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HUDCO or the Housing and Urban Development Corporation Ltd. is a public undertaking of the Indian government. It is involved in urban development projects including providing low-cost housing to the masses. This state-owned financial institution also accepts public deposits and has a rating of AA+ from both Fitch and CARE, two leading rating agencies.
The below table depicts interest rates offered by the company on all its fixed deposit schemes. These rates are constantly monitored to reflect any changes made by the company.
The updated list of HUDCO FD Rates, for Regular and Senior Citizen, is listed below:
|HUDCO FD Rates 2018|
|Tenure||Regular FD Interest Rates (per annum)||Senior Citizen FD Interest Rates (per annum)|
|Tenure||Regular FD Rate (per annum)||Senior Citizen FD Rate (per annum)|
*All FD rates are subject to change and may be revised at regular intervals
Read more about: Steps to apply for HUDCO Fixed Deposit
All rates are on a quarterly compounding basis which makes these very attractive long-term investments.