Saturday, June 3rd, 2023

These banks are giving more interest on FD of 3 years, know where to invest right?

Fixed Deposit: In modern times, many investment options have opened up in front of people. People are investing in everything from government schemes to stock market and bank FDs. After increasing the repo rate by 2.25 percent from the central bank this year, now banks have increased their fixed deposit rates even more. Along with this, banks have also given the option of special FD.

If you are planning to invest in Fixed Deposit, then for Senior Citizen, here is information about the Fixed Deposit Rates of some banks for three years of investment, which is beneficial for investors. Paying more interest to Let us know that by investing in which bank’s FD, you will get more interest.


This bank is giving more than 9 percent interest to investors on fixed deposits. Interest on FD for common citizens is being given from 3.75 percent to 7.85 percent on tenure ranging from 7 days to 3 years. On the other hand, senior citizens are being given 4.25 percent interest on 7 days tenure and up to 8.35 percent interest on three years tenure.

AU Small Finance Bank Fixed Deposit

According to the bank’s website, this small finance bank is offering interest ranging from 3.75 to 7.75 per cent on fixed deposits for common citizens with a tenure of 7 days to three years. While for senior citizens, interest ranging from 5.09 percent to 7.98 percent is being given between 1 month and 3 years.

IDFC First Bank FD

According to the information given on the bank’s website, for common citizens, this bank is giving interest ranging from 3.50 percent to 7.50 percent on the tenure of 7 days to three years. Similarly, this bank is giving interest ranging from 4.00 per cent to 8 per cent on FDs of 7 days to three years to senior citizens.

Axis Bank FD

This bank is giving interest rate ranging from 3.50 percent to 7 percent to citizens and 3.50 percent to 7.75 percent to senior citizens on fixed deposits.

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