INSUBCONTINENT EXCLUSIVE:
FD rates: Fixed deposit interest rates are subject to change from time to time.HDFC Bank has revised its fixed deposit interest rates on
select maturities with effect from Monday, July 22
HDFC bank has revised the interest rate applicable to maturity periods such as 30-45 days, 46-60 days and one year, according to the
lender's website, hdfcbak.com
The bank is offering an interest rate of 5.5 per cent to general public and 6 per cent to senior citizens on fixed deposits of 30-45 days
Previously, the private lender paid interest rates of 5.75 per cent and 6.25 per cent to the general public and senior citizens
respectively.On fixed deposits of a one-year maturity period, the private sector bank has lowered its interest rates by 20 basis points
After Monday's revision, HDFC Bank is offering interest at the rates of 7.10 per cent and 7.6 per cent on such fixed deposits to the
general public and senior citizens respectively.Here are the interest rates applicable to HDFC Bank's fixed deposits (FD) below Rs 2 crore
14 days3.504.0015 - 29 days4.254.7530 - 45 days5.506.0046 - 60 days6.006.5061 - 90 days6.006.5091 days - 6 months6.006.506 months 1 day- 6
months 3 days6.507.006 months 4 days6.507.006 months 5 days- 9 months6.507.009 months 1 day- 9 months 3 days6.757.259 months 4
days6.757.25%9 months 5 days - 9 months 15 days6.757.259 months 16 days6.757.259 months 17 days < 1 Year6.757.251 Year7.107.601 year 1 day -
1 year 3 days7.107.601 year 4 days7.107.601 year 5 days - 1 Year 15 Days7.107.601 Year 16 days7.107.601 year 17 days - 2 Years7.207.702
years 1 day - 2 Years 15 days7.307.802 Years 16 days7.307.802 years 17 days - 3 Years7.307.803 years 1 day - 5 years7.257.755 Years 1 Day -
8 Years7.007.508 Years 1 Day - 10 Years7.007.50Fixed deposit interest rates are subject to change from time to time
The fixed deposit accounts which have a lock-in period of five or 10 years also offer income tax benefit under Section 80C of the Income Tax
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