Fixed Deposit rates of HDFC Bank have been revised.
According to the lender’s website, HDFC Bank has boosted interest rates on fixed deposits of less than 2 crore for specific tenures. The new fixed deposit (FD) rates will take effect on April 20, 2022.
According to the bank’s website, HDFC Bank will pay 5.10 percent on one-year deposits and the same interest rate on one-year one-day to two-year fixed deposits.
Interest rates are 5.20 percent, 5.45 percent, and 5.60 percent on deposits maturing in two years, one day to three years, three years, one day to five years, and five years, one day to ten years, respectively.
HDFC Bank latest FD interest rates effective 20 April 2022
7 – 14 days 2.50%
15 – 29 days 2.50%
30 – 45 days 3%
61 – 90 days 3%
91 days – 6 months 3.5%
6 months 1 day – 9 months 4.4%
9 mnths 1 day < 1 Year 4.40%
1 year – 5.10%
1 year 1 day – 2 years 5.10%
2 years 1 day – 3 years 5.20%
3 year 1 day- 5 years 5.45%
5 years 1 day – 10 years 5.60%
HDFC Bank latest FD interest rates for Senior Citizens
7 – 14 days 3%
15 – 29 days 3%
30 – 45 days 3.50%
61 – 90 days 3.50%
91 days – 6 months 4%
6 months 1 day – 9 months 4.90%
9 mnths 1 day < 1 Year 4.90%
1 year – 5.60%
1 year 1 day – 2 years 5.60%
2 years 1 day – 3 years 5.70%
3 year 1 day- 5 years 5.95%
5 years 1 day – 10 years 6.35%
Full table
HDFC bank in its note says that the Fixed Deposits does not have any premature withdrawal facility i.e. the Fixed Deposits cannot be closed by the depositor before expiry of the term of such deposit. However, the Bank may allow premature withdrawal of these deposits in the exceptional circumstance such as in the event of any direction from any judiciary /statutory and / or regulatory authorities cases or deceased claim settlement cases.