[Bug] HDFC giving higer FD interest rate than the one mentioned on their website?

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tyagi.aakarsh73

on their website it's 7% for 15 months, but on the app I am getting 7.1%, are they going to increase the FD rates or is this a bug?

WhatsAppImage2023-02-21at18.04.53

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Critic Critic
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They have updated the website.

7.1% is the new rate

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Deal Subedar Deal Subedar
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FD Loot , Induslnd giving 7.5 something

Deal Cadet Deal Cadet
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Do not go for FD in HDFC, they charge you penalty for premature closure higher than expected returns and you also end up paying tax on paper interest... double blow

Helpful Helpful
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If this is a bug take screenshots as proof If you don't get the mentioned interest go to court and show the evidence 

Benevolent Benevolent
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@drupal tag on twitter paji

Deal Major Deal Major
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FD rates have been increased again after recent RBI repo rate hike

Critic Critic
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They have updated the website.

7.1% is the new rate

Deal Cadet Deal Cadet
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desiman wrote:

FD rates have been increased again after recent RBI repo rate hike

yeah but it's not been announced by HDFC as of now, maybe they pushed the UAT code to Production
Deal Cadet Deal Cadet
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Sudarshan61 wrote:

They have updated the website.

7.1% is the new rate

can see it now, only 15-18 months FD is 7.1 now
Deal Newbie Deal Newbie
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timelord wrote:

If this is a bug take screenshots as proof If you don't get the mentioned interest go to court and show the evidence 

Screengrab images as evidence in court😅
Spearhead Spearhead
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Is this loot still live ?

Deal Newbie Deal Newbie
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anantnitish wrote:

Is this loot still live ?

Yes! Yesss!!!!

Run, hurry, create a stampede if needed
but get it pronto!
Deal Subedar Deal Subedar
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🤣 home loan at 10% and personal loan at 15% and they are giving 7.1% on fd. So basically bank are looting 3-8% from public 

Firestorm Firestorm
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Smiling wrote:

🤣 home loan at 10% and personal loan at 15% and they are giving 7.1% on fd. So basically bank are looting 3-8% from public 

That's how they work frowning

Deal Newbie Deal Newbie
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sanklecha.mahaveer563 wrote:

Do not go for FD in HDFC, they charge you penalty for premature closure higher than expected returns and you also end up paying tax on paper interest... double blow

yes
I was thinking to put a thread but people will not grasp things so did not put
I am thinking shld I close fd and put at higher interest or wait till closure
Deal Cadet Deal Cadet
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jyotijadavtube841 wrote:
yes
I was thinking to put a thread but people will not grasp things so did not put
I am thinking shld I close fd and put at higher interest or wait till closure

Dimers are smarter when it comes to even single penny stuck_out_tongue_winking_eye

Deal Cadet Deal Cadet
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Smiling wrote:

🤣 home loan at 10% and personal loan at 15% and they are giving 7.1% on fd. So basically bank are looting 3-8% from public 

And that's why they want more amount to be kept in your savings account as it has even lower rate of interest = record difference between interest they pay vs loan interest paid to them.

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