HDFC Bank extends particular fastened deposit (FD) scheme for senior residents
HDFC Bank particular FD for senior residents: HDFC Bank has but once more prolonged the particular fastened deposit (FD) scheme for senior residents providing larger rates of interest. HDFC Bank’s particular FD for senior residents. Senior Citizen Care FD, was launched in May 2020 amid the covid pandemic.
The final date to spend money on the Senior Citizen Care FD plan has been prolonged to November 7, 2023, as per the financial institution’s web site.
“An Additional Premium of 0.25% (over and above the present premium of 0.50%) shall be given to Senior Citizens who want to ebook the Fixed Deposit lower than 5 crores for a tenure of 5 (5) years One Day to 10 Years, throughout particular deposit supply commencing from 18th May’20 to November 7, 2023. This particular supply will probably be relevant to new Fixed Deposit booked in addition to for the Renewals, by Senior Citizens in the course of the above interval. This supply just isn’t relevant to Non-Resident Indians,” HDFC Bank talked about on its web site.
HDFC Bank particular FD for senior residents’ newest rate of interest
HDFC Bank gives an rate of interest of seven.75% to aged folks on tenure between 5 Years and 1 day to 10 Years.
On July 1, HDFC Ltd merged with HDFC Bank, creating the largest non-public sector lender.
HDFC Bank data 15.8% mortgage progress in Q1
Private sector lender HDFC Bank final week stated that its deposits aggregated to roughly ₹19,13,000 crore as of June 30, 2023, a progress of round 19.2 per cent over ₹16,05,000 crore as of June 30 final yr.
The merged entity’s gross advances aggregated to roughly ₹22,45,000 crore as of June 30, 2023, a progress of 13.1 per cent over ₹19,85,900 crore as of identical interval final yr.
With regard to deposits, it stated, it aggregated to roughly ₹20,63,500 crore as of June 30, 2023, registering an increase of 16.2 per cent from ₹17,76,000 crore as of the identical interval a yr in the past.
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Updated: 10 Jul 2023, 08:30 AM IST
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