HDFC Fixed Deposit (FD) Rates

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With HDFC Fixed Deposit, you can invest your money for a tenure anywhere between 7 days to 10 years and earn interest over the deposited amount. You can earn HDFC FD interest rate of 7.30% p.a. for a mandate of 1 to 2 years. Senior citizens enjoy an additional rate of interest of 0.50% p.a.

HDFC FD Interest Rates, November 2019

HDFC Bank Domestic/NRO/NRE Term Deposits Interest Rates 2019

Period Interest Rate for Deposits Below Rs.2 crore Interest Rate for Deposits Above Rs.2 crore to less than Rs.5 crore
General Public Senior Citizens General Public Senior Citizens
7 days to 14 days 3.50% 4.00% 4.25% 4.75%
15 days to 29 days 4.00% 4.50% 4.25% 4.75%
30 days to 45 days 4.90% 5.40% 5.00% 5.50%
46 days to 60 days 5.40% 5.90% 5.40% 5.90%
61 days to 90 days 5.40% 5.90% 5.40% 5.90%
91 days to 6 months 5.40% 5.90% 5.60% 6.10%
6 months 1 day to 9 months 6.00% 6.50% 6.15% 6.65%
9 months 1 day to less than 1 year 6.25% 6.75% 6.35% 6.85%
1 year 6.45% 6.95% 6.40% 6.90%
1 year 1 day to 2 years 6.45% 6.95% 6.40% 6.90%
2 years 1 day to 3 years 6.85% 7.35% 6.50% 7.00%
3 years 1 day to 5 years 6.75% 7.25% 6.50% 7.00%
5 years 1 day to 10 years 6.75% 7.25% 6.50% 7.00%

*New rates are effective from 01 November 2019 and can change from time to time.



Term Deposits Interest Rates 2019 for Amounts Equal to or More than Rs.5 crore (Domestic/NRO/NRE)

Period
FD Rate of Interest (p.a)
Rs.5 cr to Rs.5.25 cr Rs.5.25 cr to Rs.5.50 cr Rs.5.50 cr to Rs.24.75 cr Rs.24.75 cr to Rs.25 cr Rs.25 cr to Rs.200 cr
7 days to 29 days 4.25% 4.25% 4.25% 4.25% 4.25%
30 days to 45 days 5.00% 4.85% 5.00% 4.85% 5.00%
46 days to 90 days 5.40% 5.10% 5.40% 5.10% 5.40%
91 days to 6 months 5.60% 5.10% 5.60% 5.10% 5.60%
6 months 1 day to <=9 months 6.15% 5.25% 6.15% 5.25% 6.15%
9 months 1 day to < 1 year 6.35% 5.25% 6.35% 5.25% 6.35%
1 year 1 day to 2 years 6.40% 5.40% 6.40% 5.40% 6.40%
2 years 1 day to 10 years 6.50% 5.40% 6.50% 5.40% 6.50%

*New rates are effective from 01 November 2019 and can change from time to time.

Additional Features of HDFC Fixed Deposits

  • You can avail loans and credit cards through HDFC FD with 90% of the FD as loan and credit cards at minimal interest rates.
  • Online benefits such as booking an FD, appoint nominees, liquidate deposits, and view fixed deposit advice.
  • You could earn compound interest by reinvesting your principal along with the interest amount earned during the FD period.
  • Avail Sweep-in facility wherein you can transfer money to your savings or current account from your FD if the balance in your savings or current account goes below a certain limit.
  • Avail Super Saver facility to take advantage of the funds in your savings or current account wherein you can opt between a savings or current account to link it to your FDs and utilise an overdraft facility for your requirements.

HDFC NRI Fixed Deposit

  • Multiple types of FDs to suit your needs.
  • Minimum deposit amount is Rs.25,000 for a fresh or new account, while it’s Rs.10,000 for add-ons.
  • Interest and principal are fully repatriable.
  • You can benefit from an Overdraft in NRO savings or current accounts of up to 90% of the FD amount.
  • Tenure of a minimum of 1 year and a maximum of 10 years.
  • Interest amount earned is exempted from income tax in India.

