Fixed deposits are among the most preferred traditional investment avenues in the country. Not only do they offer attractive interest rates but also flexible tenors. You can choose to invest in an FD for 3 months, to even 10 years without hassles. 


The timeline you choose will dictate whether you have invested in a short-term FD, mid-term FD, or long-term FD. Each of these is primarily differentiated by its tenor. 

 Read on to learn more about the applicable FD interest rates for 3-month tenors across issuers, their benefits, and more. 

Fixed Deposit Interest Rates for 3 Months

The FD rates for 3 months are fairly competitive and can help you earn adequate profits. The interest rates offered to you depend on numerous factors, one of which is your age. 


Check out this table to know the FD interest rates for 3 months across various issuers.

Name of the Institution

Regular Citizens (p.a.)

Senior Citizens (p.a.)

PNB Housing Finance



Mahindra Finance



Bajaj Finance



YES Bank



AU Small Finance Bank



Ujjivan Small Finance Bank



SBI Bank



Canara Bank



IDFC First Bank



Punjab National Bank



Bank of India



Disclaimer: The above interest rates are subject to change at the issuer’s discretion.

How to Calculate Interest on an FD for 3 Months?

Estimating your returns on FD is now quick and easy, thanks to the fixed deposit calculator. 


To calculate your interest on an FD for 3 months, navigate to the FD calculator option under the ‘Investments’ category and follow these steps:

  • Step 1: Select your customer type - senior citizen or non-senior citizen 

  • Step 2: Choose the fixed deposit type – cumulative FD or non-cumulative FD
  • Step 3: Enter the amount you wish to invest in the fixed deposit

  • Step 4: Select the tenor for your FD i.e., 3 months


The FD calculator will quickly calculate and display the estimate of your interest earnings.


The 3-month FD rates vary for each issuer, so your interest earnings will also differ. You can check the interest rates on the issuer’s website and calculate the estimate accordingly. 


Alternatively, you can also calculate the returns manually. The formula is:

A = P (1+ r/n) ^nt


A = Maturity Amount

P = Principal Amount

R = Rate of Interest

N = Number of times interest is compounded

T = Total investment tenure


However, manual calculations can be time-consuming and can lead to errors. These can lead to unreliable results, which will hamper proper financial planning. 


Investing in an FD for 3 months or for any other short-term is easy. One option to consider is investing in FDs on Bajaj Markets. Here, you can compare leading issuers and invest online to get attractive FD rates for 3 months. 

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The information provided by BFDL herein above is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial investment advice or endorsement of any sort. 

The information including interest rates with regard to fixed deposit, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any investment or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, tradenames, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products. 

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FAQs on FD for 3 Months

How much can I earn on an FD for 3 Months?

Your earnings on a fixed deposit primarily depend on the deposit amount, tenor, and the applicable interest rates. The interest rates applicable on a 3-month tenor vary for each issuer, so your earnings will also vary.

What are the reasons for people to opt for a short tenor on a fixed deposit?

People, sometimes, for a short tenor as it is an efficient way to earn returns when you hold transitory funds. It offers liquidity and is also a low-risk option.

How do you calculate interest on a fixed deposit?

An easy way to calculate returns is to use an online FD calculator. All you need to do is enter the tenor and principal amount with your interest rate to get your estimated earnings.

Can we invest in an FD for 3 months?

Yes, various financial institutions offer FD for 3 months. Compare various issuers and choose one offering the best interest rates for a tenor of 3 months.

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