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Following the revision, HDFC Bank now offers FD interest rates ranging from 3 per cent to 7.10 per cent for general customers, and from 3.5 per cent to 7.55 per cent for senior citizens. Also Read:SBI ...
However, it is important to note that the interest income on fixed deposits is taxable. So, those investors who fall in the high tax bracket are recommended to invest only a small portio of their ...
“Ideally when you have a goal which is near and you need liquid money, you can think of fixed deposits. Also, individuals in a low tax slab or not in any tax slab may think of FDs,” says ...
Before opening a fixed deposit ... percent interest (highest across tenures) to general citizens and 7.8 percent to senior citizens. These rates came into force on April 17, 2025. HDFC Bank ...
HDFC Bank has announced a reduction in its fixed deposit (FD) interest rates by up to 50 basis points (bps), affecting various tenure categories. This adjustment lowers the interest rates for ...
Sweep-in deposits allow you to withdraw the amount that you need in an emergency, with the balance continuing to earn the FD interest rate. To manage emergencies, salaried employees should hold ...
Srinivasan Vaidyanathan, chief financial officer, HDFC Bank ... lower interest earned on savings accounts and the absence of interest on current accounts. With fixed deposits rates staying ...