Senior Citizen: Senior citizens are in for a treat, they will get Rs 26,000 interest on FD of Rs 1 lakh..
Shikha Saxena February 28, 2025 05:15 PM

In today's time, everyone wants a good return by investing their savings. Getting this return in a short time gives a lot of financial benefit to the investor. If you also want a strong return in less time and minimum investment, then FD (bank FD) is the best option for this. Some banks are providing an opportunity for senior citizens to earn good returns. Here we are telling you about some such banks that are giving great interest rates on FD of 1 lakh. In a big bank, you can get an interest of 26 thousand (Fixed Deposit Interest Rates) on an investment of 1 lakh.

Bumper interest is being given on a 3-year FD-

In today's time, fixed deposit (FD interest rates) is called an investment with low risk and guaranteed return. Many people including senior citizens also want maximum return from their investment nowadays. They also keep looking for a bank that is giving the highest interest on bank FD. However, different interest rates are fixed for different periods in FD and returns are received on the investment made accordingly. If you are also thinking of investing in a 3-year FD, let us know about those banks that are giving strong interest on FD of Rs 1 lakh.

Interest rates on FD in Bank of Baroda-

Bank of Baroda is one of the big and leading banks in the country. It is giving interest at the rate of 7.75 percent on three-year FD to senior citizens. If a senior citizen makes an FD of Rs 1 lakh in Bank of Baroda, which is counted among the public sector banks, then this amount will become Rs 1 lakh 26 thousand on the maturity of the FD. That is, Rs 26 thousand in this will be available as interest (BOB FD interest rate for senior citizens).

Interest rates in Axis Bank-

Axis Bank is also offering better interest rates to senior citizens (Axis Bank FD interest rate for senior citizens). This bank is giving interest at the rate of 7.60 percent to senior citizens on a three-year fixed deposit (FD). At this interest rate in this bank's FD, an amount of Rs 1 lakh will become Rs 1 lakh 25 thousand in three years.

Interest rates in HDFC, PNB and ICICI -

HDFC Bank, ICICI Bank, and Punjab National Bank (PNB FD interest rates) are also well-known banks in the country. All three banks give an interest rate of 7.50 percent to senior citizens (HDFC FD interest rate for senior citizens) on a three-year FD. The amount of Rs 1 lakh invested in these banks will become one and a quarter lakh i.e. 1 lakh 25 thousand after three years. Which is beneficial for senior citizens.

Canara Bank -

Canara Bank provides 7.30 percent interest rates to senior citizens on 3-year FDs (Canara Bank FD interest rates). In this, an interest of 24 thousand rupees is available on investing 1 lakh rupees in a period of 3 years.

State Bank of India -

State Bank of India is giving 7.25 percent interest on investing 1 lakh rupees on a 3-year FD (SBI FD interest rate for senior citizens). This amount gives an interest of 24 thousand on the maturity of FD.

Interest rates in Bank of India -

Bank of India and Union Bank of India are the two banks that give a 7 percent rate on three-year fixed deposits to senior citizens on an investment of 1 lakh. An investment of 1 lakh made in these will give 23 thousand rupees as interest after 3 years.

Indian Bank -

Indian Bank's interest rates are also not low, but a little less than the banks given here. This bank gives interest to senior citizens at the rate of 6.75 percent (Indian Bank FD interest rate for senior citizens) on three-year fixed deposits. In this, an amount of Rs 1 lakh will grow to Rs 1.22 lakh in three years. In this, you will get Rs 22 thousand as interest.

Disclaimer: This content has been sourced and edited from Hr Breaking. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.

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