HDFC launches green and sustainable deposits

NEW DELHI: Mortgage firm HDFC on Monday said it has launched green and sustainable deposits with an aim to safeguard the environment from climate change.

These fixed deposits will be directed towards financing of green and sustainable housing credit solutions and services, HDFC said in a statement.

These deposits will carry interest rates up to 6.55 per cent while maturity period would vary from three to five years.

Source-Economic Times

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