The last chance to invest in HDFC Bank’s high interest FD, closes on November 7.

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If you are looking for an opportunity to invest in FD at high interest, HDFC Bank is giving you the last chance. The bank is going to close its high interest paying Senior Citizen Care FD on November 7, 2023. This information is given on the bank’s website. We tell you, Senior Citizen Care FD was launched by the bank in May 2020 to give higher interest especially to senior citizens during Corona.

How much interest is available on Senior Citizen Care FD?

According to information on the bank’s website, senior investors in Senior Citizen Care FD are paid 0.25 per cent interest in addition to the 0.50 per cent normally paid by the bank. However, this interest is being paid on FDs of 5 years to 10 years.

Interest rate on Senior Citizen FD

Currently, the bank is offering 7.75 percent interest on Senior Citizen FD. Only Indian citizens can invest in this FD. NRI investors cannot invest in this FD.

You can withdraw before maturity.

In this FD, the facility of pre-maturity withdrawal is provided by the bank to the investors, but the condition is that you can withdraw the money only after the completion of the FD tenure of five years. Along with this you will also get 1.25% lower interest.

Interest on FD for Senior Citizens in HDFC Bank

  • 7 to 29 days – 3.50 percent
  • 30 to 45 days – 4.00 percent
  • 46 to 6 months -5.00 percent
  • 6 months a day to 9 months – 6.25%
  • 9 months to less than a year – 6.50 percent
  • One year to less than 15 months – 7.10 percent
  • 15 months to less than 18 months – 7.60 percent
  • 18 months to two years Less than 11 months – 7.50 percent
  • 2 years 11 months to more than 35 months – 7.65%
  • 2 years 11 months to less than 4 years 7 months – 7.50%
  • 4 years 7 months to 55 months – 7.70 percent
  • 5 years a day – up to 10 years – 7.75 percent

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