New FD Scheme: HDFC Bank has launched a special Fixed Deposit Scheme (FD) offering higher interest rates. According to the bank’s website, the Fixed Deposit schemes have been introduced for a limited period.
New FD Scheme: 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.
These will be the interest rates of FD (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 per cent interest on FDs of six months and one day to less than nine months and 6 per cent interest rate will be applicable for deposits of nine months and one day and less than one year.
How much will be the benefit? (Fixed Deposit Benefits)
- Under this scheme, the bank is providing 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 15 months and less than 18 months, while 18 months to 2 years 11 Interest rate of 7% will be payable on deposits of less than one month.
- 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.
