Good News For FD Depositors! HDFC Bank Hikes Interest Rates On Special Term Deposits

Are you feeling discomfort with the latest falling interest rates?You might be worrying on the returns fetching from the FD’s when compared to inflation! All your worries are managable to some extent now!

One of the India’s leading Private Bank “HDFC Bank” is offering attractive interest rates on “Special Term Deposits”(STD’s).

As per the latest announcement by HDFC Bank, “It’s customers are eligible to receive higher interest rates with immediate effect”.

For your convenience we are enclosing the old interest rates and the revised interest rates at a glance. Let’s have a look at it-

HDFC Bank Special Term Deposit(STD)Interest Rates(old)

FD TenureApplicable Interest Rates
33 Months6.2%
66 Months6.6%
99 Months6.65%

HDFC Bank Special Term Deposits Revised Interest Rates-

FD TenureInterest Rate Applicable(With Immediate Effect)
33 Months6.25%
66 Months6.7%
99 Months6.8%

Senior citizens would be given additional 0.25% interest rate on the above coupon rate.

The above interest rates are for deposits below 2 crore. So if you have surplus money and want to do fixed deposit it might be a good opportunity to grab the offer in these falling rates scenario. So hurry up! Make use of the deal.

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