FD interest rate up to 7.9%: HDFC Bank hikes fixed deposit rates by 20 bps The new rates are effective July 24, 2024
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.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
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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%.Tenor Bucket
Interest Rate (per annum)**Senior Citizen Rates (per annum)7 - 14 days3.00%3.50%15 - 29 days3.00%3.50%30 - 45 days3.50%4.00%46 - 60 days4.50%5.00%61 - 89 days4.50%5.00%90 days 4.50%5.00%6 months 1 days 5.75%6.25%9 months 1 day to 6.00%6.50%1 year to 6.60%7.10%15 months to 7.10%7.60%18 months to 7.25%7.75%21 months - 2 years7.00%7.50%2 Years 1 day to 7.00%7.50%2 Years 11 Months - 35 Months7.35%7.85%2 Years 11 Months 1 day 7.00%7.50%3 Years 1 day to 7.00%7.50%4 Year 7 Months - 55 months7.40%7.90%4 Year 7 Months 1 day 7.00%7.50%5 Years 1 day - 10 Years7.00%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.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
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This story originally appeared on: India Times - Author:Faqs of Insurances
