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Seeking Advice: Increasing HDFC Bank FD Interest Rates

Mysterio_6174

TF Select
Hello fellow members,

I have a fixed deposit (FD) with HDFC Bank for the past two years. Initially, the interest rates were low, but now they have significantly increased. I wanted to know if anyone has successfully managed to increase the interest rates on their existing FDs with HDFC Bank. If you have any advice or guidance on this matter, I would greatly appreciate it.

I understand that FD interest rates are usually fixed at the time of deposit. However, considering the current higher rates, I wonder if there is any possibility of revisiting the terms to benefit from the increased rates.

If you have firsthand experience with this, please share the steps you took to increase the interest rates on your existing FDs. Did you approach the bank directly or communicate through a specific department?
 
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