fixed deposit interest rate for hdfc bank

The following FD interest rates are applicable on deposits below Rs.

2 crore are applicable with effect from June 6, 2019, according to the lender's portal.Įarlier in the day, the Reserve Bank of India's Monetary Policy Committee (MPC), led by Governor Shaktikanta Das, unanimously lowered key lending rate or repo rate by 25 basis points or 0.25 per cent to 5.75 per cent.

Applicable interest rates will be given as on the date of receipt of the funds by the Bank. Since the cap on NRE rates has been enforced by the Reserve Bank of India, no request for offering differential rates would be entertained. These interest rates on fixed deposits up to Rs. The deposit rates for NRE deposits will change from the first of every month. In case of premature closure of Fixed Deposit booked in the above offer (including sweep in / partial closure) on or before 5 years, the interest rate will be 1.00 lower (as applicable) of the rate on the date of deposit booked, to the period for which deposit remained with the bank and not at the contracted rate. In the same range of maturities, the bank pays interest at the rate of 4-7.90 per cent to senior citizens on FDs up to Rs. The bank pays slightly higher returns to senior citizen customers. HDFC Bank offers interest rates to the tune of 3.50-7.40 per cent to the general public on fixed deposit (FD) up to Rs. The table below contains the interest rates offered on deposits below Rs.2 crore effective from 24 January 2023. Private sector lender HDFC Bank offers fixed deposit maturities ranging from seven days to 10 years.

Fixed deposit interest rate for hdfc bank