Where do you also want to invest your money? If yes, then which option do you want to choose for this? Do you want to keep your money safe in a savings account, FD, RD, SIP or mutual fund? So you can choose fixed deposit as a better option. By investing your money in FD you can avail higher returns. However, all banks offer different interest rates on FD.
If you are a customer of HDFC Bank or are thinking of investing in this bank then you have a good opportunity. Actually, the interest rate offered by the bank on FD has been increased. In such a situation, customers will be able to get the benefit of higher interest rates on FD. Let us know how much interest rate HDFC Bank is offering on fixed deposits for how many days (interest rate on fixed deposits?).
Bank is giving 7.75 percent interest on FD
HDFC Bank customers will get the benefit of higher interest rates on fixed deposits. The bank is giving the benefit of 7.75 percent interest rate on FD to the customers. The bank offers FD facility for tenures ranging from 7 days to 10 years.
Higher interest rate will be available on FD of this much rupees
HDFC Bank customers are getting the benefit of higher interest rates on FDs of less than Rs 2 crore. The bank has increased the FD rate by 0.25 percent. The bank has shared information about increasing interest rates on its official sites.
You will get more interest in this period of days
Customers will get the benefit of the highest interest rate on tenure ranging from 8 months to 20 months. Common investors are getting the benefit of 7.25 percent interest rate on FD. At the same time, senior citizens will be given the benefit of interest up to 7.75 percent.
At the same time, if someone makes FD for a period ranging from 5 years, 1 day to 10 years, then he will also get the benefit of interest up to 7.75 percent. However, senior citizens will get the benefit of this percentage interest rate. At the same time, general investors get the benefit of interest up to 7 percent.
FD with a tenure of 7 days to 10 years will get the benefit of 3.5 percent to 7.75 percent interest rate. FDs with tenure less than 18 months to 21 months will get the benefit of 7 to 7.25 percent interest rate.