The leading Indian financial services provider HDFC Limited is a Non-Banking Financial Company (NBFC). Two of the top credit rating agencies (CRISIL and ICRA), which have been in existence for 27 years, have given AAA rating to HDFC’s deposit scheme. The highest credit grade reflects credit quality and deposit safety, along with offering excellent and guaranteed returns on deposits. The company has revised its interest rates on fixed deposits of less than 27th June today. 2 crore and now offers a maximum interest rate of 7.05% on regular or basic fixed deposits and up to 6.95% on its Green Deposit product.
hdfc green fixed deposit
Green and Sustainable Deposits, a product of HDFC that promotes the Sustainable Development Goals (SDGs) of the United Nations, was announced recently. This deposit product strengthens the company’s cooperation in initiatives that actively support the United Nations SDGs, and how investors can have a beneficial environmental impact by making deposits under the HDFC Green Deposit Program. Under Green Deposit, investors can make three types of deposits namely special, premium and regular deposits. on special deposit of less than 2 crore, HDFC now offers a maximum interest rate of 6.95% and premium on deposits of below 2 crores, the company now offers a maximum interest rate benefit of 6.75%. Whereas on regular deposits the company gives the benefit of maximum interest rate of 6.80%.
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HDFC Limited Original Fixed Deposit
The Company accepts three similar types of deposits for this deposit product. Under the rate of interest on fixed deposits 2 crore has been revised today by HDFC. The Company accepts three comparable types of deposits for this deposit product. Under the rate of interest on fixed deposits 2 crore has been revised today by HDFC. Investors investing in special fixed deposits will get interest rates ranging from 6.65 to 6.85 percent under the monthly income scheme, 6.70 to 6.90 percent under the quarterly option, 6.75 to 6.95 percent under the half yearly option, 6.85 to 7.05 percent. Percentage under annual income plan, and cumulative plan with a maturity period of 33 to 99 months.
Investor Joe. pay a premium of less than 2 crore will get interest rates from 6.00 to 6.65 percent under monthly plan, 6.05 to 6.70 percent under quarterly plan, 6.10 to 6.75 percent under half-yearly option, 6.30 to 6.85 percent. Annual income plan, and 6.20 to 6.85 percent under cumulative plan, maturity period between 15 to 44 months. Investors will get an interest rate of 5.80 to 6.70 percent on regular deposits of less than Rs. 2 crore under monthly option, 5.85 to 6.75 percent under quarterly plan, 5.90 to 6.80 percent under half yearly plan, 6.50 to 6.90 percent under annual income plan and 6.00 to 6.90 percent under cumulative plan with maturity period of 12 to 120 months with.
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For the benefit of senior citizens, HDFC Ltd. has mentioned on its website that “Senior citizens (60 years+) will be eligible for an additional 0.25% p.a. on deposits up to Rs. 2 crores (other than recurring deposits). An additional ROI of 0.05% p.a. will be applicable on individual deposits placed/renewed through our online deposit system and auto-renewing deposits.”