New Delhi, Nov 2026 HDFC Bank, India’s largest private sector lender, has increased interest rates on select fixed deposits (FDs) of less than Rs 3 crore by up to 50 basis points (bps). The revised rates, effective November 4, offer general customers returns of up to 6.60 per cent, while senior citizens can earn a maximum interest rate of 7.20 per cent, depending on the deposit tenure.
The bank has revised rates across several short-, medium- and long-term deposit categories, with the highest increase of 50 bps applying to select deposits.
For general customers, interest rates on fixed deposits with tenures ranging from 61 days to six months have been increased by 50 bps to 4.75 per cent. Deposits with maturities of six months and one day to nine months will now earn 5.65 per cent, up by 15 bps.
Similarly, rates on deposits with tenures of nine months and one day to less than one year have been raised to 5.90 per cent from the earlier 5.75 per cent.
The lender has also revised interest rates on longer-term deposits. Fixed deposits with maturities of 18 months and one day to two years will now offer 6.50 per cent, compared with 6.45 per cent earlier. For deposits ranging from two years and one day to three years, the rate has been increased to 6.55 per cent from 6.45 per cent.
Customers investing in deposits with tenures of three years and one day to five years will receive an interest rate of 6.60 per cent.
The biggest increase among the revised rates for general customers applies to deposits with maturities of five years and one day to 10 years. The interest rate in this category has been raised by 45 bps to 6.60 per cent from 6.15 per cent.
Senior citizens will also benefit from the revision. Interest rates on their deposits with tenures of 61 days to six months have increased by 50 bps to 5.25 per cent. The highest rate of 7.20 per cent is available on deposits ranging from three years and one day to five years.
For senior citizen deposits with maturities of five years and one day to 10 years, the interest rate has been increased by 45 bps to 7.10 per cent from 6.65 per cent.
HDFC Bank’s revision comes amid similar changes in the fixed deposit rates offered by other lenders. Banks, including ICICI Bank, Punjab National Bank, Kotak Mahindra Bank and Axis Bank, have also revised interest rates on select fixed deposit schemes in recent months.
(Disclaimer :The content of this article is sourced from a news agency and has not been edited by the Mavericknews30 team.)