Domestic/NRO and NRE Non-Withdrawable Deposit Rates for deposits >=Rs.5 crore

Period Interest Rate (p.a.) for deposits
above Rs.5 crore to >=Rs.200 crore
91 days to <=6 months 5.70%
6 months 1 day to <=9 months 6.25%
9 months 1 day to < 1 year 6.45%
1 year 6.50%
1 year 1 day to 2 years 6.50%
2 years 1 day to 10 years 6.50%

*New rates are effective from 01 November 2019 and can change from time to time.

Types of HDFC Fixed Deposits

How to Calculate HDFC Fixed Deposit Interest Rates

The interest that you earn on your FD depends on several factors, including the amount, rate of interest, tenure, frequency of interest calculation, and taxation. To calculate the interest earned on your HDFC FD is hassle-free and simple. All you got to do is visit the online HDFC FD calculator to know the amount you can earn after maturity.

FAQs on HDFC Interest Rates

Can I change the tenure of my HDFC fixed deposit account?

You cannot change the tenure; however, you can close the existing account and open a new with a tenure of your choice.

Can I withdraw from my HDFC FD account ahead of the maturity date?

You can withdraw from your FD account; however, the bank will give the principal amount with either a lower rate of interest or after deducting any penalties. That said, FDs through HDFC have a lock-in period of 1 month to 5 years, where you cannot withdraw from your FD account.

Can I deposit more funds to my HDFC FD account?

HDFC does not have the option to add more cash to your FD account; however, you can open a new FD to add more liquidity.

Can a Non-HDFC Bank customer open an FD online?

Both new and existing can open and operate the HDFC FD account online. First-time or new customers can get the username and password by visiting the local HDFC branch.

Is PAN mandatory to open an HDFC FD account?

A PAN is mandatory to open or operate an HDFC FD account. If you do not have a PAN, then your:

  • TDS exemption form will be found to be void.
  • TDS deduction will be of a minimum of 20%.
  • TDS credit cannot be availed.
  • TDS certificate might be given.

Know how to Link Your KYC Dcuments to HDFC Bank Account

News About HDFC FD Interest Rates, September 2019

  • HDFC Bank Revises its Fixed Deposit Rates

    HDFC Bank, one of the private banks operating in the country has revised its fixed deposit rates with effect from October 17. The lender which lets you open a fixed deposit account with them for a tenure that ranges between 7 days and 10 years offers interest up to 6.85% per annum.

    For deposits between 7 days and 14 days, the bank offers interest of 3.50%. The interest offered on deposits having a tenure of 15 days to 29 days and 30 days to 45 days have been slashed by 0.25% and going forward will attract 4% and 4.90% respectively. Deposits opened for a tenure between 46 days and 6 months will draw interest of 5.40%. The lender will be offering 6% and 6.25% for deposits having a tenure of 6 months 1 day to 9 months and 9 months 1 day to less than a year.

    For deposits having a tenure of 1 year and 1 year 1 day to 2 years, the bank is offering an interest of 6.45%. HDFC Bank is offering customers 6.85% on deposits which are opened for a period of 2 years 1 day to 3 years while for deposits having a tenure of 3 years 1 day to 10 years, the interest offered in 6.75%. Senior citizens are offered additional interest of 0.50% on all FD tenures.

    21 October 2019

  • FD rates slashed for a second time in a month by HDFC Bank

    HDFC Bank, one of the private sector banks operating in the country has revised the FD rates for the second time in a month. The bank offers general citizens interest in the range of 3.50% p.a. to 7.10% p.a. for opening an FD account with them. HDFC offer a variety of investment tenures when it comes to FDs with maturities starting from 7 days to 10 years.

    The bank in its website mentioned that for deposits having a tenure between 7 days and less than 12 months, the rate of return offered is in the range of 3.50% p.a. and 6.35% p.a. Deposits which have an investment tenure between 12 months and 24 months attract an interest between 6.80% p.a. and 6.90% p.a. The lender offers interest is in the range of 7% p.a. to 7.10% for deposits having a tenure between 24 months 1 day and 120 months. It needs to be mentioned here that the bank offers additional interest of 0.50% p.a. on all deposit tenures.

