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.
HDFC Bank is offering FDs ranging from 7 days to 10 years. 3 percent interest is being given on FDs of 7 days to 29 days, 3.50 percent interest is being given on FDs of 30 days to 45 days, and 4.50 percent interest is being given on FDs of 46 days to less than 6 months.
5.75 percent interest is being given on FDs of 6 months to less than 9 months, and 6 percent interest is being given on FDs of 9 months to less than one year. 6.60 percent interest is being given on FDs of one year to less than 15 months. 7.10 percent interest is being given on FDs of 15 months to less than 18 months. 7.00 percent interest is being given on FDs ranging from 18 months to 10 years.
