HDFC Bank FD Rates: If you also have an account in HDFC Bank, then this news will make you happy. This good news has been given by the bank to its customers through e-mail on Tuesday morning. In fact, on Monday evening and Tuesday morning, e-mails were made to the bank customers that the bank has increased the FD rate from 5.45 percent to 6.25 percent. However, this interest rate of 6.25 percent will be given only on the basis of certain conditions.
Those with FDs of less than 2 crores will get the benefit
However, the bank announced an interest rate hike soon after Diwali. The change in the new interest rate of FD was implemented by the bank on 26 October 2022. It was told by HDFC Bank that the benefit of the increased interest rates will be given to those with an FD of less than Rs 2 crore. This time the interest rates have been increased by 50 basis points.
FDs can be made for up to 10 years, the
The bank said that after the increase made today, normal customers will get benefits ranging from 3 percent to 6.25 percent on FDs with maturity from 7 days to 10 years. The bank offers the facility of fixed deposits to the customers for tenors ranging from 7 days to 10 years.
HDFC Bank FD Latest Rates –
>> 7 to 14 days – 3 percent
>> 15 to 29 days – 3 percent
>> 30 to 45 days – 3.50 percent
>> 46 to 60 days – 4 percent
>> 61 to 89 days – 4.50 percent
>> 90 days to 6 months – 4.50 percent >>
6 months 1 day to 9 months – 5.25 percent
>> 9 months 1 day to less than 1 year – 5.50 percent
>> 1 year to 15 months – 6.10 percent
>> 15 months to 18 months – 6.15 percent
>> 18 months to 21 months – 6.15 percent
>> 21 months to 2 years – 6.15 percent
>> 2 years 1 day – 3 years – 6.25 percent
>> 3 years 1 day to 5 years – 6.25 percent
>> 5 years 1 day to 10 years – 6.20 percent
Senior citizens get more interest
Senior citizens receive 50 basis points higher interest than regular citizens, to speak specifically. After today’s hike, senior citizens will get interest rates ranging from 3.5 percent to 6.95 percent on FDs with tenures of 7 days to 10 years.
Read More: If you want to open an account for children, then know about both PNB and SBI
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