What is the rate of interest for fixed deposit in HDFC?
HDFC Bank Fixed Deposit Interest Rates
Tenure bracket | Rate of Interest for General Public | Rate of Interest for Senior Citizens |
---|---|---|
61 days to 90 days | 3.00% | 3.50% |
91 days to 6 months | 3.50% | 4.00% |
6 months 1 day to 9 months | 4.40% | 4.90% |
9 months 1 day to less than 1 year | 4.40% | 4.90% |
What is the interest of 2 lakh in HDFC Bank?
18%
1. For Salary of Rs.25,000 Per Month
Loan amount | Rs.2 lakh | |
---|---|---|
Interest rate | 18% | |
Monthly EMI | Rs.18,336 | |
Month | Principal Paid(A) (in Rs.) | Outstanding Loan Balance (in Rs.) |
1 | Rs.15,336 | Rs.1,84,664 |
What is the interest on 1 lakh in fixed deposit?
37,009 if you do not withdraw the monthly interest on the amount deposited. Likewise, for an investment of Rs 20 Lakhs, you will get Rs….Monthly Payout.
Investment amount | Monthly interest | Cumulative interest for 5 years |
---|---|---|
1 lakh | Rs. 526 | Rs. 37,009 |
5 lakh | Rs.2,629 | Rs. 185,043 |
10 lakh | Rs.5,258 | Rs.3,70,087 |
What is the current FD interest rate?
Tax Saving Fixed Deposit Interest Rates
Tax Saving FD | Minimum Deposit | Tax Saving |
---|---|---|
SBI Tax Savings Scheme | Rs 1,000 | 5.40% |
HDFC Bank 5 Year Tax Saving Fixed Deposit | Rs 100 | 5.50% |
Axis Bank Tax Saver Fixed Deposit | Rs 100 | 5.50% |
Kotak Bank Tax Saving Fixed Deposit | Rs 100 | 4.90% |