Srinagar, Dec 29: HDFC Bank, the country’s largest private sector lender, currently offers 5.50 per cent interest on fixed deposit account below Rs 5 crore with tenure of 5 years 1 day – 10 years, according to HDFC Bank website https://www.hdfcbank.com.
The bank offers additional 0.50 per cent interest across tenors to senior citizens. The maturity period for fixed deposits offered by the HDFC Bank starts from seven days and go on for 10 years. HDFC Bank revised its interest rates on fixed deposits with effect from November 13, 2020. (Also Read: Kotak Mahindra Bank Offers These Interest Rates Annually On Fixed Deposits)
Here are the latest fixed deposit interest rates offered by HDFC Bank:
Tenor Bucket Interest Rate (per annum) Interest Rate For Senior Citizen Rates (per annum)
7 – 14 days 2.50% 3.00%
15 – 29 days 2.50% 3.00%
30 – 45 days 3.00% 3.50%
46 – 60 days 3.00% 3.50%
61 – 90 days 3.00% 3.50%
91 days – 6 months 3.50% 4.00%
6 months 1 days – 9 months 4.40% 4.90%
1 year 1 day – 2 years 4.90% 5.40%
2 years 1 day – 3 years 5.15% 5.65%.
3 year 1 day- 5 years 5.30% 5.80%
5 years 1 day – 10 years 5.50% 6.25%
Source: HDFC Bank website
