HDFC Bank FD Rates: HDFC Bank has increased the interest rates on fixed deposits by up to 35 bps. After the revision, the bank has increased the interest rates by up to 35 bps on deposits maturing in 15 months.
HDFC Bank FD Rates: HDFC Bank , the leading private sector lender, has increased interest rates on fixed deposits of less than Rs 2 crore. According to the official website of the bank, the new rates have become effective from 8 November 2022.
After the revision, the bank increased the interest rates by up to 35 bps on deposits maturing in 15 months. Now, HDFC Bank is offering interest rates on Fixed Deposits (FDs) maturing in 7 days to 10 years which range from 3% to 6.25% for general public and 3.50% to 7.00% for senior citizens.
HDFC Bank FD Rates
The bank will continue to offer an interest rate of 3.00% on deposits maturing in the next 7 to 29 days, while HDFC Bank will continue to offer an interest rate of 3.50% on deposits maturing within the next 30 to 45 days. Deposits maturing in 46 to 60 days will continue to pay 4.00% interest, while deposits maturing in 61 days to 6 months will continue to pay 4.50% interest. The interest rates offered by HDFC Bank will remain at 5.25% for deposits maturing in 6 months, 1 day to 9 months and 5.50% for deposits maturing in 9 months, 1 day to 1 year.
On deposits maturing in 1 year 1 day to 15 months, HDFC Bank will continue to offer an interest rate of 6.10%, but on deposits maturing in 15 months 1 day to 18 months, the bank has increased the interest rate from 6.15% to 6.40% Done. 25 bps increase. Deposits maturing in 18 months to 2 years will now attract an interest rate of 6.50%, an increase of 35 bps from 6.15% earlier. On deposits maturing in 2 years, 1 day to 5 years, HDFC Bank increased the interest rate by 25 basis points (bps), from 6.25% to 6.50%, and on deposits maturing in 5 years, 1 day to 10 years. On deposits, the bank will increase the interest rate by 5 bps, from 6.20% to 6.25%.
Senior citizens can get 50 bps additional interest over the standard rate on deposits maturing within 7 days to 5 years from HDFC Bank. HDFC Bank offers a special fixed deposit called “Senior Citizen Care FD” which comes with tenures ranging from 5 years 1 day to 10 years. Senior citizens will get an additional premium of 0.25% in addition to the existing premium of 0.50%. However, HDFC Bank Senior Citizen Care FD is valid till March 31, 2023. The bank offers a regular rate of 6.25% on FDs maturing in 5 years, 1 day to 10 years, but senior citizens will get an interest rate of 7.00%. , which is 75 basis points higher than the standard rate offered under HDFC Bank’s special FD program.
HDFC Bank has mentioned on its website that only senior citizens / retired personnel (60 years and above) who are resident individuals are eligible. Special rates are applicable for resident deposits only.
HDFC Bank RD Rates
The interest rate on Recurring Deposits (RD) maturing in 15 to 120 months has also been revised by HDFC Bank. On the slab of the said tenure, the bank is now offering interest rates ranging from 6.40% to 6.25% for general public and 6.90% to 7.00% for senior citizens. The bank now offers a maximum interest rate of 6.50% to the general public on RDs maturing in 24 months to 60 months, while HDFC Bank now offers a maximum interest rate of 7% to senior citizens on RDs maturing in 24 months to 120 months. Is.
