hdfc bank fixed deposit interest rates calculator

This FD Calculator for HDFC requires some data like – your principal deposit amount, rate of interest, period (in the number of months), and interest compounding frequency. You may Calculate the HDFC FD Interest rate by using: HDFC Bank FD Calculator

It is the most hassle-free way of calculating interest. One of the best ways to calculate the interest earned on your HDFC bank FD is using the HDFC Bank FD calculator available over the internet. The interest you earn on your deposited amount in FD depends on a lot of factors such as the invested amount, tenure for the deposit, rate of interest, and compounding frequency. How is the HDFC FD rate of interest calculated?įD interest rates of HDFC bank are determined by changes in RBI monetary policy such as repo rate, base rate, etc, the internal liquidity position of banks, economic conditions, and the level of credit demand. You may check the updated HDFC Interest rate on FD at HDFC Bank’s official website here. Long-term FD: This deposit’s tenure ranges from 5 years to 10 years and offers a higher interest rate. Medium-term FD: Medium-term FDs have their tenures ranging from more than 1 year to less than 5 years. These deposits are known as short-term deposits as they have a tenure of less than 1 year.

Short-term FD: For an HDFC FD with tenure ranging from 7 days to 365 days. 5 crores) interest rates revised: (All figures in % per annum) Bank NameįD interest rates of HDFC bank according to deposit period:įD is a deposit of a fixed sum of money for a fixed period of time – which can vary anything from a few days to a few years – at a fixed interest rate known at the beginning of the investment.ĭepending on the deposit period or tenure, these FDs are further categorised as short-term, medium-term, and long-term deposits.

Revision in Interest Rates on Retail Domestic term deposits (Below Rs.

Hdfc bank fixed deposit interest rates calculator