HDFC bank FD rate changes
HDFC bank FD rate changes

For the customers of HDFC Bank, the leading private bank has once again given them the good news. Again, the HDFC bank has changed the Fixed Deposit (FD) rates. The new rates go into effect on April 20. A new rate will be applicable to FDs below Rs 2 crore.

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Here are the new interest rates

A 2.50 percent interest rate is being offered by the bank to the citizens holding 7-29 day FDs. On top of this, the bank offers 3% interest on FDs of 30 days to 90 days. In response to the new change, HDFC Bank is giving 3.50 interest on fixed deposits for 91 days to 6 months.

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Maximum interest rate 5.60 percent

The bank’s site states that interest will be paid at a rate of 5.10 percent on FDs maturing in one year from one day to two years. The interest rate on FDs for two years, one day, and three years is 5.20 percent. On the other hand, interest rates of 5.45 percent will be available on FDs ranging from three years 1 day to five years, and 5.60 percent on FDs lasting from five years 1 day to ten years.

HDFC Bank’s latest FD interest rates are effective from 20 April 2022

7 to 14 days: 2.50%
15 to 29 days: 2.50%
30 to 45 days: 3%
61 to 90 days: 3%
91 days to 6 months: 3.5%
6 months 1 day to 9 months: 4.4%
9 months 1 day to 1 year: 4.40%
1 year 1 day to 2 years: 5.10%
2 years 1 day to 3 years: 5.20%
3 years to 1 day 5 years: 5.45%
5 years 1 day to 10 years: 5.60%

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