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FD Interest Rate: Which bank is giving more interest on three-year FD, check the interest rate

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FD Interest Rate: Which bank is giving more interest on three-year FD, check the interest rate

FD Interest Rate: The Reserve Bank of India (RBI) maintained the repo rate at 6.5% for the 10th consecutive time in its monetary policy meeting. With this, the stance of its monetary policy was changed from withdrawal of accommodation to neutral.

FD Interest Rate: The Reserve Bank of India (RBI) maintained the repo rate at 6.5% for the 10th consecutive time in its monetary policy meeting. With this, the stance of its monetary policy was changed from withdrawal of accommodation to neutral. This means that if the inflation rate decreases in the future, a reduction in interest rates is possible. Now experts believe that if you want more interest on FD, then you should get it done now because the interest rate may decrease in the future. We are telling you how much interest the big banks of the country are offering on three-year FD.

DCB Bank

DCB Bank is offering an interest rate of 7.55 percent on three-year FD. This bank is giving the best interest among private banks. In three years, an FD of Rs 1 lakh will become Rs 1.23 lakh.

RBL Bank

RBL Bank is offering 7.50 percent interest on three-year FDs. Here a deposit of Rs 1 lakh will become Rs 1.23 lakh.

SBM Bank

SBM Bank India is offering an interest rate of 7.30 percent on FDs. If you invest Rs 1 lakh, it will become Rs 1.22 lakh on maturity.

Bandhan Bank

Bandhan Bank is offering 7.25 percent interest on three-year FDs. Here Rs 1 lakh will become Rs 1.22 lakh on maturity.

IndusInd Bank

If you open an FD of Rs 1 lakh in IndusInd Bank, you will get interest at the rate of 7.25 percent. In this, you will get Rs 1.22 lakh on maturity. Yes Bank is also offering the same interest. Here also 1 lakh will increase to Rs 1.22 lakh.

Also Read- Bank FD Highest Interest: 5 banks giving the highest interest on 1 year FD, know FD interest rates & benefits

Bank of Baroda

Bank of Baroda is offering 7.15 percent interest on three-year FDs. It is offering the highest interest among public sector banks. In three years, Rs 1 lakh will grow to Rs 1.21 lakh.

Axis Bank

Axis Bank offers an interest rate of 7.10 percent on three-year FDs, which means Rs 1 lakh will become Rs 1.21 lakh on maturity.

Federal Bank

Rs 1 lakh on three-year FD in Federal Bank at an interest rate of 7 percent will become Rs 1.21 lakh on maturity.

HDFC Bank

HDFC Bank is offering 7 percent interest on 3-year FDs. Here the money will become Rs 1.21 lakh on maturity. ICICI Bank, IDFC First Bank and Karur Vysya Bank are also offering 7 percent interest on three-year FDs.

Interest Rate on Three Year FD
Name of the Bank Rate of interest (per annum) for a period of three years How an amount of Rs 1 lakh grows in 3 years
DCB Bank 7.55 1.23 Lakh
RBL Bank 7.5 1.23 Lakh
SBM Bank India 7.3 1.22 Lakh
Bandhan Bank 7.25 1.22 Lakh
Indusind Bank 7.25 1.22 Lakh
yes bank 7.25 1.22 Lakh
Bank Of Baroda 7.15 1.21 Lakh
Axis Bank 7.10 1.21 Lakh
Federal Bank 7 1.21 Lakh
HDFC Bank 7 1.21 Lakh
ICICI Bank 7 1.21 Lakh
IDFC First Bank 7 1.21 Lakh
Karur Vysya Bank 7 1.21 Lakh
Kotak Mahindra Bank 7 1.21 Lakh
Punjab National Bank 7 1.21 Lakh
Interest Rates as on October 8, 2024
Source: Paisabazaar.com

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