HDFC Bank Increased FD rates, now avail maximum interest rates up to 7.75%

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HDFC Bank, one of the private sector banks, has increased the interest rates on fixed deposits of less than 2 crores. According to the official website of the bank, the new interest rates will come into effect from January 24, 2023.

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Bank will get the benefit of interest rate ranging from 3.00% to 7.00% to the common man and 3.50% to 7.75% to the senior citizen on tenure ranging from 7 days to 10 years. HDFC Bank At present, the common man will get the maximum interest rate of 7.00% and the senior citizen will get the benefit of 7.75% interest rate, for this he will have to deposit 5 years from one day to 10 years.

Getting this much interest rate

The bank offers an interest rate of 3% for deposits maturing in 7 to 29 days, 3.50% for deposits maturing in 30 to 45 days, 4.50% for deposits made between 46 and 6 months, 5.75% interest rate for deposits made between 6 months to 9 months, 6.00% interest rate for deposits maturing in 9 months, 1 day to 1 year, 6.60% for deposits maturing in 1 year to 15 months Rate of interest and offering the benefit of an interest rate of 7.00% on deposits maturing in 15 months to 10 years.

Additional interest rate benefit of 50 bps is being given to senior citizens on deposits ranging from 7 days to 5 years.

 

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