Latest HDFC Bank FD rates: HDFC Bank raises fixed deposit, recurring deposit interest rates – check list

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Latest HDFC Bank FD interest rates: HDFC Bank has revised upwards its fixed deposit rates for FDs beneath Rs 2 crore, following the same transfer by the State Bank of India (SBI). The revised rates will come into impact from June 10, 2024.
For normal prospects, HDFC Bank provides interest rates starting from 3% to 7.25% on tenures spanning 7 days to 10 years.The peak interest price of seven.25% is relevant to deposits with tenures between 18 months and fewer than 21 months.

HDFC Bank Fixed Deposit Rates: Latest

According to an ET report, normal prospects of HDFC Bank will obtain a 3% interest price on fixed deposits maturing between 7 and 29 days. Deposits with maturities starting from 30 to 45 days will fetch an interest price of three.50%, whereas these maturing between 46 days and fewer than six months will earn 4.50% interest.
For fixed deposits maturing between six months and in the future and fewer than 9 months, the financial institution provides a 5.75% interest price. Deposits with maturities between 9 months and in the future and fewer than one yr will obtain a 6% interest price.
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Fixed deposits maturing between one yr and fewer than 15 months will earn an interest price of 6.60%, whereas these maturing between 15 months and fewer than 18 months will obtain a 7.10% interest price. HDFC Bank provides 7.25% interest price on FD tenure of 18 months to lower than 21 months.
HDFC Bank has introduced a rise in interest rates for fixed deposits with maturities starting from 21 months to lower than three years. The financial institution now provides a 7% interest price on deposits maturing between 21 months and fewer than two years and eleven months.
For tenures of two years 11 months to lower than 3 years and a couple of years 1 day to lower than 2 years 11 months, the financial institution has raised the interest price from 7% to 7.15%. Additionally, the financial institution has elevated the interest price by 20 foundation factors, from 7% to 7.20%, for tenures of three years 1 day to lower than 4 years 7 months and 4 years 7 months 1 day to lower than 5 years. For deposits with a tenure of 5 years 1 day to 10 years, the financial institution provides a 7% interest price.

Tenor Bucket
Interest Rate (each year)
7 – 14 days 3.00%
15 – 29 days 3.00%
30 – 45 days 3.50%
46 – 60 days 4.50%
61 – 89 days 4.50%
90 days 4.50%
6 months 1 days 5.75%
9 months 1 day to 6.00%
1 yr to 6.60%
15 months to 7.10%
18 months to 7.25%
21 months – 2 years 7.00%
2 Years 1 day to 7.15%
2 Years 11 Months – 35 Months 7.15%
2 Years 11 Months 1 day 7.15%
3 Years 1 day to 7.20%
4 Year 7 Months – 55 months 7.20%
4 Year 7 Months 1 day 7.20%
5 Years 1 day – 10 Years 7.00%

HDFC Bank Senior Citizens FD Rates

HDFC Bank supplies interest rates starting from 3.5% to 7.75% on tenures spanning from 7 days to 10 years for senior residents. The highest interest price of seven.75% is obtainable on deposits with a tenure of 18 months to lower than 21 months.

Tenor Bucket
**Senior Citizen Rates (each year)
7 – 14 days 3.50%
15 – 29 days 3.50%
30 – 45 days 4.00%
46 – 60 days 5.00%
61 – 89 days 5.00%
90 days 5.00%
6 months 1 days 6.25%
9 months 1 day to 6.50%
1 yr to 7.10%
15 months to 7.60%
18 months to 7.75%
21 months – 2 years 7.50%
2 Years 1 day to 7.65%
2 Years 11 Months – 35 Months 7.65%
2 Years 11 Months 1 day 7.65%
3 Years 1 day to 7.70%
4 Year 7 Months – 55 months 7.70%
4 Year 7 Months 1 day 7.70%
5 Years 1 day – 10 Years 7.50%

Latest HDFC Bank Recurring Deposit Rates

HDFC Bank has additionally revised its recurring deposit interest rates for tenures of 27 months and 36 months, providing an interest price of seven.15% for normal residents and seven.65% for senior residents.
For tenures of 39 months, 48 months, and 60 months, the financial institution provides a 7.20% interest price for normal residents and a 7.70% interest price for senior residents.

Period Interest Rate Senior Citizen Rates Effective
6 Months 4.50% 5.00% 24-Jan-23
9 Months 5.75% 6.25% 24-Jan-23
12 Months 6.60% 7.10% 24-Jan-23
15 Months 7.10% 7.60% 21-Feb-23
24 Months 7.00% 7.50% 24-Jan-23
27 Months 7.15% 7.65% 10-Jun-24
36 Months 7.15% 7.65% 10-Jun-24
39 Months 7.20% 7.70% 10-Jun-24
48 Months 7.20% 7.70% 10-Jun-24
60 Months 7.20% 7.70% 10-Jun-24
90 Months 7.00% 7.50% 2-May-24
120 Months 7.00% 7.50% 2-May-24


Nilesh Desai
Nilesh Desaihttps://www.TheNileshDesai.com
The Hindu Patrika is founded in 2016 by Mr. Nilesh Desai. This website is providing news and information mainly related to Hinduism. We appreciate if you send News, information or suggestion.

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