This HDFC Bank New FD Scheme offers Rs 7,500 off on merchant offers

This HDFC Bank New FD Scheme offers Rs 7,500 off on merchant offersThis HDFC Bank New FD Scheme offers Rs 7,500 off on merchant offers

HDFC Bank has come up with a unique fixed deposit scheme now that offers 7,500 off on merchant offers. It has certain terms and conditions attached to that. HDFC bank is one of the largest private bank in India. HDFC Bank customers need to do FD of Rs 7,500 and above to avoid these merchant offers. What is HDFC Bank Azadi Ka Amrit Mahotsav Fixed Deposit Offer – 2022 all about? What are the terms and conditions in such Offer? How to avail this Rs 7,500 merchant offers?

Also Read: InCred Senior Secure NCD Bonds Jan-22 – Should you invest?

Features of HDFC Azadi Ka Amrit Mahotsav Fixed Deposit Offer – 2022

Customer need to book a fixed deposit scheme to avail this offer.

Customers can book FD either through net banking, mobile banking or instant booking with a mobile number.

Minimum tenure of the FD should be 1 year. One can book FD above 1 year for any number of years.

One customer can get only one claim under this offer.

FD should be booked during 17th January, 2022 to 17th February, 2022.

Minimum amount of deposit should be Rs 7,500.

What are current HDFC Bank interest rates?

Here are the latest FD interest rates for < Rs 2 Crores FD.

Tenor Bucket Interest Rates – Regular Customers Interest Rates – Sr. Citizens
7 – 14 days 2.5% 3.0%
15 – 29 days 2.5% 3.0%
30 – 45 days 3.0% 3.5%
46 – 60 days 3.0% 3.5%
61 – 90 days 3.0% 3.5%
91 days – 6 months 3.5% 4.0%
6 mnths 1 days – 9 mnths 4.4% 4.9%
9 mnths 1 day < 1 Year 4.4% 4.9%
1 Year 4.9% 5.4%
1 year 1 day – 2 years 5.0% 5.5%
2 years 1 day – 3 years 5.2% 5.7%
3 year 1 day- 5 years 5.4% 5.9%
5 years 1 day – 10 years 5.6% 6.4%

Here are the latest FD interest rates for > Rs 2 Crores FDs.

Tenor Bucket Interest Rates – Regular Customers Interest Rates – Sr. Citizens
7 – 14 days 2.5% 3.0%
15 – 29 days 2.5% 3.0%
30 – 45 days 2.8% 3.3%
46 – 60 days 2.8% 3.3%
61 – 90 days 3.0% 3.5%
91 days – 6 months 3.0% 3.5%
6 mnths 1 days – 9 mnths 3.5% 4.0%
9 mnths 1 day < 1 Year 3.7% 4.2%
1 Year 3.8% 4.3%
1 year 1 day – 2 years 3.8% 4.3%
2 years 1 day – 3 years 4.4% 4.9%
3 year 1 day- 5 years 4.4% 4.9%
5 years 1 day – 10 years 4.4% 5.2%

What is the offer in “HDFC Bank Azadi Ka Amrit Mahotsav Fixed Deposit Offer – 2022”?

HDFC Bank would provide coupon vouchers from the brands on investing in the FD scheme.

These vouchers are provided during 30 to 90 days after opening the FD scheme.

These coupon vouchers can be redeemed before 30th June, 2022.

Only full KYC customers are eligible for this offer.

Below are the details of the merchant offers:

Brand Category Offer
Basics ( Online ) Apparel 500 off on Bills above 2499
Bata Accessories Rs 500 OFF on Bills Above 1500
Big Basket Groceries Rs 500 OFF on Bills Above 2999
Bombay shaving Company ONLINE 500 Rs off on bills above 2999
Burgerking Dining Free Stunner Menu Product Worth Rs 50 on Bills Above 199
Cookieman Dining 200 Off on Bills above 999
Hidesign Accessories 1000 Rs Off on bills above 4999
MORE Groceries 100 Off on Bills above 599
Netmeds ONLINE 500 Rs off on bills above 2999
PVR Cinemas Entertainment 200 Rs off on Bills Above 1000
SPAR ( Online ) Groceries Rs 100 Off on Bills Above 1299
Sportsstation Accessories Rs 1000 OFF on Bills Above 2999
Swiggy Dining 100 Off on Bills above 250
Van Heusen Apparel Rs 1000  OFF on Bills Above 3999
Van Heusen Innerwear Apparel Rs 250 Off on Bills Above 999
www.arvind.nnnow.com Apparel Rs 500 OFF on Bills Above 2999
www.lifestylestores.com ONLINE 500 Rs off on bills above 1999

Also Read: 10 SIP mutual funds to invest in 2022

How does the offer redemption process work?

1) Once customer opens FD, they would receive communication with the microsite link within 30 days.

2) The eligible customer need to open the link and check for all offers available currently.

3) FD customer need to click on “Get vouchers”

4) Customer need to enter basic info like name, email ID and mobile number

5) Coupon vouchers would be sent through PDF to registered email ID within 2 working days from the date of the request.

6) Customer need to visit the online / store and provide these coupon codes while buying and redeem them.

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Suresh KP

3 comments

  • R Ramakrishna

    I narrate my bitter experience with this type of scheme. No doubt the Bank/agency sends a link. When I opened it, it took me to Myntra website. In Myntra only certain slow moving apparel was offered this facility that too with several strings attached. I dont advise your readers to take decisions hastily. But the interest rates are attractive.

  • BKG

    Sir, whether this entire pack of vouchers will be provided on ₹ 7500 FD

    • Hello BKG, Once you open FD for Rs 7,500 and above, these pack of offers are available to you. You need to check the microsite link which HDFC Bank provides to you and based on the offers available on that day you can request for vouchers

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