What is HDFC 7.75 interest rate? (2024)

What is HDFC 7.75 interest rate?

HDFC Bank provides interest rates ranging from 3.5% to 7.75% on fixed deposits for durations spanning from 7 days to 10 years. The highest interest rate of 7.75% is offered on deposits with a tenure of 18 months to less than 21 months.

Which bank gives 7.75 interest rate?

Top 20 Scheduled Banks offering Best FD Rates
BanksHighest FD rate (% p.a.)5-year FD rate (% p.a.)
Bandhan Bank7.855.85
Induslnd Bank7.757.25
YES Bank7.757.25
Union Bank of India7.256.50
16 more rows

What is the current interest rate HDFC?

HDFC FD Interest Rates 2024
Tenure (Days/Years)Interest Rates (% p.a.)
1 year – less than 15 months6.607.10
15 months – less than 18 months7.107.60
18 months – less than 21 months7.257.75
21 months – 2 years7.007.50
16 more rows

Which bank gives 9.5 interest on FD?

Unity Small Finance Bank FD rates for senior citizens

At Unity Small Finance Bank, senior citizens can get up to 9.50 per cent on FDs of 1,001 days. The bank revised rates on February 2, 2024. It provides 9.25 per cent to senior citizens for more than six months to 201-day FDs.

What is the interest of 1 lakh in HDFC Bank?

HDFC Bank FD Returns Based on Investment Amount
Investment AmountFor 3 years with interest of 7%For 5 years with interest of 7%
₹ 1 lakh₹ 1,23,293₹ 1,41,763
₹ 2 lakh₹ 2,46,585₹ 2,83,525
₹ 5 lakh₹ 6,16,463₹ 7,08,813
₹ 10 lakh₹ 12,32,926₹ 14,17,625
1 more row

Which bank gives 8% interest?

DCB Bank savings account interest rates

DCB Bank offers up to 8% interest on savings accounts with balances ranging from Rs 10 lakh to less than Rs 2 crore. The bank pays 7.75% interest on savings account balances ranging from Rs 10 crore to less than Rs 200 crore. The rates are effective from September 27, 2023.

Which bank has highest FD interest rates?

SBM Bank India is offering an interest of 9% for the tenure above 3 years 2 days to less than 5 years, 7.6% for 1st year tenure, 8.15% for 2nd year tenure and 7.55% for the third-year tenure.

What is the highest FD rate in HDFC Bank?

HDFC Bank is offering interest rates ranging from 3.00% to 7.20% for general customers and 3.50% to7. 75% for senior citizen customers. Fixed deposit (FD) interest rates for amounts below Rs. 2 crore for general and senior citizen customers range from 3.50% to 7.00% and 4.00% to 7.50, respectively.

What is the FD rate in HDFC Bank 2024?

HDFC Bank FD Rates 2024 (Below Rs.2 crore)
TenureGeneral Public FD RateSenior Citizens FD Rate
46 - 60 days4.50%5.00%
61 - 89 days4.50%5.00%
90 days < = 6 months4.50%5.00%
6 months 1 days <= 9 months5.75%6.25%
15 more rows

What is the interest rate for HDFC Bank FD in 2024?

HDFC Bank FD interest rates

The new FD rates are effective from February 9, 2024, as per the HDFC Bank website. The bank offers interest rates between 3.5% to 7.75% on tenures ranging from 7 days to 10 years. The bank has hiked on tenure of 18 months to less than 21 months from 7% to 7.25%.

Which bank gives 8.75 interest rate?

On the lower side, Ujjivan Small Finance Bank provides an interest of 8.75 per cent for 80 weeks and 12 months. ESAF Small Finance Bank offers a 8.75 per cent for 2 years to less than 3 years. AU Small Finance Bank is providing 8.50 per cent on an FD for an 18-month tenure.

Which bank is offering 9 interest?

Banks offering more than 7% Interest on FDs in 2024
FDs paying more than 7%
BankTenureSenior Citizen FD Rate (per annum)
ESAF Bank2 years to less than 3 years9.00%
Fincare Small Finance Bank1,000 days9.11%
Ujjivan Small Finance Bank12 months /560 days8.85%
26 more rows

Which bank gives 8.5 interest on FD?

The interest rate for Bajaj Finance Fixed Deposit ranges from 7.53% p.a. to 8.50% p.a.

