Hdfc bank interest rates

HDFC Bank has hiked MCLR by up to 5 basis points (bps). According to the bank website, the overnight MCLR is now 8.65%. The MCLR for one month is 8.65% and the three-month and six-month MCLRs will be 8.70% and 8.80%. The one-year MCLR, which is connected to many consumer loans, will now be 8.95%, the two-year MCLR will be 9.05%, and the three-year MCLR will be 9.15%. Source: Bank website Also read: Note that the bank also applies a margin in addition to the real interest rate. Your EMI may increase, as indicated by the table, as a result of an increase in MCLR. The margin that the bank charges is based on a number of variables, including CIBIL score, type of employment, etc. Your real EMI outlay increase will be determined by the bank's margin charge plus the MCLR. The term "EMI" stands for "Equated Monthly Installment," which is the sum you must pay to us on a particular date each month until the loan is fully repaid. According to the HDFC Bank website, “The EMI comprises of the principal and interest components which are structured in a way that in the initial years of your loan, the interest component is much larger than the principal component, while towards the latter half of the loan, the principal component is much larger” What does encumbrance refer to? Encumbrances on property are claims or charges placed on the property as a result of liabilities such as unpaid loans and bills. It is vital that you investigate properties that are free of all encumbrances during y...

Tenure General Public FD Rate Senior Citizens FD Rate 7 - 29 days 3.00% 3.50% 30 - 45 days 3.50% 4.00% 46 - 60 days 4.50% 5.00% 61 - 89 days 4.50% 5.00% 90 days <= 6 months 4.50% 5.00% 6 mnths 1 days <= 9 mnths 5.75% 6.25% 9 mnths 1 day to < 1 year 6.00% 6.50% 1 year to < 15 months 6.50% 7.00% 15 months to < 18 months 7.00% 7.50% 18 months to < 21 months 7.00% 7.50% 21 months - 2 years 7.00% 7.50% 2 years 1 day - 3 years 7.00% 7.50% 3 year 1 day to - 5 years 7.00% 7.50% 5 year 1 day - 10 years 7.00% 7.75% Note: All interest rates shown above are annual (p.a.) as on 14th Dec 2022 Name Interest rate (p.a.) Tenure Min. deposit Bajaj Finance Ltd. 7.11% - 8.60% 1 - 5yrs ₹15,000 SBI Bank 2.90% - 5.40% 1 - 10yrs ₹1,000 ICICI Bank 2.50% - 5.60% 1 - 10yrs ₹10,000 Axis Bank 2.50% - 5.75% 1 - 10yrs ₹5,000 HDFC Bank 2.50% - 5.50% 1 - 10yrs ₹5,000 View details Bank of Baroda 2.80% - 5.25% 1 - 10yrs ₹1,000 IDFC Bank 3.00% - 4.65% 1 - 10yrs ₹10,000 Kotak Mahindra Bank 2.50% - 5.30% 1 - 10yrs ₹5,000 Canara Bank 2.90% - 5.35% 1 - 10yrs ₹1,000 Yes Bank 3.25% - 6.25% 1 - 10yrs ₹10,000 IndusInd Bank 2.50% - 6.00% 1yr - 5yrs 1m ₹10,000 Punjab National Bank 2.90% - 5.25% 1 - 10yrs ₹1,000 IDBI Bank 2.70% - 5.40% 1 - 20yrs ₹10,000 Union Bank 3.00% - 5.50% 1 - 10yrs ₹1,000 Citibank 1.85% - 3.50% 1 - 5yrs ₹1,000 RBL Bank 3.25% - 6.30% 1 - 10yrs ₹1,000 Indian Bank 2.80% - 5.25% 1 - 10yrs ₹1,000 About HDFC Bank HDFC Bank is the largest private bank in India. It was among the first to receive an appro...