Source: Post Office website (as of 02 September 2022)Īlso Read: How long does it take to get Rs 1 crore with PPF at 7.1%? HDFC Bank Fixed Deposit Interest Rate 2022 For tenors up to 1 to 3 years, Post office is providing 5.5% interest. On booking a term deposit of 5 years at a post office, you can get up to 6.7% interest. This scheme is available only for term deposits of 5 years and above only.Īlso Check: ICICI Bank and Yes Bank Fixed Deposit Rates Post Office Fixed Deposit Interest RateĬompared to HDFC Bank and SBI FDs, Post Office is providing a higher interest rate. For senior citizens, the bank also offers a special “SBI Wecare’ FD plan which provides an additional premium of 30 bps (over and above the existing 50 bps). The scheme will be available for 75 days from 15th August.

SBI is also offering a specific tenor FD of “1000 days” at 6.10 % with effect from 15th August 2022. In case of premature closure of FD post 5 years, the interest rate will be 1.25 per cent less (penalty as applicable) than the rate on the date of deposit booked, to the period for which the deposit remained with the bank and not at the contracted rate.How to manage the corpus effectively after your PPF account maturesįor domestic term deposits below Rs 2 crore, the public sector bank is currently offering the following interest rates: Tenors In case of premature closure of FD on or before 5 years, the interest rate will be 1.00 per cent less (penalty as applicable) than the rate on the date of deposit booked, to the period for which the deposit remained with the bank and not at the contracted rate.

The interest rate for premature withdrawal is adjusted by 1 per cent lower as applicable based on the date of deposit booking and the period it remained with the bank, effective from July 22, 2023. The offer duration is from May 18, 2020, until November 7, 2023.Ĭonvenient booking options are available through mobile, NetBanking, or by visiting the nearest HDFC Bank branch.Īn additional premium of 0.25 per cent (over and above the existing 0.50 per cent) is offered during the special deposit offer period. The interest rate applicable for both new FDs and renewals for Senior Citizens with deposits below Rs 5 crore. Suitable for those looking to book a Fixed Deposit of less than Rs 5 crore.Ĭovers deposit tenures ranging from 5 years one day to 10 years. The Senior Citizen Care FD holders get an extra 0.75 per cent interest rateĮligible for resident senior citizens aged 60 years and above (not applicable to NRIs). Key Details of the Senior Citizen Care FD:

Fixed deposit hdfc