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HDFC Bank is offering a maximum return of 7.45 per cent for tenures of one to two years, and 7.2 per cent on two years to ten years on non-withdrawable fixed deposits.
The HDFC Bank-HDFC Ltd merger ensures a seamless transition for customers, including fixed deposit holders. Your FD account number remains unchanged, along with the terms and conditions of your FD until maturity. With the inclusion of HDFC Ltd deposits in the deposit insurance scheme, your funds are protected up to Rs 5 lakh. Remember to follow the predetermined rules for premature withdrawal, and for recurring deposits, existing accounts will be unaffected. Overall, the merger aims to provide enhanced services and stability for HDFC Ltd customers within the HDFC Bank framework., Personal Fina...
Last week, CCI had approved the proposed combination involving the acquisition by Housing Development Finance Corporation Ltd (HDFC) of certain additional shareholding of HDFC ERGO General Insurance Company Ltd (HDFC ERGO).
FD rates for senior citizens: Lenders such as HDFC Bank, ICICI Bank, IDBI Bank, SBI had introduced special fixed deposit schemes for investors above 60 years during the Covid-19.
HDFC Bank said that the revised fixed deposit interest rates are applicable from February 14.