The following FD interest rates are applicable on deposits below Rs. The minimum tenor for resident and NRO deposits of 2 crores is 1 year and 90 days for 5 crore & above. The Non Withdrawable Deposit is offered for amount 2 crore and above only. The deposit will be booked with maturity instruction as ‘Do Not Renew’. 2 crore are applicable with effect from June 6, 2019, according to the lender's portal.Įarlier in the day, the Reserve Bank of India's Monetary Policy Committee (MPC), led by Governor Shaktikanta Das, unanimously lowered key lending rate or repo rate by 25 basis points or 0.25 per cent to 5.75 per cent. The minimum tenor for NRE deposit is 1 Year. These interest rates on fixed deposits up to Rs. In the same range of maturities, the bank pays interest at the rate of 4-7.90 per cent to senior citizens on FDs up to Rs. The bank pays slightly higher returns to senior citizen customers. HDFC Bank offers interest rates to the tune of 3.50-7.40 per cent to the general public on fixed deposit (FD) up to Rs. Private sector lender HDFC Bank offers fixed deposit maturities ranging from seven days to 10 years.
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