In a recent development, HDFC Bank, one of India’s leading financial institutions, has announced the discontinuation of its Senior Citizen Care Fixed Deposit scheme, offering the highest interest rate. The Senior Citizen Care FD, a flagship offering of HDFC Bank, is scheduled to be terminated on November 7, 2023. One of the primary reasons for the popularity of the Senior Citizen Care FD is its attractive interest rates. Currently, HDFC Bank is offering a competitive 7.75% interest rate on senior citizen FDs. HDFC Bank’s Senior Citizen FD Interest Rates:1.

Source: News 24 November 07, 2023 18:17 UTC