HDFC Bank’s particular FD for senior residents to finish tomorrow

HDFC Bank particular FD for senior residents: After a number of extensions, HDFC Bank’s particular mounted deposit (FD) scheme for senior residents providing greater rates of interest will finish tomorrow, 7 July, in accordance with the HDFC Bank web site. HDFC Bank’s particular FD for senior residents. Senior Citizen Care FD, was launched in May 2020 amid the covid pandemic.

“An Additional Premium of 0.25% (over and above the prevailing premium of 0.50%) shall be given to Senior Citizens who want to e book the Fixed Deposit lower than 5 crores for a tenure of 5 (5) years One Day to 10 Years, throughout particular deposit supply commencing from 18th May’20 to July 7, 2023,” HDFC Bank said on its web site.

HDFC Bank’s particular FD for senior residents. Senior Citizen Care FDThis particular supply will probably be relevant to new Fixed Deposit booked in addition to for the Renewals, by Senior Citizens throughout the above interval.This supply shouldn’t be relevant to Non-Resident Indians.​In case of untimely closure of the Fixed Deposit booked within the above supply (together with a sweep in / partial closure) on or earlier than 5 years, the rate of interest will probably be 1.00% under that of the decrease of both a) the contracted charge or b) the bottom charge relevant for the interval the deposit has remained with the financial institution. ​​​​​​​In case of untimely closure of Fixed Deposit booked within the above supply (together with sweep in / partial closure) submit 5 years, the rate of interest will probably be 1.25% under that of the decrease of both a) the contracted charge or b) the bottom charge relevant for the interval the deposit has remained with the financial institution.HDFC Bank particular FD for senior residents’ newest rate of interest

HDFC Bank affords an rate of interest of seven.75% to aged folks on tenure between 5 Years and 1 day to 10 Years.

HDFC Bank’s newest FD charges

HDFC Bank has revised its deposit charges. After the current revision, the financial institution affords an rate of interest starting from 3% to 7.25 % to normal prospects on deposits maturing in 7 days to 10 years. Senior residents will earn an rate of interest of three.5% to 7.75% on these deposits. These charges are efficient from 29 May 2023.

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Updated: 06 Jul 2023, 12:16 PM IST

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