Hdfc Fixed Deposit Interest Rates 2020

HDFC Bank offers additional 0.50 per cent interest across tenors to senior citizens.

Hdfc Ltd Fixed Deposit Rates

HdfcHdfc Fixed Deposit Interest Rates 2020

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)

Below are the fixed deposit interest rates offered by HDFC Bank:

Hdfc Fixed Deposit Interest Rates 2020 Uk

While picking an FD to invest in, it is always recommended to compare the rates for similar tenures and choose the one with the highest bank FD interest rate. The following are the HDFC Bank Fixed Deposit (FD) interest rates. HDFC Bank Domestic/NRO/NRE Term Deposits Interest Rates 2020. Fixed Deposits Interest Rates: Here's a look at the latest FD interest rates offered by SBI, PNB, HDFC Bank, Axis Bank and Canara Bank. Publish Date: Thu, 10 Dec 2020 06:15 PM IST facebook.

Tenor BucketInterest Rate (per annum)Interest Rate For Senior Citizen Rates (per annum)
7 – 14 days2.50%3.00%
15 – 29 days2.50%3.00%
30 – 45 days3.00%3.50%
46 – 60 days3.00%3.50%
61 – 90 days3.00%3.50%
91 days – 6 months3.50%4.00%
6 months 1 days – 9 months4.40%4.90%
1 year 1 day – 2 years4.90%5.40%
2 years 1 day – 3 years5.15%5.65%
3 year 1 day- 5 years5.30%5.80%
5 years 1 day – 10 years5.50%6.25%

Source: HDFC Bank

Hdfc nre fixed deposit interest rates 2020

Hdfc Fixed Deposit Interest Calculator

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.

Hdfc Nre Fixed Deposit Interest Rates 2020

Fixed

“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.