- February 9, 2024
HDFC Bank FD Interest Rates: Earn Up to 7.75% | India Business News – Times of India
HDFC Bank FD rates: HDFC Bank has increased fixed deposit interest rates for select tenures by as much as 25 basis points (bps) for deposits below Rs 2 crore. These updated FD rates came into effect starting February 9, according to information provided on the HDFC Bank website.
What are the latest FD rates offered by HDFC Bank?
According to ET, HDFC Bank provides a range of interest rates, varying from 3.5% to 7.75%, across different FD tenures spanning from 7 days to 10 years.Notably, the bank has increased the interest rate on the 18-month to less than 21-month tenure from 7% to 7.25%.
What are the latest HDFC Bank FD rates?
HDFC Bank offers various interest rates on fixed deposits for different durations. For instance, for deposits maturing between 7 and 29 days, the interest rate is 3%. For deposits maturing between 30 and 45 days, it’s 3.50%. Deposits maturing between 46 days and less than six months earn 4.50% interest. For deposits maturing between six months and less than nine months, the interest rate is 5.75%, and for those maturing between nine months and less than one year, it’s 6%.
ALSO READ | Provident Fund interest rate FY24: EPFO likely to propose 8% rate for FY24
Fixed deposits maturing between one year and less than 15 months earn a 6.60% interest rate, while those maturing between 15 months and less than 18 months receive a 7.10% interest rate. Additionally, the bank has increased the interest rate on deposits maturing between 18 months and less than 21 months by 25 basis points, from 7% to 7.25%.
HDFC Bank is now offering a 7% interest rate on deposits maturing between 21 months and less than three years.
Except for the tenures of 35 and 55 months, where the bank offers 7.15% and 7.20% interest rates respectively, HDFC Bank will pay 7% on the remaining durations.
HDFC Bank senior citizen FD rates
The bank provides interest rates ranging from 3.5% to 7.75% on durations spanning from 7 days to 10 years. Notably, the highest interest rate of 7.75% is offered on deposits with a tenure of 18 months to less than 21 months.
New HDFC Bank FD interest rates as of February 9 (today)
What are the latest FD rates offered by HDFC Bank?
According to ET, HDFC Bank provides a range of interest rates, varying from 3.5% to 7.75%, across different FD tenures spanning from 7 days to 10 years.Notably, the bank has increased the interest rate on the 18-month to less than 21-month tenure from 7% to 7.25%.
What are the latest HDFC Bank FD rates?
HDFC Bank offers various interest rates on fixed deposits for different durations. For instance, for deposits maturing between 7 and 29 days, the interest rate is 3%. For deposits maturing between 30 and 45 days, it’s 3.50%. Deposits maturing between 46 days and less than six months earn 4.50% interest. For deposits maturing between six months and less than nine months, the interest rate is 5.75%, and for those maturing between nine months and less than one year, it’s 6%.
ALSO READ | Provident Fund interest rate FY24: EPFO likely to propose 8% rate for FY24
Fixed deposits maturing between one year and less than 15 months earn a 6.60% interest rate, while those maturing between 15 months and less than 18 months receive a 7.10% interest rate. Additionally, the bank has increased the interest rate on deposits maturing between 18 months and less than 21 months by 25 basis points, from 7% to 7.25%.
HDFC Bank is now offering a 7% interest rate on deposits maturing between 21 months and less than three years.
Except for the tenures of 35 and 55 months, where the bank offers 7.15% and 7.20% interest rates respectively, HDFC Bank will pay 7% on the remaining durations.
HDFC Bank senior citizen FD rates
The bank provides interest rates ranging from 3.5% to 7.75% on durations spanning from 7 days to 10 years. Notably, the highest interest rate of 7.75% is offered on deposits with a tenure of 18 months to less than 21 months.
New HDFC Bank FD interest rates as of February 9 (today)
| FD tenure |
Regular interest rates (per annum) |
Senior Citizen Rates (per annum) |
| 7 – 14 days | 3.00% | 3.50% |
| 15 – 29 days | 3.00% | 3.50% |
| 30 – 45 days | 3.50% | 4.00% |
| 46 – 60 days | 4.50% | 5.00% |
| 61 – 89 days | 4.50% | 5.00% |
| 90 days < = 6 months | 4.50% | 5.00% |
| 6 months 1 days < = 9 months | 5.75% | 6.25% |
| 9 months 1 day to < 1 year | 6.00% | 6.50% |
| 1 year to < 15 months | 6.60% | 7.10% |
| 15 months to < 18 months | 7.10% | 7.60% |
| 18 months to < 21 months | 7.25% | 7.75% |
| 21 months – 2 years | 7.00% | 7.50% |
| 2 Years 1 day to < 2 Year 11 Months | 7.00% | 7.50% |
| 2 Years 11 Months – 35 Months | 7.15% | 7.65% |
| 2 Years 11 Months 1 day < = 3 Year | 7.00% | 7.50% |
| 3 Years 1 day to < 4 Years 7 Months | 7.00% | 7.50% |
| 4 Year 7 Months – 55 months | 7.20% | 7.70% |
| 4 Year 7 Months 1 day < = 5 Years | 7.00% | 7.50% |
| 5 Years 1 day – 10 Years | 7.00% | 7.75%* |
(Source: HDFC Bank website)
HDFC Bank bulk deposits interest rates revised
HDFC Bank has once again adjusted its bulk deposit interest rates, this time increasing the FD interest rate by 20 basis points (bps) on the tenure of 18 months to less than 21 months, raising it from 7.05% to 7.25%.
