HDFC Update: HDFC Bank changed the interest rates of FD, now you will earn this much..

The country's largest private bank HDFC Bank has changed the interest rates of fixed deposits. HDFC Bank will pay 7.40 percent interest to the general public and 7.9 percent interest to senior citizens on deposits ranging from Rs 3 crore to Rs 5 crore based on tenure. The bank will earn 4.75 percent and 5.50 percent respectively on FDs of 7 to 29 days and 30 to 45 days. FDs of 46 to 60 days will earn investors 5.75 percent and 6 percent on FDs of 61 to 89 days. The bank offers several deposit options with tenures ranging from 7 days to 10 years.

Apart from this, HDFC Bank has changed the MCLR from January 7, 2025. The new rates range from 9.15 percent to 9.45 per cent per annum. MCLR has been reduced from 9.15 per cent to 9.20 per cent. The one-month MCLR remains at 9.20 per cent, while the three-month rate is still at 9.30 per cent. The MCLR for six months and one year period has increased from 9.50 per cent to 9.45 per cent. Meanwhile, the three-year and two-year MCLR is at 9.45 per cent.

How much return on FD in Axis Bank

Axis Bank is giving 7.30 per cent interest to the general public on FDs between Rs 3 crore to Rs 5 crore for a period of one year, 11 days to one year, 24 days FD. The bank is giving 7 per cent return on FDs of two years to 30 months. For senior citizens, the bank is giving 7.80 per cent interest on FDs of one year, 11 days to one year, 24 days and 7.50 per cent on FDs of two years to 30 months.

FD returns in State Bank of India

On deposit amount of Rs 3 crore and above, State Bank of India is giving up to 7 percent interest to regular customers and up to 7.50 percent to senior citizens on deposits of 1 year to less than 2 years and less than 2 years.

PNB is making so much money

PNB, the second largest government bank of the country, gives 7.25 percent interest to regular citizens and 7.55 percent interest to senior citizens on one-year deposits of Rs 3 crore to Rs 10 crore.

PC Social media