Hdfc Bank Fixed Deposit Rates 2022

HDFC Bank Fixed Deposit Rates 2022: Here’s a good news for bank customers holding fixed deposits in HDFC Bank, in particular, the bank has increased the interest rates on fixed deposits for some period. is of. It has been announced on the official website of the bank.

As per the bank’s update, interest rates on deposits below Rs 2 crore have been increased by 5-10 basis points and the revised rates have come into effect from February 14.

Besides this, the private lender has also increased the interest rate on fixed deposits of one year tenor by 10 basis points to 5% from 4.9% earlier. In addition, the interest rate on deposits with tenures between 1-2 years is also 5%. The bank said that the interest rate on fixed deposits with a tenor of two-three years is 5.20 percent.

According to HDFC Bank, rates on deposits up to a tenure of 3-5 years have been increased by 5 basis points to 5.45%. The FD rate on deposits with a tenure of 5-10 years is currently 5.60%.

A few weeks ago, Central Bank of India and UCO Bank also revised interest rates on fixed deposits.

In a surprise move, RBI’s Monetary Policy Committee last week kept rates and its stance unchanged to ensure a broad-based recovery. RBI said that the repo rate is currently 4% and the reverse repo rate is 3.35%.

The interest rate applicable on Fixed Deposit of HDFC Bank from February 14, 2022 is shown in the table list :-

period of time up to 2 crore 2 crore to 5 crore
Interest Rate (per annum) Interest Rates for Senior Citizen (per annum) Interest Rate (per annum) Interest Rates for Senior Citizen (per annum)
7 to 14 days 2.50% 3.00% 2.50% 3.00%
15 to 29 days 2.50% 3.00% 2.50% 3.00%
30 to 45 days 3.00% 3.50% 2.75% 3.25%
46 to 60 days 3.00% 3.50% 2.75% 3.25%
61 to 90 days 3.00% 3.50% 3.00% 3.50%
91 days to 6 months 3.50% 4.00% 3.35% 3.85%
6 months 1 day to 9 months 4.40% 4.90% 3.60% 4.10%
9 months 1 day to less than 1 year 4.40% 4.90% 3.70% 4.20%
1 year 5.00% 5.50% 4.05% 4.55%
1 year 1 day to 2 years 5.00% 5.50% 4.20% 4.70%
2 years 1 day to 3 years 5.20% 5.70% 4.50% 5.00%
3 years 1 day to 5 years 5.45% 5.95% 4.60% 5.10%
5 years 1 day to 10 years 5.60% 6.35% 4.60% 5.35%

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