[Resolved]  HDFC Bank — Renewal of FDR at lower rate

The Bank has renewed FDRs automatic for 2 year 15 days @6% p a. The Bank has kept special rate for 6month 16 days, 9 moth 16 days, 1year 16days, 2year 16 days. The Bank is renewing FDRs for 2 year15 days 15 days @ 6% pa.whereas they 0ffer 7.25 % for 2 year 16 days. why give 1% less for by renewing for one day less tenure.
The customer care officer say you can get the FDR cancelled by sending mandate signed by all the holders. This way we shall bel loosing interest for the period form the date of maturity to the date of cancellation.
Definitely there is deficiency of service. Kindly see their rate structure.