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HomeNationalGood news for HDFC Bank customers, FD interest rates have already increased,...

Good news for HDFC Bank customers, FD interest rates have already increased, check details

HDFC Bank has announced to increase the interest rates on FDs of less than 2 crores whose maturity is more than 2 years. The new interest rates are applicable from 12 January 2022. You can see the chart to see the new interest rates which HDFC Bank has given on its website.

FD Interest rate

HDFC bank (HDFC Bank) Fixed deposits of certain tenures (Bank FD) interest rates (FD interest rate) has been increased. These new rates are applicable from January 12, 2022. HDFC Bank has said that the interest rate on FDs below Rs 2 crore with maturity period of more than 2 years has been increased by 5-10 basis points. Interest will be up to 5.2 percent on FDs of 2 years 1 day to 3 years. Interest will be 5.4 percent on FDs of 3 years 1 day to 5 years and 5.6% on FDs of 5 years 1 day to 10 years.

HDFC Bank has sent a message to its customers to increase the FD rate. It has been said in the message that interest has been increased on FDs of less than Rs 2 crore from 3 years 1 day to 5 years. The new rates have come into effect from 12 January 2022. HDFC Bank’s website has said, 2.50 percent interest rate will continue to be available on FDs with maturity of 7-29 days, while the rate of interest on FDs of 30-90 days will be 3 percent. FDs with a tenor of 91 days to 6 months will get 3.5% interest, on FDs of 6 months 1 day to less than 1 year, 4.4% interest will be available. HDFC Bank is giving 4.9% interest on 1 year FD. This rate is for FDs of less than 2 crores.

Fd Rates

Fd Rates

Compared to other banks, State Bank of India (SBI) is giving an interest rate of 2.9 percent to 5.4 percent on FDs of less than Rs 2 crore. This interest rate is for FDs of different tenures. This period is fixed for FDs of 7 days to 10 years. Similarly, ICICI Bank is offering interest ranging from 2.5 per cent to 5.5 per cent on fixed deposits with tenures ranging from 7 days to 10 years.

HDFC Bank is giving 2.5 percent interest on 7-14 days FD and 3.00 percent interest to senior citizens. On FD of 15-29 days, 2.5 percent and senior citizens are getting 3% interest. On FDs of 30-45 days, 3% interest is being given on deposits of less than 2 crores and 3.50 percent to senior citizens. 2.75 percent interest is being given for FDs from 2 crores to 5 crores and 3.25 percent interest is being given to senior citizens. Interest is being given at 3% and 3.50 per cent to senior citizens on FDs of less than Rs 2 crore for 46-60 days. For the same period, 2.75 and 3.25 percent interest is being given on FDs of less than 2 crores to 5 crores.

Hdfc Rates

Hdfc Rates

3% interest is being given on FDs of less than Rs 2 crore for 61-90 days and 3.50 percent for senior citizens. On FDs ranging from 2 crores to less than 5 crores, 3% interest is being given and 3.50 percent interest is being given to senior citizens. 91 to 6 months, 3.50 percent interest is being given on FDs of less than 2 crores and 4 percent to senior citizens, 3 percent on FDs of less than 2 crores to 5 crores and 3.50 percent to senior citizens. Interest is being given 4.40 percent and 4.90 percent to senior citizens on FDs of 9 months 1 day to 1 year and less than Rs 2 crore. 3.65 percent interest is being given on FDs above 2 crores and less than 5 crores and 4.15 percent to senior citizens.

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