HDFC bank has come up with new fixed deposit (FD) interest rates for deposits less than Rs 5 crore. FD is a popular saving option due to its stable but assured returns.

These interest rates are applicable from April 20, 2022.

Meanwhile, HDFC bank has said that it would never ask its customers to update their banking information over SMS/Email.

Earlier this month, the Reserve Bank of India (RBI) kept borrowing costs unchanged at a record low for the 11th time in a row in a bid to continue supporting economic growth despite inflation edging higher in the aftermath of Russia’s war in Ukraine. RBI’s six-member Monetary Policy Committee voted to hold the benchmark repurchase or the repo rate at 4 per cent, Governor Shaktikanta Das said.

Check the latest FD interest rates, according to data obtained from HDFC bank’s website.

Tenor Bucket>=2 Crore to
Interest Rate (per annum)**Senior Citizen Rates (per annum)Interest Rate (per annum)**Senior Citizen Rates (per annum)
7 – 14 days2.50%3.00%2.50%3.00%
15 – 29 days2.50%3.00%2.50%3.00%
30 – 45 days3.00%3.50%2.75%3.25%
46 – 60 days3.00%3.50%2.75%3.25%
61 – 90 days3.00%3.50%3.00%3.50%
91 days – 6 months3.50%4.00%3.35%3.85%
6 mnths 1 days – 9 mnths4.40%4.90%3.60%4.10%
9 mnths 1 day4.40%4.90%3.70%4.20%
1 Year5.10%5.60%4.25%4.75%
1 year 1 day – 2 years5.10%5.60%4.25%4.75%
2 years 1 day – 3 years5.20%5.70%4.60%5.10%
3 year 1 day- 5 years5.45%5.95%4.70%5.20%
5 years 1 day – 10 years5.60%6.35%*4.70%5.45%*


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