INSUBCONTINENT EXCLUSIVE:
HDFC Bank has revised fixed deposit interest rates for both general and senior citizens of the country.HDFC Bank, the largest private lender
of the country, revised its fixed deposit or FD interest rates on select maturities with effect from today
HDFC Bank has revised fixed deposit interest rates for both general and senior citizens of the country, according to its website,
HDFC Bank has revised FD interest rates for deposits ranging from below Rs 1 crore to less than Rs 5 crore
The revision in HDFC Bank's fixed deposit interest rates comes after the Reserve Bank of India hiked the repo rate - the rate at which its
grants loans to commercial banks - to 6.5 per cent.HDFC Bank fixed deposit or FD interest rates in detailHDFC Bank has raised FD interest
rates in the range of 0.10 per cent to 0.60 per cent or 10 basis points - 60 basis points on select maturities
One basis is equal to 0.01 per cent.Given below are the latest FD interest rates paid by HDFC Bank on various maturities:The following HDFC
days - 6 months6.25%6.75%6 mnths 1 day- 6 mnths 3 days6.75%7.25%6 mnths 4 days6.75%7.25%6 mnths 5 days- 9 mnths6.75%7.25%9 mnths 1 day- 9
mnths 3 days7.00%7.50%9 mnths 4 days7.00%7.50%9 months 5 days - 9 months 15 days7.00%7.50%9 months 16 days7.00%7.50%9 months 17 days < 1
Year7.00%7.50%1 Year7.25%7.75%1 year 1 day - 1 year 3 days7.25%7.75%1 year 4 days7.25%7.75%1 year 5 days - 1 Year 15 Days7.25%7.75%1 Year 16
FD interest rates are applicable from August 6, 2018 for deposits between Rs 1 crore-less than Rs 5 crore:Periodgt;=1 Crore to < 5
days6.50%7.00%61 - 90 days6.50%7.00%91 days - 6 months6.55%7.05%6 mnths 1 day- 6 mnths 3 days7.00%7.50%6 mnths 4 days7.00%7.50%6 mnths 5
days- 9 mnths7.00%7.50%9 mnths 1 day- 9 mnths 3 days7.25%7.75%9 mnths 4 days7.25%7.75%9 months 5 days - 9 months 15 days7.25%7.75%9 months
16 days7.25%7.75%9 months 17 days < 1 Year7.25%7.75%1 Year7.40%7.90%1 year 1 day - 1 year 3 days7.40%7.90%1 year 4 days7.40%7.90%1 year 5
Years7.00%7.50%The largest lender of the country, State Bank of India, revised its fixed deposit interest rates with effect from July 30
Canara Bank revised its FD interest rates with effect from August 4.
