HDFC Bank hikes mounted deposit charges. Check newest FD charges right here

HDFC Bank has hiked the rates of interest on mounted deposits (FDs). The elevated charges of curiosity are relevant on FDs ranging from December 1 2021. HDFC Bank has elevated the charges by as much as 10 foundation factors (bps) on choose tenors.

After the newest revision, HDFC Bank is providing a 2.50% rate of interest on deposits between 7 days and 29 days, and three % on deposits maturing in 30-90 days. On 91 days to six months, 3.5% and on 6 months 1 day to lower than one 12 months, 4.4%. The financial institution provides 4.9% on FDs maturing in a single 12 months.

HDFC Bank has hiked the rates of interest by 10 foundation factors (bps) on deposits maturing in a single 12 months and two years. These deposits will now fetch 5% rate of interest.

FDs maturing in 2 years to three years will give 5.15%. The financial institution has additionally hiked rates of interest on deposits maturing in 3 years to five years. These deposits will give 5.35%, Deposits with maturity interval 5 years to 10 years will give 5.50% curiosity.

HDFC Bank newest FD rates of interest (beneath ₹2 crore) for common public with impact from 1 December 2021

7 – 14 days 2.50%

15 – 29 days 2.50%

30 – 45 days 3%

61 – 90 days 3%

91 days – 6 months 3.5%

6 months 1 day – 9 months 4.4%

9 months 1 day < 1 Year 4.4%

1 12 months – 4.9%

1 12 months 1 day – 2 years 5%

2 years 1 day – 3 years 5.15%

3 12 months 1 day- 5 years 5.35%

5 years 1 day – 10 years 5.50%

HDFC Bank newest FD rates of interest for senior residents

ICICI Bank has additionally revised rates of interest on mounted deposits (FDs) starting from 7 days to 10 years.

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