HDFC Bank, India’s largest private sector bank, has boosted its depositors’ returns.
Effective from today, June 10, 2024, HDFC Bank has raised the interest rates on fixed deposits below Rs 2 crore.
The new rates offer up to 7.25 percent interest, representing an increase from previous levels.
These revised rates apply across various tenures ranging from 7 days to 10 years for deposits below Rs 2 crore.
The maximum interest rate for this period is 7.25%
HDFC Bank offers 7.25% interest on fixed deposits (FDs) lasting between 18 months and less than 21 months, the highest rate available.
Senior citizen FDs enjoy a 0.50% interest rate boost compared to regular FDs.
Know the interest rates of different HDFC FDs (below Rs 2 crore)
7-14 days: 3% interest, 3.50% for seniors
- 15-29 days: 3% interest, 3.50% for seniors
- 30-45 days: 3.50% interest, 4% for seniors
- 40-60 days: 4.50% interest, 5% for seniors
61-89 days: 4.50% interest, 5% for seniors
90 days-6 months: 4.50% interest, 5% for seniors
- 6 months 1 day – 9 months: 5.75% interest, 6.25% for seniors
- 9 months 1 day – 1 year: 6% interest, 6.50% for seniors
- 1 year – 15 months: 6.60% interest, 7.10% for seniors
- 15 months – 18 months: 7.10% interest, 7.60% for seniors
18 months – 21 months: 7.25% interest, 7.75% for seniors
21 months – 2 years: 7.00% interest, 7.50% for seniors
- 2 years 1 day – 2 years 11 days: 7.15% interest, 7.65% for seniors
- 2 years 11 months – 35 months: 7.15% interest, 7.65% for seniors
2 years 11 months 1 day – 3 years: 7.15% interest, 7.65% for seniors
3 years 1 day to 4 years 7 months: 7.20% interest, 7.70% for seniors
- 4 years 7 months 1 day – 55 months: 7.20% interest, 7.70% for seniors
- 4 years 7 months 1 day- 5 years: 7.20% interest, 7.70% for seniors
5 years 1 day- 10 years: 7.00% interest, 7.50% for seniors
If you’re curious about HDFC Bank’s FD interest rates, you can check them out at this link: HDFC Bank FD Interest Rates
