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.

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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.

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Sumit Arora
5 years ago

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