HDFC Bank Launches Special Fixed Deposits with Higher Interest Rates
HDFC Bank, one of India’s leading private sector banks, has announced the launch of two special fixed deposits (FDs) with higher interest rates. The offer is valid for a limited period only and is available on the bank’s website.
Special Fixed Deposits Scheme
Under the Special Fixed Deposits Scheme, customers can enjoy higher FD rates of 7.20% on a tenure of 35 months and 7.25% on a tenure of 55 months. Senior citizens are entitled to an additional 0.50% interest rate, making their effective interest rate 7.70% and 7.75% respectively.
Bank Latest FD Rates
After the recent revision, HDFC Bank offers an interest rate ranging from 3% to 7.25% to general customers on deposits maturing in 7 days to 10 years. Senior citizens can earn an interest rate of 3.5% to 7.75% on these deposits. The revised rates are effective from 29 May 2023.
Special FD Rates for General Customers
Customers can avail of two special edition FDs with a tenure of 35 and 55 months, respectively. These FDs offer an interest rate of 7.20% and 7.25%, respectively.
Special FD Rates for Elderly
Senior citizens can enjoy two special edition FDs with a tenure of 35 and 55 months, respectively. These FDs offer an interest rate of 7.70% and 7.75%, respectively.
Latest FD Rates Effective 29 May 2023
The bank has revised its deposit rates, and the latest rates will be effective from 29 May 2023. The interest rates for different tenures range from 3% to 7.00%.
Conclusion
HDFC Bank’s launch of two special fixed deposits with higher interest rates is a limited period offer that customers can avail of on the bank’s website. Senior citizens can enjoy an additional interest rate of 0.50%. The bank’s latest FD rates range from 3% to 7.25%, effective from 29 May 2023.
Follow DelhiBreakings on Google News
Sorted points by DelhiBreakings.com team.
– This Bank has launched two special fixed deposits (FDs) offering higher interest rates for a limited period only
– HDFC Bank Special Edition Fixed Deposits offer rates of 7.20% on a tenure of 35 months and 7.25% on a tenure of 55 months
– Senior citizens get an additional benefit of 0.50%
– HDFC Bank revised its deposit rates effective from 29 May 2023
– Interest rate for general customers ranges from 3% to 7.25% on deposits maturing in 7 days to 10 years
– Senior citizens can earn an interest rate of 3.5% to 7.75% on these deposits
– Two special edition FDs with a 35 and 55-month term offers an interest rate of 7.20% and 7.25% respectively for general customers
– Two special edition FDs with a 35 and 55-month term offers an interest rate of 7.70% and 7.75% respectively for senior citizens
– Latest FD rates effective from 29 May 2023 are listed, with interest rates ranging from 3.00% to 7.00% for different tenures
– Replace “–” with “👉” in beginning of every line
For Superfast national news and Delhi Breaking Stories visit us daily at https://delhibreakings.com
Something went wrong. Please refresh the page and/or try again.