HDFC bank has revised its FD rates for the deposits on different tenure. You can check new rate of returns over here for general & senior citizens.
HDFC Bank has revised the interest rate for fixed deposit (FD) which is below ₹2 crore, effective from June 10, 2024. It will benefit both general citizens and senior citizens who will invest in different tenures.
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HDFC Bank New FD Interest Rates
HDFC Bank now offers interest rates from 3% to 7.25% for deposit ranges between 7 days to 10 years.
The highest interest rate of 7.25% is available for tenures of 18 months to less than 21 months.
Changes In Interest Rates:
- 2 years 11 months to less than 3 years: Increased from 7% to 7.15%
- 2 years 1 day to less than 2 years 11 months: Increased from 7% to 7.15%
- 3 years 1 day to less than 4 years 7 months: Increased by 20 basis points to 7.20%
- 4 years 7 months 1 day to less than 5 years: Increased by 20 basis points to 7.20%
Revised Interest Rates For Senior Citizen
Senior citizens will also benefit from increased rates, with a premium of 0.50% over the standard rates.
HDFC Bank Recurring Deposit Rates
HDFC Bank has revised the interest rates for its recurring deposits for the period of 27 and 36 months, providing 7.15% interest for regular citizens and 7.65% for senior citizens. For durations of 39, 48, and 60 months, the bank offers 7.20% interest for regular citizens and 7.70% for senior citizens.
