Wednesday, March 31, 2021

HDFC Ltd increases rates on fixed deposits maturing between 33 and 99 months by 10-25 basis

From March 30, fixed deposits of 33-month duration will fetch 6.2% annualised returns. For 66-month deposits, the rate would be 6.6% and 6.65% for 99-month deposits. Senior citizens would get 25 basis points more. Distributors said this is the first time after October 2018 that HDFC Ltd has raised deposit rates.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/hdfc-ltdincreases-rates-on-fixed-deposits-maturing-between-33-and-99-months-by-10-25-basis/articleshow/81783898.cms

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