The bank is giving interest at the rate of 7.35% to the general investors on FDs of 2 years and 11 months (35 months). At the same time, senior citizens are being given interest at the rate of 7.85%.
Whenever it comes to saving, the common man often thinks of Fixed Deposit (FD). FD is considered a safe investment option, which gives guaranteed returns. If you are thinking of investing in FD, then this information can be helpful for you. Investors should compare the interest rates offered by different banks before investing in FD. Today we are telling you about HDFC Bank’s Special FD Scheme. The bank is giving interest at the rate of 7.35% to the general investors on FDs of 2 years and 11 months (35 months). At the same time, senior citizens are being given interest at the rate of 7.85%.
How much will you get if you invest Rs 100000
If you invest Rs 1 lakh in HDFC Bank’s 2 year and 11 month investment, you will get a total of Rs 121307 on maturity. That is, you will get Rs 21307 interest. On the other hand, if a senior citizen invests in this scheme, he will get Rs 122748 on maturity.
Also Read- SIP of Rs 10,000 made Rs 1.09 crore in just 10 years, know how
Second special FD scheme of 55 months
If you want to invest for a long period, then in HDFC Bank’s 4 year, 07 month (55 months) FD scheme, common people are getting interest at the rate of 7.40% and senior citizens are getting interest at the rate of 7.90%.
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