Bank FD Rates Changed: 2 Banks changed FD rates simultaneously, new rates fixed, know what’s the new rate

Bank FD Rates Changed: Two private banks have simultaneously changed the interest rates of fixed deposits. If you have also invested, then read about them.

Bank FD Rates Changed: Two private banks have taken a big decision on fixed deposits simultaneously. Both have reduced the interest rates of FD. One of these banks is the largest private bank in India, which has reduced the rates of FD. If you have also invested in fixed deposits, then know about these banks and the new interest rates.

These two banks changed FD Rates

One of these banks is HDFC Bank and the other is YES Bank. The new FD rates of both the banks have come into effect from April 1, 2025. HDFC Bank has reduced the interest rates for some period on FDs with investment less than Rs 3 crore. Know further what are the new FD rates of both the banks.

HDFC Bank Fixed Deposit interest rate

• 7 to 14 days – 3.00 percent
• 15 to 45 days – 3.50 percent
• 46 days to 90 days – 4.50 percent
• 6 months 1 day to 9 months – 5.75 percent
• 9 months 1 day to 1 year – 6.00 percent
• 1 year to 15 months – 6.60 percent
• 15 months to 18 months – 7.10 percent
• 18 months to 21 months – 7.25 percent
• 21 months to 2 years – 7.00 percent
• 2 years 1 day to 2 years 11 months – 7.00 percent
• 3 years 1 day to 4 years 7 months – 7.00 percent
• 4 years 7 months 1 day to 5 years – 7.00 percent
• 5 years 1 day to 10 years – 7.00 percent

Yes Bank Fixed Deposit interest rate

• 7 to 29 days – 3.00 percent
• 30 to 45 days – 3.50 percent
• 46 days to 90 days – 4.50 percent
• 91 days to 120 days – 5.00 percent
• 121 days to 180 days – 5.00 percent
• 181 days to 271 days – 6.25 percent
• 272 days to 12 months – 6.50 percent
• 12 months to 24 months – 7.75 percent
• 24 months to 36 months -7.25 percent
• 36 months to 60 months – 7.25 percent
• 60 months – 7.25 percent
• 60 months 1 day to 120 months – 7.00 percent

What is Fixed Deposit?

Fixed deposits are a popular investment method offered by banks and financial institutions. Investors invest a sum of money for a fixed period on which they earn interest. Senior citizens get higher interest rates on FDs than ordinary citizens.

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