Bank FD Rates: Fixed deposit can prove to be a better option than a piggy bank for savings. Customers invest a lump sum amount for a fixed period. Banks also offer different interest rates on different tenures. These rates also change from time to time.
Customers can choose any tenure from 7 days to 10 years. FD can be purchased for any period of 1 year, 2 years, 5 years. There are many banks which are offering attractive interest on 3-year FDs in October. The rates are more than 8%. Let’s find out which bank is offering the highest interest on 3-year domestic FDs-
Jana Small Finance Bank (3 Years FD Rates)
This small finance bank is offering 8.25% interest to general citizens on 3-year FDs. It is giving 0.5% extra interest to senior citizens. You can invest up to Rs 10 lakh in it.
Utkarsh Small Finance Bank (Fixed Deposit Interest)
This small finance bank is also offering attractive interest on 3-year FDs. It is offering 8.5% interest to general citizens on tenures ranging from 2 years to 3 years. The interest rate for senior citizens is 9.10%. You can invest less than Rs 3 crore.
Surya Small Finance Bank (SSFB FD Rates)
This bank is also offering attractive interest on 3-year FDs. It is offering 8.60% interest to general citizens on tenures ranging from 2 years 3 days to 3 years. Senior citizens are getting 9.10% interest. You can invest less than Rs 3 crore.
Unity Small Finance Bank
This bank is offering 8.15% interest to general citizens on 3-year FDs. Tenures from 1002 days to 3 years have to be chosen. Senior citizens are getting 8.65% interest.
(Disclaimer: The purpose of this article is only to share general information, which is based on various sources. MP Breaking News does not recommend investing in any bank FD, scheme, stock market, IPO or fund.)
