The general interest rate will stand at 4.40 per cent and for senior citizens, it will be 4.90 per cent. Moving forward, if the tenor is from 6 months 1 day to up to 9 months, the interest rates will again witness a rise. 50 per cent to 3.50 per cent and senior citizens will have to pay 4.00 per cent.
In case, the tenor of your deposit is from 91 days to approximately 6 months, the general interest rate will jump by.
The rates again remain the same for a deposit up to 90 days. However, if the deposit is for a month or up to 45 days, the regular interest rate jumps to 3.00 per cent, while that for senior citizens is at 3.50 per cent. The regular interest rates, as well as rates for the senior citizens, remain the same even if the tenor is for 15-29 days.
HDFC Bank’s Interest Rates on Fixed DepositsĪs per the update, if the tenor of the deposits is between 7 – 14 days, the regular interest rate is 2.50 per cent per annum, and for the senior citizen, the rate is 3.00 per cent. Check out HDFC’s latest interest rates on domestic / NRO / NRE deposits of less than Rs 2 crore. According to the bank’s official website, the new rates are effective from January 12, 2022. The private sector lender HDFC Bank, in a recent update, has revised its interest rates on fixed and recurring deposits, which are of less than Rs 2 crore.
