HDFC launches ‘green and sustainable’ deposits programme for retail clients
- India’s largest private sector bank, HDFC has launched a green and sustainable deposits programme for retail clients, with an aim to safeguard the environment from climate change.
- The funds from these fixed deposits will be used for financing of green and sustainable housing credit solutions and services.
- Interest Rates : 6.55 percent
- Maturity period : between 3 to 10 years
- Senior Citizens will get an additional interest rate of 0.25 percent per annum on their deposits of up to Rs 2 crore.
- Further, an additional interest rate of 0.1 percent per annum will be applicable on these deposits up to Rs 50 lakh if made through the online platform of the bank.
Source: Business Standard
Points To Remember:
- Interest Rate on green and sustainable fixed deposits programme launched by HDFC Bank?
- Headquarter of HDFC Bank: Mumbai