    It must be noted here that banks like State Bank of India (SBI), Axis Bank, ICICI Bank, Kotak Mahindra Bank, Punjab National Bank, Canara Bank, and IDFC First Bank have also revised FD interest rates this month.

    4 September 2019

  • HDFC lowers its FD interest rates

    According to reports, HDFC Bank has revised its fixed deposit interest rates on select maturity periods. The new rates will come into effect from 22 July 2019. As per the bank’s website, the revised rates are applicate for maturity periods between 30 and 45 days, 46 and 60 days, and 1 year.

    As per the new rates, general citizens can enjoy an interest rate of 5.5% and senior citizens can enjoy an interest rate of 6% on fixed deposits of 30 days to 45 days. Prior to this, HDFC was offering an interest rate of 5.75% to general citizens and 6.25% to senior citizens, respectively.

    On fixed deposits of 1-year maturity period, HDFC has lowered the rates by 20 basis points. As per the new rates, general citizens and senior citizens can enjoy interest rates of 7.10% and 7.60% respectively on their deposits.

    23 July 2019

  • SBI, HDFC, ICICI, and Canara bank offer more than 6% on FDs below Rs.2 crore

    There is no denying that investing in fixed deposits is preferred by many individuals in the country. The fact that it fetches guaranteed returns makes it a good choice when it comes to investing. Many banks that operate in the country, be it in the public sector or private sector offer the option of fixed deposits to its customers.

    State Bank of India along with other banks like Canara bank, HDFC bank and ICICI bank offer an interest rate in excess of 6% per annum when it comes to opening a fixed deposit account for select tenures. For deposits below Rs.2 crore, SBI offers an interest of up to 6.85% per annum for a period of 5 years to 10 years to the general public. Senior citizens avail an interest rate of 7.35% per annum for the above-mentioned tenure.

    Private sector lenders like HDFC bank and ICICI bank also offer attractive rates when it comes to fixed deposits. The highest interest rates offered by the lenders to the general public are 7.40% and 7.50% respectively. For senior citizens, the highest interest rates offered by the banks are 7.90% and 8% per annum.

    Canara Bank, one of the public sector banks that operate in the country offer an interest rate as high as 6.75% per annum to the general public while for senior citizens the highest rate offered is 7.25% per annum. The rates are offered on fixed deposits that are opened for a period of 1 year.

    17 April 2019

  • HDFC Bank Raises Fixed Deposit Interest Rates

    HDFC Bank, which is the country’s largest private sector lender has revised its Fixed Deposit (FD) interest rates in select maturities on Tuesday. The FD interest rates were revised for both general and senior citizens of the country. The revision of the FD interest rates comes after Reserve Bank of India hiked the repo rate to 6.5%. The interest rates were hiked in the range of 0.10% to 0.60% for deposits ranging from below Rs.1 crore to less than Rs.5 crore. For deposits below Rs.1 crore, the interest rates range between 3.50% to 7.25% for general citizens while for senior citizens the interest rates range between 4% to 7.75%. For deposits in the range of Rs.1 crore to Rs.5 crore, the rates for general citizens are between 4.25% to 7.40%. For senior citizens, the rates range between 4.75% to 7.90%. It needs to be mentioned that State Bank of India and Canara Bank also revised the rates on July 30 and August 4 respectively.

    13 August 2018

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HDFC Bank Fixed Deposit Reviews

