HDFC Bank: The country’s largest private bank HDFC has once again cut interest rates on fixed deposits (FD) and savings accounts. This cut has been made by 25 basis points (0.25%) and it has come into effect from June 25, 2025.
This is the second cut this month. Earlier on June 10, the bank had also reduced the interest rate on some selected FDs. This change will be applicable on those deposits whose amount is less than Rs 3 crore. Apart from this, a cut of 25 basis points has also been made on savings accounts from June 24, 2025.
HDFC Bank reduced interest on these FDs
Now HDFC Bank will give 6.35% interest to general customers instead of 6.60% on FDs of less than 15 months and more than 18 months. Whereas, for senior citizens, this rate has been reduced from 7.10% to 6.85%. The current FD interest rates of the bank are now between 2.75% to 6.60% for general customers and 3.25% to 7.10% for senior citizens. These changes have been made after RBI’s 50 basis point cut in the repo rate. It is clear from this that the effect of the fall in interest rates is now directly visible on the savings and investments of the customers.
HDFC Bank interest rates on FDs up to Rs 3 crore
- 7 days to 14 days: For general public – 2.75%; For senior citizens – 3.25%
- 15 days to 29 days: For general public – 2.75%; For senior citizens – 3.25%
- 30 days to 45 days: For general public – 3.25%; For senior citizens – 3.75%
- 46 days to 60 days: For general public – 4.25 percent; For senior citizens – 4.75 percent
- 61 days to 89 days: For general public – 4.25 percent; For senior citizens – 4.75 percent
- 90 days to 6 months: For general public – 4.25 per cent; For senior citizens – 4.75 per cent
- 6 months 1 day to less than 9 months: For general public – 5.50 per cent; For senior citizens – 6.00 per cent
- 9 months 1 day to less than 1 year: For general public – 5.75 per cent; For senior citizens – 6.25 per cent
- Less than 1 year to 15 months: For general public – 6.25 per cent; For senior citizens – 6.75 per cent
- 15 months to less than 18 months: For general public – 6.35 per cent; For senior citizens – 6.85 per cent
- 18 months 1 day to less than 21 months: For general public – 6.60 per cent; For senior citizens – 6.95 per cent
- 21 months to 2 years: For general public – 6.45 percent; For senior citizens – 7.20 percent
- 2 years 1 day and less than 2 years 11 months: For general public – 6.45 per cent; For senior citizens – 6.95 per cent
- 2 years 11 months 1 day and upto 35 months – 6.45 percent; For senior citizens – 6.95 percent
- 2 years 11 months 1 day and upto 3 years – 6.45 percent; For senior citizens – 6.95 percent
- 3 years 1 day to 4 years 7 months – 6.40 percent; For senior citizens – 6.90 percent
- 4 years 7 months to 55 months – 6.40 percent; For senior citizens – 7.90 percent
- 4 years 7 months 1 day to less than 5 years: For general public – 6.40 percent; For senior citizens – 6.90 percent
- 5 years to 10 years: For general public – 6.15 percent; For senior citizens – 6.65 percent
