₹10 lakh FD for 3 years: what you get back at 33 banks
Last checked 3 November 2026. Card rates for a regular deposit below ₹3 crore.
₹10 lakh in a 3-year fixed deposit grows to ₹12,68,242 at Jana Small Finance Bank, the highest rate in our list at 8.00%. At SBI's 6.30% it becomes ₹12,06,263, which is ₹61,979 less. The post office 3-year time deposit at 7.1% would grow it to ₹12,35,075.
Top 10 banks for ₹10 lakh over 3 years
| Bank | Rate | Interest earned | You get back | Senior gets back |
|---|---|---|---|---|
| Jana Small Finance Bank Small finance bank, ranked 1st of 33 | 8.00% | ₹2,68,242 | ₹12,68,242 | ₹12,79,478 |
| Utkarsh Small Finance Bank Small finance bank, ranked 2nd of 33 | 7.50% | ₹2,49,716 | ₹12,49,716 | ₹12,64,517 |
| AU Small Finance Bank Small finance bank, ranked 3rd of 33 | 7.40% | ₹2,46,041 | ₹12,46,041 | ₹12,64,517 |
| City Union Bank Private, ranked 4th of 33 | 7.30% | ₹2,42,376 | ₹12,42,376 | ₹12,49,716 |
| IndusInd Bank Private, ranked 5th of 33 | 7.25% | ₹2,40,547 | ₹12,40,547 | ₹12,62,658 |
| Bandhan Bank Private, ranked 6th of 33 | 7.25% | ₹2,40,547 | ₹12,40,547 | ₹12,58,948 |
| Ujjivan Small Finance Bank Small finance bank, ranked 7th of 33 | 7.20% | ₹2,38,721 | ₹12,38,721 | ₹12,57,097 |
| Equitas Small Finance Bank Small finance bank, ranked 8th of 33 | 7.10% | ₹2,35,075 | ₹12,35,075 | ₹12,53,401 |
| IDFC FIRST Bank Private, ranked 9th of 33 | 7.10% | ₹2,35,075 | ₹12,35,075 | ₹12,44,207 |
| Yes Bank Private, ranked 10th of 33 | 7.00% | ₹2,31,439 | ₹12,31,439 | ₹12,58,948 |
The big banks for ₹10 lakh over 3 years
| Bank | Rate | Interest earned | You get back | Senior gets back |
|---|---|---|---|---|
| State Bank of India Public sector, ranked 21st of 33 | 6.30% | ₹2,06,263 | ₹12,06,263 | ₹12,24,197 |
| HDFC Bank Private, ranked 16th of 33 | 6.45% | ₹2,11,618 | ₹12,11,618 | ₹12,29,625 |
| ICICI Bank Private, ranked 17th of 33 | 6.45% | ₹2,11,618 | ₹12,11,618 | ₹12,29,625 |
| Axis Bank Private, ranked 14th of 33 | 6.50% | ₹2,13,408 | ₹12,13,408 | ₹12,31,439 |
| Kotak Mahindra Bank Private, ranked 18th of 33 | 6.40% | ₹2,09,830 | ₹12,09,830 | ₹12,31,439 |
| Bank of Baroda Public sector, ranked 22nd of 33 | 6.25% | ₹2,04,483 | ₹12,04,483 | ₹12,22,393 |
| Punjab National Bank Public sector, ranked 20th of 33 | 6.30% | ₹2,06,263 | ₹12,06,263 | ₹12,24,197 |
| Canara Bank Public sector, ranked 23rd of 33 | 6.25% | ₹2,04,483 | ₹12,04,483 | ₹12,22,393 |
| Union Bank of India Public sector, ranked 27th of 33 | 6.10% | ₹1,99,157 | ₹11,99,157 | ₹12,16,994 |
Interest compounds every quarter and is paid at maturity, before tax. Rates are each bank's card rate for exactly 3 years. See all 33 banks for 3 years.
Is ₹10 lakh fully insured?
DICGC insures deposits up to ₹5 lakh per depositor per bank, principal and interest together. At the top rate, ₹10 lakh grows to ₹12,68,242. To keep every rupee covered, split it across at least 3 banks, about ₹3,33,333 in each.
Will TDS be deducted?
Banks deduct TDS when your total FD interest at that bank in a financial year crosses ₹50,000, or ₹1,00,000 for senior citizens. At 8.00%, ₹10 lakh earns about ₹82,432 in the first year, so TDS will be deducted for a regular depositor unless they have other deposits at the same bank. A senior citizen at 8.30% earns about ₹85,619 in the first year, so TDS will not apply. The interest is taxable at your slab rate either way.
Taking interest out every quarter
If you need regular income, choose quarterly payout. ₹10 lakh at 8.00% pays ₹20,000 every quarter and returns the ₹10 lakh at the end. At SBI it pays ₹15,750 a quarter.
Other amounts and terms
₹1 lakh for 3 years · ₹2 lakh for 3 years · ₹5 lakh for 3 years · ₹25 lakh for 3 years · ₹10 lakh for 1 year · ₹10 lakh for 2 years · ₹10 lakh for 5 years
Questions people ask
How much interest will I get on ₹10 lakh FD for 3 years?
At Jana SFB's 8.00% you earn ₹2,68,242 and get back ₹12,68,242. At SBI's 6.30% you earn ₹2,06,263. Both figures assume interest is reinvested every quarter and paid at maturity.
What is the monthly or quarterly interest on ₹10 lakh?
If you take interest out every quarter instead of reinvesting it, ₹10 lakh at 8.00% pays ₹20,000 a quarter. At 6.30% it pays ₹15,750. Monthly payouts are slightly lower than a third of this, because banks discount them.
Is ₹10 lakh in one bank FD safe?
Only up to ₹5 lakh is insured. DICGC insures deposits up to ₹5 lakh per depositor per bank, principal and interest together. To keep all of it covered, spread it across at least 3 banks.
More FD rate pages
1-year FD rates · 2-year FD rates · 3-year FD rates · 5-year FD rates · Senior citizen FD rates · Tax-saver FD rates · All FD rate pages · Post office FD rates · SCSS interest rate
Sources: Jana Small Finance Bank deposit rates; Utkarsh Small Finance Bank deposit rates; AU Small Finance Bank deposit rates; City Union Bank deposit rates; IndusInd Bank deposit rates; Bandhan Bank deposit rates; Ujjivan Small Finance Bank deposit rates; Equitas Small Finance Bank deposit rates; IDFC FIRST Bank deposit rates; Yes Bank deposit rates; State Bank of India deposit rates; HDFC Bank deposit rates; ICICI Bank deposit rates; Axis Bank deposit rates; Kotak Mahindra Bank deposit rates; Bank of Baroda deposit rates; Punjab National Bank deposit rates; Canara Bank deposit rates; Union Bank of India deposit rates; DICGC: About us and deposit insurance cover; ICICI Bank: FD interest rates and TDS; Bandhan Bank: rates and charges, TDS on term deposits.