HDFC Bank revises FD charges. How they evaluate with ICICI Bank, SBI

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. After the newest revision, HDFC Bank affords curiosity starting from 2.50% to five.50% on deposits maturing between 7 days and 10 years. These charges are efficient from 21 May 2021. HDFC Bank affords rates of interest from 3% to six.25% on FDs maturing in 7 days to 10 years to senior residents.

HDFC Bank newest FD rates of interest (under ₹2 crore) for most people 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 yr – 4.9%

1 yr 1 day – 2 years 5%

2 years 1 day – 3 years 5.15%

3 yr 1 day- 5 years 5.35%

5 years 1 day – 10 years 5.50%

ICICI Bank newest FD charges (under ₹2 crore) for most people with impact from 16 November 2021

ICICI Bank offers rates of interest starting from 2.5% to five.50% on deposits maturing in 7 days to 10 years. These charges are relevant from 16 November 2021. Senior residents will proceed to get a 50 foundation factors (bps) greater rate of interest than others.

7 days to 14 days – 2.5%

15 days to 29 days – 2.50%

30 days to 45 days – 3%

46 days to 60 days – 3%

61 days to 90 days- 3%

91 days to 120 days 3.5%

121 days to 184 days – 3.5%

185 days to 210 days – 4.40%

211 days to 270 days – 4.40%

271 days to 289 days – 4.40%

290 days to lower than 1 yr – 4.40%

1 yr to 389 days – 4.9%

390 days to < 18 months – 4.9%

18 months days to 2 years – 5%

2 years 1 day to three years – 5.15%

3 years 1 day to five years – 5.35%

5 years 1 day to 10 years – 5.50%

SBI newest FD rates of interest (under ₹2 crore) for most people with impact from 8 January 2021

SBI FDs between 7 days to 10 years will give 2.9% to five.4% to normal clients. Senior residents will get 50 foundation factors (bps) further on these deposits. These charges are efficient from 8 January 2021.

7 days to 45 days – 2.9%

46 days to 179 days – 3.9%

180 days to 210 days – 4.4%

211 days to lower than 1 yr – 4.4%

1 yr to lower than 2 years – 5%

2 years to lower than 3 years – 5.1%

3 years to lower than 5 years – 5.3%

5 years and as much as 10 years – 5.4%

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