HDFC Bank, a leading private sector bank in India, has recently announced the launch of two fixed deposit schemes with tenures of 35 and 55 months. These special tenure fixed deposit schemes are available for deposits under Rs 2 crore and offer 7.20% and 7.25% interest rates for deposits held for 35 months and 55 months respectively. Senior citizens can also enjoy an additional interest margin of up to 0.5% on top of the accepted rate of interest. These fixed deposit schemes are ideal for customers looking to invest their money for an extended period with assured high returns.
Fixed deposits are considered one of the safest investment tools as they offer guaranteed returns. With deposit rates near their peak, the new special edition fixed deposit schemes from HDFC Bank will benefit both customers and non-customers looking for safe investment options with high returns. HDFC Bank is known for providing the best banking experience to its customers through constant innovation and delivering top-notch banking and savings solutions.
Ravi Santhanam, the Chief Marketing Officer, Head of Corporate Communications, Liability Products, and Managed Programs at HDFC Bank, said, The new schemes will greatly benefit our customers and non-customers looking to keep their money safe for extended durations with high returns. He added that HDFC Bank is committed to providing the best banking and savings solutions to its customers.
HDFC Bank has a reputation for providing innovative banking and savings solutions to its customers. With the launch of these fixed deposit schemes, the bank continues to offer investment tools that cater to the changing needs of customers. The bank’s commitment to providing the best banking experience to customers has made it a popular choice for savings and investment solutions.
