Bank FD rate Cut: Today on 1st April this bank reduced interest on FD, check details

HDFC Bank : The country’s largest private sector bank HDFC Bank has shocked its crores of customers. On the first day of the new financial year, on April 1, 2025, the interest on fixed deposits has been reduced.

HDFC Bank has reduced the interest rate on FD by 0.20 percent. The Reserve Bank of India (RBI) had reduced the repo rate in its last monetary policy meeting. Now in the meeting to be held in April this month, it is expected once again that RBI may reduce the repo rate.

HDFC Bank reduced interest on FD

After RBI reduced the repo rate, most banks are reducing the interest rates on FDs. Now HDFC Bank has also joined this list. The bank has reduced the interest rate on FDs of 2 years and more period by 20 basis points i.e. 0.20 percent. The bank is offering FDs from 7 days to 10 years. These new rates have come into effect from today, 1 April 2025.

HDFC Bank interest rates on FDs up to Rs 3 crore

• 7 days to 14 days: For general public – 3%; For senior citizens – 3.50%
• 15 days to 29 days: For general public – 3%; For senior citizens – 3.50%
• 30 days to 45 days: For general public – 3.50 percent; For senior citizens – 4 percent
• 46 days to 60 days: For general public – 4.50%; For senior citizens – 5.00%
• 61 days to 89 days: For general public – 4.50 percent; For senior citizens – 5 percent
• 90 days to 6 months: For general public – 4.50 percent; For senior citizens – 5 percent
• 6 months 1 day to less than 9 months: For general public – 5.75 per cent; For senior citizens – 6.25 per cent
• 9 months 1 day to less than 1 year: For general public – 6.00 per cent; For senior citizens – 6.50 per cent
• Less than 1 year to 15 months: For general public – 6.60 percent; For senior citizens – 7.10 percent
• 15 months to less than 18 months: For general public – 7.10 per cent; For senior citizens – 7.60 per cent
• 18 months 1 day to less than 21 months: For general public – 7.25 per cent; For senior citizens – 7.75 per cent
• 21 months to 2 years: For general public – 7.00 percent; For senior citizens – 7.50 percent
• 2 years 1 day and less than 2 years 11 months: For general public – 7.00 per cent; For senior citizens – 7.50 per cent
• 2 years 11 months 1 day and upto 35 months – 7.00 percent; For senior citizens – 7.50 percent
• 2 years 11 months 1 day and upto 3 years – 7.00 percent; For senior citizens – 7.50 percent
• 3 years 1 day to 4 years 7 months – 7.00 percent; For senior citizens – 7.50 percent
• 4 years 7 months to 55 months – 7.00 percent; For senior citizens – 7.50 percent
• 4 years 7 months 1 day to less than 5 years: For general public – 7.00%; For senior citizens – 7.50%
• 5 years to 10 years: For general public – 7.00 percent; For senior citizens – 7.50 percent

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