HDFC gave a big blow to crores of customers, now they will get this much interest..
HDFC Bank, the country’s largest private sector bank, has once again reduced the interest rates on FDs, giving a shock to its crores of customers.
The new rates have come into effect from April 19, 2023. This change comes after the earlier rate cut on April 1, 2023.
Now the interest rates on some FDs have been reduced by up to 0.50 percent. This decision has been taken by the bank after the Reserve Bank of India (RBI) reduced the repo rate.
HDFC Bank’s interest rates on FDs up to Rs 3 crore-
7 days to 14 days: For the general public – 3 percent; For senior citizens – 3.50 percent
15 days to 29 days: For the general public – 3 percent; For senior citizens – 3.50 percent
30 days to 45 days: For the general public – 3.50 percent; For senior citizens – 4 per cent
46 days to 60 days: For general public – 4.50 per cent; For senior citizens – 5.00 percent
61 days to 89 days: For general public – 4.50 percent; For senior citizens – 5 per cent
90 days to less than 6 months: For general public – 4.50 per cent; For senior citizens – 5 per cent
6 months 1 day to less than 9 months: For general public – 5.75 per cent; For senior citizens – 6.25 per cent
9 months 1 day to less than 1 year: For general public – 6.00 per cent; For senior citizens – 6.50 per cent
1 year to less than 15 months: For general public – 6.60 per cent; For senior citizens – 7.10 per cent
15 months to less than 18 months: For general public – 7.05 per cent; For senior citizens – 7.55 per cent
18 months 1 day to less than 21 months: For general public – 7.05 per cent; For senior citizens – 7.55 per cent
21 months to 2 years: For general public – 6.70 per cent; For senior citizens – 7.20 per cent
Between 2 years 1 day and less than 2 years 11 months: For general public – 6.90 per cent; For senior citizens – 7.40 per cent
2 years 11 months 1 day and up to 35 months – 6.90 per cent; For senior citizens – 7.40 per cent
2 years 11 months 1 day and up to 3 years – 6.75 per cent; For senior citizens – 7.25 per cent
3 years 1 day to 4 years 7 months – 6.75 per cent; For senior citizens – 7.25 percent
4 years 7 months to 55 months – 6.75 percent; For senior citizens – 7.25 percent
4 years 7 months 1 day to less than 5 years: For general public – 6.75 percent; For senior citizens – 7.25 percent
5 years to 10 years: For general public – 6.50 percent; For senior citizens – 7.00 percent
