Here are the interest rates for deposits maturing in other time periods:ġ year-15 months: 6. The bank has increased interest rates on the deposits which mature in 61 days to 90 days from 4.25 per cent to 4.50 per cent. The private lender has hiked the interest rates on the deposits attaining maturity in 46 days to 60 days by 25 basis points i.e 3.75 per cent to four per cent.

The deposits maturing in seven to 29 days will have an interest rate of three per cent while those maturing in 30 to 45 days have an interest rate of 3.50 per cent. The general public are offered an interest rate of seven per cent while the senior citizens will get an interest rate of 7.50 per cent, the private lender announced on its website. Applicable interest rates will be given as on the date of receipt of the funds by the Bank. Since the cap on NRE rates has been enforced by the Reserve Bank of India, no request for offering differential rates would be entertained. All major banks, including HDFC Bank, SBI, and ICICI Bank, have joined the trend by raising both their fixed deposit interest rates and the rates on their loans over the course of the past year. The deposit rates for NRE deposits will change from the first of every month. With effect from today, the interest rates on deposits from 46 days to ten years have been hiked by up to 60 basis points. Surprisingly, current FD rates have soared as high as 7.75, surpassing the 15-month high inflation rate of 7.44. As per terms & conditions of the fixed deposits accounts of the bank in case of premature closure of Fixed Deposit (including s weep in / partial closure) the interest rate will be 1.00 below the contracted rate or the ba se rate applicable for the period the. ICICI Bank on Friday announced it has increased interest rates on fixed deposits less than ₹2 crore. rore and above deposits, the base rate is the rate applicable for 5 cr deposits.

Fixed deposit rate for hdfc bank