hdfc bank fixed deposit interest rates 2019

Interest Rate for Senior Citizens (% p.a.)*ĩ months 1 day to open an FD account with a deposit equivalent to the amount mentioned in the code with a default tenure of 12 months. Interest Rate for Regular Customers (% p.a.)* The table below contains the interest rates offered on deposits below Rs.2 crore effective from 24 January 2023. Also, find other related information regarding HDFC Bank FD schemes here. We have compiled the current interest rates offered by the bank on different tenures and the various FD schemes available and their necessary information. The following FD interest rates are applicable on deposits below Rs 1 crore, according to the bank's website - axisbank.HDFC Bank offers several FD schemes to suit the needs of customers.

Given below are the latest fixed deposit interest rates offered by Axis Bank, SBI, HDFC Bank and ICICI Bank: ICICI Bank last revised its FD interest rates with effect from November 15, HDFC Bank from November 6.

Private sector peers HDFC Bank, ICICI Bank and Axis Bank pay 7.50 per cent, 7.95 per cent and 7.5 per cent respectively, on the same amount and maturity. On deposits of Rs 1 crore for one year, SBI pays an FD interest rate of 6.70 per cent. Private sector lender Axis Bank revised its fixed deposit (FD) rates with effect from December 1, 2018. The latest rates are applicable across various tenors for domestic term deposits or fixed deposits (FDs). Country's largest lender State Bank of India (SBI) revised its fixed deposit or FD interest rates on select maturities with effect from November 28. Fixed deposit accounts which do not offer a premature withdrawal facility offer this benefit but have a lock-in period. Some fixed deposits also offer the benefit of income tax deduction.īank fixed deposits which come with a premature withdrawal facility do not offer income tax deduction benefits.

Bank fixed deposits are meant for investors whose risk-appetite is low and hence are looking for fixed returns. Thus, unlike stocks and bonds, bank fixed deposits guarantee a stable return on investments even in times of market volatilities. The annual returns on bank fixed deposits do not change according to geopolitical and macroeconomic uncertainties. Bank fixed deposits (FDs) are fixed-income instruments which assure of specific interest rates for a pre-determined period.

Hdfc bank fixed deposit interest rates 2019