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    HDFC Bank Fixed Deposit Rates

    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    7 Days to 10 Years
    3.50% - 8% Quarterly compounding
    Response Time Within 30 minutes
    NRI - FD
    Up to ₹1Cr
    7 Days to 10 Years
    7.25% - 7.50% Quarterly compounding
    Response Time Within 30 minutes

    HDFC Bank Fixed Deposit Rates is Rated as "Excellent!" by 296 Users

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    How to find the best rates for HDFC Bank Fixed Deposit

    HDFC Bank Limited started operating in India in 1994 and is now regarded as one of India’s largest banks. The bank, actually a subsidiary of the Indian conglomerate Housing Development Finance Corporation, has also been considered one of the country’s most trusted brands. Among the various personal banking services provided by the company are fixed deposits, which are meant for people who are looking to invest money in a safe environment that provides regular growth.

    HDFC offers fixed deposits that can be divided into 3 categories based on their tenors, or durations, short, medium and long term fixed deposits. Each of these FDs has been designed in such a way that it suits the individual needs of the depositors. The interest rates offered on these FD’s is decided by the duration of the deposits and is compounded quarterly.

    HDFC Fixed Deposit Rates

    HDFC Bank short-term fixed deposits

    Short term FDs can be deposits that are held with the bank for durations ranging from 30 days to 9 months. The lowest interest rate offered in this case is 5.50% per annum for deposits made for 30 days. For deposits made of 60 to 90 days the interest rate is 0.75% higher bringing it to 6.25% per annum. For deposits made for 120 days to 6 months the interest rates comes to 6.50% per annum, an increase of 0.25% and for FDs made for 9 months it’s still higher at 6.75% per annum.

    HDFC Bank medium and long term fixed deposits

    For medium and long term fixed deposits, FDs held for periods ranging from 1 year to 5 years, HDFC offers an interest rate of 7.25% per annum. This interest is also compounded every quarter and is 0.25% higher than the highest short term deposits.

    The updated list of HDFC Fixed Deposit Interest Rates, per specific tenures, is listed below:

    FD Rates by HDFC
    Duration of Deposit Below 1 Crore Rs. 1 Crore to 5 Crores
    7 - 14 days 3.50% 6.00%
    15 - 29 days 5.00% 6.00%
    30 - 45 days 5.50% 6.25%
    46 - 90 days 6.25% 6.25%
    91 days - less than 6 months 6.50% 6.50%
    6 months - 9 months 6.75% 6.75%
    9 mnths 1 day- 9 mnths 15 days 6.75% 7.00%
    9 months 16 days < 1 Year 7.00% 7.00%
    1 Year - 2 Years 7.25% 7.25%
    2 years - less than 3 Years 7.25% 7.25%
    3 years 7.25% 7.25%
    3 years < 5 years 7.25% 7.25%
    5 Years < 8 Years 7.25% 7.25%
    8 Years 1 Day - 10 Years 7.25% 7.25%

    *Above Interest rates are as of 09 Dec 2016

    HDFC Bank Senior Citizen FD Rates

    HDFC offers senior citizens (citizens of India above the age of 60 years) a special interest rate which is 0.5% higher than the prescribed rates. This means that on short term deposits the lowest interest rate offered is 6% per annum and the highest is 7.75% per annum.

    Customers looking for the maximum gain out of short term deposits can go in for deposits ranging from 9 months to less than a year as that offers the highest rates of interest. For those looking at medium and long term deposits, the duration is not really a factor as the interest rate for all of them remain the same. The interest rates offered by the bank are subject to change and may be changed without prior notice.

    The updated list of HDFC Senior Citizen FD Rates, per specific tenures, is mentioned below:

    Senior Citizen Fixed Deposit Interest Rates by HDFC
    Duration of Deposit Below 1 Crore Rs. 1 Crore to 5 Crores
    7 - 14 days 4.00% 6.50%
    15 - 29 days 5.50% 6.50%
    30 - 45 days 6.00% 6.75%
    46 - 90 days 6.75% 6.75%
    91 days - less than 6 months 7.00% 7.00%
    6 months - 9 months 7.25% 7.25%
    9 mnths 1 day- 9 mnths 15 days 7.25% 7.50%
    9 months 16 days < 1 Year 7.50% 7.50%
    1 Year - 2 Years 7.75% 7.75%
    3 years 7.75% 7.75%
    2 years - less than 3 Years 7.75% 7.75%
    3 years < 5 years 7.75% 7.75%
    5 Years < 8 Years 7.75% 7.75%
    8 Years 1 Day - 10 Years 7.75% 7.75%

    *Interest rates mentioned above are as of 09 Dec 2016

    Know how to Link Your KYC Dcuments to HDFC Bank Account

    News About HDFC Bank Fixed Deposit

    • HDFC Fixed Deposit Rate Change

      HDFC Bank, one of the premier financial institutions in the company recently changed the interest changes for its term deposit options. For all domestic, NRO and NRE deposit options, the tenure available is between 7 days to 10 years and interest charged on these deposits varies based on the tenure chosen by the customer. Special rates for senior citizens are also available.

      The rates have been revised and are as follows -

      Rates are the same for almost all tenures except for one.

      For a tenure between 91 days to 6 months, the interest rates have changed for deposits amount above and below Rs. 1 crore.

      For a deposit amounting to below Rs. 1 crore, the interest rate was previously 6.50% and for senior citizens, it was 7%. This rate has changed to 6.75% to 7.25% respectively.

      For a deposit amounting to Rs 1 crore and above (below Rs. 5 crore), the previous rate of interest was 6.50% to 7%. This rate has now become 6.75% to 7.25% respectively.

