Starting today, HDFC Bank has also updated its interest rates on recurring deposits (26 October). Following today’s increase, elderly residents will get interest rates ranging from 3.5 per cent to 6.95 per cent on FDs with terms ranging from 7 days to 10 years.Ħ months 1 days <= 9 months 5.25 per centĪlso Read | HDFC Bank launches SmartHub Vyapar for merchants Senior people will receive a 50 basis point interest rate increase over those offered to ordinary customers.