HDFC Bank, SBI hike FD interest rate; these 5 banks offer highest interest rates on 1-3 year FDs

HDFC Bank’s latest FD rates

FD rates have been raised by up to 25 basis points. According to the website, the higher interest rates are effective from June 15, 2022. According to the HDFC Bank website, from 6 months to less than 9 months FD will now earn 4.65 percent, up from 4.40 percent. For tenor 9 months to less than one year will earn 4.65 percent, up from 4.50 percent, and 1 year to 2 years FDs will earn 5.35 percent, up from 5.10 percent.

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