      1st July 2016

    • HDFC Bank Interest Rate Changes

      The long-standing directive of the Reserve Bank of India and the budget discussion have led banks to reduce the rates of credit facilities for customers. Banks have accordingly taken measures to either hike rates or lower some for different tenures of fixed deposits.

      One of India’s finest banking and financial services company HDFC offers customized fixed deposits, with competitive interest rates, to suit the needs of the depositor. When it comes to HDFC term deposits, tenures of 30 days to 45 days will be earning an interest rate of 5.50% (regular fixed deposits) and 6% (senior citizens) per annum for deposit below Rs 1 crore. In case of term deposits of more than Rs 1 crore to Rs 5 crore, the interest rate computed is 6.25% (regular term deposits) and 6.75% (deposits for senior citizens) per annum.

      For the next slot of tenures - 1 year; 1 year 1 day to 1 year 3 days; 1 year 4 days; 1 year 5 days to 1 year 15 days; 1 year 16 days; 1 year 17 days to 2 years; 2 years 1 day to 2 years 15 days; 2 years 16 days; 2 years 17 days to 3 years; and 3 years 1 day to 5 years, the advertised rate of interest is 7.50% (regular deposits) and 8% (senior citizens deposits) per annum for below Rs 1 crore deposits. The rates of interest for the same tenures for deposits worth Rs 1 crore and up to Rs 5 crore are 7.50% (regular) and 8% (senior citizens) per annum. Interest rates of 7.25% (regular deposits) and 7.75% (senior citizens deposits) per annum for time period of 5 years 1 day to 8 years are applicable for deposits worth less than Rs 1 crore and above Rs 1 crore and up to Rs 5 crore, respectively.

      1st April 2016

    • HDFC Bank Fixed Deposit Rates

      As per the directive of the Reserve Bank of India, HDFC Bank has dealt cuts to the interest rates of its products owing to the repo rate reduction. Its deductions, though fractional, have been consistent regarding its interest rates. While savings accounts have not been affected in any major way, the traditional investment tool of fixed deposits has witnessed interest downsizing.

      The third month of the last quarter of 2015, December, has seen the lowest interest rate of 3.50% per annum for fixed deposits with HDFC Bank. This interest rate applicable for deposit tenures of 9 months 16 days and 9 months 17 days to less than 1 year for deposits less than Rs 1 crore and Rs 1 crore to Rs 5 crore are 7.50% (regular deposit) and 8% (senior citizens deposit) respectively. For the tenures 1 year 1 day - 1 year 3 days; 1 year 4 days; 1 year 5 days - 1 year 15 days; and 2 years 17 days - 3 years, the rates of interest are 7.65% (regular deposit) and 8.15% (senior citizens deposit) for the less than Rs 1 crore deposit.

      In case of the term deposit Rs 1 crore till Rs 5 crore, the interest rates remain the same for tenures 1 year 1 day - 1 year 3 days; 1 year 4 days; 1 year 5 days - 1 year 15 days; and 2 years 17 days - 3 years, at 7.50% (regular deposit) and 8% (senior citizens deposit).

      16th December 2015

    • HDFC Bank Fixed Deposit Rates Change

      The base rate changes of most banks post the repo rate drop by the Reserve Bank of India have affected the interest rates of almost all products offered by banks. Fixed deposit accounts from HDFC Bank haven’t stayed immune to this change either.

      HDFC Bank has apparently done away with almost all short term deposits that dealt with tenures less than a year. For all other tenures that max out at 5 years, income options have been included that makes fixed deposits from this bank have an added advantage for home makers and elderly people. Periods of 15 months now have an interest rate of 8.35%, 22 months tenure have an interest rate of 8.40% and similar rates are applicable for tenures of 30 months and 44 months respectively. The highest interest rate currently on offer from HDFC Bank on fixed deposits is 8.66% under the Double Money Plan.

      10th September 2015

    • Fixed Deposits with HDFC might see Lower Rates

      There have been many banks who have taken to slashing their base rates in accordance with the repo rate reduction by the Reserve Bank of India, but HDFC Bank seemingly has brought its base rate to an all-time low at 9.35% from its 9.7%, while the fixed deposits at the private bank will still continue to earn interest at a rate of 8.2% at the highest.

      With reduction in base rates, banks have also decreased the rate of interest on fixed deposits in a subsequent move, and a similar trend might be followed by HDFC after taking all the pros and cons of the market situation into account. But as of now, HDFC has upped the ante by being the lender with the lowest rates and higher returns on fixed deposits.

      2nd September2015

    • HDFC slashes fixed deposit rate by up to 25 bps

      In a move that may pave way for lower lending rates, HDFC and ICICI Banks have cut their fixed deposit rates on select maturities by up to 0.25% on Monday.

      HDFC Bank lowered its fixed deposits rates by 25 basis points for deposits ranging from Rs.1 to 5 crores and above. Axis Bank was one of the major banks to cut its rate by up to 0.25% after the central bank announced repo cut on March 4. The State Bank of India, the country’s largest bank, has however, not hinted at any cut in interest rates so far.

      30th March 2015

    • HDFC fixed deposits returns go under 9 percent

      HDFC Bank has slashed its current fixed deposit interest rates- per the new structure, your fixed deposit will now fetch you under 9% returns. In terms of the exact figures, HDFC Bank has cut the fixed deposit interest rates by up to 50 basis points on most of its deposits. This means the best returns on your fixed deposit will fetch you a maximum of just 8.75% and that too for deposits tenured above one year. The new interest rate cuts will be applicable from this week. The bank validates this move as a step to boost the liquidity or hard cash crunch in the current low spending economy.

      5th December 2014

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