What is the 7.5 interest rate of 1 lakh?

Monthly Interest Payout for an FD of ₹1 Lakh
Deposit AmountInterest Rate (p.a.)Monthly Interest Payout
₹1 Lakh6.50%₹542
₹1 Lakh7.00%₹583
₹1 Lakh7.50%₹625
₹1 Lakh8.00%₹667
5 more rows

Is HDFC Bank safe for fixed deposit?

HDFC Bank Fixed Deposits and the interest on them are a good source of income – in a safe and assured manner. Choose a tenure and amount of your choice to grow your income in a steady fashion.

What is the interest of 1 crore in HDFC?

Monthly Interest on ₹1 Crore FD
Bank/NBFC/HFCNon-Senior Citizen (p.a.)Monthly Interest Payout
HDFC Bank7.00%₹ 58,333
IDFC First Bank7.00%₹ 58,333
Axis Bank7.00%₹ 58,333
IndusInd Bank7.25%₹ 60,417
12 more rows

Which bank gives 12 percent interest?

No bank whether public or private will offer you interest at 12% now-a-days. At the maximum u can get 7.75% interest and that too if u r a sr. Citizen. Oh yes you can get such lucrative offer from some private finance companies but there you are sure to lose your money as they never return your hard earned money.

Which is the No 1 bank in India?

Headquartered in Mumbai, Housing Development Finance Corporation Ltd. HDFC is the largest private sector bank in India at present and also ranked as Number 1 Bank in India according to as per Forbes World's Best Bank survey.

How much interest does HDFC give on savings account?

3.00% p.a. to 3.50% p.a.

Which FD is best in HDFC Bank?

HDFC Bank FD Rates Mar 2024
TenureREGULAR RATES Current RatesSENIOR CITIZEN
15 months – less than 18 months7.10%7.60%
18 months – less than 21 months7.25%7.75%
21 months – 2 years7.00%7.50%
2 years 1 day – less than 2 years 11 months7.00%7.50%
15 more rows

Which Indian bank pays the highest interest rate?

Top Banks FD Interest Rates 2024
FD SchemeAll Bank FD Interest Rates 2024
HDFC Bank Tax Saving FD6.10% - 6.60%
IndusInd Bank Tax Saver Scheme6.75% - 7.50%
SBI Bank Tax Saving FD6.10% - 6.60%
RBL Bank Tax Saving FD6.55% - 7.05%
8 more rows

What is FD in HDFC Bank?

In a Fixed Deposit, you put a lump sum in your bank for a fixed tenure at an agreed rate of interest. At the end of the tenure, you receive the amount you have invested plus compound interest.

Is HDFC Bank increasing FD rates?

The Bank has hiked on tenure of 18 months to less than 21 months from 7% to 7.25%. HDFC Bank has increased fixed deposit interest rates on certain tenures by up to 25 basis points (bps) for deposits below Rs 2 crore. The new FD rates are effective from February 9, 2024, as per the HDFC Bank website.

How safe is HDFC Limited?

HDFC has instituted well-defined service standards for depositors. It has been able to mobilise deposits from over 10 lac depositors and has been awarded "AAA" rating for its deposits from both CRISIL and ICRA for over a 25 years representing highest safety as regards timely payment of principal and interest.

What is HDFC tax saver deposit?

What is a Tax-Saving FD? One of the ways in which you can save tax is by investing money in a tax-saving Fixed Deposit. So, what is a five-year tax-saving FD? Under section 80c of the Indian income tax act, you can invest up to Rs 1.5 lakh in specific financial products, and claim tax deduction on the amount invested.

References

You might also like
Popular posts
Latest Posts
Article information

Author: Nicola Considine CPA

Last Updated: 07/06/2024

Views: 6294

Rating: 4.9 / 5 (69 voted)

Reviews: 92% of readers found this page helpful

Author information

Name: Nicola Considine CPA

Birthday: 1993-02-26

Address: 3809 Clinton Inlet, East Aleisha, UT 46318-2392

Phone: +2681424145499

Job: Government Technician

Hobby: Calligraphy, Lego building, Worldbuilding, Shooting, Bird watching, Shopping, Cooking

Introduction: My name is Nicola Considine CPA, I am a determined, witty, powerful, brainy, open, smiling, proud person who loves writing and wants to share my knowledge and understanding with you.