HDFC Bank revises FD rates – Check the comparison with SBI, ICICI Bank & Others

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Updated: July 7, 2018 9:33:55 AM

The nation's largest private lender has revised the interest rates of its term deposits with effect from July 06, 2018. Check the latest interest rates of HDFC Bank's Domestic, NRO and NRE term deposits.

 HDFC Bank, hdfc bank fd interest rates, FD rates in SBI, FD rates in hdfc bank, fixed deposit rates hdfc bank , PNB, kotak bank, ICICI bankHere are the latest interest rates of HDFC Bank’s Domestic, NRO and NRE term deposits.

Good news for the customers of HDFC Bank, particularly those looking to invest in FDs (fixed deposits) for a short to medium term. The nation’s largest private lender has revised the interest rates of its term deposits for select terms with effect from July 06, 2018. This has been done after India’s leading banks, including the State Bank of India, revised their fixed deposit interest rates recently in the current rising interest rate regime.

For instance, the bank is now offering 5.75% interest rate on its term deposits for 30 to 45 days as against 5.50% earlier. For senior citizens, the rate has now been revised to 6.25% from 6% earlier. Similarly, for term deposits of 91 days to 6 months, the bank is now offering 6.25% interest rate as against 5.75% earlier. For senior citizens, the rate has now been revised to 6.75% from 6.25% earlier. However, interest rates for longer periods like one year, two years to three years, five years to eight years, etc, remain unchanged.

Here are the latest interest rates of HDFC Bank’s Domestic, NRO and NRE term deposits:

(Applicable from 06th July, 2018. Data taken from the website of HDFC Bank)

 

FD Rates of Other Banks:

Fixed Deposit Interest Rates (upto – Rs. 1 crore as on 25 Jun, 2018)
Bank Name6mths – < 1 Year1 – < 2 Year2 – < 3 Year3 – < 5 Year5 Years & above
Allahabad Bank6.50%6.60%6.50%6.50%6.50%
Andhra Bank6.25%6.60%6.5%- 6.6%6.50%6.50%
Axis Bank6.25%-6.5%7%- 7.1%7.00%7.00%7.00%
Bank of Baroda5.5%-6.35%6.6%-6.7%6.6%-6.7%6.6%-6.7%6.6%-6.7%
Bank of India6.25%6.60%6.65%6.40%6.35%
Bank of Maha6.00%6.50%6.5%-6.6%6%-6.6%6.00%
Canara Bank6.35%6.5%-7%6.20%6.20%6.00%
Central Bank6.50%6.60%6.50%6.50%6.50%
Corporation Bank6.0%-6.35%6.5%-6.8%6.50%6.50%6.50%
Dena Bank6.25%6.6%-6.65%6.70%6.25%6.30%
Federal Bank6.50%6.85%-7.3%7.00%7.00%7.00%
HDFC Bank6.25%-6.4%6.65% – 7%7.00%7.00%6%-7%
ICICI Bank6% – 6.50%6.6%- 6.75%7.00%7.00%7.00%
IDBI Bank6.25% – 6.5%6.7%-6.75%6.70%6.70%6%-6.75%
IDFC Bank6.75%-7%7%-7.25%7.2%-7.75%7.20%7.20%
Indian Bank6% – 6.25%6.5% – 6.6%6.50%6.00%6.00%
IndusInd Bank6.5% – 7%7.4% – 7.65%7.25%7.00%6.75%-7%
IOB5.75% – 6.25%6.60%6.75%6.80%6.80%
J & K Bank6.25%7.00%7.00%6.25%6.25%
Kotak Mahindra Bank6.7%- 7%7.1%-7.35%6.75%6.75%6.50%
Oriental Bank6.35%-6.5%6.75%6.75%6.70%6.75%
Punjab & Sind Bank6.25%-6.4%6.75%6.6%-6.75%6.55%6.55%
Punjab National Bank6.35%6.6%-6.75%6.75%6.25%-6.75%6.25%
State Bank of India6.35%-6.4%6.65%6.65%6.70%6.75%
Syndicate Bank6.25%6.7%-6.8%6.6%- 6.75%6.60%6.50%
UCO Bank6% – 6.35%6.60%6.60%6.60%6.60%
Union Bank (I)6.5%-6.75%6.5%-6.75%6.50%6.50%6.50%
United Bank (I)5.00% – 6.00%6%-6.1%6.00%6.00%6.00%
Vijaya Bank6% – 6.75%6.75%6.75%6.75%6.75%
Yes Bank6.70%7.10%7.10%7.10%7.10%

(Source: Bankbazaar.com)

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