Categories: Banking

HDFC unveils ‘Green & Sustainable’ fixed deposit

HDFC Bank has announced the introduction of ‘Green & Sustainable Deposits’ to safeguard the environment from climate change. These fixed deposits will be directed towards financing green and sustainable housing credit solutions and services.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Facilities provided in this FD:

  • With a deposit period of 36-120 months, both residents and NRIs can invest in this instrument that will offer interest rates up to 6.55% p.a.
  • Senior citizens will be eligible for an additional 0.25% p.a. on deposits up to ₹2 crores.
  • Additional ROI of 0.10% p.a. will be applicable on these deposits up to ₹50 lakh per calendar month per customer if placed/renewed through our online platform.

Important takeaways for all competitive exams:

  • Headquarters of HDFC Bank: Mumbai, Maharashtra;
  • MD and CEO of HDFC Bank: Sashidhar Jagdishan;
  • The tagline of HDFC Bank: We understand your world.

Find More Banking News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

MoSPI to Start Annual Unincorporated Sector Enterprises Survey from April 2027

The MoSPI has made some modifications to the ASUSE, wherein the ASUSE for 2027–28 will…

39 minutes ago

Siang Upper Multipurpose Project: Why Arunachal Pradesh’s Proposed Mega-Dam Matters

The plan for an 11,200 MW multipurpose project called Siang Upper Multipurpose Project (SUMP) in…

1 hour ago

Centre Permits E100 Ethanol Fuel in Flex-Fuel Vehicles Under Amended Motor Vehicle Rules

The MoRTH has made modifications in the Central Motor Vehicles Rules so as to permit…

2 hours ago

Who Named Cyclone Arnab? Meaning and How Cyclones Are Named in India

The name Arnab, associated with the cyclone that originated over the Bay of Bengal in…

2 hours ago

Ballon d’Or 2026: All You Need to Know About Football’s Most Prestigious Award

The 70th Ballon d'Or announced on 26th October 2026 at the London Palladium in London,…

3 hours ago

Supreme Court Supports Raising District Judges’ Retirement Age to 62 Years: 14 States Agree

The Supreme Court of India has embraced the accord by the 14 states with regard…

3 hours ago