Top 5 Banks Promising Returns Up To 7.25% On Fixed Deposits of 3 Years

When it comes to a deposit safety of up to Rs 5 lakhs guaranteed by the Deposit Insurance and Credit Guarantee Corporation (DICGC), as well as fixed rate of return, investing in bank fixed deposit plans is the best option for debt investors. Before applying for a fixed deposit, it is always recommended to hunt for the best or highest interest rates based on your deposit period. No doubt that you can invest in fixed deposits for short term as well as long term, but within the varying maturity period ranging from 7 days to 10 years, if you have a personal financial goal of 3 years or less than 3 years, then here the top 5 banks in India that are now providing an interest rate up to 7.25% on deposits amount of less than Rs 2 Cr maturing in less than 3 years or up to 3 years.

Note: The applicable interest rates on 3 years fixed deposits are marked in bold.

North East Small Finance Bank

North East Small Finance Bank promises the highest return of 6.75 percent to the general public and 7.25 percent to senior persons for deposits of less than Rs 2 Cr maturing in 3 years or less than 3 years.

Period	Regular FD Interest Rate In % (p.a.)	Senior Citizen FD Interest Rate In % (p.a.)
7-14 Days	3	3.5
15-29 Days	3	3.5
30-45 Days	3	3.5
46-90 Days	3.5	4
91-180 Days	4	4.5
181-365 Days	5	5.5
366 days to 729 days	6.75	7.25
730 days to less than 1095	6.75	7.25
Source: Bank Website, Effective Date: 19th April 2021

Jana Small Finance Bank

For deposits maturing in 3 years or less than 3 years, Jana Small Finance Bank is promising a return of up to 6.50% to the general public and 7.00% returns to senior citizens. The interest rate on the fixed deposit of the bank was last revised on 07.05.2021 which is as follows:

Period	Regular FD Interest Rate (p.a.)	Senior Citizen FD Interest Rate (p.a.)
7-14 days	2.50%	3.00%
15-60 days	3.00%	3.50%
61-90 days	3.75%	4.25%
91-180 days	4.50%	5.00%
181-364 days	5.50%	6.00%
1 Year[365 Days]	6.25%	6.75%
> 1 Year - 2 Years	6.50%	7.00%
>2 Years-3 Years	6.50%	7.00%
Source: Bank Website, Effective Date: 07/05/2021

Ujjivan Small Finance Bank FD Rates

For a deposit amount of less than Rs 2 Cr, maturing in less than 3 years, Ujjivan Small Finance Bank is the second bank on our list promising the highest interest rates on 3-year fds.

Tenure	Regular FD Interest Rate (p.a.)	Senior Citizen FD Interest Rate (p.a.)
7 Days to 29 Days	2.90%	3.40%
30 Days to 89 Days	3.50%	4.00%
90 Days to 179 Days	4.25%	4.75%
180 Days to 364 Days	4.75%	5.25%
1 Year to 2 Years	6.00%	6.50%
2 Years and 1 Day to 3 years	6.50%	7.00%
Source: Bank Website, with effect from 16th August, 2021

Fincare Small Finance Bank

Fincare Small Finance Bank is promising the following interest rates on deposits maturing in 3 years.

Tenure	Regular FD Interest Rate (p.a.)	Senior Citizen FD Interest Rate (p.a.)
7 days to 45 days	3%	3.50%
46 days to 90 days	3.25%	3.75%
91 days to 180 days	3.50%	4%
181 days to 364 days	5%	5.50%
12 months to 15 months	5.60%	6.10%
15 months 1 day to 18 months	5.60%	6.10%
18 months 1 day to 21 months	6%	6.50%
21 months 1 day to 24 months	6%	6.50%
24 months 1 day to 30 months	6.25%	6.75%
30 months 1 day to 36 months	6.25%	6.75%
Source: Bank Website, With effect from 29th July 2021

RBL Bank

RBL Bank is currently offering the following interest rates to both regular and senior citizens on deposits of less than Rs 3 Cr maturing in less than 3 years.

Tenure	Regular FD Interest Rate (p.a.)	Senior Citizen FD Interest Rate (p.a.)
7 days to 14 days	3.25%	3.75%
15 days to 45 days	3.75%	4.25%
46 days to 90 days	4.00%	4.50%
91 days to 180 days	4.50%	5.00%
181 days to 240 days	5.00%	5.50%
241 days to 364 days	5.25%	5.75%
12 months to less than 24 months	6.00%	6.50%
24 months to less than 36 months	6.00%	6.50%
Source: Bank Website, w.e.f. September 01, 2021