Hdfc fd rates

SCSS interest rateIn response to the rising interest rates, the government revised the interest rates of a select few small savings programs, notably the Senior Citizens Savings Scheme, for the quarter ending in June 2023. The SCSS interest rate, which was raised from 8.0% to 8.2%. The minimum investment threshold is set at Rs 1,000, and the maximum investment is Rs 30lakh. Note that the interest rate will remain the same for the duration of the investment once it is completed. It has a five-year term that can be extended by three years at maturity. The account holder can extend the account for another three years from the date of maturity by submitting the necessary documents to the relevant post office together with the passbook. Section 80C of the Income Tax Act of 1961 applies to investments made under this plan. "Interest is taxable if total interest in all SCSS accounts exceeds Rs.50,000/- in a financial year, and TDS at the prescribed rate shall be deducted from the total interest paid," according to the Post Office website. If form 15 G/15H is presented and the accrued interest does not exceed the prescribed amount, no TDS will be deducted." SBI senior citizen FD State Bank of India offers interest rate up to 7.50% on fixed deposit tenure 2 years to less than 3 years. On ”SBI We-care” deposit scheme, the tenure ranges from 5 years to 10 years, the interest rate offered is 7.50%. HDFC Bank senior citizen FD HDFC Bank offers interest rate up to 7.75% on fixed deposit...

New Delhi:In India, risk-averse people always consider parking savings in FDs. But which bank should be considered is a hard task to do as there are numerous options available in the country. Here we come with a comparison of top private lenders' FD rates. This comparison may be handy to park your hard-earned money at the place from where you can get maximum returns. The greatest FD interest rates for balances under Rs 2 crore on certain tenors are listed below from private banks like HDFC Bank, ICICI Bank, Yes Bank, and Axis Bank. Latest HDFC Bank FD Rates 2023 For terms ranging from seven days to ten years, HDFC Bank offers interest rates for regular residents between 3 percent and 7.25 percent. The duration of 4 years and 7 months carries the highest interest rate of 7.25 percent. These prices are valid starting on May 29, 2023. Latest ICICI Bank FD Rates 2023 For tenures ranging from 7 days to 10 years, ICICI Bank offers interest rates to regular citizens between 3 and 7.1 percent. The 15- to 18-month and 18- to 2-year terms are available at the maximum interest rate of 7.1 percent. These rates will be in effect starting on February 24, 2023. Latest Axis Bank FD Rates 2023 For regular people, Axis Bank offers interest rates ranging from 3.5 percent to 7.1 percent. The tenures with the highest interest rate, 7.1 percent, are 13 months through 14 months, 15 months through 16 months, 16 months through 17 months, and 17 months through 18 months. These prices are valid star...

The fixed deposit (FD) is one of the most popular investment products and one of the main reasons for this is that compared to many other investments the returns earned on FDs does not change due to market volatility. In an FD, you put a lump sum amount in your bank account for a fixed time period at a fixed rate of interest. At the end of the FD tenure, you receive the amount you have invested along with the compound interest after deducting TDS if applicable. Updated on Tue Jun 13 2023 Name of the bank General Citizen Senior Citizen 3.00% to 7.10% 3.50% to 7.60% 3.00% to 7.25% 3.50% to 7.75% 3.00% to 7.10% 3.50% to 7.60% 3.00% to 6.75% 3.50% to 7.25% 2.75% to 7.20% 3.25% to 7.70% 3.50% to 7.80% 4.00% to 8.30% 3.50% to 7.25% 4.00% to 7.75% 4.00% to 7.25% 4.00% to 7.75% 3.50% to 7.10% 3.50% to 7.85% 3.00% to 7.05% 3.50% to 7.55% 3.50% to 7.75% 4.00% to 8.25% Updated on Tue Jun 13 2023 Name Of The Bank Tenure General Citizen Senior Citizen 600 days (1 year, 7 months, 20 days) 8.00% 8.50% 36 months 8.00% 8.50% Above 3 years 2 days up to < 5 years 8.25% 8.75% 24 months to less than 36 months 7.50% 8.00% 18 months 1 day 3 years 7.75% 8.25% Above 2 Yrs 3 Yrs 7.75% 7.75% 2 years 9 months to 3 years 3 months 7.50% 8.00% 18 Month Less then 36 Months 7.75% 8.25% 732 days to less than 36 months 7.50% 8.00% 444 Days 7.50% 8.00% Updated on Tue Jun 13 2023 Name of the bank Tenure General Citizen Senior Citizen 5 Years New 9.10% 9.60% 1001 days 9.00% 9.50% 888 days 8.50% 9.00% 2 years t...

Disclaimer It has come to the notice of the Company that unauthorized individuals or organizations are falsely using the HDFC Sales Private Limited ("HSPL") Name/Logo in an attempt to provide fake employment offers and soliciting transfer of money for procedural/agency fees and fraudulently secure unlawful gain on behalf of HSPL and entities within HDFC Group of Companies. HSPL shall not be responsible for the content of any such information nor shall it be liable for any conclusion, loss or damage of any nature whatsoever suffered or may be suffered by any part or members of the public arising from or as a result of reliance on or usage of any information from portals, websites or e-mail domains which are not authorized by HSPL • HSPL officials do not communicate via generic email addresses such as Hotmail, Yahoo. All communications will always originate from a verifiable HSPL e-mail address (domains of @ • HSPL and HSPL authorized recruitment agents/ agencies do not ask for payments from applicants at any point in the recruitment process. • Individuals who are successful in gaining an offer of employment from HSPL, whether directly or indirectly are always required to go through a formal recruitment process. During our recruitment process, the candidate will, in general, meet in person with an HSPL employee or representative for an interview before any formal offer is made. • You may also write us at Continue Fixed Deposits HDFC Sales brings to you a variety of Fixed Dep...

