HDFC Offering Upto 7.75% Interest On Fixed Deposits: Check Full List Of FD Return From HDFC Bank

Mohul Ghosh

Mohul Ghosh

Feb 10, 2024

HDFC Bank has revised fixed deposit interest rates upwards by up to 0.25% or 25 basis points for certain tenors below ₹2 crore effective February 9th. The private lender released limited period ‘Special Edition FD’ rates offering 7.20% for 35 months and 7.25% on 55 month terms, presenting attractive reinvestment avenues.

Earlier this week, HDFC Bank also raised $300 million via its first-ever sustainable finance bond issue overseas, with capital utilization aimed more at green transport, MSME and affordable housing credit.

Here is the Fixed Deposit Rates from HDFC Bank:

Tenor BucketInterest Rate (per annum)Senior Citizen Rates (per annum)
7 – 14 days

15 – 29 days3.00%
30 – 45 days3.50%4.00%
46 – 60 days4.50%5.00%
61 – 89 days4.50%5.00%
90 days < = 6 months4.50%5.00%
6 months 1 days < = 9 months5.75%6.25%
9 months 1 day to < 1 year6.0%6.50%
1 year to < 15 months6.60%7.10%
15 months to < 18 months7.10%7.60%
18 months to < 21 months7.25%7.75%
21 months – 2 years7.0%7.50%
2 Years 1 day to < 2 Year 11 Months7.00%7.50%
2 Years 11 Months – 35 Months7.15%7.65%
2 Years 11 Months 1 day < = 3 Year7.0%7.50%
3 Years 1 day to < 4 Years 7 Months7.0%7.50%
4 Year 7 Months – 55 months7.20%7.70%
4 Year 7 Months 1 day < = 5 Years7.0%7.50%
5 Years 1 day – 10 Years7.0%7.75%

(Senior Citizen rates do not apply to NRIs. The minimum tenor for NRE Deposit is 1 Year) Source: HDFC Bank)

Won Nod for 6 Bank Stakes Recently

In separate positive news, HDFC Bank secured RBI approval for picking minority stakes around 9.5% in leading private players like ICICI Bank, Axis Bank and smaller lenders too. The move diversifies its investment portfolio while respecting regulatory thresholds avoiding disproportionate sectoral influence through concentrated positions beyond a year.

As India’s banking sector maintains momentum, HDFC Bank’s tactical initiatives around attractive deposit pricing and strategic stakes target sustaining competitive edge to maintain sector leadership.

Mohul Ghosh
Mohul Ghosh
  • 601 Posts

Subscribe Now!

Get latest news and views related to startups, tech and business

You Might Also Like

Dec. 8, 2022

Beat The Burden Of Medical Inflation With A Health Insurance

As disease rates rise and medical technology develops, treatment costs climb. It’s essential to understand that medical costs are not exclusively associated with hospitals. The cost of prescription drugs, diagnostic procedures, ambulance and operating room fees, consultations with doctors, and other costs are also constantly increasing. All of them could put a big strain on […]

Dec. 8, 2022

3 Biggest Changes Of iOS 16.2 Update That Every iPhone User Should Know!

In its latest update Apple said that it is preparing for the iOS 16.2 update for iPhones across the world. Notably, like the previous release, there are a couple of changes coming for the iPhones.  iOS 16.2 Update Release Date So far, Apple has not announced a release date for iOS 16.2 update. Reportedly, the […]

Dec. 8, 2022

300 Microsoft Employees Create Employee Union, First Time Ever: This Is How Microsoft Reacted

Around 300 workers at Microsoft Corp.’s ZeniMax Studios have commenced the process of forming a union which is said to be the first at the software giant in the US.  Here, Microsoft Corp.’s ZeniMax Studios known for popular video games including Skyrim and Fallout. Forming Union In Microsoft Corp Moreover, the quality assurance employees at […]

Dec. 7, 2022

India Beats China In Air Travel Safety: Ranking Jumps From 102 To 48 In Global Aviation Safety

India’s air safety protocols and executions have improved drastically over the years, as validated by the findings of a specialized agency of the United Nations, the International Civil Aviation Organization or ICAO. The UN watchdog has upgraded India’s ranking in terms of aviation safety to the 48th position, jumping past the rankings of countries like […]

Recent Posts

Related Videos


Subscribe Now!

Get latest news and views related to startups, tech and business

who's online