The Country's Largest Private Bank Has Increased The Interest On Fixed Deposits, Customers Will Benefit, Know The New Rates.

 

Bank FD Rates : HDFC Bank has more than 7,900 branches across the country. There are about 20 thousand ATMs. It is also considered to be India's largest private sector bank. HDFC Bank has revised the interest rates on non-withdrawal fixed deposits on November 27. Let us tell you that non-withdrawal FD premature withdrawal is not allowed. Meaning the amount cannot be withdrawn before the stipulated period. You can invest Rs 2 crore or more in this. It is available only for Indian citizens.

Interest for FD less than 2 years

The bank is giving the highest interest on FDs of one to two years. 7.45% interest is being given on deposits ranging from Rs 2 crore to Rs 5 crore. The bank is offering 7.45% interest on deposits of 1 year to 15 months. The rates are the same for deposits of 15 months to 18 months, 18 months to less than 21 months, FDs of 21 months to 2 years.

Interest rate for period more than 2 years

Around 7.20% returns are being given on FDs maturing in 2 to 10 years. The interest rates are the same for FDs of 2 years 1 day to 3 years, 3 years 1 day to 5 years and 5 years 1 day to 10 years.

How much interest is being received on FD of less than Rs 2 crore?

If we talk about FD of less than Rs 2 crore, HDFC Bank last changed the interest rates on 1 October 2023. Currently, 3% to 7.20% interest is available on FDs of 7 days to 10 years. Senior citizens are getting 0.50% more interest. The highest returns are available on deposits of 4 years, 7 months to 55 months.