hdfc bank recurring deposit interest rates

For deposits maturing in 90 days to six months, HDFC Bank increased interest rates by 25 basis points, from 4.25% to 4.50%, and for deposits maturing in six months and one day to nine months, from 5% to 5.25%. On deposits maturing in 2 years, 1 day to 5 years, HDFC Bank will give a maximum interest rate of 6.25% to the general public, while the bank is also offering senior citizens a maximum interest rate of 6.95% on deposits maturing in 5 years, 1 day to 10 years.įollowing today's hike, the bank has increased interest rates on deposits maturing in 46 to 60 days by 50 bps, from 3.50% to 4.00%, and on deposits maturing in 61 to 89 days by 50 bps, from 4% to 4.50%. On certain tenors of fixed deposits with less than ₹2 Cr, the bank has increased interest rates by up to 50 bps as of today, October 26, 2022.

The card charges applicable for the period the deposit has actually remained with the bank as on the date of booking of the said deposit will apply if the deposit is prematurely withdrawn on or after 6 months.View Full Image HDFC Bank RD Rates () If you withdraw money after 30 days but before 6 months, the RD account interest rate on the amount will be the fixed deposit card rate applicable for 30-45 days (not applicable for NRE RDs). Premature withdrawal of RD is allowed and penalty, if any, is calculated on the rate applicable on the date of the deposit for the period for which the deposit has run or the contracted rate whichever is lower. IDFC FIRST Bank does not charge any interest on premature withdrawal within 30 days for domestic RDs, NRO (Non-Resident Ordinary) RDs and within 365 days for NRE (Non-Resident External) RDs, respectively. The premature withdrawal facility in RD allows you to withdraw your investments and use them to address any financial situation. You never know when you might need money.

We do not charge any penalty for missing your recurring deposite instalments. IDFC FIRST Bank understands that emergencies are part of life.

Hdfc bank recurring deposit interest rates