HDFC Bank has increased fixed deposit tenures interest rates on certain tenures by up to 20 basis points (bps) for amount below Rs 3 crore. The new rates are effective July 24, 2024. After the hike, the bank offers highest interest rate of 7.40% for general citizens and 7.90% for senior citizens on tenure of 4 Year 7 Months – 55 months.
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Latest HDFC Bank FD rates
HDFC Bank is offering a 3% interest rate on fixed deposits maturing between 7 and 29 days for general citizens. Deposits maturing between 30 and 45 days will earn 3.50% interest, while FDs maturing between 46 days and less than six months would receive 4.50%.
interest. For deposits maturing between six months and one day and less than nine months, the bank gives a 5.75% interest rate. The bank will give a 6% interest rate on deposits maturing between nine months and one day and less than one year.
Fixed deposits maturing between one year and less than 15 months will earn a 6.60% interest rate, while FDs maturing between 15 months and less than 18 months get a 7.10% interest rate. The bank 7.25% on tenure of 18 months to less than 21 months. HDFC Bank offers a 7% interest rate on deposits maturing between 21 months and less than two years and eleven months.
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Tenures on which the bank has hiked
The bank has hiked fixed deposit interest rate by 20 bps to 7.15% to 7.35% on tenure of 2 Years 11 Months – 35 Months and it has hiked 20 bps on 4 Year 7 Months – 55 months tenure from 7.20% to 7.40%.
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| Tenor Bucket | < 3 Crore | |
| Interest Rate (per annum) | **Senior Citizen Rates (per annum) | |
| 7 – 14 days | 3.00% | 3.50% |
| 15 – 29 days | 3.00% | 3.50% |
| 30 – 45 days | 3.50% | 4.00% |
| 46 – 60 days | 4.50% | 5.00% |
| 61 – 89 days | 4.50% | 5.00% |
| 90 days < = 6 months | 4.50% | 5.00% |
| 6 months 1 days < = 9 months | 5.75% | 6.25% |
| 9 months 1 day to < 1 year | 6.00% | 6.50% |
| 1 year to < 15 months | 6.60% | 7.10% |
| 15 months to < 18 months | 7.10% | 7.60% |
| 18 months to < 21 months | 7.25% | 7.75% |
| 21 months – 2 years | 7.00% | 7.50% |
| 2 Years 1 day to < 2 Year 11 Months | 7.00% | 7.50% |
| 2 Years 11 Months – 35 Months | 7.35% | 7.85% |
| 2 Years 11 Months 1 day < = 3 Year | 7.00% | 7.50% |
| 3 Years 1 day to < 4 Years 7 Months | 7.00% | 7.50% |
| 4 Year 7 Months – 55 months | 7.40% | 7.90% |
| 4 Year 7 Months 1 day < = 5 Years | 7.00% | 7.50% |
| 5 Years 1 day – 10 Years | 7.00% | 7.50% |
HDFC Bank senior citizen FD rates
The bank offers interest rates between 3.5% to 7.90% on tenures ranging from 7 days to 10 years for general citizens. The bank offers the highest interest rates of 7.90% on tenure of 4 Year 7 Months – 55 months.
