Under this new product, an additional 25 bps premium will be payable for senior citizens' retail term deposits with "5 years 1 Day & above" tenure only.ĥ) In case of premature closure of FD booked under HDFC Bank Senior Citizen Care FD scheme offer (including sweep in / partial closure) post 5 years, the interest rate will be 1.25% below the contracted rate or the base rate applicable for the period the deposit has remained with the bank, whichever is lower. 2) HDFC Bank special FD scheme for senior citizens would be in effect up to 30 September.ģ) For fixed deposits of over five years but under ten years, HDFC Bank will be paying an additional interest of 75 bps, the lender said.Ĥ) If a senior citizen puts a fixed deposit under HDFC Bank Senior Citizen Care FD, then interest rate applicable to the FD will be 6.50%.
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