FINANCE

FD Alert! HDFC Bank increases interest rate on fixed deposits from April 6, check latest rates

Check out the table on Domestic/NRO and NRE Non-withdrawable Fixed Deposit rates applicable from today.

New Delhi: HDFC Bank has revised the Domestic/NRO and NRE Non-withdrawable Fixed Deposit rates greater than or equal to 5 Crore with effect from 06 April 2022.

Check out the table on Domestic/NRO and NRE Non-withdrawable Fixed Deposit rates applicable from today 

Domestic/ NRO/ NRE FIXED DEPOSIT RATE ​​applicable from 6th April,2022

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Tenor Bucket< 2 Crore>=2 Crore to < 5 Crores
 Interest Rate (per annum)**Senior Citizen Rates (per annum)Interest Rate (per annum)**Senior Citizen Rates (per annum)
7 – 14 days2.50%3.00%2.50%3.00%
15 – 29 days2.50%3.00%2.50%3.00%
30 – 45 days3.00%3.50%2.75%3.25%
46 – 60 days3.00%3.50%2.75%3.25%
61 – 90 days3.00%3.50%3.00%3.50%
91 days – 6 months3.50%4.00%3.35%3.85%
6 mnths 1 days – 9 mnths4.40%4.90%3.60%4.10%
9 mnths 1 day < 1 Year4.40%4.90%3.70%4.20%
1 Year5.10%5.60%4.05%4.55%
1 year 1 day – 2 years5.10%5.60%4.20%4.70%
2 years 1 day – 3 years5.20%5.70%4.50%5.00%
3 year 1 day- 5 years5.45%5.95%4.60%5.10%
5 years 1 day – 10 years5.60%6.35%*4.60%5.35%*

Here is the Fixed Deposit Interest Rate Greater Than Or Equal To 5 Crore

Read More: Punjab National Bank reduces interest rates on savings accounts: Details here

HDFC Bank says that the Bank computes interest based on the actual number of days in a year. In case, the Deposit is spread over a leap and a non-leap year, the interest is calculated based on the number of days i.e.,366 days in a leap year & 365 days in a non leap year.The period of Fixed Deposit is calculated in number of days. The Minimum tenure for earning FD interest is 7 days.

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