Hdfc Fixed Deposit Interest Rates 2020

(Interest rates are effective from 13th November 2020) Note:.An Additional Premium of 0.25% (over and above the existing premium of 0.50%) shall be given to Senior Citizens who wish to book the Fixed Deposit less than 5 crores for a tenure of 5 (five) years One Day to 10 Years, during special deposit. Interest rates are subject to change and the rate applicable will be the rate prevalent on the effective date of deposit. Effective February 13, 2021 SPECIAL DEPOSITS (Fixed Rates) Deposits upto ₹2 crore (p.a.). HDFC Bank revised its interest rates on fixed deposits with effect from November 13, 2020. Maturity Period. Senior Citizens. As per the Terms & Conditions of Fixed Deposit Accounts of the bank,In case of premature closure of Fixed Deposit (including sweep in / partial closure) the interest rate will be 1.00% below the contracted rate or the rate applicable for the period the deposit.

  1. Hdfc Limited Fixed Deposit Rates
  2. Hdfc Fixed Deposit Interest Rates 2020 For Senior Citizens
  3. Fd Rates Hdfc Ltd
  4. Hdfc Fd Interest Rate
  5. Hdfc Nre Fixed Deposit Interest Rates 2020

India’s largest lender State Bank of India offers eight maturity options for retail fixed deposits, or fixed deposits up to Rs 2 crore. The maturity period starts at seven days and extends to as long as 10 years.

SBI offers interest rates of 2.9 percent to 5.4 percent to its general depositors and 3.4 percent to 6.2 percent to its senior citizens’ customers on retail FDs.

DepositDeposit

SBI changes interest rates from time to time on the basis to align them with benchmark rates. These interest rates are effective from September 10.

Check out SBI fixed deposit rates:

2020
Maturity PeriodGeneralSenior Citizen
7 days to 45 days2.9%3.4%
46 days to 179 days3.9%4,4%
180 days to 210 days4.4%4.9%
211 days to 365 days4.4%4.9%
1 year to 2 years4.9%5.4%
2 years to 3 years5.1%5.6%
3 years to 5 years5.3%5.8%
5 years to 10 years5.4%6.2%

India’s largest private sector lender HDFC Bank on fixed up Rs 2 crore, 12 maturity options are offered with varied interest rates by HDFC Bank. The maturity period starts from 7 days up to 10 years. Bank provides 2.5 percent for 7 to 14 days to general customers and an additional 0.5 percent to senior citizens on fixed deposits. HDFC Bank revised its interest rates on fixed deposits with effect from November 13, 2020.

Maturity PeriodGeneralSenior Citizens
7-14 days2.5%3%
15-29 days2.5%3%
30-45 days3%3.5%
46-60 days3%3.5%
61-90 days3%3.5%
91 days – 6 months3.5%4%
6 months – 9 months4.40%4.90%
1 year 1 day – 2 years4.90%5.40%
2 years 1 day – 3 years5.15%5.65%
3 years 1 day – 5 years5.30%5.80%
5 years 1 day – 10 years5.50%6.25%

Mean-while, India on Tuesday recorded 31,118 new cases of the coronavirus disease (Covid-19), which pushed the nationwide tally to 9,462,809, according to a Union health ministry update at 8 am.

Hdfc Limited Fixed Deposit Rates

The number of active cases dropped further, to 4,35,603, while 88,89,585 patients were discharged from hospitals in the last 24 hours, health ministry data showed. The number of recovered patients has now reached.

The country recorded 482 new fatalities due to the infection in the past 24 hours, the ministry said. With this, the death toll has reached 1,37,621.

India has conducted 140 million tests to detect Covid-19 in the past 11 months, of which 10 million tests were performed during the past 10 days alone, government data shows.

The first test to diagnose Covid-19 in the country was performed on January 23, and on Monday, India performed about 900,000 tests in a single day.

Hdfc Fixed Deposit Interest Rates 2020 For Senior Citizens

India’s coronavirus tally had crossed the 9.4 million-lakh mark after 38,772 new infections were reported on Monday, as per the health ministry data.

On Sunday, the ministry had said that the national recovery rate stands at 93.71 percent. It also said that India continues to have one of the lowest deaths per million population globally (presently 99).

HDFC Bank offers additional 0.50 per cent interest across tenors to senior citizens.

HDFC Bank offers additional 0.50 per cent interest across tenors to senior citizens. The maturity period for fixed deposits offered by the HDFC Bank starts from seven days and go on for 10 years. HDFC Bank revised its interest rates on fixed deposits with effect from November 13, 2020. HDFC Bank, the country’s largest private sector lender, currently offers 5.50 per cent interest on fixed deposit account below Rs 5 crore with tenure of 5 years 1 day – 10 years, according to HDFC Bank website https://www.hdfcbank.com. (Also Read: Kotak Mahindra Bank Offers These Interest Rates Annually On Fixed Deposits)

Below are the fixed deposit interest rates offered by HDFC Bank:

Tenor BucketInterest Rate (per annum)Interest Rate For Senior Citizen Rates (per annum)
7 – 14 days2.50%3.00%
15 – 29 days2.50%3.00%
30 – 45 days3.00%3.50%
46 – 60 days3.00%3.50%
61 – 90 days3.00%3.50%
91 days – 6 months3.50%4.00%
6 months 1 days – 9 months4.40%4.90%
1 year 1 day – 2 years4.90%5.40%
2 years 1 day – 3 years5.15%5.65%
3 year 1 day- 5 years5.30%5.80%
5 years 1 day – 10 years5.50%6.25%

Fd Rates Hdfc Ltd

Source: HDFC Bank

Hdfc Fd Interest Rate

Reserve Bank of India Governor-led Monetary Policy Committee (MPC) on Friday (February 4) decided to maintain key policy rates at existing levels, saying that the “need of the hour is to back growth.” The Reserve Bank kept the repo rate unchanged at 4 per cent and reverse repo rate untouched at 3.35 per cent.

Hdfc Nre Fixed Deposit Interest Rates 2020

“Going forward, the Indian economy is poised to move in only one direction and that is upwards. It is our strong conviction, backed by forecasts, that in 2021/22, we would undo the damage that COVID-19 has inflicted on the economy,” Reserve Bank of India Governor Shaktikanta Das said after announcing the rate decision.