HDFC Bank has again lowered interest rates on FDs and savings accountsβthe second time this month. This change follows the RBI’s rate cut. FD rates for 15β18 month plans are now 6.35% for regular customers. Savings account rates also dropped to 2.50% from June 24. If you plan to book an FD or RD, check the latest rates before you do.
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FD rate cut: 25 bps for some tenures
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New savings rate: 2.50%
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Early withdrawal still has a penalty
π Why this matters: Lower bank interest means your money earns less β plan smart.
π Source: HDFC Bank
Curated by Articoli News
ποΈ Written and summarized by our editorial team using AI assistance and human review.
π Sources: Market insights on the internet and other verified media platforms.
β We credit all sources and focus on accurate, simplified, and growth-driven news only.
π Have a story or opinion? Submit your article or comment below.
π€ Edited & Approved by Debraj Paul, Founder of Articoli News.
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