FD New Rates: The country’s largest bank made a big change in FD rates, know how much the interest rates have increased.

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FD New Rates: The country's largest bank made a big change in FD rates, know how much the interest rates have increased.
FD New Rates: The country's largest bank made a big change in FD rates, know how much the interest rates have increased.

FD Scheme: If you are thinking of making a fixed deposit in any bank, then there is good news for you because India’s largest private sector HDFC Bank has made a big change in the interest rates of FD ranging from Rs 2 crore to Rs 5 crore. Do you know…

HDFC Bank, India’s largest private sector lender, has revised its interest rates on bulk fixed deposits (FDs) ranging from ₹2 crore to less than ₹5 crore.

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After the revision, HDFC Bank is currently offering interest rates on FDs of 7 days to 10 years ranging from 4.75% to 7.40% for the general public and 5.25% to 7.90% for senior individuals.

According to the official website of HDFC Bank, the interest rates on these deposits are effective from 3 February 2024. The maximum interest rate on deposits maturing in less than 1 year to 15 months is currently 7.90% for senior citizens and 7.40% for regular customers.

HDFC Bank Bulk FD Rates for General Customers

On bulk deposits maturing in 7 to 29 days, the bank is now offering an interest rate of 4.75% and on deposits maturing in 30 – 45 days, HDFC Bank is now offering an interest rate of 5.50%.

HDFC Bank is now promising an interest rate of 5.75% on deposit tenure of 46 – 60 days and 6.00% on deposit tenure of 61 – 89 days.

-7 – 14 days 4.75%

-15 – 29 days 4.75%

-30 – 45 days 5.50%

-46 – 60 days 5.75%

-61 – 89 days 6.00%

-90 days <= 6 months 6.50%

-6 months 1 day <=9 months 6.65%

-9 months 1 day to < 1 year 6.75%

-1 year to <15 months 7.40%

-15 months to <18 months 7.05%

-18 months to <21 months 7.05%

-21 months to 2 years 7.05%

-2 years 1 day to 3 years 7.00%

-3 years 1 day to 5 years 7.00%

-5 years 1 day to 10 years 7.00%

FD rates for senior citizens

-7 – 14 days 5.25%

-15 – 29 days 5.25%

-30 – 45 days 6.00%

-46 – 60 days 6.25%

-61 – 89 days 6.50%

-90 days <= 6 months 7.00%

-6 months 1 day <=9 months 7.15%

-9 months 1 day to < 1 year 7.25%

-1 year to <15 months 7.90%

-15 months to <18 months 7.55%

-18 months to <21 months 7.55%

-21 months to 2 years 7.55%

-2 years 1 day to 3 years 7.50%

-3 years 1 day to 5 years 7.50%

-5 years 1 day to 10 years 7.75%*

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