Senior Citizen FD Rates: Are you also planning to invest in FD? If you are also looking for the option of investing in FD for three years, then here we are telling you how much interest and return you will get on 3 year FD.
Senior Citizen FD Rates: Are you also planning to invest in FD? If you are also looking for the option of investing in FD for three years, then here we are telling you how much interest and return you will get on FD of 3 years. FD helps senior citizens to create an emergency fund.
FD provides liquidity and also gives regular interest income. Interest on FD is taxable. Currently, private and public sector banks are giving up to 7.75 percent interest on three-year FD to senior citizens. Here we are telling you about the interest on three year FD of top 10 banks and the interest on investment of Rs 1,00,000.
Bank of Baroda
Interest rate on three year FD for senior citizens: 7.75%
Rs 1 lakh invested for three years will grow to Rs 1.26 lakh.
Axis Bank
Interest rate on three year FD for senior citizens: 7.60%
Rs 1 lakh invested for three years will grow to Rs 1.25 lakh.
HDFC Bank, ICICI Bank and Punjab National Bank
Interest rate on three year FD for senior citizens: 7.50%
Rs 1 lakh invested for three years will grow to Rs 1.25 lakh.
Canara Bank
Interest rate on three year FD for senior citizens: 7.30%
Rs 1 lakh invested for three years will grow to Rs 1.24 lakh.
State Bank of India and Bank of India
Interest rate on three year FD for senior citizens: 7.25%
Rs 1 lakh invested for three years will grow to Rs 1.24 lakh.
Union Bank of India
Interest rate on three year FD for senior citizens: 7%
Rs 1 lakh invested for three years will grow to Rs 1.23 lakh.
Indian Bank
Interest rate on three year FD for senior citizens: 6.75%
Rs 1 lakh invested for three years will grow to Rs 1.22 lakh.