Page 1 of 19 1 2 3 4 5
  • HDFC Bank Fixed Deposit
    "Good one"
    HDFC BANK
    0.5 4.0/5 "Great!"
    Its easy accessible and to redeem so that i have invested the money in Fixed Deposit with HDFC BANK. I have invested the money of Rs. 2.5 lakhs and they have provided me a interest rate of 7.5%. There is no locking period. I didn't got any additional charges till now.
    Was this review helpful? 4
    , hyderabad
    Reviewed on Nov 12, 2019
  • HDFC Bank
    HDFC Bank Fixed Deposit
    "Good to go with HDFC"
    HDFC BANK
    0.5 5.0/5 "Blown Away!"
    I have one FD with HDFC, I deposited Rs. 1 lakh, I was opt for 45 days of tenure. Finally I got 6.25% of interest for 45 days. It won't cover the tax, if we need tax benefits we should go for five years term. I can track the details through netbanking, on the maturity date the amount credits automatically in the account. Even the notification can customized.
    Was this review helpful? 18
    , bangalore
    Reviewed on Aug 27, 2019
  • HDFC Bank Fixed Deposit
    "GOOD"
    HDFC BANK
    0.5 5.0/5 "Blown Away!"
    I am using the savings account with HDFC BANK since from last 5 years, the reason for taking the fixed deposit was they are giving good rate of interest. The application is easy to use with the bank and to check the status of the account.
    Was this review helpful? 12
    , hyderabad
    Reviewed on Jul 20, 2019
  • HDFC Bank Fixed Deposit
    "GOOD"
    HDFC BANK
    0.5 4.0/5 "Great!"
    To open the account with HDFC BANK is good and simple which is easy also quick process. They are providing with the good rate of interest with the bank. The online banking i am using it is simple and easy also it is good to use. The overall service is good.
    Was this review helpful? 4
    , kolkata
    Reviewed on Jul 17, 2019
  • HDFC Bank Fixed Deposit
    "Its satisfactory"
    HDFC BANK
    0.5 4.0/5 "Great!"
    HDFC fixed deposit interest rate is very competitive as like other banks. I have activated the tenure period of one year. The online banking is convenient to manage my all investment, I can access all the information through netbanking without visiting to the bank.
    Was this review helpful? 9
    , bangalore
    Reviewed on Jun 30, 2019
  • HDFC Bank Fixed Deposit
    "Userfriendly Experience"
    HDFC BANK
    0.5 4.0/5 "Great!"
    HDFC Bank FD is providing 7% of interest per annum, I can invest maximum of Rs.1.5 lakhs for under tax coverage. The tenure period get extend automatically after the maturity, for the tax saving FD there is five years of limit . I can deposit and withdraw the liquidity through online.
    Was this review helpful? 1
    , bangalore
    Reviewed on Jun 29, 2019
  • HDFC Bank Fixed Deposit
    "Good"
    HDFC BANK
    0.5 4.0/5 "Great!"
    I done a Fixed Deposit account with HDFC BANK before 2 years and the rate of interest was good. I have withdrawn the money and its neither loss or nor profit. My money is safer and return is very low. There was no locking period and the executive is supportive.
    Was this review helpful? 5
    , mumbai
    Reviewed on May 30, 2019
  • HDFC Bank Fixed Deposit
    "Its Good"
    HDFC BANK
    0.5 5.0/5 "Blown Away!"
    I had fixed deposit in HDFC for the amount of Rs.10,000 then I withdrawn in two months I got some interest. I went to the bank for account opening within few minutes they helped to open the account. There is no charges for pre matured liquidity fund.
    Was this review helpful? 5
    , hyderabad
    Reviewed on May 25, 2019
  • HDFC Bank Fixed Deposit
    "Good Returns from HDFC"
    HDFC BANK
    0.5 4.0/5 "Great!"
    As per the guidance , I taken a Fixed Deposit in HDFC . This is one year plan and worth enough to take this plan in HDFC comparing with the interest rate . I am really happy with the better returns for my FD . I thought of continuing after one year also .
    Was this review helpful? 7
    , hyderabad
    Reviewed on May 13, 2019
  • HDFC Bank Fixed Deposit
    "Good Service"
    HDFC BANK
    0.5 5.0/5 "Blown Away!"
    I am using HDFC Bank Fixed Deposit for the past 6 years ,using net banking is also good ,customer service is good .flexy deposit ,whenever required can take the amount and can deposit it later .There was no issues faced so far .The Banking service is good to me so far.I am satisifed with the banking service.
    Was this review helpful? 6
    , chennai
    Reviewed on May 13, 2019
  • HDFC Bank Fixed Deposit
    "Very much convenient"
    HDFC BANK
    0.5 5.0/5 "Blown Away!"
