8 BANKS THAT OFFER HIGH INTEREST ON 3 YEAR FIXED DEPOSITS
Published By Gurpreet Singh | 05 Dec, 2024
Many prefer fixed deposits (FDs) for stability and guaranteed returns, with various banks now offering competitive interest rates on three-year FDs. Let's explore these banks.
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Here are 8 banks who offers high interest on 3 year fixed deposits.
Credit : Mint/Print
HDFC Bank
HDFC Bank offers 7 percent interest on its fixed deposits to general citizens and 7.5 percent to senior citizens.
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Kotak Mahindra Bank
Kotak Mahindra Bank offers 7 percent interest on fixed deposits to general citizens and 7.5 percent to senior citizens.
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SBI
SBI offers 6.75 percent on its 3-year fixed deposit to general citizens and 7.25 percent to senior citizens.
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ICICI Bank
ICICI Bank offers 7 percent interest on FDs to general citizens and 50 basis points higher to senior citizens.
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Federal Bank
The Federal Bank offers 7 percent interest on fixed deposits to general citizens and 7.5 percent to senior citizens.
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Union Bank of India
Union Bank of India offers 6.7 percent and 7.2 percent on 3-year fixed deposits with effect from Nov 1.
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Punjab National Bank
Punjab National Bank offers 7 percent and 7.5 percent interest to general citizens and senior citizens from October 1.
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Canara Bank
Canara Bank recently revised its rates. The bank is offering 7.4% on three-year fixed deposits for general citizens and 7.9% for seniors.