Read on to know the latest HDFC FD rate of interest so you can plan your investment today! HDFC Bank interest rates for deposits less than ₹2 crores While non-senior investors enjoy attractive interest rates, senior citizens get an additional 0.50% interest over regular FD rates. HDFC is one of India’s leading private sector banks, offering a range of financial products, one of them being fixed deposits.Īt HDFC Bank, you can open an FD account with an amount as low as ₹5,000 up to a maximum amount ₹5 crores with flexible tenure options. Specifically, for fixed deposits maturing in one year, the interest rate stands at 6.75 percent for regular investors, while senior citizens receive a higher rate of 7.25 percent on a one-year plan.The fixed deposit interest rate of HDFC Bank varies depending on your deposit amount and tenure.

PNB FD Rates: As on November 16, 2023, PNB provides fixed deposit interest rates spanning from 3.50 percent to 7.50 percent. Punjab National Bank (Rates on deposit of less than Rs 2 Crores) Specifically, for fixed deposits maturing in one year, general customers are offered an interest rate of 6.70 percent. Concurrently, senior citizens enjoy an extra 0.5 percent interest, resulting in rates spanning from 3.50 percent to 7.65 percent across various tenures, ranging from 7 days to 10 years. ICICI Bank FD Rates: As of November 16, 2023, this bank presents interest rates for its FD schemes within the range of 3 percent to 7 percent. ICICI Bank (Rates on deposit of less than Rs 2 Crores) Additionally, for a tenure of two years to less than three years, the bank offers a rate of 7 percent. Specifically, for FDs maturing in one year, the bank provides an interest rate of 6.80 percent. SBI FD Rates: General customers investing in Fixed Deposits (FDs) with the State Bank of India can avail interest rates ranging from 3 percent to 6.10 percent, with senior citizens receiving an additional 50 basis points (bps). State Bank of India (Rates on deposit of less than Rs 2 Crores)

Therefore, in this article, we have four banks offering the FD with their interest rates However, before making any investment, it is necessary to compare the FD rates of various banks.

Senior citizens also get an extra 0.5 percent interest rate. Many banks offer interest rates between 3 and 7 percent, depending on how long you invest your money. It is considered a low-risk investment that lets you put your spare money aside for a set period and earn a fixed rate of interest on it at regular times during the chosen period or at the end. Fixed Deposit (FD), also known as a time deposit or term deposit, is a common way to invest money.

Hdfc bank deposit rates