India's HDFC Bank joins peers in raising deposit rates
Table of Content Loans HDFC Bank Home Loan Personal Loan Interest Rates What is part/subsequent disbursement of a home loan? Get Instant Home Loan Home Extension Loan According to the bank's official website, the new rates will be effective from December 14, 2022. Following the hike, HDFC Bank offers fixed-term deposit interest rates ranging from 3% to 7% for the general public and 3.50% to 7.50% for senior citizens for tenure between 7 days to 10 years. Many banks immediately hiked the fixed deposit interest rates after the Reserve Bank of India this month raised the repo rate by 35 basis points to 6.25%. The latest ones to join the list are SBI, HDFC Bank, ICICI Bank and Kotak Mahindra Bank which hiked the fixed deposit interest rates this week. SBI is the chosen bank for house loans for more than 40 lakh families. You would love my articles related to Credit Cards, Travel, Shopping, Tax Saving. I share transparently how I am making passive income from multiple sources on