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HDFC Financial institution Gives 5.5% Curiosity On Fastened Deposit Of Up To 10 Years. Test Newest Charges Right here



HDFC Financial institution FD: HDFC Financial institution computes curiosity primarily based on the precise variety of days in a yr.

The nation’s largest personal sector lender, HDFC Financial institution, gives most rate of interest of as much as 5.5 per cent on mounted deposit of as much as Rs 2 crore for tenure of as much as 10 years, the financial institution mentioned on its web site HDFC Financial institution gives minimal rate of interest of as much as 2.5 per cent on mounted deposit tenor of seven days to 14 days. HDFC Financial institution mounted deposit accounts will be opened by its clients on-line or visiting any department, HDFC Financial institution mentioned. Presently HDFC Financial institution is providing a premium of 0.25 per cent to senior residents. “An Additional Premium of 0.25 per cent (over and above the existing premium of 0.50 per cent) shall be given to Senior Citizens who wish to book the Fixed Deposit less than 5 crores for a tenure of 5 (five) years One Day to 10 Years, during special deposit offer commencing from 18th May’20 to 30th Jun’21,” HDFC Financial institution mentioned.

Listed below are the most recent mounted deposit charges being supplied by HDFC Financial institution:

Tenor BucketCuriosity Charge (each year)Curiosity Charge For Senior Citizen Charges (each year)
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 yr 1 day – 2 years4.90%5.40%
2 years 1 day – 3 years5.15%5.65%
3 yr 1 day- 5 years5.30%5.80%
5 years 1 day – 10 years5.50%6.25%

Supply: HDFC Financial institution

HDFC Financial institution computes curiosity primarily based on the precise variety of days in a yr. In case, the Deposit is unfold over a leap and a non-leap yr, the curiosity is calculated primarily based on the variety of days i.e.,three hundred and sixty six days in a bissextile year & 12 months in a non-leap yr. The interval of mounted deposit is calculated in variety of days, the Mumbai-based lender mentioned on its web site.

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