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HDFC Bank Revises FD Interest Rates But Some Banks Pay Up To 9%!
27 Apr 2018, 10:36 PM IST i

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Small finance banks pay up to 9% interest rate across various maturities on FDs less than Rs 1 crore.
HDFC Bank recently revised its fixed deposit interest rates by as much as 110 basis points (bps). One basis point is equal to one one-hundredth of one percentage point (0.01%). For a period of one year on an FD less than Rs 1 crore, HDFC Bank now pays an interest rate of 6.85 per cent as compared to 6.75 per cent earlier. On fixed deposits of two to five years, interest rates have been hiked from six to seven per cent. However, on a...
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