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HDFC Bank Makes Interest Rate Revision On FDs of Less Than Rs. 2 Cr (W.e.f. 20th April 2022)

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HDFC Bank, a private sector lender, has revised interest rates on fixed deposits and recurring deposits of less than Rs 2 crore. According to the bank's official website, the new interest rates are effective today, April 20, 2022, and the bank is promising an interest rate of 2.50 percent - 5.60 percent to the general public and 3.00 percent - 6.35 percent to senior citizens on deposits maturing in 7 days to 10 years as a result of the revision.

 

HDFC Bank Regular FD Rates

HDFC Bank Regular FD Rates

The bank is giving a regular 2.50 percent interest rate on fixed deposits of less than Rs 2 Cr maturing in 7 to 29 days. The general public will get a 3.00 percent interest rate on fixed deposits maturing in 30 to 90 days. Regular customers can now earn 3.50 percent and 4.40 percent on term deposits maturing in 91 days - 6 months and 6 months 1 day - 1 year, respectively. Term deposits maturing in 1 year to 2 years will now generate an interest rate of 5.10 percent, while fixed deposits maturing in 2 years 1 day to 3 years will pay an interest rate of 5.20 percent. Regular customers will get an interest rate of 5.45 percent and 5.60 percent on fixed deposits maturing in 3 years 1 day - 5 years and 5 years 1 day - 10 years, respectively.

PeriodInterest Rate (per annum)
7 - 14 days2.50%
15 - 29 days2.50%
30 - 45 days3.00%
46 - 60 days3.00%
61 - 90 days3.00%
91 days - 6 months3.50%
6 mnths 1 days - 9 mnths4.40%
9 mnths 1 day less than 1 Year4.40%
1 Year5.10%
1 year 1 day - 2 years5.10%
2 years 1 day - 3 years5.20%
3 year 1 day- 5 years5.45%
5 years 1 day - 10 years5.60%
Source: hdfcbank.com 
HDFC Bank FD Rates For Senior Citizens
 

HDFC Bank FD Rates For Senior Citizens

HDFC Bank provides an additional rate of 0.50 percent over and above the standard rate on deposits maturing in 7 days to 5 years for older persons. Whereas on HDFC Bank's "Senior Citizen Care FD" of 5 years 1 day - 10 years, senior citizens would receive an additional premium of 0.25 percent over and above the regular premium of 0.50 percent. Senior Citizen Care FD was launched on the 18th of May'20 and the additional interest rate benefit will be in effect till the 30th of September 2022.

PeriodInterest Rate (per annum)
7 - 14 days3.00%
15 - 29 days3.00%
30 - 45 days3.50%
46 - 60 days3.50%
61 - 90 days3.50%
91 days - 6 months4.00%
6 mnths 1 days - 9 mnths4.90%
9 mnths 1 day less than 1 Year4.90%
1 Year5.60%
1 year 1 day - 2 years5.60%
2 years 1 day - 3 years5.70%
3 year 1 day- 5 years5.95%
5 years 1 day - 10 years6.35%
Source: hdfcbank.com 
HDFC Bank RD Rates 2022

HDFC Bank RD Rates 2022

On recurring deposits of less than Rs 2 Cr, HDFC Bank is now offering the below-listed interest rates.

PeriodInterest Rate (per annum)Senior Citizen Rates (per annum)Effective From
6 Months3.50%4.00%Aug 25, 2020
9 Months4.40%4.90%Aug 25, 2020
12 Months5.10%5.60%Apr 6th, 2022
15 Months5.10%5.60%Apr 6th, 2022
24 Months5.10%5.60%Apr 6th, 2022
27 Months5.20%5.70%Jan 12, 2022
36 Months5.20%5.70%Jan 12, 2022
39 Months5.45%5.95%Feb 14, 2022
48 Months5.45%5.95%Feb 14, 2022
60 Months5.45%5.95%Feb 14, 2022
90 Months5.60%6.35%Jan 12, 2022
120 Months5.60%6.35%Jan 12, 2022
Source: hdfcbank.com   

Read more about: hdfc bank fd fixed deposit
Story first published: Wednesday, April 20, 2022, 10:58 [IST]
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