“46 days to 90 days' tenure to 5.25%, “91 days to 179 days' tenure to 6.00%, for “180 days to 210 days' tenure to 6.25%, for “211 days to less than 1 Year' tenure to 6.50% and for “1 Year' tenure to 7.25% p.a. For senior citizens, Federal Bank is now giving a maximum return of 8.15% for 500-day tenures and 7.80% for tenures beyond 21 months to less than three years.īank of India, one of the leading public sector banks in India, has increased rates of its fixed deposits for its customers & general public (for ₹2 crore and above to less than Rs.10 crore) with effect from 1st December, 2023.īank has increased its fixed deposit rates for shorter periods i.e. For deposits made by both residents and non-residents, the interest rate has been raised to 7.50% for 500 days.

Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more.View Full Image HDFC Bank revises FD rates on these deposits.įederal Bank has revised its deposit interest rates effective from December 5, 2023. to older adults 60 years of age or older. All deposit options are given with an additional 0.25% p.a.

Resident Indian citizens have access to a variety of deposit options with maturities ranging from 12 to 120 months, attractive interest rates, and multiple interest payment options at HDFC. Being an industry leader for more than 35 years and HDFC has gained the trust of more than 6 lac depositors. The company offers a variety of electronic payment options, including instant loans against deposits and the option to pay interest.

The 420 interconnected offices that HDFC has scattered around India serve its depositors, and 77 deposit centres give instant services. View Full Image HDFC Sapphire Deposit ()įor 28 straight years, CRISIL and ICRA, two of the top credit rating agencies, have given HDFC's deposits programme AAA ratings.

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