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HDFC Bank launches special FDs with higher interest rates
May 30, 2023
HDFC Bank has launched two special fixed deposits offering higher interest rates which will be available for a limited period, as per the lender’s website.
According to the HDFC Bank website, “Presenting, HDFC Bank Special Edition Fixed Deposits. Enjoy HIGHER FD Rates @7.20% on tenure 35 months and @7.25% on tenure 55 months.
As on May 29, 2023, HDFC Bank is now offering a 3% interest rate on fixed deposits maturing between 7 and 29 days. Deposits maturing between 30 and 45 days, will earn an interest rate of 3.50% while FDs maturing between 46 days and less than six months will fetch an interest of 4.50%.
The bank offers a 5.75% interest rate for deposits maturing between six months and one day to less than nine months. For deposits maturing between nine months and one day and less than one year, the bank will offer an interest rate of 6%.
HDFC Bank now offers a 6.60% interest rate on fixed deposits maturing between one year to less than 15 months, and a 7.10% interest rate on FDs maturing between 15 months and less than 18 months.
HDFC Bank will now give an interest rate of 7% on deposits maturing between 18 months to less than 2 year 11 months.
Important Links:
- 4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI): https://tscfm.org/courses/4-in-1-professional-diploma-in-banking-financial-services-insurance-pdbfsi/