HDFC Bank is going to reduce the interest rate on these special FDs from October 1, investors are getting huge benefits
HDFC Bank special edition FD Rates: HDFC Bank is cutting the interest rates of the special FD started in May. At present, interest of 7.20 percent and 7.25 percent is being given on 35-month and 55-month special FD of FDFC Bank. The interest on this special FD will be reduced from October 1st.
HDFC Bank is reducing the interest rate on Special Edition FD from October 1, 2023. This information was given in the email sent by the bank to the customers.
Special Edition FD has been launched by HDFC Bank on May 29, 2023. Under this, the bank is offering 7.20 percent interest on 35-month FD and 7.25 percent interest on 55-month FD to common investors.
Under this scheme, an additional interest of 0.50 percent is being given to senior citizens. For this reason, 7.7 percent interest is being given to senior investors on 35-month FD and 7.75 percent interest is being given to senior investors on 55-month FD.