New Delhi: HDFC Bank offers a wide range of Fixed Deposit schemes with different interest rates. The country’s largest private sector bank also offers FD schemes for depositors who want to invest huge amounts like Rs 100 to 200 crores.
If you invest any amount between Rs 100-200 crore 7 – 14 days tenure, the interest will be 4.75 per cent, for 121 days <= 150 days, the rate of interest will be 6.95 per cent. The bank is offering 7,20 per cent on 6 months 1 day <=9months tenure and 7.40 per cent on 1 Year to < 15 months.
It may be noted that HDFC Bank in revised its fixed deposit rates for deposits less than Rs 3 crore in the month of July 2024. The new rates are effective from 24th July. The lender currently offers 7.35 per cent for 35 months’ tenure and 7.4 per cent for 55 months’ tenure. On deposit tenors of 7 days to 10 years, the rates range from 3 per cent to 7 per cent for the general public and 3.5 per cent to 7.5 per cent for senior citizens. As per the official website of HDFC Bank, interest rates on these deposits are effective from July 24, 2024.
HDFC Bank FD rates for Rs 100-200 crore
Tenure
Rate of interest
>= 100crore to < 200 crore
7 – 14 days
4.75%
15-29 days
4.75%
30-45 days
5.75%
46-60 days
5.75%
61-88 days
6.00%
89 days <= 120 Days
7.15%
121 days <= 150 days
6.95%
151 days <=6 Months
6.95%
6 months 1 day <=9months
7.20%
9 months 1 day to < 1 Year
7.25%
1 Year to < 15 months
7.40%
15 months to < 18 months
7.05%
18 months to < 21 months
7.25%
21 months to 2 years
7.05%
2 year 1 day to 3 years
7.00%
3 year 1 day to 5 years
7.00%
5 year 1 day to 10 years
7.00%
Fixed Deposit schemes have always been a popular investment option among the masses. People who don’t want to take risk in stock market and mutual funds, generally opt for FD plans for fixed and secured returns. HDFC bank allows an account holder to open a Fixed Deposit with amounts as low as Rs 5,000.
Fixed Deposits are preferred by a majority of investors as as it provides guaranteed returns. The plans help individuals to deposit funds in a Fixed Deposit, and grow their savings for a financially secure future. HDFC Bank offers added features such as sweep-in facilities and overdraft facilities.
FD interest rates: HDFC Bank is offering 7.40 per cent interest rate on 1 Year to < 15 months if a depositor invests any amount between Rs 100-200 crore. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today