Bank FD Interest Rate: These big banks again reduced interest on FD, gave a big shock to the customers

HDFC Bank: The country’s largest private sector bank HDFC Bank has shocked its crores of customers. HDFC Bank has reduced the interest rate on FD by 0.20 percent. The new rates of HDFC Bank have come into effect from 23 May 2025. This reduction will be applicable on FDs of less than Rs 3 crore

HDFC Bank: The country’s largest private sector bank HDFC Bank has shocked its crores of customers. HDFC Bank has reduced the interest rate on FD by 0.20 percent. The new rates of HDFC Bank have come into effect from 23 May 2025. This reduction will be applicable on FDs of less than Rs 3 crore.

Now this much interest will be available on FD

This time the bank has cut the maximum up to 20 basis points (bps). Earlier in April 2025 also, HDFC Bank had cut 50 bps. Now FD interest rates for general citizens are between 3% to 6.85%, while senior citizens will get interest from 3.5% to 7.35%. Earlier these rates were from 3% to 7.10% and 3.5% to 7.55% respectively.

On which interest rates have been reduced?

The interest rate on FDs of less than 1 year and up to 15 months has been reduced from 6.60% to 6.50%. The interest rate on FDs of less than 18 months and up to 21 months has been reduced from 7.05% to 6.85%.

HDFC Bank’s interest rates on FDs up to Rs 3 crore

7 days to 14 days: For general public – 3 percent; For senior citizens – 3.50 percent

15 days to 29 days: For general public – 3 percent; For senior citizens – 3.50 percent

30 days to 45 days: For general public – 3.50 percent; For senior citizens – 4 percent

46 days to 60 days: For general public – 4.50 percent; For senior citizens – 5.00 per cent

61 days to 89 days: For general public – 4.50 per cent; For senior citizens – 5 per cent

90 days to 6 months: For general public – 4.50 per cent; For senior citizens – 5 per cent

6 months 1 day to less than 9 months: For general public – 5.75 per cent; For senior citizens – 6.25 per cent

9 months 1 day to less than 1 year: For general public – 6.00 per cent; For senior citizens – 6.50 per cent

1 year to less than 15 months: General public – 6.50 per cent; Senior citizens – 7.00 per cent

15 months to less than 18 months: General public – 6.85 per cent; Senior citizens – 7.35 per cent

18 months 1 day to less than 21 months: General public – 6.85 per cent; Senior citizens – 7.35 per cent

21 months to 2 years: General public – 6.70 per cent; Senior citizens – 7.20 per cent

2 years 1 day to less than 2 years 11 months: General public – 6.70 per cent; Senior citizens – 7.20 per cent

2 years 11 months 1 day and up to 35 months – 6.70 per cent; For senior citizens – 7.20 percent

2 years 11 months 1 day and upto 3 years – 6.70 percent; For senior citizens – 7.20 percent

3 years 1 day to 4 years 7 months – 6.65 percent; For senior citizens – 7.15 percent

4 years 7 months to 55 months – 6.65 percent; For senior citizens – 7.15 percent

4 years 7 months 1 day to less than 5 years: For general public – 6.65 percent; For senior citizens – 7.15 percent

5 years to 10 years: For general public – 6.40 percent; For senior citizens – 6.90 percent

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