SBI vs Canara Bank vs Bank of Baroda: 3-year FD; What will be the maturity amount on Rs 9 lakh investment for general and senior citizens

A fixed deposit (FD) is a popular fixed return investment option for general and senior citizens. FDs can have various types of tenure, from as short as 7 days to as long as 10 years. The interest you receive on FD depends on the amount you invest and the length of the deposit. Depositors can choose to receive their interest payments monthly, quarterly, half-yearly, or yearly, or on maturity of the FD. 

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(Disclaimer: Our calculations are projections and not investment advice. Do your due diligence or consult an expert for financial planning)