Hdfc Fixed Deposit Rates 2020

Bank provides 2.5 percent for 7 to 14 days to general customers and an additional 0.5 percent to senior citizens on fixed deposits. HDFC Bank revised its interest rates on fixed deposits with effect from November 13, 2020. Fixed Deposit Interest Rate: Commercial banks, from the likes of state-run SBI - the country's largest lender by assets - to private sector lender HDFC Bank, its largest in terms of market value.

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India’s largest lender State Bank of India offers eight maturity options for retail fixed deposits, or fixed deposits up to Rs 2 crore. The maturity period starts at seven days and extends to as long as 10 years.

Hdfc Nre Fixed Deposit Rates 2020

SBI offers interest rates of 2.9 percent to 5.4 percent to its general depositors and 3.4 percent to 6.2 percent to its senior citizens’ customers on retail FDs.

SBI changes interest rates from time to time on the basis to align them with benchmark rates. These interest rates are effective from September 10.

Check out SBI fixed deposit rates:

Maturity PeriodGeneralSenior Citizen
7 days to 45 days2.9%3.4%
46 days to 179 days3.9%4,4%
180 days to 210 days4.4%4.9%
211 days to 365 days4.4%4.9%
1 year to 2 years4.9%5.4%
2 years to 3 years5.1%5.6%
3 years to 5 years5.3%5.8%
5 years to 10 years5.4%6.2%

India’s largest private sector lender HDFC Bank on fixed up Rs 2 crore, 12 maturity options are offered with varied interest rates by HDFC Bank. The maturity period starts from 7 days up to 10 years. Bank provides 2.5 percent for 7 to 14 days to general customers and an additional 0.5 percent to senior citizens on fixed deposits. HDFC Bank revised its interest rates on fixed deposits with effect from November 13, 2020.

Maturity PeriodGeneralSenior Citizens
7-14 days2.5%3%
15-29 days2.5%3%
30-45 days3%3.5%
46-60 days3%3.5%
61-90 days3%3.5%
91 days – 6 months3.5%4%
6 months – 9 months4.40%4.90%
1 year 1 day – 2 years4.90%5.40%
2 years 1 day – 3 years5.15%5.65%
3 years 1 day – 5 years5.30%5.80%
5 years 1 day – 10 years5.50%6.25%
Hdfc fixed deposit interest rates 2020

Mean-while, India on Tuesday recorded 31,118 new cases of the coronavirus disease (Covid-19), which pushed the nationwide tally to 9,462,809, according to a Union health ministry update at 8 am.

The number of active cases dropped further, to 4,35,603, while 88,89,585 patients were discharged from hospitals in the last 24 hours, health ministry data showed. The number of recovered patients has now reached.

Hdfc Fixed Deposit Plan

The country recorded 482 new fatalities due to the infection in the past 24 hours, the ministry said. With this, the death toll has reached 1,37,621.

India has conducted 140 million tests to detect Covid-19 in the past 11 months, of which 10 million tests were performed during the past 10 days alone, government data shows.

The first test to diagnose Covid-19 in the country was performed on January 23, and on Monday, India performed about 900,000 tests in a single day.

Hdfc Limited Fixed Deposit Rates

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Hdfc Fixed Deposit Online

India’s coronavirus tally had crossed the 9.4 million-lakh mark after 38,772 new infections were reported on Monday, as per the health ministry data.

Hdfc Fixed Deposit Interest 2020

On Sunday, the ministry had said that the national recovery rate stands at 93.71 percent. It also said that India continues to have one of the lowest deaths per million population globally (presently 99).