HDFC FD interest rate hiked to 7.75%, check chance to earn over Rs 100000

In a big development, HDFC Bank has hiked its interest rate to 7.75% and thereby opened a massive opportunity for the public to earn tens of thousands of rupees without doing anything at all except going and booking a fixed deposit in their name. Notably, FDs are the best opportunity for members of the public to earn a good amount of money without risk.

In fact, before even stepping into stock markets, gold investments or other money-making schemes, an investor should turn to bank FDs simply because they are the safest way to make money. No risk involved. The other schemes carry big risks. Also, do note that a savings bank account, although the safest, is also the lowest interest giver and therefore, no one should keep their money there. Know all about the way this high Well, check out how this HDFC FD interest rate can be beneficial.

What do you need to do to make your money, earn over Rs 100000 for you? First of all, you have to be a senior citizen to earn 7.75% interest in this HDFC FD scheme. It is not meant for general citizens. This HDFC FD scheme is applicable for a tenure of 18 months to less than 21 months. 

If you invest Rs 8 lakh in this HDFC FD for 20 month period, you will earn as much as Rs 1,09,065 as interest on your investment. And you had to do practically nothing. You can even call it “money for nothing”.

HDFC FD interest rate table and amount on maturity:

Courtesy HDFC FD Calculator

(Disclaimer: However, do note that these are estimated numbers and the exact amount will be written on your HDFC FD receipt.)

 HDFC FD interest rate of 7.75% percent can easily earn you over Rs 1 lakh without having to do anything.  Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today