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HDFC hikes bulk FD rates
December 28, 2022
Following the revision, the bank is currently providing standard interest rates on deposits maturing in 7 days to 10 years of 4.50% to 7.00% and 5.00% to 7.75% for senior citizens. The general public can get a maximum interest rate of 7% on bulk deposits that mature in 15 months to 2 years, while senior citizens can receive a maximum interest rate of 7.75% on deposits that mature in 5 years, 1 day to 10 years.
The bank is giving an interest rate of 4.50% on fixed deposits that mature in the next 7 to 29 days, and HDFC Bank is offering an interest rate of 5.25% on deposits that mature in the next 30 to 45 days. On deposits that mature in 46 to 60 days, HDFC Bank is giving an interest rate of 5.50%, and on deposits that mature in 61 to 89 days, the bank is offering an interest rate of 5.75%.
Deposits maturing in the next 90 days to 6 months will now earn 6.10% interest, and those maturing in the next 6 months, 1 day to 9 months, will now earn 6.35% interest. The bank is giving an interest rate of 6.50% on fixed deposits maturing in 9 months, 1 day to 1 year, and HDFC Bank is offering an interest rate of 6.75% on deposits maturing in 1 year to 15 months. On FDs maturing in 15 months to two years, HDFC Bank is giving an interest rate of 7.15%, while on those maturing in two years, one day, to ten years, the bank is offering an interest rate of 7.00%.
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/