Bulk FD Interest Increased: HDFC Bank increased interest on bulk FD for Senior Citizen, check new rate

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HDFC Bank
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HDFC Bank Bulk FD Interest: The country’s largest private sector bank HDFC has increased the interest rates on its bulk FD. Bulk FD includes FD ranging from Rs 2 crore to Rs 5 crore. These new rates have come into effect from today, December 27.

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Now the bank is giving interest ranging from 4.50% to a maximum of 7.15% to the common people on bulk FDs.

The country’s largest private sector bank HDFC has increased the interest rates on its bulk FD. Bulk FD includes FD ranging from Rs 2 crore to Rs 5 crore. These new rates have come into effect from today, December 27.

Now the bank is giving interest ranging from 4.50 per cent to a maximum of 7.15 per cent to the common people on bulk FDs. At the same time, senior citizens are being given interest ranging from 5 percent to a maximum of 7.75 percent. The bank is offering FDs ranging from 7 days to 10 years. RBI has increased interest rates in the last few months to control inflation. After increasing the repo rate of RBI, many banks have increased their interest rates. Many big banks of the country are included in this list.

HDFC Bank interest rates on FDs above Rs 2 crore and up to Rs 5 crore

7 days to 14 days: For general public – 4.50 per cent; For Senior Citizen – 5.00 percent

15 days to 29 days: For general public – 4.50 per cent; For Senior Citizen – 5.00 percent

30 days to 45 days: For general public – 5.25 per cent; For Senior Citizen – 5.75 percent

46 days to 60 days: For general public – 5.50 per cent; For Senior Citizen – 6.00 percent

61 days to 89 days: For general public – 5.75 per cent; For Senior Citizen – 6.25 percent

less than 90 days equal to 6 months: for general public – 6.10 per cent; For Senior Citizen – 6.60 percent

6 months 1 day to less than 9 months: For general public – 6.35 per cent; For Senior Citizen – 6.85 percent

9 months 1 day to less than 1 year: For general public – 6.50 per cent; For Senior Citizen – 7.00 percent

1 year to less than 15 months: For general public – 6.75 per cent; For Senior Citizen – 7.25 percent

15 months to less than 18 months: For general public – 7.15 per cent; For Senior Citizen – 7.65 percent

18 months 1 day to less than 21 months: For general public – 7.15 per cent; For Senior Citizen – 7.65 percent

21 months to 2 years: For general public – 7.15 per cent; For Senior Citizen – 7.65 percent

2 years 1 day to 3 years: For general public – 7.00 per cent; For Senior Citizen – 7.50 percent

3 years 1 day to 5 years: For general public – 7.00 per cent; For Senior Citizen – 7.50 percent

5 years 1 day to 10 years: For general public – 7.00 per cent; For Senior Citizen – 7.75 percent.

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