HDFC Bank FD rate: HDFC Bank, which comes in the count of the country’s largest private sector bank, has once again increased the interest rates on FDs of less than Rs 2 crore.
HDFC Bank FD rate: HDFC Bank , which is counted as the country’s largest private sector bank, has once again increased the interest rates on FDs of less than Rs 2 crore. The bank has increased the interest rates by 50 basis points i.e. 0.50 percent. This increase has been made on FDs maturing in 61 days to 89 months. Now it is getting interest of 4.50 percent which was 4 percent earlier. FDs of 90 days to 6 months will get 4.50 percent interest, which was 4.25 percent earlier. It has been increased by 0.25%. These new rates have come into effect from 26 October 2022.
Now these are the new rates of HDFC Bank
7 days to 14 days: for general public – 3.00 percent; For Senior Citizen – 3.50 percent
15 days to 29 days: for general public – 3.00 percent; For Senior Citizen – 3.50 percent
30 days to 45 days: for general public – 3.50 percent; For Senior Citizen – 4.00 percent
46 days to 60 days: for general public – 4.00 percent; For Senior Citizen – 4.50 percent
61 days to 89 months: for general public – 4.50 percent; For Senior Citizen – 5.00 percent
90 days to 6 months: for general public – 4.50 percent; For Senior Citizen – 5.00 percent
6 months 1 day to 9 months: for general public – 5.25 percent; For Senior Citizen – 5.75 percent
9 months 1 day to less than 1 year: For general public – 5.50 percent; For Senior Citizen – 6.00 percent
1 year to 15 months: for general public – 6.10 percent; For Senior Citizen – 6.60 percent
15 months to less than 18 months: for general public – 6.15 percent; For Senior Citizen – 6.65 percent
18 months to 2 years: for general public – 6.15 percent; For Senior Citizen – 6.50 percent
2 years 1 day to 3 years: for general public – 6.25 percent; For Senior Citizen – 6.75 percent
3 years 1 day to 5 years: for general public – 6.25 percent; For Senior Citizen – 6.75 percent
5 years 1 day to 10 years: for general public – 6.20 percent; For Senior Citizen – 6.95 percent.
Senior citizens will get more benefits
Senior citizens will be given an additional premium of 0.25% (over and above the existing premium of 0.50%) on FDs maturing in 5 years from one day to 10 years. According to the HDFC Bank website, this offer is not applicable to Non-Resident Indians (NRIs).