How to Open an HSBC Fixed Deposit (FD) Online

HSBC Bank offers the Fixed Deposit (FD) scheme at an interest rate ranging between 2.25% p.a. and 4.00% p.a. with a tenure ranging between 7 days and 5 years. You can open an FD account both online and offline. Senior citizens are provided an additional interest rate as well.

Process to Open an HSBC Bank FD Online

The process to open an FD account that is offered by HSBC Bank online is mentioned below:

• Login to the internet banking portal.
• Click on ‘Open Fixed Deposit’.
• Select the type of FD.
• Choose the amount and tenure.
• Click on ‘Continue’ to complete the application procedure and open the FD account.

Apart from internet banking, you can open an FD account via mobile banking as well.

Process to Open an HSBC Bank FD Offline

An FD account can be opened by visiting the nearest HSBC Bank and submitting the application form and the requested documents.

Features and Benefits of HSBC Bank’s FD

The main benefits and features of the FD account offered by HSBC Bank are mentioned below:

• HSBC Bank offers the FD scheme at competitive interest rates.
• You can open an account online.
• The minimum deposit that must be made is Rs.10,000.
• The tenure of the scheme ranges between 7 days and 5 years.
• Senior citizens are offered an additional interest rate.

Frequently Asked Questions (FAQs)

1. What are the different ways by which I can open an FD account offered by HSBC Bank?

   The different ways by which you can open an FD account are mentioned below:

   • Online
   • By visiting an HSBC Bank branch
   • Mobile
2. Are senior citizens provided an additional interest rate?

   Yes, senior citizens are provided an additional interest rate.

3. What is the highest interest rate that is offered by HSBC Bank on its FD scheme?

   The highest interest rate that is offered by HSBC Bank on its FD scheme is 4.00% p.a. for a tenure that ranges between 3 years and 5 years.