First ICICI Bank, then Federal Bank and now HDFC, another big private bank of the country, have also changed the rates of fixed deposits of less than Rs 2 crore. After which now more interest will be available on FD for different times than before. The new rates will be effective from 18 May 2022.
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To ordinary citizens, the bank is giving 2.50 percent interest on FDs of 7 days to 29 days, 3 percent interest on FDs of 30 to 90 days. At the same time, the bank is giving 3.50% interest on FDs of 91 days to 6 months. If a customer makes an FD for 6 months 1 day to 9 months, then he will get 4.40% interest. The bank has increased 10 basis points on FDs of less than 1 year from 9 months one day. Let us know how much interest the bank is giving for which time period-
latest interest rate of hdfc bank
On FDs of 7 days to 14 days – 2.50%
On FDs of 15 days to 29 days – 2.50%
On FDs of 30 days to 45 days – 3.00%
On FDs of 46 days to 60 days – 3.00%
On FDs of 61 days to 90 days – 3.00%
On FDs of 91 days to 6 months – 3.50%
On FDs of 6 months one day to 9 months – 4.40%
9 months a day or more but less than a year – 4.50%
On FDs up to 1 year – 5.10%
On FDs of 1 year one day to 2 years – 5.10%