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Housing Development Finance Corporation
Incorporated in 1977, Housing Development Finance Corporation Ltd (HDFC) is the first specialised mortgage company in India
As on March 31, 2011 cumulative loan approvals and disbursements stood at Rs. 3,73,246 crore and Rs. 3,02,533 crore, respectively
Deposits continued to grow during FY11. As on March 31, 2011, outstanding deposits stood at Rs. 24,625 crore
CRISIL and ICRA have for the sixteenth consecutive year, reaffirmed their AAA rating for HDFC's deposits
Card Rates w.e.f May 3, 2012
Regular Deposits (Fixed & Variable Rates)
Period (Months) Monthly Quarterly Half-Yrly Annual Cum. Int SSP (Variable)
12 - 23 8.90% 8.95% 9.05% - 9.25% -
24 - 35 9.05% 9.10% 9.20% 9.40% 9.40% 9.00%
36 - 47 9.15% 9.20% 9.30% 9.50% 9.50% 9.25%
48 - 60 8.90% 8.95% 9.05% 9.25% 9.25% 9.25%
Platinum Deposits : (Fixed Rates only)
Period (Months) Monthly Quarterly Half-Yrly Annual Cum. Int SSP (Variable)
15 9.40% 9.45% 9.55% - 9.75% -
33 9.40% 9.45% 9.55% 9.75% 9.75% -
Senior Citizen (60 years+) will be eligible for an additional 0.25% p.a. (Other than SSP)
INTEREST RATES FOR DEPOSITS OF Rs. 1 CRORE AND ABOVE WOULD BE AS PER THE EXTANT GUIDELINES.