Diabytes
HDFC Bank FD rates News
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The bank offers a range of interest rates based on the tenure of the FDs.
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For non-withdrawable fixed deposits, HDFC Bank is now offering a maximum return of 7.45 percent for tenures spanning one to two years, and 7.2 percent for durations ranging from two to ten years.
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Among the big banks, HDFC Bank is offering FD interest rates up to 7.75 percent, depending on the depositor's age and the length of the deposit.
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The increased prices apply to domestic nationals, NROs, and NREs, according to the HDFC Bank website.
The HDFC Bank is giving 4.70 percent interest on non-redeemable fixed deposits of Rs 5 crore to Rs 200 crore.
The lender, on the other hand, is offering 4.6 percent interest on the same amount for a two-year or less-than-three-year term.
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The increase in fixed deposit rates is likely to put pressure on lending rate as well.
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