How to become rich? Here are FD interest rates in HDFC Bank
FD Interest Rates: Fixed Deposit (FD) is one of the most popular short-term investment options among the investors who have low risk appetite, especially the senior citizens. For them, FD interest rate around 5 per cent is enough for five year investment.
FD Interest Rates: Fixed Deposit (FD) is one of the most popular short-term investment options among the investors who have low risk appetite, especially the senior citizens. For them, FD interest rate around 5 per cent is enough for five year investment. So, FD investment is one of the most focussed business of Indian banks. However, FD rates are different for different banks and hence one must check which bank is giving what on one's money pumped in FD account.
FD rates in HDFC Bank
HDFC Bank being the most popular private lender in India, also allows its customers to open fixed deposit accounts. In HDFC Bank, FD interest rate offered ranges from 2.50 per cent to 5.50 per cent, depending upon the tenor selected by the bank depositor. As per the official website of the HDFC Bank — hdfcbank.com — for 7 to 14 days and from 15 to 29 days FD rates in HDFC Bank is 2.50 per cent; for tenor 30 to 45 days, 46 to 60 days and for 61 to 90 days FD rates in HDFC Bank is 3.00 per cent; for 91 days to 6 months tenor FD interest rate offered by the HDFC Bank is 3.50 per cent.
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The HDFC Bank's official website goes on to describe that from six month one day to nine month and from nine month one day to less than one year tenor FD rates in HDFC Bank is 4.40 per cent; for one year and one year one day to two year tenure FD rates in HDFC Bank is 4.90 per cent; from two year one day to three years tenor FD interest rates offered by HDFC Bank is 5.15 per cent; for three year one day to five year tenor FD rates in HDFC Bank is 5.30 per cent while for Five year one day to 10 years FD rates in HDFC Bank is 5.50 per cent.
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