HDFC Bank FD Rates: HDFC Bank has increased the interest rates on fixed deposits by up to 75 bps. According to the official website of the bank, the new rates are effective from October 11, 2022.
HDFC Bank FD Rates: Private sector lender HDFC Bank has increased interest rates on fixed deposits of less than Rs 2 crore. According to the official website of the bank, the new rates are effective from October 11, 2022. After the revision, the bank has increased the interest rates on fixed deposits for retail investors by up to 75 basis points. Investors will now get interest rates ranging from 3.00% to 6.00% for common man and 3.50% to 6.75% for senior citizens on deposits maturing in 7 days to 10 years.
HDFC Bank FD Rates
The bank has increased the interest rate on deposits of less than ₹2 crore from 2.75% to 3.00% in 7 – 29 days, an increase of 25 basis points, and from 3.25% to 3.50% on deposits maturing in 30 – 60 days . Deposits maturing in 61-89 days will now attract an interest rate of 4.00% from 3.25% earlier, which has been increased by 75 basis points. Deposits maturing in 90 days to 6 months will now fetch an interest rate of 4.25%. This represents an increase of 50 basis points, from the first 3.75%.
HDFC Bank has increased its deposit interest rate for deposits maturing in 6 months, 1 day to 1 year from 4.65% to 5.00%, an increase of 35 basis points. HDFC Bank raised its interest rate on fixed deposits maturing in 1 year from 5.50% to 5.70%, an increase of 20 basis points, and on deposits maturing in 2 years from 1 day to 3 years from 5.50% to 5.80% Done. 30 basis point increase in deposits maturing in 3 years 1 day – 5 years will continue to fetch interest rates of 6.10%, while deposits maturing in 5 years 1 day – 10 years will continue to fetch interest rates of 6.00%, from 5.75% will increase by 25 basis points.
HDFC Bank interest rates for amounts above 2 crores and less than 5 crores
HDFC Bank has reduced its interest rates on domestic/NRO/NRE fixed deposits of Rs 2 crore by Rs 5 crore with effect from October 11, 2022. The bank is now offering such interest rates from 3.75% to 6.25%. Deposits maturing in 7 days to 10 years for general public and 4.25% to 7.00% for seniors. HDFC Bank is currently offering a maximum interest rate of 6.50% for general public and 7.00% for senior citizens on deposits maturing in one to three years.
HDFC Bank RD Rates
HDFC Bank has increased the interest rates on Recurring Deposits (RD) for residents, NROs and NREs over several tenors. The bank has increased the interest rates on RDs maturing in 6 to 36 months and 90 to 120 months as a result of the amendment.
HDFC Bank will now offer interest rates ranging from 4.25% to 6.00% on RDs maturing in 6 months to 120 months for general public and 4.75% to 6.75% for senior citizens.
