Fixed Deposit Rate of Interest: Since the start of Corona Pandemic, banks have continuously reduced the rate of interest of their FDs. Due to this people are not getting better returns. But, there is good news for the customers of HDFC Bank. The bank has increased the rate of interest (FD interest rate) of Fixed Deposit Rate of Interest of HDFC Bank for certain period.
These new rates have also been implemented from 12 January 2022. According to the bank, on FDs of more than 2 crores whose maturity period is more than 2 years, its interest rate has been increased by 5-10 basis points. At the same time, FDs for more than 2 years to 3 years will get an interest rate of 5.2 percent. At the same time, an interest rate of 5.4 percent will be available for FDs of 3 years to 5 years. At the same time, 5.6 percent interest rate will be available on FDs ranging from 5 years to 10 years.
Bank gave this information through message
The bank has informed its customers about this through a message. It has been told in the message (Inform Customers Through Message) that interest has been increased on FDs of less than Rs 2 crore for 3 years 1 day to 5 years. All these increased rates will be applicable from 12 January 2022. Let us tell you that 2.50 percent rate of interest is available on FDs with maturity of 7-29 days in the bank. At the same time, 3% rate of interest is available for 30 to 90 days. At the same time, a rate of interest of 3.5 percent is available on FDs ranging from 91 to 6 months. At the same time, the rate of interest on FDs from 6 months to 1 year is 4.4 percent. At the same time, the rate of interest on the bank’s 1-year FD is 4.9 percent. Keep in mind that this rate of interest is for an amount less than Rs 2 crore.
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SBI’s rate of interest is so much
In the country’s largest public sector bank State Bank of India, the rate of interest on FDs of less than 2 crores ranges from 2.9 percent to 5.4 percent. Let us tell you that FD in the bank is done for 7 days to 10 years. On the other hand, if you talk about ICICI Bank, then here you will get 2.5 to 5.5 percent FD on FDs ranging from 7 days to 10 years at the rate of interest. On the other hand, Senior Citizens get some extra benefits in every bank.
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