After SBI, HDFC Bank also increased the interest rates of Fixed Deposit, now you will get more benefit on FD

HDFC Bank has increased the FD interest rates for these tenures, a week after the Reserve Bank of India (RBI) maintained status quo on key rates.

if you Fixed Deposit (Fixed Deposit, If you are going to do it, then there is good news for you. of private sector HDFC Bank (HDFC Bank) has Fixed Deposit (FD) has raised interest rates. According to the bank’s website, it has increased the interest rates by 5-10 basis points on FDs of less than Rs 2 crore. The new rates are effective from February 14, 2022. Let us tell you that the country’s largest public sector bank SBI The RBI has also increased the interest rates on fixed deposits of more than 2 years by 10-15 basis points. HDFC Bank has increased the FD interest rates for these tenures, a week after the Reserve Bank of India (RBI) maintained status quo on key rates. Many banks have increased the interest rates on FD.

New FD rates-

The bank has increased the interest rate of 1-year FD by 10 basis points from 4.9 per cent to 5 per cent and for 3 years to 5 years by 5 basis points from 5.40 per cent to 5.45 per cent. The new rates are effective from February 14, 2022.

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