SBI's interest rates have been in effect since September 10 while ICICI Bank's interest rates have been in effect since October 21.ġ85 days to less than 1-year rate is 4.40%ġ year to less than 18 months rate is 4. Recently both ICICI Bank and SBI had also revised interest rates on term deposits. Here are the latest interest rates offered by HDFC Bank on term deposits less than Rs 2 crore.: But on fixed deposits maturing between five years one day and 10 years, senior citizens will get 75 basis points higher interest. Senior citizens will get 50 basis points additional interest on the above mentioned rates. Previously, HDFC Bank had revised its FD interest rates on August 25, 2020. FDs maturing in 2 years to 3 years will fetch 5.15%, 3 years to 5 years will give 5.30% and deposits maturing between 5 years to 10 years will give 5.50% interest. The bank has kept the interest rates unchanged on long-term deposits maturing in two years to 10 years. These deposits will now fetch 4.9% interest. Starting a truck business in India can be a lucrative venture, given the country’s booming logistics and transport industries. On deposits maturing in one year and two years, HDFC Bank has cut the interest rates by 10 basis points.
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