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HDFC Bank has changed the interest rates of its fixed deposits (FD). The new interest rates on deposits up to Rs 3 crore have come into effect from today i.e. December 17, 2025. Recently, the Reserve Bank had cut the repo rate, due to which changes are being seen in all types of interest rates.
New DelhiHDFC Bank, a big private sector bank, has changed the interest rates of its fixed deposits (FD), The new interest rates on deposits up to Rs 3 crore have come into effect from today i,e, December 17, 2025, Recently the Reserve Bank of India had reduced the repo rate, after which banks also had to reduce their deposit rates, Due to this, there has been a slight change in the benefits available to the common customers,
According to the new rules, general customers will get interest ranging from 2.75% to maximum 6.60% per annum. Like before, the bank is giving extra benefits to senior citizens. Senior citizens can get maximum interest up to 7.10% on FD of certain tenure. These new interest rates will be applicable on all FDs ranging from 7 days to 10 years. The loan burden is reducing due to the decision of RBI in the beginning of December.
hdfc new rates
According to the website of HDFC Bank, new rates have been implemented on FDs of less than Rs 3 crore. Now 2.75 percent interest is being given on short term FD of 7 to 14 days. The interest rate on FDs of 6 months to 9 months has been fixed at 5.50 percent, while 5.75 percent interest is being given on FDs of less than 1 year.
Talking about long term FD, FD of 1 year to 15 months will get 6.25 percent interest and FD of 15 to 18 months will get 6.35 percent interest. The interest rate has been kept at 6.45 percent for most of the periods ranging from 18 to 21 months, 2 years and about 3 years. Whereas now 6.15 percent interest is being given on FD of 5 years to 10 years.
What did SBI do?
Similarly, State Bank of India has also cut its interest rates. SBI’s new rates have come into effect from December 15. Especially the interest on FD of 2 to 3 years has reduced slightly. Both government and private banks are following this path. The interest on short term FD is very low. Only 2.75% interest is available on FD of 7 to 29 days. At the same time, if you choose FD of 18 months to 21 months, you can get benefit up to 6.45%. Those who want to keep money for long term can also choose 10 year FD, on which common people will get 6.15% interest.
