interest rates on fixed deposits down 2 crore has been revised by HDFC Ltd., a well-known housing finance company in India. According to the company’s official website, the higher interest rates are effective from August 19, 2022. The company offers several fixed deposit options including special deposit, premium deposit, regular deposit, recurring deposit and green deposit. Investors can avail new interest rates on all these deposit schemes, which are as follows.
hdfc special deposit
Company special fixed deposits maturing in 33 months to 99 months with interest rates ranging from 6.70% to 6.85% under monthly income scheme, 6.75% to 6.90% under quarterly option, 6.80% to 6.95% under half-yearly option provides. 6.90% to 7.05% under Annual option, and 6.90% to 7.05% under Cumulative option.
see full image
HDFC Premium Deposit
HDFC Ltd will now offer interest rates from 6.15% to 6.70% under Monthly Income Scheme, 6.20% to 6.75% under Quarterly Option, 6.25% to 6.80% under Half-Yearly Option, 6.45% to 6.90% under Annual Income scheme, and cumulative from 6.35% to 6.90% under the scheme on premium fixed deposits of less than Rs. 2 crore matures in 15 months to 44 months.
see full image
HDFC Regular Deposit
On regular fixed deposit of less than 2 crores maturing in 12 months to 120 months, HDFC Ltd will now offer an interest rate of 5.95% – 6.70% under Monthly Income Scheme, 6.0% – 6.75%, 6.05% – 6.80% under Quarterly option. Annual option, 6.55% – 6.90% under annual income scheme and 6.15% – 6.90% under cumulative option.
see full image
HDFC Recurring Deposit
Only non-senior citizens are eligible for the Recurring Deposit Scheme, which is a fixed rate installment deposit scheme offered by the company. HDFC Ltd offers interest rates ranging from 5.80% to 6.35% on Recurring Deposits maturing in 12 months to 60 months.
see full image
Senior citizens (60 years and above) who have fixed deposits excluding recurring deposits with HDFC Ltd are entitled to an additional deposit amount of up to 0.25% per annum. 2 crores. Additionally, personal deposits made online or using auto-renewing deposits will be eligible for an additional ROI of 0.05% per annum. The company mentioned on its website, “HDFC has achieved AAA rating for its deposit program from two leading credit rating agencies (CRISIL and ICRA) for 28 consecutive years, thus creating immense trust and confidence amongst the investors and key partners. is born.”
catch all business News, market news, today’s fresh news events and breaking news Updates on Live Mint. download mint news app To get daily market updates.