What is fixed deposit interest rate in hdfc bank
Now with HDFC Bank's Fixed Deposit Accounts, enjoy benefits of higher interest rates by choosing from wide portfolio of fixed deposit scheme which best suits your needs. In case of premature closure of NRO 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. In case of premature closure of NRO / Resident 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. HDFC NRE & NRO fixed deposit interest rate ranges from 3.50% to 7.40%. The best interest rate offered for HDFC Bank Fixed Deposits lesser than INR 1 crore is 7.45% and 7.90% for individuals and senior citizens investing respectively. HDFC Fixed Deposit (FD) Rates With HDFC Fixed Deposit, you can invest your money for a tenure anywhere between 7 days to 10 years and earn interest over the deposited amount. You can earn HDFC FD interest rate of 7.30% p.a. for a mandate of 1 to 2 years. Senior citizens enjoy an additional rate of interest of 0.50% p.a.
HDFC Bank revises its fixed deposit interest rates below Rs. 2 crore on select maturities with effect from 2nd August 2019. The bank has reduced the interest rate by 10 basis points on deposits maturing in 1 year 16 days. HDFC Bank has lowered the interest rate to 7% on deposits maturing in 1 year 16 days.
In case of premature closure of NRO / Resident 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. HDFC NRE & NRO fixed deposit interest rate ranges from 3.50% to 7.40%. The best interest rate offered for HDFC Bank Fixed Deposits lesser than INR 1 crore is 7.45% and 7.90% for individuals and senior citizens investing respectively. HDFC Fixed Deposit (FD) Rates With HDFC Fixed Deposit, you can invest your money for a tenure anywhere between 7 days to 10 years and earn interest over the deposited amount. You can earn HDFC FD interest rate of 7.30% p.a. for a mandate of 1 to 2 years. Senior citizens enjoy an additional rate of interest of 0.50% p.a. Interest Rate on HDFC Bank Fixed Deposit HDFC Bank offers competitive interest rates on its Fixed Deposit scheme. It ranges from 3.50% and goes up to 8% depending on the amount invested and the tenure. One of the most important points to be noted for a Fixed Deposit is that one cannot withdraw money before maturity else it will attract penalty. Rate of Interest - Interest rate is the rate charged by the bank on your fixed deposit. HDFC Bank offers a higher rate of interest on fixed deposits of longer tenure and lower interest rate on deposits of less than a year. HDFC Bank revises its fixed deposit interest rates below Rs. 2 crore on select maturities with effect from 2nd August 2019. The bank has reduced the interest rate by 10 basis points on deposits maturing in 1 year 16 days. HDFC Bank has lowered the interest rate to 7% on deposits maturing in 1 year 16 days. The interest payable shall be one percent lower than the interest rate applicable to a public deposit for the period for which the deposit has run or if no rate has been specified for that period, then two percent lower than the minimum rate at which the public deposits are accepted by HDFC.
31 Oct 2019 -- On fixed deposits of amount under Rs 2 crore, HDFC Bank offers interest rate in the range of 3.5-6.85% per annum depending on the lock-in
Bank's Regular Fixed Deposit where you don't need to choose between great rates & safety. Apply now for fixed deposit scheme to earn higher interest rates.
HDFC FD Rates 2020: HDFC Bank Fixed deposits have been a favourite investment choice for Indians for a long time now. They are safe, offer good returns and are easy to open and operate. Regular Fixed Deposit ensures that your earnings grow steadily and effortlessly.
Fixed Deposits have long been the cherished investment avenues for generations of Indians. Currently, the FD interest rates HDFC offers is 7.40% for the general 31 Oct 2019 -- On fixed deposits of amount under Rs 2 crore, HDFC Bank offers interest rate in the range of 3.5-6.85% per annum depending on the lock-in
Though, HDFC FD rates vary, the highest interest is 7% per annum, which changes based on the repo rate that RBI periodically fixes. Fixed deposit tenures vary from 1 year 17 days to 5 years, and HDFC FD interest rates are more competitive for longer tenures than shorter ones.
Interest rates on Fixed Deposit are at an all-time high! As per the 2019 Budget, interest on TDS term deposit is exempted up to Rs. 40000. Know more
All interest rates are on per annum basis. The above rates are only for individual customers. For deposits of any higher amount and corporate deposits please