HDFC Bank hikes FD interest rates

With effect from 12 January 2022, HDFC Bank has hiked interest rates for FDs worth less than Rs.20 million for a maturity period of more than two years. The interest rate for FDs for tenure of two years one day, but less than three years, will attract an interest of 5.2 per cent. If the maturity period is three years one day to five years, the interest will be 5.4 per cent. For maturity period between five years one day and 10 years, the interest rate will be 5.6 per cent.