Hdfc bank: HDFC Bank, the country’s largest private sector back, has shocked its crores of customers. HDFC Bank has reduced the interest rate on FD to 0.20 per cent. HDFC Bank’s new rates have come into force from 23 May 2025. This deduction will be applicable to FDs of less than Rs 3 crore.
Now you will get so much interest on FD
The bank has cut a maximum of 20 basis points (BPS) this time. Earlier in April 2025, HDFC Bank also cut a 50 BPS. Now FD interest rates for ordinary citizens are between 3% to 6.85%, while senior citizens will get interest from 3.5% to 7.35%. Earlier these rates were from 3% to 7.10% and 3.5% to 7.55% respectively.
Who was cut on?
The interest rate on FD up to 15 months less than 1 year has been reduced from 6.60% to 6.50%. The interest rate on FD of 21 months less than 18 months has been reduced from 7.05% to 6.85%.
HDFC Bank’s interest rates on FD up to Rs 3 crore
7 days to 14 days: for general public – 3 percent; For Senior Citizen – 3.50 percent
15 days to 29 days: for general public – 3 percent; For Senior Citizen – 3.50 percent
30 days to 45 days: for general public – 3.50 percent; For Senior Citizen – 4 percent
46 days to 60 days: for general public – 4.50 percent; For Senior Citizen – 5.00 percent
61 days to 89 days: for general public – 4.50 percent; For Senior Citizen – 5 percent
Equal from 90 days to 6 months: for the general public – 4.50 percent; For Senior Citizen – 5 percent
6 months 1 day to 9 months: For the general public – 5.75 percent; For Senior Citizen – 6.25 percent
9 months 1 day to 1 year: for general public – 6.00 percent; For Senior Citizen – 6.50 percent
Less than 1 year to 15 months: for general public – 6.50 percent; For Senior Citizen – 7.00 percent
15 months to 18 months less: for the general public – 6.85 percent; For Senior Citizen – 7.35 percent
18 months 1 day to 21 months: for the general public – 6.85 percent; For Senior Citizen – 7.35 percent
21 months to 2 years: for general public – 6.70 percent; For Senior Citizen – 7.20 percent
2 years 1 day and 2 years less than 11 months: for general public – 6.70 percent; For Senior Citizen – 7.20 percent
2 years 11 months 1 day and up to 35 months – 6.70 percent; For Senior Citizen – 7.20 percent
2 years 11 months 1 day and 3 years – 6.70 percent; For Senior Citizen – 7.20 percent
3 years 1 day to 4 years 7 months – 6.65 percent; For Senior Citizen – 7.15 percent
4 years 7 months to 55 months – 6.65 percent; For Senior Citizen – 7.15 percent
4 years 7 months less to 5 years less than 1 day: for general public – 6.65 percent; For Senior Citizen – 7.15 percent
5 years to 10 years: for general public – 6.40 percent; For Senior Citizen – 6.90 percent
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