HDFC Financial institution FD: HDFC Financial institution computes curiosity primarily based on the precise variety of days in a yr.
The nation’s largest non-public sector lender, HDFC Financial institution, provides most rate of interest of as much as 5.5 per cent on mounted deposit of as much as Rs 2 crore for tenure of as much as 10 years, the financial institution mentioned on its web site hdfcbank.com. HDFC Financial institution provides minimal rate of interest of as much as 2.5 per cent on mounted deposit tenor of seven days to 14 days. HDFC Financial institution mounted deposit accounts may be opened by its prospects on-line or visiting any department, HDFC Financial institution mentioned. At present HDFC Financial institution is providing a premium of 0.25 per cent to senior residents. “An Extra Premium of 0.25 per cent (over and above the prevailing premium of 0.50 per cent) shall be given to Senior Residents who want to e-book the Fastened Deposit lower than 5 crores for a tenure of 5 (5) years One Day to 10 Years, throughout particular deposit supply commencing from 18th Might’20 to thirtieth Jun’21,” HDFC Financial institution mentioned.
Listed here are the newest mounted deposit charges being supplied by HDFC Financial institution:
| Tenor Bucket | Curiosity Charge (every year) | Curiosity Charge For Senior Citizen Charges (every year) |
|---|---|---|
| 7 – 14 days | 2.50% | 3.00% |
| 15 – 29 days | 2.50% | 3.00% |
| 30 – 45 days | 3.00% | 3.50% |
| 46 – 60 days | 3.00% | 3.50% |
| 61 – 90 days | 3.00% | 3.50% |
| 91 days – 6 months | 3.50% | 4.00% |
| 6 months 1 days – 9 months | 4.40% | 4.90% |
| 1 yr 1 day – 2 years | 4.90% | 5.40% |
| 2 years 1 day – 3 years | 5.15% | 5.65% |
| 3 yr 1 day- 5 years | 5.30% | 5.80% |
| 5 years 1 day – 10 years | 5.50% | 6.25% |
Supply: HDFC Financial institution
HDFC Financial institution computes curiosity primarily based on the precise variety of days in a yr. In case, the Deposit is unfold over a leap and a non-leap yr, the curiosity is calculated primarily based on the variety of days i.e.,three hundred and sixty six days in a intercalary year & twelve months in a non-leap yr. The interval of mounted deposit is calculated in variety of days, the Mumbai-based lender mentioned on its web site.
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