June 24, 2024

HDFC Financial institution has tweaked its Fastened Deposit rates of interest for quantities lower than two crore. The brand new charges can be in motion from October 1, as per the financial institution’s latest announcement.

These adjustments apply to Home, NRO, and NRE Fastened Deposits beginning October 1, 2023. Only a heads up, Senior Citizen Charges don’t apply to NRIs. Additionally, the minimal tenure for NRE Deposits is one 12 months.

HDFC Financial institution Revised FD Curiosity Charges 2023

Tenures Curiosity Price (every year) Senior Citizen Charges (every year in)
7 – 14 days 3.00% 3.50%
15 – 29 days 3.00% 3.50%
30 – 45 days 3.50% 4.00%
46 – 60 days 4.50% 5.00%
61 – 89 days 4.50% 5.00%
90 days < = 6 months 4.50% 5.00%
6 months 1 days < = 9 months 5.75% 6.25%
9 months 1 day to < 1 12 months 6.00% 6.50%
1 12 months to < 15 months 6.60% 7.10%
15 months to < 18 months 7.10% 7.60%
18 months to < 21 months 7.00% 7.50%
21 months – 2 years 7.00% 7.50%
2 Years 1 day to < 2 Yr 11 Months 7.00% 7.50%
2 Years 11 Months – 35 Months 7.15% 7.65%
2 Years 11 Months 1 day < = 3 Yr 7.00% 7.50%
3 Years 1 day to < 4 Years 7 Months 7.00% 7.50%
4 Yr 7 Months – 55 months 7.20% 7.70%
4 Yr 7 Months 1 day < = 5 Years 7.00% 7.50%

Additionally learn:

Tips on how to Open an NPS Account for NRIs and OCIs?

HDFC’s Particular Version FD

“Take pleasure in HIGHER FD Charges @7.15% on tenure 35 months and @7.20% on tenure 55 months. What’s extra? Senior Citizen advantages 0.50% EXTRA!…So Hurry! Legitimate for Restricted Interval solely!” talked about the HDFC financial institution web site.