Latest FD Interest Rates: What SBI, PNB, HDFC Bank, ICICI Bank, and Post Office are offering in 3-year fixed deposits; see calculations
Latest FD Interest Rates: Looking for a safe investment option with guaranteed returns?** If so, you may want to consider bank FDs (Fixed Deposits), as they offer secure and guaranteed returns on your investment. This is one of the main reasons why FDs are a popular choice among investors who prioritise safety.
Whether you're a seasoned investor or a first-timer, FDs from banks and post offices provide peace of mind with stable returns.
Latest FD Interest Rates
If you're thinking of investing in a 3-year FD, there are several great options available in the market with competitive interest rates. Let’s take a look at the latest rates offered by top banks like SBI, PNB, HDFC Bank, ICICI Bank, and the Post Office.
SBI FD Interest Rates
At SBI, general customers can earn an interest rate of 6.75 per cent on 3-year FDs, while senior citizens enjoy a higher rate of 7.25 per cent.
SBI FD Interest Rates: Example for Rs 50,000 Lump Sum Investment
If you invest Rs 50,000 as a lump sum in SBI's FD for 3 years then according to the calculations
- As a general customer, you will receive Rs 61,120.
- As a senior citizen, you will receive Rs 62,027.
PNB FD Interest Rates
At PNB, general customers earn an interest rate of 7 per cent on 3-year FDs, while senior citizens get 7.50 per cent.
PNB FD Interest Rates: Example for Rs 50,000 Lump Sum Investment
If you invest Rs 50,000 as a lump sum in PNB's FD for 3 years then according to the calculations
- As a general customer, you will receive Rs 61,572.
- As a senior citizen, you will receive Rs 62,486.
HDFC Bank FD Interest Rates
HDFC Bank offers 7 per cent interest for general customers and 7.50 per cent for senior citizens on 3-year FDs. These rates are also applicable on 5-year FDs.
HDFC Bank FD Interest Rates: Example for Rs 50,000 Lump Sum Investment
If you invest Rs 50,000 as a lump sum in HDFC's FD for 3 years then according to the calculations
- As a general customer, you will receive Rs 61,572.
- As a senior citizen, you will receive Rs 62,486.
ICICI Bank FD Interest Rates
At ICICI Bank, both general customers and senior citizens earn 7 per cent and 7.50 per cent, respectively, on 3-year FDs.
ICICI Bank FD Interest Rates: Example for Rs 50,000 Lump Sum Investment
If you invest Rs 50,000 as a lump sum in ICICI's FD for 3 years then according to the calculations
- As a general customer, you will receive Rs 61,572.
- As a senior citizen, you will receive Rs 62,486.
Post Office FD Interest Rates
The Post Office offers an interest rate of 7.10 per cent on 3-year FDs.
Post Office FD Interest Rates: Example for Rs 50,000 Lump Sum Investment
If you invest Rs 50,000 in Post Office FD for 3 years then according to the calculations you will receive Rs 61,754 after 3 years.