Bank extends deadline to invest in special fixed deposit

HDFC Senior Citizen Care FD: Last chance! Bank extends deadline to invest in special fixed deposit with higher interest rate Good news for senior citizens looking to invest in fixed deposits! HDFC Bank has yet again extended the deadline to invest in its special senior citizen FD plan – HDFC Senior Citizen Care FD. The special fixed deposit scheme for seniors offers an interest rate of 7.75%. The bank has extended the last date to apply for this special senior citizen fixed deposit plan till May 2, 2024. The scheme was launched in May 2020. “Senior citizens can enjoy a higher interest rate with HDFC Bank Senior Citizen Care FD. Apart from the existing premium of 0.5% over the regular FD rate, Senior Citizen Care FD provides an additional 0.25% over and above the 0.5% premium,” according to HDFC Bank website. “The benefit of the above additional rate of 0.75% is applicable on the special offer between 18th May 2020 to 2nd May 2024. Further, this scheme is for those depositors who wish to deposit below ₹5 crores,” the website says. [Read more](3D/0/2) If you would prefer not receiving our emails, please [Click Here](3D)