HDFC Deposit rates (for Individuals & Trusts) are revised w.e.f. 1st March, 2023.
HDFC fixed deposite rate – 7.70%, Additional 0.25% for Sr. Citizens.
Sapphire Deposits (for limited period) offering 7.70% p.a. for 45 months has been extended till further notice.
Click here for revised ROI chart : https://www.hdfc.com/deposit/interestrateslip.pdf
Sanchay Deposit
Fixed Deposit is a fixed income product that assures steady returns. LIC Housing Finance Ltd has launched SANCHAY deposit scheme in w.e.f. 12th April,2023.
Since its launch SANCHAY deposit scheme by LIC Housing Finance Ltd is rated AAA/Stable by CRISIL. This is the highest rating provided to deposit instrument for any deposit taking entity.
FD Rate below 20Cr is 7.75 % and Above 20Cr is 7 %.
Public Deposit will be accepted from Resident Individuals, Non-Resident Individuals, Minors through guardians, HUFs, Partnership Firms, Co-operative Societies, Association of Persons, Proprietary Concern, Trusts and others as decided by management.
Public Deposit features are as follows:
- AAA/STABLE rating by CRISIL
- Attractive Card Rates
- Monthly and Yearly Interest Payment Option under Non- Cumulative Scheme
- Interest Compounded Annually under Cumulative Scheme
- Auto Renewal/ Auto Repayment Facility available
- Electronic Payment Facility for Interest payment and Principal Payment.
- Additional benefit of 0.25% p.a. in interest rate to senior citizens (for deposits of ₹ 20,000/- & above but upto ₹ 2 Crores) on all tenures.
- Quick sanction of Loan against Deposit up to 75% of Deposit Amount.
Tenure available for 1 Year, 18 Months, 2 Year, 3 Year and 5 Year under Cumulative Public Deposit Scheme. Attractive card rate for deposit amount upto Rs 20 Crore and above Rs. 20 Crore for all tenure. Interest will be compounded annually and paid on maturity along with Principal Amount after deducting the tax wherever applicable.