HDFC Bank FD rates: Fixed deposit interest rates are subject to change from time to time.HDFC Bank has revised its fixed deposit (FD) interest rates on select maturities.
According to the latest HDFC Bank FD rates, the bank is offering 6.60 per cent interest rate on maturity period of one year to the general public on FDs of up to Rs2 crore.
On maturity periods such as 1 year1 day-2 years, the bank is offering an interest rate of 6.60 per cent and 7.10 per cent to the general public and senior citizens respectively.
Previously, the public sector bank paid interest rates of 6.80 per cent and 7.30per cent to general public and senior citizens respectively on this maturity.On fixed deposits of 2 years 1 day-3 yearsmaturity period, the private sector bank has lowered its interest rates by 10 basis points.
After the recent revision, HDFC Bank is offering interest at the rates of 7.00 per cent and 7.50 per cent on such fixed deposits to the general public and senior citizens respectively.Periodlt; 2 CroreInterest RateSenior Citizen Rates(per annum)(per annum)7-14 days3.50%4.00%15-29 days4.25%4.75%30-45 days5.15%5.65%46-60 days5.65%6.15%61-90 days5.65%6.15%91 days-6 months5.65%6.15%6 mnths 1 day- 9 months6.25%6.75%9 mnths 1 day- < 1 Year6.35%6.85%1 Year6.60%7.10%1 year 1 day- 2 years6.60%7.10%2 years 1 day- 3 years7.00%7.50%3 year 1 day- 5 years6.90%7.40%5 years 1 day- 10 years6.90%7.40%(Source: hdfcbank.com)Fixed deposit interest rates are subject to change from time to time.
Earlier this month, State Bank of India (SBI) lowered its FD rates by 20-25 basis points (or 0.20-0.25 percentage point) across tenors in the retail segment, and bulk segment saw a reduction of 10-20 basis points (or 0.10-0.20 percentage point).Get Breaking news, live coverage, and Latest News from India and around the world on TheIndianSubcontinent.com.
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