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HomePersonal FinanceHDFC Bank FD Rate Increased: Good news! HDFC Bank increased interest...

HDFC Bank FD Rate Increased: Good news! HDFC Bank increased interest rates on Fixed Deposits, Check new interest rate

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FD Rates Hike: The change in the new interest rate of FD was implemented by the bank on 26 October 2022. It was told by the bank that the benefit of the increased interest rates will be given to those who have FD of less than 2 crores.



HDFC Bank FD Rates: If your account is also in HDFC Bank, then this news will make you happy. This good news has been given by the bank to its customers through e-mail on Tuesday morning. In fact, on Monday evening and Tuesday morning, the bank customers were e-mailed that the bank has increased the FD rate from 5.45 percent to 6.25 percent. However, this interest rate of 6.25 percent will be given only on the basis of certain conditions.

Those with FD of less than 2 crores will get the benefit

However, soon after Diwali, the bank had announced to increase the interest rate. The change in the new interest rate of FD was implemented by the bank on 26 October 2022. It was told by HDFC Bank that the benefit of increased interest rates will be given to those who have FD less than Rs 2 crore. This time the interest rates have been increased by 50 basis points.

FD can be done up to 10 years

The bank said that after the increase made today, normal customers will get benefits ranging from 3 percent to 6.25 percent on FDs maturing from 7 days to 10 years. The bank provides fixed deposit facility to the customers with tenor ranging from 7 days to 10 years.

HDFC Bank FD Latest Rates –

>> 7 to 14 days – 3%
>> 15 to 29 days – 3%
>> 30 to 45 days – 3.50 percent
>> 46 to 60 days – 4%
>> 61 to 89 days – 4.50 percent
>> 90 days to 6 months – 4.50 percent
>> 6 months 1 day to 9 months – 5.25 percent
>> 9 months 1 day to less than 1 year – 5.50 percent
>> 1 year to 15 months – 6.10 percent
>> 15 months to 18 months – 6.15 percent
>> 18 months to 21 months – 6.15 percent
>> 21 months to 2 years – 6.15 percent
>> 2 years 1 day – 3 years – 6.25 percent
>> 3 years 1 day to 5 years – 6.25 percent
>> 5 years 1 day to 10 years – 6.20 percent

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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