HDFC Bank introduces new FD schemes with higher interest rates
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 Period | Interest Rates |
| 7 to 14 days | 3% |
| 15-29 days | 3% |
| 30-45 days | 3.50% |
| 46 to 60 days | 4.50% |
| 61 to 89 days | 4.50% |
| 6 months | 4.50% |
| 6 Months 1 Day to < = 9 Months | 5.75% |
| 9 Months 1 Day to < 1 Year | 6% |
| 1 year to < 15 months | 6.60% |
| 15 Months to < 18 Months | 7.10% |
| 18 Months to < 21 Months | 7.00% |
| 21 Months to 2 years | 7.00% |
| 2 years 1 Day to less than 2 Years 11 Months | 7.00% |
| 2 Years 11 Months (Special Edition) | 7.20% |
| 2 Years 11 Months 1 Day < = 3 Years | 7.00% |
| 3 Years 1 Day less than 4 Years 7 Months | 7.00% |
| 4 Years 7 Months (Special Edition) | 7.25% |
| 4 Years 7 Months 1 Day < = 5 Years | 7.00% |
| 5 Years 1 Day to 10 Years | 7.00% |
