and , two of the top credit rating agencies, have given HDFC’s deposits scheme AAA ratings, stated the HDFC website. The company offers FDs ranging from 12 to 120 months. On all deposit products, senior citizens who are 60 years of age or more are given an extra 0.25 percent per annum.
This Non-Banking Financial Company (NBFC) offers options like Monthly Income Plan, Non-cumulative interest plan, Annual Income Plan, and Cumulative options.
HDFC has introduced Green & Sustainable Deposits, a product that supports United Nations’ Sustainable Development Goals (SDGs).
Investors have three deposit options under the Green Deposits category: Special, Premium, and Regular deposits. HDFC currently offers a maximum interest rate of 6.95 percent on special deposits under 2 Cr and a maximum interest rate advantage of 6.75 percent on premium deposits under 2 Cr. Whereas the corporation offers a maximum interest rate benefit of 6.80% on regular deposits.
Green deposit – Special deposits
Green deposits – Premium deposits
Green deposits — Regular deposits
Premium FD interest rates
Regular FD interest rates