Latest FD Interest Rates 2024: Check 5 Banks Offering High Interest Rates On 3-Year Term Deposits
Check major Indian banks offering high fixed deposit interest rates on 3 year tenor.
Check major Indian banks offering high fixed deposit interest rates on 3 year tenor.
5 Banks FD Interest Rates On 3-Year Term Deposits
The FD interest rates are determined by the FD tenure and the amount invested. Depending on the option chosen when booking the FDI, the interest is either paid out at regular intervals or at maturity. Here's a comparison of the FD interest rates offered by different private and public sector banks on 3-Year Term Deposits.
SBI
HDFC Bank
ICICI Bank
On its fixed deposits with a three-year tenor, ICICI Bank pays depositors an interest rate of 7% annually. Senior citizens receive 7.5% of the total annually. The deposits with a duration of between 15 months and 2 years are eligible for the highest interest rate, which stands at 7.25 percent. These rates came into effect on August 10, 2024.
Bank of Baroda
Union Bank of India
Public sector lender Union Bank of India offers fixed deposit interest rates for FDs of up to Rs 3 crore. The bank offers FD interest rates by the highest on the 333-day period. Customers get 7.4 percent interest rates. Senior citizens get an extra interest for FDs up to Rs 5 crores in all of its domestic term deposit schemes. The new FD rates are effective from 2 August 2024.