Private lender HDFC Bank has increased interest rates on fixed deposits (FDs) of less than Rs 2 crore with certain tenors. According to the lender’s website, the new fixed deposit (FD) rates are effective from 6 April 2022.
According to the bank’s website, HDFC Bank has increased its one-year FD interest rate by 10 basis points to 5.10 per cent from 5 per cent. Along with this, the interest rate on FDs with tenor from one year to one day to two years has also been increased by 10 basis points from 5 per cent to 5.10 per cent.
FD interest rates
- 7 to 14 days FD- 2.50%
- FD of 15 to 29 days- 2.50%
- FD of 30 to 45 days – 3%
- FD of 46 to 60 days- 3.00%
- FD of 61 to 90 days – 3%
- FD of 91 days to 6 months – 3.5%
- FD of 6 months 1 day to 9 months – 4.4%
- 9 Months One Day to One Year FD- 4.4%
- One year FD- 5.10%
- 1 year 1 day to 2 year FD- 5.10%
- FD of 2 years 1 day to 3 years – 5.20%
- FD of 3 years 1 day to 5 years – 5.45%
- FD of 5 years 1 day to 10 years – 5.60%
It is worth noting that this interest rate is for all Indians except senior citizens. These interest rates are not applicable on FDs of senior citizens. If senior citizens start an FD with a bank, they get higher interest rates than these.
FD interest rates for senior citizens
- 7 to 14 days FD- 3.00%
- FD of 15 to 29 days- 3.00%
- FD of 30 to 45 days- 3.50%
- FD of 46 to 60 days- 3.50%
- FD of 61 to 90 days- 3.50%
- FD of 91 days to 6 months- 4.00%
- FD of 6 months 1 day to 9 months – 4.90%
- 9 Months One Day to One Year FD- 4.90%
- One year FD- 5.60%
- 1 year 1 day to 2 year FD- 5.60%
- FD of 2 years 1 day to 3 years – 5.70%
- FD of 3 years 1 day to 5 years – 5.95%
- FD of 5 years 1 day to 10 years – 6.35%*
