Best FD Rates For 3 Years 2026
Fixed deposits are one of the popular investment choices amongst Indians due to their safety, stability, and assured returns. If you are planning to invest in a 3-year fixed deposit in 2026, this guide highlights the best FD interest rates to help you maximise your earnings while keeping your investment secure.
Best 2026 FD Interest Rates for Below Rs.2 Crore for 3-Year Tenure
Bank/Company | Regular Interest Rate(per annum) | Senior Citizen Interest Rate(per annum) |
7.00% | 7.50% | |
7.60% | 8.10% | |
7.00% | 7.25% | |
7.00% | 7.50% | |
7.00% | 7.50% | |
6.25% | 6.75% | |
5.85% | 6.35% |
The Interest rates are subject to change and are revised by the banks and financial institutions from time to time
3-year Fixed Deposit Key Highlights
- Shriram Finance pays the highest interest rate of 7.60% p.a. for the 3-year FD opened by the general public.
- When 3-year term deposits are opened by senior citizens, Shriram Finance pays the highest interest rate of 8.10% p.a.
List of 9 Best FD schemes for 3 years
1. AU Small Finance Bank
- AU offers attractive rates of interest on the 3-year tenure
- They offer 7.00% p.a. to the general public and 7.50% to senior citizens.
- A number of flexible interest payout options and premature withdrawal are provided by the bank.
2. Shriram Finance
- The rate of interest offered for cumulative deposits for 3 years is 7.60% p.a. for general citizens and 8.10% p.a. for senior citizens.
- The fixed deposits are offered with flexible payout options like monthly, quarterly, half-yearly, yearly, or at maturity.
- Women depositors are offered an additional 0.50% p.a. on fixed deposits.
3. Mahindra Finance
- The best FD rate is offered for the Samruddhi Cumulative Deposit scheme, where the rate of interest is 7.00% p.a. with regard to general citizens
- For senior citizens, the interest rate offered is 0.25% higher for Samruddhi Cumulative Deposit Scheme
- The interest on these deposits is compounded on an annual basis
- Various interest payout options available
4. Sundaram Finance
- Promising FD schemes with attractive interest rates and other benefits
- An interest rate of 7.00% p.a. is offered to the general public who open a 3-year term deposit with the company
- Senior citizens are provided an interest of 7.50% p.a.
- Premature withdrawal and nomination facility available
5. Equitas Small Finance Bank
- The Equitas Small Finance Bank offers a fixed deposit at an interest rate of 7.00% p.a. for general citizens and 7.50% p.a. for senior citizens.
- The bank allows partial and full premature withdrawal of the fixed deposit.
- No penalty will be levied on premature withdrawal after six months of deposit.
6. Canara Bank
- Canara Bank offers an interest rate of 6.25% p.a. on FDs for a period of 3 years
- An interest rate of 6.75% p.a. is offered to senior citizens
- Premature withdrawal facility is available
- 1% penalty fee applicable on premature withdrawal of deposits below Rs.2 crore
7. Punjab and Sind Bank
- The rate of interest paid on Punjab and Sind Bank FDs for a 3-year tenure is 5.85% p.a.
- Individuals who fall in the senior citizen bracket can earn an interest rate of 6.35% p.a.
FAQs on 3 Year Tenure FD Rates
- When will my FD interest amount get credited into my account?
This will depend on the interest payout that you have decided at the time of booking the FD. It can be on a monthly, quarterly, or annual basis in which case it will be credited into your savings account. If you have chosen the reinvestment option, then the interest gets compounded over time, being added to the principal amount, and will be credited into your savings account only when the FD matures.
- Will I get the same interest amount if I prematurely withdraw my FD?
No, you will not get the same interest amount if you prematurely withdraw your FD. Most banks levy a penalty ranging from 1% to 2% on the rate of interest if you prematurely close your FD.
- Do senior citizens get any additional interest rate benefits on fixed deposits?
Yes, senior citizens usually earn 0.25% to 0.50% higher interest than regular depositors on FDs.
- What makes NRO FD and NRE FD different from one another?
The Non-Resident External (NRE) Fixed Deposit allows non-resident Indians to send their outside earnings to an Indian account. NRIs can manage their money produced in India with an NRO Fixed Deposit (Non-Resident Ordinary).
- Are fixed deposit accounts accessible to minors?
When applying for a fixed deposit, minors can do so through a parent or legal guardian as a co-applicant at many banks and non-banking financial institutions. In the case of a Post Office Fixed Deposit or Post Office Time Deposit, minors above ten years of age can open an account, which is managed by a legal guardian until the minor turns eighteen
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