Starting today, HDFC Bank has also updated its interest rates on recurring deposits (26 October). Following today’s increase, elderly residents will get interest rates ranging from 3.5 per cent to 6.95 per cent on FDs with terms ranging from 7 days to 10 years.Ħ months 1 days <= 9 months 5.25 per centĪlso Read | HDFC Bank launches SmartHub Vyapar for merchants This rate is applicable for deposits below Rs 2 crore.Senior people will receive a 50 basis point interest rate increase over those offered to ordinary customers. Calculation shows that a deposit of Rs 1 lakh in ICICI Bank will give Rs 2.1 lakh to senior citizens after 10 years. On term deposits of 10 years, ICICI Bank is offering 7.5% interest to senior citizens. This rate is applicable for deposits below Rs 2 crore. Calculation shows that a deposit of Rs 1 lakh in HDFC Bank will give Rs 2.15 lakh to senior citizens after 10 years. On term deposits of 10 years, HDFC Bank is offering 7.75% interest to senior citizens. This rate is applicable for deposits below Rs 2 crore.Īlso Read: Know how much FD return is guaranteed HDFC Bank Fixed Deposit Calculation shows that a deposit of Rs 1 lakh in BoB will give Rs 2.1 lakh to senior citizens after 10 years. On term deposits of 10 years, the Bank of Baroda is also offering 7.5% interest to senior citizens.

Calculation shows that a deposit of Rs 1 lakh in PNB will give Rs 2.14 lakh to senior citizens after 10 years. On term deposits of 10 years, Punjab National Bank (PNB) is offering 7.3% interest to senior citizens. Calculation shows that a deposit of Rs 1 lakh in SBI will give Rs 2.10 lakh to senior citizens after 10 years. On term deposits of 10 years, SBI is offering 7.5% interest to senior citizens.

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Hdfc bank fixed deposit rates today