HDFC Bank introduces new FD schemes with higher interest rates

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As per their website, HDFC revised 2 FD schemes with increased interest rates. Now, customers can enjoy higher FD rates, like 7.20% for 35 months and 7.25% for 55 months.

“Further, Senior citizens will get an extra benefit of 0.5%. So, Grab it now! It’s applicable for a limited time”, according to the HDFC website.

FD Schemes Overview:

The bank has offered two different FD schemes with 35 and 55-month terms that provide a borrowing cost of 7.20% and 7.25% respectively.

  • (Exclusive Edition FD- 35 Month) 2 Years 11 Months- 7.20%
  • (Exclusive Edition FD-55 Month) 4 Years 7 Months- 7.25%
FD Schemes for Elders:
  • (Exclusive Edition FD-35 Month) 2 Years 11 Months- 7.70%
  • (Exclusive Edition FD- 55 Month) 4 Years 7 Months- 7.75%
HDFC FD Schemes (Beginning on May 29, 2023)
Time PeriodInterest Rates
7 to 14 days3%
15-29 days3%
30-45 days3.50%
46 to 60 days4.50%
61 to 89 days4.50%
6 months4.50%
6 Months 1 Day to < = 9 Months5.75%
9 Months 1 Day to < 1 Year6%
1 year to < 15 months6.60%
15 Months to < 18 Months7.10%
18 Months to < 21 Months7.00%
21 Months to 2 years7.00%
2 years 1 Day to less than 2 Years 11 Months7.00%
2 Years 11 Months (Special Edition)7.20%
2 Years 11 Months 1 Day < = 3 Years7.00%
3 Years 1 Day less than 4 Years 7 Months7.00%
4 Years 7 Months (Special Edition)7.25%
4 Years 7 Months 1 Day < = 5 Years7.00%
5 Years 1 Day to 10 Years7.00%

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