FD Update: You will get a return of Rs 1,23,750 in 3-year FD, know about this special scheme..

RBI i.e. Reserve Bank of India has cut the repo rate after several years, after which most of the government and private banks have reduced the interest rates of fixed deposits (FD Rate). This move of the banks has come as a big blow to those who invest in FD. Senior citizens have been affected the most.

But despite this, many banks are offering bumper interest on FD (FD Rates). If you want to invest in FD and are looking for banks that give higher interest, then this news is of your use. Today we are telling you about those banks that are giving the highest interest on 3-year FD. Let's know -

Canara Bank FD Interest Rate -

Canara Bank (Canara Bank FD Rate) is providing the highest interest to its customers on 3-year FD. The bank is giving 7.2 percent interest to general customers. If an investor invests Rs 5 lakh for three years at an interest rate of 7.2 percent, then the amount on maturity will be around Rs 6 lakh 8 thousand. This means that a return of Rs 1 lakh 8 thousand will be received.

At the same time, the bank is giving 0.50 percent more interest to senior citizens than to ordinary citizens. That is, senior citizens are being given interest at the rate of 7.7 percent. In such a situation, by investing Rs 5 lakh in FD for 3 years, the total amount on maturity will be Rs 1,15,500 lakh.

Equitas Small Finance Bank

Equitas Small Finance Bank is offering interest at the rate of 7.75 percent to general customers on a 3-year FD. If a common citizen invests Rs 5 lakh in this bank's three-year FD at an interest rate of 7.75 percent, then the total amount on maturity will become Rs 6,16,250. This means that you will get an interest of Rs 1,16,250 in this FD.

On the other hand, if a senior citizen invests in this FD at an interest rate of 8.25 percent, then the amount will increase from Rs 5 lakh to Rs 6,23,750.

AU Small Finance Bank FD Interest Rate

AU Small Finance Bank (AU Small Finance Bank FD Rate) is giving 7.5 percent interest to general customers on 3-year FD. If a general customer invests Rs 5 lakh in this bank's 3-year FD at an interest rate of 7.5 percent, then the total amount on maturity will become Rs 6,16,250 lakh. On the other hand, the interest rate for senior citizens is 8 percent.

Bank of Baroda FD interest rate -

Bank of Baroda (Bank of Baroda FD Rate) is giving interest at the rate of 7.15 percent to general customers on a 3-year FD. In such a situation, an investment of Rs 5 lakh will grow to Rs 607250 lakh after 3 years.

At the same time, the interest rate for senior citizens is 7.65 percent. At the same time, HDFC Bank (HDFC Bank FD Rate), ICICI Bank (ICICI Bank) and Axis Bank are giving interest at the rate of 6.9 percent on 3-year FD to the general public.

SBI and Punjab National Bank

State Bank of India (SBI FD Rate) and Punjab National Bank are giving interest at the rate of 6.75 percent on a 3-year FD to the general public. By investing Rs 5 lakh in these banks, you will get Rs 601250 lakh on maturity.

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