    My all time favorite is Fixed Deposit which is secured and I can count the returns on evey month which am most comfortable. My family all have them are having in HDFC account, the manager is very friendly and rendering the service. Am doing investment since 2011 and their services are more good than the profit.
    Was this review helpful? 2
    , hyderabad
    Reviewed on May 12, 2019
  • HDFC Bank Fixed Deposit
    "Userfriendly FD experience"
    HDFC BANK
    0.5 4.0/5 "Great!"
    I do have fixed deposit with HDFC, I opened it through online there is no locking period, while opening I have specified the maturity date. Minimum deposit start from Rs. 5000, they are providing 7.3% per annum. Its safe and secured to invest money with HDFC.
    Was this review helpful? 3
    , bangalore
    Reviewed on May 03, 2019
  • HDFC Bank Fixed Deposit
    "Flexible Fixed deposit"
    HDFC BANK
    0.5 5.0/5 "Blown Away!"
    HDFC Is more convenient to open and close the FD through online, they give better interest as per the RBI around 6.8%. The online portal is easy to track the fixed deposit details, the help desk is good to handle the queries. I am very much happy with HDFC. I can take the tenure from three months to max tenure.
    Was this review helpful? 1
    , delhi
    Reviewed on Apr 29, 2019
  • HDFC Bank Fixed Deposit
    "Satisfied with the service"
    HDFC BANK
    0.5 5.0/5 "Blown Away!"
    I have a fixed deposit account with HDFC Bank and the banking process is good. I could open this account online and the account has been beneficial too. I earn a good interest. I can also close this account without having to go in person to the bank. It can be done online too.
    Was this review helpful? 2
    , bangalore
    Reviewed on Apr 26, 2019
  • HDFC Bank Fixed Deposit
    "Good Service I am getting"
    HDFC BANK
    0.5 3.5/5 "Pretty good"
    I normal deposit a cash of either 10 or 15 k in my fixed deposit because I don't have much surplus cash . Nowadays just for the name sake depositing my money in FD . Though they provide very less returns but the guarantee of getting the money back is sure .
    Was this review helpful? 2
    , hyderabad
    Reviewed on Apr 23, 2019
  • HDFC Bank Fixed Deposit
    "Excellent services"
    HDFC BANK
    0.5 4.5/5 "Excellent!"
    The best bank for a fixed deposit is HDFC Bank. The customer support is good and they are responsive as well. They offer an interest like other bank on my savings. The best is there is no lock in period so I close this account when ever I want too and I can do it with just a click away online. Where as other banks they would ask me to go to the home branch.
    Was this review helpful? 4
    , new delhi
    Reviewed on Apr 16, 2019
  • HDFC Bank Fixed Deposit
    "Its Good"
    HDFC BANK
    0.5 4.0/5 "Great!"
    I went to the bank for the FD process, the service was good they helped to open the account on the same day. I took the fixed deposit for the period of three years and I deposited Rs. 1 lakh, I would get the amount of Rs. 1.35 lakh. I do have HDFC online access .
    Was this review helpful? 5
    , hyderabad
    Reviewed on Apr 03, 2019
  • HDFC Bank Fixed Deposit
    "Good overall"
    HDFC BANK
    0.5 5.0/5 "Blown Away!"
    I have a fixed deposit account with HDFC Bank and the banking process is good. I could open this account online and the account has been beneficial too. I earn a good interest. I can also close this account without having to go in person to the bank. It can be done online too.
    Was this review helpful? 7
    , bangalore
    Reviewed on Mar 29, 2019
  • HDFC Bank Fixed Deposit
    "Very Good Service"
    HDFC BANK
    0.5 4.0/5 "Great!"
    I had just started this investment couple of months back and the services which they had provided has been good. I had started this investment through one of the brokerage nearby. Their customer support has been helpful and has been guiding me through out and the interest rate which they are offering has also been quite good.
    Was this review helpful? 5
    , new delhi
    Reviewed on Mar 03, 2019
  • HDFC Bank Fixed Deposit
    "Good"
    HDFC BANK
    0.5 4.5/5 "Excellent!"
    I have a fixed deposit with HDFC which was started 2 years back. I have chosen it mainly for the interest rate and also its convenient to open this account online also am a salary account holder. The locking period is 5 years. I never faced issues with the customer service. They need an improvement on interest rate because I think it could be better.
    Was this review helpful? 9
    , bangalore
    Reviewed on Feb 01, 2019
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