Special FD Schemes: Nowadays, in order to give more profit to the customers, many banks have launched special FD scheme instead of FD. Where you can earn more returns by investing.
HDFC Bank Special Fixed Deposit: If you are also planning to get FD in the bank, then you can invest money in special FD schemes. HDFC Bank has launched two special Fixed Deposit plans for limited tenure offering higher interest rates. The interest rate offered on both FDs is a better investment option for investors. At the same time, the bank has announced to give 0.50 percent additional interest rate to senior citizens.
According to the HDFC Bank website, interest will be given at the rate of 7.20% for a period of 35 months and at the rate of 7.25% for a period of 55 months in Special Edition Fixed Deposit. The special thing about this FD is that 0.50 percent more interest will be given to senior citizens.
HDFC Bank FD Rates (Fixed Deposit Interest Rate)
On these FD schemes, HDFC Bank is now offering 3% interest rate on FDs between 7 to 29 days. 3.50 percent interest on FDs of 30 to 45 days, while 4.50 percent interest will be given on FDs between 46 days and less than six months. Similarly, the bank will pay 5.75 percent interest on FDs of 6 months and one day to less than 9 months, while 6 percent interest rate will be applicable for deposits of 9 months and one day and less than one year.
How much will be the benefit in special FD?
Under this scheme, the bank is offering 6.60 per cent interest rate on Fixed Deposits scheme of one year to less than 15 months and 7.10 per cent interest rate on FDs of less than 15 months and 18 months, while 18 months to 2 years 11 months Interest rate of 7% will be payable on deposits of less than Rs. The bank has introduced a special edition FD with a tenure of 35 months, offering an interest rate of 7.20 per cent and an interest rate of 7.25 per cent for a tenure of 4 years, 7 months. Apart from this special FD of 55 months, the bank will pay 7% interest on other FDs.
