According to HDFC Bank, the bank will now pay an interest rate of 6.65 percent on deposits that mature in 9 months, 1 day to 1 year, and 7 percent on deposits that mature in 1 year to 15 months.
( Also Read: Google Layoffs: Employee Takes leave to Care for his Mother With Terminal Cancer, Company Abruptly Fired him)ĭeposits with maturities between 90 days and 6 months now earn 6.25 percent interest, while those with maturities between 6 months and 1 day and 9 months now yield 6.50 percent interest. The HDFC Bank now offers an interest rate of 5.50 percent for deposits with a tenor of 46 to 60 days and 5.75 percent for deposits with a tenor of 61 to 89 days. On deposits that mature in the next 7 to 29 days, the bank is offering an interest rate of 4.50 percent, and HDFC Bank is offering an interest rate of 5.25 percent on deposits that lapse in the following 30 to 45 days.