HDFC Bank offers FD interest rates of 3.00-7.25% p.a. to the general public and 3.50-7.75% p.a. to senior citizens on tenures ranging from 7 days to 10 years. The interest rate on HDFC Bank Tax Saving FDs is 7.00% p.a. for the general public and 7.50% p.a. for senior citizen depositors for tenures of 5 years. The bank also offers various fixed deposit products for NRIs, such as NRO, NRE, RFC and FCNR fixed deposits. HDFC Bank accepts FCNR fixed deposits in US Dollars (USD), British Pound Sterling (GBP), Euro, Japanese Yen (JPY), Canadian Dollar (CAD), and Australian Dollar (AUD). The bank accepts RFC fixed deposits in USD, GBP, Euro and JPY. HDFC Bank Fixed Deposit Rates Highlights 2023 Highest slab rate 7.25% p.a. (4 year 7 months (Special Edition FD – 55 months)) For 1 year 6.60% p.a. For 2 years 7.00% p.a. For 3 years 7.00% p.a. For 4 years 7.00% p.a. For 5 years 7.00% p.a. Tax-Saving FD 7.00% p.a. The interest rates are updated as of 14 June 2023 HDFC Bank FD Rates HDFC Bank Fixed Deposit Rates on Domestic/NRO/NRE Deposits of less than Rs 2 crore w.e.f. 29 May 2023 Tenure (Days/Years) Interest Rates (% p.a.) Regular Citizens Senior Citizens 7 – 14 days 3.00 3.50 15 – 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 months 1 day – 9 months 5.75 6.25 9 months 1 day – less than 1 year 6.00 6.50 1 year – less than 15 months 6.60 7.10 15 months – less than 18 months 7.10 7.60 18 months – less than 21 month...

Senior citizen fixed deposit interest rates; FD rates: Some of the biggest commercial banks in India, including SBI, HDFC Bank, ICICI Bank, Axis Bank and Bank of Baroda, pay annual interest to the tune of 3.5-7.75 per cent on fixed deposits to their senior citizen customers, and 3-7.25 per cent to other depositors. On June 8, the RBI kept the repo rate — the interest rate at which the central bank lends money to commercial banks — on hold at 6.5 per cent, following a similar move in its April review after raising the key lending rate by 250 basis points in six instalments starting May 2022. Will the status quo on the benchmark interest rate impact the interest you get on fixed deposits? Given this potential shift in interest rates, it is imperative that senior citizens and other FD investors revise their investment strategy carefully. While fixed deposits continue to be a safe investment option, diversifying the portfolio to include other financial instruments may be a smart move, say financial planners. Senior citizen FD interest rates With the RBI's decision to halt aggressive hikes in the key lending rate, it is anticipated that banks may refrain from raising the FD rates further. In fact, any reduction in the repo rate in the coming months may even prompt commercial banks to trim the returns offered to term depositors. Here's a quick comparison of the FD interest rates offered to senior citizens and other depositors, according to the banks' websites: Bank General publi...

If you are looking to book a fixed deposit before the scheme ends, here is a comparison of 1-2 year FD interest rates of banks like HDFC Bank, ICICI Bank, YES Bank, Canara Bank, SBI and SBI AMRIT KALASH. SBISBI offers 6.80% interest rate on fixed deposits for tenure ranging from 1 year to 2 years. While, under Amrit Kalash FD rate offered is 7.10% for tenure of 400 days which is 13 months 4 days. ICICI BankICICI Bank offers 6.70% on tenure of 1 year to less than 15 months for general citizens. The bank offers the highest interest rate of 7.10% on tenure 15 months to less than 2 years. The rates are applicable from February 24, 2023. Canara Bank Canara Bank offers the highest interest rate of 7.25% on tenure of 444 days for general citizens. The rates are applicable from April 5, 2023. Yes Bank Yes Bank offers 7.50% interest rate on fixed deposits with tenure of 1 Year to less than 18 months. The rates are effective from May 2, 2023. Source: Bank website as on June 15, 2023 Note that these interest rates are applicable for amounts below Rs 2 crore. Also note that these rates are applicable only for general citizens, seniors receive returns that are 0.5% greater than those of other customers, and partial and early withdrawals are subject to penalties and vary with banks. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.

SBI 'Utsav' Deposit State Bank of India (SBI), the country's top lender, recently launched a special deposit scheme offering higher interest rates. This special FD deposits is available for a limited period offer. SBI special deposit scheme, which is known as 'Utsav' Deposit, will end on 28 October, the lender mentioned on its website. SBI 'Utsav' Deposit interest rates On Utsav Fixed Deposit Scheme, SBI is offering an interest rate of 6.10% per annum on fixed deposits with a tenure of 1000 days. Senior citizens will get an additional interest rate of 50 basis points (bps) over and above the regular rate. For them, these special deposits will fetch an interest rate of 6.5% SBI hikes FD rates The State Bank of India ( ₹2 crore. As per the official website of the bank, the new rates are with effect from 15 October. After the latest hike, SBI is offering an interest rate ranging from 3.00% to 5.85% for the general public and 3.50% and 6.65% for senior citizens on deposits maturing in 7 days to 10 years. HDFC Bank hikes FD rates ₹2 crore. As per the bank's official website, the new rates are effective from 11th October 2022. After the latest hike, HDFC Bank interest interest rates ranging from 3.00% to 6.00% on deposits maturing in 7 days to 10 years to general public.