Latest Fixed Deposit rates: HDFC Bank Revises FD interest rates; check what you get now
On maturity periods for 1 year 1 day-2 year, the bank is offering an interest rate of 6.60% and 7.10% to the general public and senior citizens respectively. The Minimum tenure for earning FD interest is 7 days.
India’s largest private sector lender by assets, HDFC Bank has revised its fixed deposit (FD) interest rates on select maturities. HDFC Bank is offering 3.50% on maturity period of 7 days to the general public and 4% to the senior citizen p.a. Talking about the long term interest rates, then know that on the maturity period of 1 year to the general public on up to Rs. 2 crore is 6.60% and for senior citizen is 7.10%. On maturity periods for 1 year 1 day-2 year, the bank is offering an interest rate of 6.60% and 7.10% to the general public and senior citizens respectively. The Minimum tenure for earning FD interest is 7 days.
On fixed deposits of 2 years 1 day-3 year maturity period, the HDFC bank has lowered its interest rates by 10 basis points. After the recent revision, HDFC Bank is offering interest rates of 7.00% and 7.50% on such fixed deposits to the general public and senior citizens respectively.
Here are the interest rates applicable to HDFC Bank's fixed deposits (FD) below Rs. 2 crores and below Rs.5 crores with effect from September 13, 2019, according to hdfcbank.com:
(Domestic / NRO / NRE TERM DEPOSITS Applicable from 13th Sept'19)
As interest rates are subject to change without prior notice, the depositor shall ascertain the rates on the value date of FD. The customers must check interest rates on FDs on the websites of the banks. This information is taken from the websites of HDFC banks.
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