look news india
The country’s largest private sector bank, HDFC Bank has once again shocked its crores of customers. The bank has cut interest rates on fixed deposits (FD) up to Rs 3 crore. The new interest rates have come into force from 19 April 2023. This change has been taken by the bank after reducing the repo rate by RBI. Interest rates on some FD have been cut by up to 0.50 per cent.
HDFC Bank’s new FD interest rates (for deposit up to 3 crores):
| Duration | general public (%) | Senior Citizen (%) |
|---|---|---|
| 7 to 14 days | 3.00 | 3.50 |
| 15 to 29 days | 3.00 | 3.50 |
| 30 to 45 days | 3.50 | 4.00 |
| 46 to 60 days | 4.50 | 5.00 |
| 61 to 89 days | 4.50 | 5.00 |
| 90 days to 6 months | 4.50 | 5.00 |
| 6 months less than 1 day to 9 months | 5.75 | 6.25 |
| 9 months 1 day to 1 year | 6.00 | 6.50 |
| Less than 1 year to 15 months | 6.60 | 7.10 |
| 15 months to 18 months less | 7.05 | 7.55 |
| 18 months 1 day to 21 months | 7.05 | 7.55 |
| 21 months to 2 years | 6.70 | 7.20 |
| 2 years 1 day to 2 years less than 11 months | 6.90 | 7.40 |
| 2 years 11 months 1 day to 35 months | 6.90 | 7.40 |
| 2 years 11 months 1 day to 3 years | 6.75 | 7.25 |
| 3 years 1 day to 4 years 7 months | 6.75 | 7.25 |
| 4 years 7 months to 55 months | 6.75 | 7.25 |
| 4 years 7 months less than day to 5 years | 6.75 | 7.25 |
| 5 years to 10 years | 6.50 | 7.00 |