HDFC Bank increased interest on FD, giving 7.90% interest to senior citizens

HDFC Bank: HDFC, the country’s largest private sector bank, has increased the interest on bulk FD. FDs above Rs 2 crore and up to Rs 5 crore are called bulk FDs. HDFC Bank is offering bulk FD ranging from 7 days to 10 years. New rates on bulk FD have come into effect from 3 February 2024

HDFC Bank: HDFC, the country’s largest private sector bank, has increased the interest on bulk FD. FDs above Rs 2 crore and up to Rs 5 crore are called bulk FDs. HDFC Bank is offering bulk FD ranging from 7 days to 10 years. The new rates on bulk FD have come into effect from 3 February 2024. This time the bank has increased the interest rates on FDs of one year to 15 months. 7.40 percent interest will be available on FD of one year to 15 months. Senior citizens will get 7.90 percent interest on this FD.

Interest rates on FD from Rs 2 crore to Rs 5 crore in HDFC Bank

• 7 days to 14 days: For general public – 4.75 percent; For senior citizens – 5.25 percent
• 15 days to 29 days: For general public – 4.75 percent; For senior citizens – 5.25 percent
• 30 days to 45 days: For general public – 5.50 percent; For senior citizens – 6 percent
• 46 days to 60 days: For general public – 5.75 percent; For senior citizens – 6.25 percent
• 61 days to 89 days: For general public – 6 percent; For senior citizens – 6.50 percent
• 90 days to 6 months: For general public – 6.50 percent; For senior citizens – 7 percent
• 6 months 1 day to less than 9 months: For general public – 6.65 percent; For senior citizens – 7.15 percent
• 9 months 1 day to less than 1 year: For general public – 6.75 percent; For senior citizens – 7.15 percent
• 1 year to less than 15 months: For general public – 7.40 percent; For senior citizens – 7.90 percent
• 15 months to less than 18 months: For general public – 7.05 percent; For senior citizens – 7.55 percent
• 18 months 1 day to less than 21 months: For general public – 7.05 percent; For senior citizens – 7.55 percent
• 21 months to 2 years: For general public – 7.05 percent; For senior citizens – 7.55 percent
• 2 years to three years: For general public – 7.00 percent; For senior citizens – 7.50 percent
• 3 years to 5 years: For general public – 7.00 percent; For senior citizens – 7.50 percent
• 5 years to 10 years: For general public – 7.00 percent; For senior citizens – 7.50 percent