This Bank has launched two special fixed deposits (FDs) offering higher interest rates. According to the bank’s website, this offer is for a limited period only.
Special Fixed Deposits scheem: HDFC Bank Special Edition Fixed Deposits. Enjoy HIGHER FD Rates @7.20% on tenure 35 months and @7.25% on a tenure 55 months. What’s more? Senior Citizen benefits 0.50% EXTRA!…So Hurry! Valid for Limited Period only!” HDFC Bank stated on its website.
Bank latest FD rates
HDFC Bank has revised its deposit rates. After the recent revision, the bank offers an interest rate ranging from 3% to 7.25 % to general customers on deposits maturing in 7 days to 10 years. Senior citizens will earn an interest rate of 3.5% to 7.75% on these deposits. These rates are effective from 29 May 2023.
Special FD rates for general customers
The bank has introduced two special edition FDs with a 35 and 55-month term that offers an interest rate of 7.20% and 7.25% respectively
2 Years 11 Months (Special Edition FD – 35 Month) 7.20%
4 Year 7 Months (Special Edition FD – 55 month) 7.25%
Bank special FD rates for elderly
The bank has introduced two special edition FDs with a 35 and 55-month term that offers an interest rate of 7.70% and 7.75% respectively
2 Years 11 Months (Special Edition FD – 35 Month) 7.70%
4 Year 7 Months (Special Edition FD – 55 month) 7.75%
Latest FD rates effective 29 May 2023
7 – 14 days 3.00%
15 – 29 days 3.00%
30 – 45 days 3.50%
46 – 60 days 4.50%
61 – 89 days 4.50%
90 days < = 6 months 4.50%
6 mnths 1 days <= 9 mnths 5.75%
9 mnths 1 day to < 1 year 6.00%
1 year to < 15 months 6.60%
15 months to < 18 months 7.10%
18 months to < 21 months 7.00%
21 months – 2 years 7.00%
2 Years 1 day to < 2 Year 11 Months 7.00%
2 Years 11 Months (Special Edition FD – 35 Month) 7.20%
2 Years 11 Months 1 day <= 3 Year 7.00%
3 Years 1 day to < 4 Years 7 Months 7.00%
4 Year 7 Months (Special Edition FD – 55 month) 7.25%
4 Year 7 Months 1 day <=5 Years 7.00%
5 Years 1 day to 10 Years 7.00%
