FD Scheme: If you are thinking of making a fixed deposit in any bank, then there is good news for you because India’s largest private sector HDFC Bank has made a big change in the interest rates of FD ranging from Rs 2 crore to Rs 5 crore. Do you know…
HDFC Bank, India’s largest private sector lender, has revised its interest rates on bulk fixed deposits (FDs) ranging from ₹2 crore to less than ₹5 crore.
After the revision, HDFC Bank is currently offering interest rates on FDs of 7 days to 10 years ranging from 4.75% to 7.40% for the general public and 5.25% to 7.90% for senior individuals.
According to the official website of HDFC Bank, the interest rates on these deposits are effective from 3 February 2024. The maximum interest rate on deposits maturing in less than 1 year to 15 months is currently 7.90% for senior citizens and 7.40% for regular customers.
HDFC Bank Bulk FD Rates for General Customers
On bulk deposits maturing in 7 to 29 days, the bank is now offering an interest rate of 4.75% and on deposits maturing in 30 – 45 days, HDFC Bank is now offering an interest rate of 5.50%.
HDFC Bank is now promising an interest rate of 5.75% on deposit tenure of 46 – 60 days and 6.00% on deposit tenure of 61 – 89 days.
-7 – 14 days 4.75%
-15 – 29 days 4.75%
-30 – 45 days 5.50%
-46 – 60 days 5.75%
-61 – 89 days 6.00%
-90 days <= 6 months 6.50%
-6 months 1 day <=9 months 6.65%
-9 months 1 day to < 1 year 6.75%
-1 year to <15 months 7.40%
-15 months to <18 months 7.05%
-18 months to <21 months 7.05%
-21 months to 2 years 7.05%
-2 years 1 day to 3 years 7.00%
-3 years 1 day to 5 years 7.00%
-5 years 1 day to 10 years 7.00%
FD rates for senior citizens
-7 – 14 days 5.25%
-15 – 29 days 5.25%
-30 – 45 days 6.00%
-46 – 60 days 6.25%
-61 – 89 days 6.50%
-90 days <= 6 months 7.00%
-6 months 1 day <=9 months 7.15%
-9 months 1 day to < 1 year 7.25%
-1 year to <15 months 7.90%
-15 months to <18 months 7.55%
-18 months to <21 months 7.55%
-21 months to 2 years 7.55%
-2 years 1 day to 3 years 7.50%
-3 years 1 day to 5 years 7.50%
-5 years 1 day to 10 years 7.75%*
