FD interest rates: These 7 banks are offering the highest interest on 3-year FD, see the list

Fixed Deposit i.e. FD has been a traditional investment option in India. Due to almost zero risk, people’s trust in FD is quite good. This is the reason why even today a large number of people make FDs. If you are also thinking of making an FD, then first know about the rates offered by various banks on FDs. Small finance banks offer higher interest rates on FDs as compared to big banks. Usually, banks offer higher interest on longer-term FDs. Whereas relatively lower interest rates are offered on short-term FDs. Today we are going to tell you about the interest rates on FDs offered by various banks on 3-year FDs.

HDFC Bank

HDFC Bank is offering a 7 percent interest rate to general citizens and 7.5 percent to senior citizens on a 3-year FD.

ICICI Bank

ICICI Bank is offering a 7 percent interest rate to general citizens and 7.5 percent to senior citizens on a 3-year FD.

Kotak Mahindra Bank

Kotak Mahindra Bank is offering a 7 percent interest rate to general citizens and 7.6 percent to senior citizens on a 3-year FD.

Federal Bank

Federal Bank is offering a 7 percent interest rate to general citizens and 7.5 percent to senior citizens on a 3-year FD.

Union Bank Of India

Union Bank of India is offering a 6.7 percent interest rate to general citizens and 7.2 percent to senior citizens on a 3-year FD.

State Bank Of India

State Bank of India is offering a 6.75 percent interest rate to general citizens and 7.25 percent to senior citizens on a 3-year FD.

Bank Of Baroda

Bank of Baroda is offering a 6.8 percent interest rate to general citizens and 7.4 percent to senior citizens on a 3-year FD.