HDFC Bank Ltd has announced a revision in its savings bank interest rate effective August 19, 2017. Post revision, customers maintaining savings bank account balance of Rs 50 lakh and above will continue to earn interest at 4 per cent per annum.
Customers maintaining account balance of below Rs 50 lakh will earn interest at 3.5 per cent per annum from earlier 4 per cent. The revised rates will be applicable to both resident and Non-resident customers.
Important Takeaways from Above News-
- CEO of HDFC Bank is Aditya Puri.
- It Headquarters in Mumbai.
Source- The Hindu Business Line