HDFC Bank Increases Fixed Deposit Interest Rates: Now Offering up to 7.75% Interest

by time news

2024-03-28 10:42:33
HDFC Bank, India’s leading private sector bank has announced a happy news for its customers. HDFC Bank has increased interest rates on fixed deposit schemes. These new increased interest rates are effective from today. According to this, the customers who invest in the fixed deposit scheme of this bank will get 7.75 percent interest.Samayam Tamil

HDFC Bank customers invest under Rs 2 crore in fixed deposit scheme. This bank offers them high interest rate. HDFC Bank has hiked its fixed deposit interest rates by 0.25 per cent or 25 basis points. For more details, visit the official website of the bank.

7.25 per cent interest rate on deposits of 18 months to 21 months will be offered to general investors. Meanwhile, 7.75 percent interest is given to senior citizens. General investors can earn a maximum of 7 percent interest on fixed deposits of 5 years to 10 years. Senior citizens are offered an interest income of 7.75 percent for the same period.

FD gives high returns for Senior Citizens..

HDFC Bank offers deposits at various interest rates with tenures ranging from 7 days to 10 years. Similarly, interest rates on deposits of less than 21 months have been increased by 25 basis points from 18 months. That is, the interest rate has been increased from 7 percent to 7.25 percent.
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