HDFC Bank FD Rates: HDFC Bank has recently updated its interest rates on bulk fixed deposits, offering competitive rates for both senior citizens and the general public. For deposits ranging from Rs 3 crore to less than Rs 5 crore, the bank is now offering an interest rate of 7.9 per cent for senior citizens and 7.40 per cent for the general public, depending on the tenure of the deposit.
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HDFC Bank FD Rates 2025
In addition, HDFC Bank has made changes to its interest rates on bulk fixed deposits with shorter tenures. For deposits with maturities ranging from 7 to 29 days, the bank is offering an interest rate of 4.75 per cent. For deposits maturing between 30 and 45 days, the interest rate is 5.50 per cent, and those with a tenure of 46 to 60 days will earn 5.75 per cent. For deposits held for 61 to 89 days, the interest rate increases to 6 per cent. These rates apply to deposits of various amounts.
The bank continues to offer a wide range of fixed deposit options, with tenures spanning from 7 days to 10 years. The interest rates on these deposits vary between 3 per cent and 7.90 per cent. For a fixed deposit with a 5-year tenure, the rate remains steady at 7 per cent for regular customers and 7.50 per cent for senior citizens.
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HDFC Bank’s Latest MCLR 2025
In another important update, HDFC Bank has also revised its Marginal Cost of Lending Rate (MCLR), which came into effect on January 7, 2025. The revised MCLR rates now range from 9.15 per cent to 9.45 per cent per annum, with changes affecting various tenures. The overnight MCLR has been reduced by 5 basis points, dropping from 9.20 per cent to 9.15 per cent. However, the one-month and three-month MCLR rates remain unchanged at 9.20 per cent and 9.30 per cent, respectively. For six-month and one-year tenures, the MCLR has been lowered by 5 basis points, bringing them down to 9.45 per cent. Similarly, the three-year MCLR has been reduced by 5 basis points to 9.45 per cent, while the two-year MCLR remains at 9.45 per cent.
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This reduction in the MCLR is expected to have a positive impact on borrowers. Those with loans linked to the MCLR, such as personal loans and business loans, are likely to see a decrease in their equated monthly installments (EMIs).
