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HDFC launches 'green and sustainable' deposits programme for retail clients

HDFC Ltd said individuals can earn interest at 6.55 per cent on their deposits, whose period can range from 3-10 years

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Typically, HDFC Ltd offers 6.65 per cent interest rates on normal deposits.

Subrata Panda Mumbai
The country’s largest mortgage lender, HDFC Ltd, on Monday launched a “green and sustainable” deposits programme for retail clients, funds from which will be used to finance sustainable housing credit solutions and services.
 
In a statement, HDFC Ltd said individuals can earn interest at 6.55 per cent on their deposits, whose period can range from 3-10 years. Also, senior citizens will be eligible for an additional 0.25 per cent per annum on their deposits of up to Rs 2 crore. Further, an addi­tional interest rate of 0.1 per cent per annum will be applicable on these deposits up to