RBI forced all the banks to pay the interest rates on day-to-day basis for all the savings bank accounts customers. As we have known, this would cause more spending for the banks because the millions of customers keep the money idle in the savings bank accounts. Till last year, banks paid only less interest money [...]
Tag Archives: hdfc bank
Submit PAN to avoid the higher TDS deduction
March 17, 2010
In my earlier article I have posted about the compulsory submission of the PAN details to avoid the higher deduction of TDS for your fixed deposit.This new rule is with effect from the 1st April, 2010. Banks started informing about the new rules to the customers. Today I got the mail from HDFC bank about [...]
HDFC Bank Increases Fixed Deposit Rates
February 23, 2010
India’s second largest private sector bank HDFC Bank has increased the fixed deposit rates by 150 points. Earlier I have posted about the CRR Ratio hike by the Reserver Bank of India(RBI). As I have explained in the post. CRR hike will reduce the liquidity of the banks and will tighten the money lending to [...]
HDFC Bank charges for NEFT Transactions
January 26, 2010
In our previous articles I have written about the NEFT charges by ICICI Bank. Later they have withdraw the charges. It is known that SBI bank is already charging for the online transactions. Nowadays many banks started looking for the new ways to make money from the online account. It is obviously not good for [...]
IDBI Bank cuts Home Loans Interest Rates
December 18, 2009
After the announcement from other major banks like SBI, ICICI and HDFC to reduce the home loans interest rates, now IDBI bank joined the party to reduce the home loans interest rates effective from 16th December, 2009. It is offering 8.25 per cent fixed rate for all its new loans till March 2012. The offer [...]
Protect Yourself from Phishing Scams!!!
December 4, 2009
Yesterday I got mail from HDFC bank explaining the phishing attacks and how we can stay away from the phishing attacks. It is very important for every online user must aware of the phishing scams that used for stealing the user’s most important secret details and misuse their accounts. In this post I am just [...]
Home Loans Interest Rates will be increased!!!
November 12, 2009
Introduction In this article I am writing about the interest rates increase for the home loans in the coming months. It is expected that there will be rise in the interest rates from this year end. This article explains the reason why rates will be increased and the current situation of home loans industry. If you have [...]
What is Super Saver and Sweep-In Facility?
October 29, 2009
In this article I will be writing about the feature Super Save and Sweep-In provided by the HDFC bank to its customers. I am writing this post with the details from HDFC bank. Also it is the response for our reader (Siva) posted in ask questions. His question is HDFC bank offers sweep-in and super-saver [...]
How to open HDFC Bank Fixed Deposit in online?
October 26, 2009
In this article I will be explaining about the procedure to open fixed deposit account with HDFC bank by using the online banking. Nowadays it is not necessary meet the bankers to open a fixed deposit. If you have savings bank account and netbanking details, it is easy to create one at your desk. Here [...]
HDFC Bank Fixed Deposit Interest Rates
September 19, 2009
HDFC Bank Fixed Deposit Interest Rates Subscribe to our articles here.






May 11, 2010
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