₹50,000 Fixed Deposits for 1, 3, and 5 Years

What is a Fixed Deposit?

A fixed deposit is a financial instrument offered by banks and NBFCs in India, where an individual deposits a lump sum for a fixed tenure at a predetermined rate of interest. It is commonly used to set aside money for future requirements. Upon the end or at maturity of the tenure, the depositor receives the amount along with the compound interest.

A fixed deposit offers competitive returns and provides tax benefits under Section 80C with the 5-Year Tax-saving FDs.

Interest on ₹50,000 Fixed Deposits for 1, 3, and 5 Years

Interest earned on a ₹50,000 fixed deposit varies by tenure and bank, with different rates offered for 1, 3, and 5 years. Below is the detailed rate table for different tenures:

1.  ₹50,000 FD for 1 Year Tenure

   The rate of interest on ₹50,000 FD for 1 year may vary from bank to bank. In addition, the FD interest rates explicitly depend on the age of the citizen. For example, in the case of a regular citizen, the rate of interest could be low. However, in the case of senior citizens, the interest rate of ₹50,000 FD for 1 year could be high by 0.25% - 1.00%.

   Bank	General Rate (% p.a.)	Senior Citizen Rate (% p.a.)
   DCB Bank Limited	6.90	7.15
   Bandhan Bank Limited	7.00	7.50
   Deutsche Bank	5.00	5.00
   City Union Bank Limited	6.75	7.00
   Yes Bank	6.65	7.15
   IndusInd Bank	6.75	7.25
   Union Bank of India	6.40	6.90
   IDFC First Bank	6.30	6.80
   Canara Bank	6.25	6.75
   Kotak Mahindra Bank Limited	6.25	6.75
   DBS	6.30	6.80
   Punjab National Bank	6.25	6.75
   HDFC Bank	6.25	6.75

   *FD interest rates as of September 2025.

2.  ₹50,000 FD for 1 Year in SBI (State Bank of India)

   State Bank of India is a noteworthy bank to open an account of ₹50,000 FD for 1 year. One may obtain the following interest for regular and senior citizens:

   Category	Interest Rate (% p.a.)	Interest Earned
   Regular FD	6.25	₹3,130
   Senior Citizen FD	6.75	₹3,380

   *These rates apply to domestic term deposits below ₹3 crores.
   **Interest rates as of September 2025.

3. ₹50,000 FD for 3 Years

   You can choose the FD plan for both short and long term as per your financial needs. In order to meet the long-term goal, such as marriage, education, etc., you must deposit a fixed amount for 5 to 10 years. However, in order to meet the short-term goal, such as buying a car, planning a vacation trip, etc., 3 years is likely to be an ideal period. Therefore, you may consider depositing ₹50,000 for 3 years in your choice of bank.

   In the following table, let us discuss the interest rate provided by banks for a 3-year tenure:

   Bank	General Rate (% p.a.)	Senior Citizen Rate (% p.a.)
   DCB Bank	7.00	7.25
   Bandhan Bank	7.00	7.50
   Deutsche Bank	6.25	6.25
   City Union Bank	6.65	6.90
   Yes Bank	7.00	7.75
   IndusInd Bank	6.75	7.25
   Union Bank of India	6.60	7.10
   IDFC First Bank	6.75	7.25
   Canara Bank	6.25	6.75
   Kotak Mahindra Bank	6.40	6.90
   DBS	6.40	6.90
   Punjab National Bank	6.40	6.90
   HDFC Bank	6.45	6.95

   *Interest rates as of September 2025.

4.  ₹50,000 FD for 3 Years in SBI

   A fixed deposit (FD) of ₹50,000 for 3 years in SBI allows you to earn returns at the applicable FD interest rates. The following table shows the interest earned on investing ₹50,000 for 3 years in SBI:

   Category	Interest Rate (% p.a.)	Interest Earned
   Regular FD	6.30	₹10,100
   Senior Citizen FD	6.80	₹10,900

5. ₹50,000 FD for 5 Year Tenure

   The following are the current Fixed Deposit interest rates for a 5-year tenure, both for regular and senior citizens:

   Bank	General Rate (% p.a.)	Senior Citizen Rate (% p.a.)
   DCB Bank Limited	7.00	7.25
   Bandhan Bank Limited	5.85	6.60
   Deutsche Bank	6.25	6.25
   City Union Bank Limited	6.25	6.50
   Yes Bank	6.75	7.50
   IndusInd Bank	6.65	7.15
   Union Bank of India	6.40	6.90
   IDFC First Bank	6.60	7.10
   Canara Bank	6.25	6.75
   Kotak Mahindra Bank Ltd	6.25	6.75
   DBS Bank	6.25	6.75
   Punjab National Bank	6.25	6.75
   HDFC Bank	6.40	6.90

   *Interest rates as of September 2025.

6.  ₹50,000 FD for 5 Years in SBI

   You may consider depositing INR 50,000 FD for 5 years in SBI for long-term planning. The SBI offers the following interest rates on ₹50,000 FD for 5 years: 

   Category	Interest Rate (% p.a.)	Interest Earned
   Regular FD	6.05	₹17,100
   Senior Citizen FD	7.05	₹20,300

   Before choosing an FD scheme for a 5-year tenure, you must compare the interest rate of SBI with other banks in India providing the same services at different rates of return. 

FD Calculator

A fixed deposit (FD) scheme helps you grow your savings by offering returns at a predetermined rate for a chosen tenure. If you are considering a ₹50,000 FD for 1, 3, or 5 years, it is important to understand how much interest you will earn and what the final maturity amount will be. An FD calculator makes this process simple by showing you the estimated returns based on the tenure, interest rate, and compounding frequency.

Key Takeaways

Investing ₹50,000 into a fixed deposit for 1, 3, or 5 years allows you to grow your savings over time. A shorter duration, such as 1 year, lets you access your funds sooner, while longer terms, like 3 or 5 years, tend to offer higher interest rates, which means greater returns. The best option depends on your financial goals and how soon you may need the money.