Green and Sustainable Deposits by HDFC
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19 August 2021 Current Affairs:HDFC Bank has announced ‘Green & Sustainable Deposits’ to guard the surroundings against local weather change.
Highlights:
♦ These fixed deposits will be directed toward financing green and sustainable housing savings options and services.
♦ With a deposit length of 36-120 months, each resident and NRIs can invest in this instrument that will provide interest rates up to 6.55% p.a.
♦ Senior residents will be eligible for an additional 0.25% p.a. on deposits up to ₹ two crores.
♦ Additional ROI of 0.10% p.a. will be applicable on these deposits up to ₹50 lakh per calendar month per client if placed/renewed through our online platform.
