FD Interest Rates: This bank increased the interest rate on FD, you will get so much benefit..
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 the better option Fixed Deposit. 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 given 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 (interest rate on fixed deposit?) is being offered by HDFC Bank on fixed deposits for how many days.
The bank is giving 7.75% interest on the FD
HDFC Bank customers will get the benefit of higher interest rates on fixed deposits. The bank is giving the benefit of a 7.75% interest rate on FD to the customers. The bank provides an FD facility with a tenure ranging from 7 days to 10 years.
You will get a higher interest rate on FD of this many 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 over the period of so many days
Customers will get the benefit of the highest interest rate on tenures ranging from 8 months to 20 months. General investors are getting the benefit of a 7.25 percent interest rate on FD. Whereas, senior citizens will be given the benefit of interest up to 7.75 percent.
At the same time, if someone makes an FD with a tenure 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. Whereas, 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 a 3.5 percent to 7.75 percent interest rate. FDs with tenure between 18 months to less than 21 months will get the benefit of a 7 to 7.25 percent interest rate.
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