent interest rate to senior citizens in the 1-year FD, 7.30 per cent in the 3-year FD, and 7.20 per cent in the 5-year FD.
What will be your maturity amount on the Rs 12 lakh investment in Canara Bank?
In the 3-year FD, senior citizens will get Rs 14,90,851 on maturity, while general citizens will get Rs 14,69,037.
HDFC FD interest rates for 1 year-3 year- 5 year tenures
HDFC provides 7.40 per cent interest on 4 Year 7 Months (55 months) FD, while the bank gives 6.60 per cent, 7 per cent and 7 per cent interest rates on its 1-year, 3-year, and 5-year FDs, respectively.
HDFC Bank- 1 year-3 year-5 year FD rates for senior citizens
HDFC Bank offers a 7.10 per cent interest rate to senior citizens in the 1-year FD, 7.50 per cent in the 3-year FD, and 7.50 per cent in the 5-year FD, respectively.
What will be your maturity amount on Rs 12 lakh investment in HDFC Bank?
In the 3-year FD, senior citizens will get Rs 14,99,660 on maturity, while general citizens will get Rs 14,77,727.
ICICI FD interest rates
ICICI provides 7.25 per cent interest on 15 months to 2 years FD scheme, while the bank gives 6.70 per cent, 7 per cent and 7 per cent interest rates on 1-year, 3-year, and 5-year FDs, respectively.
ICICI Bank- 1 year-3 year-5 year FD rates for senior citizens
ICICI Bank offers a 7.20 per cent interest rate to senior citizens in the 1-year FD, 7.50 per cent in the 3-year FD, and 7.50 per cent in the 5-year FD, respectively.
What will be your maturity amount on Rs 12 lakh investment in ICICI Bank?
In the 3-year FD, senior citizens will get Rs 14,99,660 on maturity, while general citizens will get Rs 14,77,727.