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After increase in MLCR, HDFC Bank increases FD interest rates; know the latest rates marginal cost lending rate HDFC Bank has increased the benchmark marginal cost lending rate (MCLR). The lender has ...
Bank FD news: Important information has come out for those who have Fixed Deposit (FD) in SBI, HDFC, and PNB. After opening FD in these banks, if for any reason you have to break it before time ...
Like many other major banks in India, HDFC Bank also offers appealing interest rates on fixed deposits, guaranteeing returns irrespective of market fluctuations.
HDFC Bank has lowered its interest rates by up to 50 basis points on various maturities. Following the revision, the highest rate offered by the bank is 8.75% on deposits above one year.
Fixed deposit withdrawal rule: This bank FD scheme has no premature withdrawal penalty. Check details here Bank fixed deposit (FD) withdrawal rule: If you want to withdraw the amount, you will ...
Private sector lender, HDFC Bank has raised the interest rates on fixed deposits (FDs) by 10 basis points (bps) across multiple tenors, effective from December 1, 2021. As per the bank's website ...
India's leading private sector bank, HDFC has revised the rate of interest on Fixed Deposit (FD) amount below the amount of two crore rupees. These new changes in FD rates have come into effect ...
HDFC Bank Ltd has increased rates for fixed deposits (FDs) below Rs1 crore for most tenures above 1 year, in the range of 10-100 basis points (bps). One bps is one-hundredth of a percentage point.
There has been no change for FDs of tenures longer than 5 years. HDFC Bank is not the first lender to hike FD rates. In February, State Bank of India had increased rates on term deposits by 10-75 bps.
Leading bourse National Stock Exchange (NSE) has empanelled HDFC Bank for submitting Fixed Deposit Receipts (FDRs) issued as collateral to trading members in electronic form.
Banks fixed deposit schemes are likely to see a rise in interest rates due to a strong loan growth scenario. This is also despite the Reserve Bank of India (RBI) policy repo rate cut, which generally ...