HDFC Bank offers additional 0.50 per cent interest across tenors to senior citizens.
- Hdfc Fixed Deposit Interest Rates 2020
- Hdfc Ltd Fixed Deposit Interest Rates
- Hdfc Fixed Deposit Interest Rates 2020 Uk
- Fd Rates Hdfc Ltd
HDFC 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. 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. (Also Read: Kotak Mahindra Bank Offers These Interest Rates Annually On Fixed Deposits)
- HDFC Fixed Deposit (FD) Rates 2021 Updated on February 24, 2021, 6258 views. HDFC Bank is one of the largest private sector lenders on the Basis of assets. HDFC offers a Savings Account, fixed deposit and current deposit services to customers in order to increase their investments in a short time or a specific time.The FD option offered by HDFC.
- As per the Terms & Conditions of Fixed Deposit Accounts of the bank,In case of premature closure of Fixed Deposit (including sweep in / partial closure) the interest rate will be 1.00% below the contracted rate or the rate applicable for the period the deposit has remained with the bank, whichever is lower,except for the tenor of 7-14 days.
W.e.f 14th May 2020 till 31st March 2021, TDS rate is reduced from 10% to 7.5% on resident deposits. As per section 206AA introduced by finance (No.2) Act, 2009 wef 01.4.2010, every person who receives income on which TDS is deductible shall furnish his pan, failing which TDS shall be deducted at the rate of 20% as against the existing TDS rate.
Below are the 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
Reserve Bank of India Governor-led Monetary Policy Committee (MPC) on Friday (February 4) decided to maintain key policy rates at existing levels, saying that the “need of the hour is to back growth.” The Reserve Bank kept the repo rate unchanged at 4 per cent and reverse repo rate untouched at 3.35 per cent.
“Going forward, the Indian economy is poised to move in only one direction and that is upwards. It is our strong conviction, backed by forecasts, that in 2021/22, we would undo the damage that COVID-19 has inflicted on the economy,” Reserve Bank of India Governor Shaktikanta Das said after announcing the rate decision.
New Delhi | Jagran Business Desk: Fixed Deposits (FDs) are considered one of the safest and secured investment options in India as banks are bound to pay a fixed interest on them. From a period of seven days to 10 years, different banks provide different tenures for FDs and that's why it becomes important to compare the interest rates offered on fixed deposits before investing our money. So here's a look at the latest FD interest rates offered by SBI, PNB, HDFC Bank, Axis Bank and Canara Bank:
State Bank of India (SBI):
7 to 45 days -- 2.90 per cent general public
46 days to 179 days -- 3.90 per cent general public
180 days to 210 days -- 4.40 per cent general public
211 days 364 days -- 4.40 per cent general public
1 year to 2 years -- 5.10 per cent general public
2 years to 3 years -- 5.10 per cent general public
3 years to 5 years -- 5.30 per cent general public
5 years to 10 years -- 5.40 per cent for general public
Punjab National Bank (PNB):
7 to 14 days -- 3 per cent for general public
15 to 29 days -- 3 per cent for general public
30 to 45 days -- 3 per cent for general public
46 to 90 days -- 3.25 per cent for general public
91 to 179 days -- 4 per cent for general public
180 to 270 days -- 4.40 per cent for general public
271 to 364 days -- 4.50 per cent for general public
For 333 days -- 4.50 per cent for general public
1 year -- 5.25 per cent for general public
444 days -- 5.25 per cent for general public
555 days -- 5.25 per cent for general public
1 to 2 years -- 5.25 per cent for general public
2 to 3 years -- 5.25 per cent for general public
3 to 5 years -- 5.30 per cent for general public
5 10 years -- 5.30 per cent for general public
Axis Bank:
7 days to 14 days 2.50 per cent for general public
15 days to 29 days 2.50 per cent for general public
30 days to 45 days 3 per cent for general public
46 days to 60 days 3 per cent for general public
61 days < 3 months 3 per cent for general public
3 months < 4 months 3.5 per cent for general public
4 months < 5 months 3.5 per cent for general public
5 months < 6 months 3.5 per cent for general public
6 months < 7 months 4.40 per cent for general public
7 months < 8 months 4.40 per cent for general public
8 months < 9 months 4.40 per cent for general public
9 months < 10 months 4.40 per cent for general public
10 months < 11 months 4.40 per cent for general public
11 months < 11 months 25 days 4.40 per cent for general public
11 months 25 days < 1 year 5.15 per cent for general public
1 year < 1 year 5 days 5.15 per cent for general public
1 year 5 days < 1 year 11 days 5.10 per cent for general public
1 year 11 days < 1 year 25 days 5.10 per cent for general public
1 year 25 days < 13 months 5.10 per cent for general public
13 months < 14 months 5.10 per cent for general public
14 months < 15 months 5.10 per cent for general public
15 months < 16 months 5.10 per cent for general public
16 months < 17 months 5.10 per cent for general public
17 months < 18 months 5.10 per cent for general public
18 Months < 2 years 5.25 per cent for general public
2 years < 30 months 5.40 per cent for general public
30 months < 3 years 5.40 per cent for general public
3 years < 5 years 5.40 per cent for general public
5 years to 10 years 5.50 per cent for general public
Canara Bank:
7 days to 45 days - 2.95 per cent for general public
46 days to 90 days - 3.90 per cent for general public
91 days to 179 days - 4 per cent for general public
180 days to less than 1 Year- 4.45 per cent for general public
1 year only - 5.25 per cent for general public
Above 1 year to less than 2 years - 5.20 per cent for general public
2 years & above to less than 3 years - 5.20 per cent for general public
3 years & above to less than 5 years - 5.30 per cent for general public
5 years & above to 10 Years - 5.30 per cent for general public
HDFC Bank:
7 to 14 days - 2.50 per cent for general public
15 to 29 days - 2.50 per cent for general public
Hdfc Fixed Deposit Interest Rates 2020
30 to 45 days - 3 per cent for general public
46 to 60 days - 3 per cent for general public
61 to 90 days - 3 per cent for general public
91 days to 6 months - 3.50 per cent for general public
6 to 9 months - 4.40 per cent for general public
Hdfc Ltd Fixed Deposit Interest Rates
9 months to 364 days - 4.40 per cent for general public
Hdfc Fixed Deposit Interest Rates 2020 Uk
1 year - 4.90 per cent for general public
Fd Rates Hdfc Ltd
1 to 2 years - 4.90 per cent for general public