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 FD interest rate of 5.60% p.a. for a tenure ranging between more than 5 years and 10 years. Senior citizens enjoy an additional rate of interest of 0.50% p.a. for tenures of 7 days to 5 years. For a tenure of more than 5 years and up to 10 years, senior citizens are eligible for an additional rate of 0.75% p.a.
| Period | General Public Rates (p.a.) | Senior Citizens Rates (p.a.) |
|---|---|---|
| 7 days to 14 days | 2.50% | 3.00% |
| 15 days to 29 days | 2.50% | 3.00% |
| 30 days to 45 days | 3.00% | 3.50% |
| 46 days to 60 days | 3.00% | 3.50% |
| 61 days to 90 days | 3.00% | 3.50% |
| 91 days to 6 months | 3.50% | 4.00% |
| 6 months 1 day to 9 months | 4.40% | 4.90% |
| 9 months 1 day to less than 1 year | 4.40% | 4.90% |
| 1 year | 4.90% | 5.40% |
| 1 year 1 day to 2 years | 5.00% | 5.50% |
| 2 years 1 day to 3 years | 5.20% | 5.70% |
| 3 years 1 day to 5 years | 5.40% | 5.90% |
| 5 years 1 day to 10 years | 5.60% | 6.35% |
*New rates are effective from 1 January 2022 and can change from time to time.
| Period | General Public Rates (p.a.) | Senior Citizens Rates (p.a.) |
|---|---|---|
| 7 days to 14 days | 2.50% | 3.00% |
| 15 days to 29 days | 2.50% | 3.00% |
| 30 days to 45 days | 2.75% | 3.25% |
| 46 days to 60 days | 2.75% | 3.25% |
| 61 days to 90 days | 3.00% | 3.50% |
| 91 days to 6 months | 3.00% | 3.50% |
| 6 months 1 day to 9 months | 3.50% | 4.00% |
| 9 months 1 day to less than 1 year | 3.65% | 4.15% |
| 1 year | 3.75% | 4.25% |
| 1 year 1 day to 2 years | 3.75% | 4.25% |
| 2 years 1 day to 3 years | 4.40% | 4.90% |
| 3 years 1 day to 5 years | 4.40% | 4.90% |
| 5 years 1 day to 10 years | 4.40% | 5.15% |
*New rates are effective from 1 January 2022 and can change from time to time.
Get risk-free returns with our instant, paperless Fixed Deposits. Explore Fixed Deposits
| Period | 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.50 cr | Rs.50 cr & Above |
|---|---|---|---|---|---|---|
| 7 days to 14 days | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% |
| 15 days to 29 days | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% |
| 30 days to 45 days | 2.75% | 2.50% | 2.75% | 2.50% | 2.75% | 2.75% |
| 46 days to 60 days | 2.75% | 2.50% | 2.75% | 2.50% | 2.75% | 2.75% |
| 61 days to 90 days | 3.00% | 2.75% | 3.00% | 2.75% | 3.00% | 3.00% |
| 91 days to less than or equal to 6 months | 3.25% | 2.75% | 3.25% | 2.75% | 3.25% | 3.25% |
| 6 months 1 day to less than or equal to 9 months | 3.50% | 3.00% | 3.50% | 3.00% | 3.50% | 3.50% |
| 9 months 1 day to less than to 1 year | 3.65% | 3.00% | 3.65% | 3.00% | 3.65% | 3.65% |
| 1 year to 2 years | 4.00% | 3.20% | 4.00% | 3.20% | 4.00% | 4.00% |
| 2 years 1 day to 3 years | 4.50% | 3.20% | 4.50% | 3.20% | 4.50% | 4.50% |
| 3 years 1 day to 5 years | 4.60% | 3.20% | 4.60% | 3.20% | 4.60% | 4.60% |
| 5 years 1 day to 10 years | 4.60% | 3.20% | 4.60% | 3.20% | 4.60% | 4.60% |
*New rates are effective from 1 January 2022 and can change from time to time.
Experience Fixed Deposit Calculator Online: FD Calculator
| Period | 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.50 cr | Rs.50 cr & Above |
|---|---|---|---|---|---|---|
| 91 days to less than or equal to 6 months | 3.75% | 3.75% | 3.75% | 3.75% | 3.75% | 3.75% |
| 6 months 1 day to less than or equal to 9 months | 4.00% | 4.00% | 4.00% | 4.00% | 4.00% | 4.00% |
| 9 months 1 day to less than to 1 year | 4.15% | 4.15% | 4.15% | 4.15% | 4.15% | 4.15% |
| 1 year to 2 years | 4.55% | 4.55% | 4.55% | 4.55% | 4.55% | 4.55% |
| 2 years 1 day to 3 years | 4.60% | 4.60% | 4.60% | 4.60% | 4.60% | 4.60% |
| 3 years 1 day to 5 years | 4.70% | 4.70% | 4.70% | 4.70% | 4.70% | 4.70% |
| 5 years 1 day to 10 years | 4.70% | 4.70% | 4.70% | 4.70% | 4.70% | 4.70% |
*New rates are effective from 1 January 2022 and can change from time to time.
| Period | GBP | USD | Euro | JPY | AUD | CAD |
|---|---|---|---|---|---|---|
| 1 year | 0.25% | 0.01% | 0.01% | 0.01% | 0.01% | 0.30% |
| 1 year to 2 years | N/A | 0.01% | N/A | N/A | 0.01% | 0.30% |
| 2 years to 3 years | N/A | 0.50% | N/A | N/A | 0.50% | 0.75% |
| 3 years to 4 years | N/A | 0.80% | N/A | N/A | 1.00% | 1.10% |
| 4 years to 5 years | 1.00% | 0.45% | N/A | N/A | 1.35% | 1.30% |
| 5 years only | N/A | 1.10% | N/A | N/A | 1.45% | 1.30% |
| Period | GBP | USD | Euro | JPY |
|---|---|---|---|---|
| Less than 29 days | 0.01% | 0.01% | 0.01% | 0.01% |
| 30 days to 3 months | 0.01% | 0.01% | 0.01% | 0.01% |
| 3 months 1 day to 1 year | 0.01% | 0.01% | 0.01% | 0.01% |
| 1 year to 2 years | 0.01% | 0.01% | 0.01% | 0.01% |
| 2 years to 3 years | 0.01% | 0.50% | 0.01% | 0.01% |
| 3 years only | 0.01% | 0.80% | 0.01% | 0.01% |
HDFC Bank has extended the validity of the special FD scheme that is offered to senior citizens until 30 September 2021. Earlier, the scheme was valid until 30 November 2021. An additional interest rate of 0.25% is offered under the scheme. The additional interest rate is above the current 0.50% premium that is offered. The scheme was introduced in May 2020 and is valid for a tenure that ranges between 5 years one day and 10 years. The scheme is only valid for deposits that are below Rs.5 crore.
An Interest rate will be applicable for premature closure and this will be the lower amount of either of these:
The base rate will be applicable to all deposits amounting to less than Rs.1 crore on the date of booking your deposit. For all deposits that are more than Rs.5 crores, the base rate will be for Rs.5 crore as on the date of booking your deposit. For premature withdrawals, like sweep-ins and also partial withdrawals, HDFC Bank will levy a penalty of 1%. The penalty for premature withdrawal will not be applicable for any fixed deposits that are booked for a tenor of 7 days to 14 days.
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.
The highest rate for the general public is 5.5% and for senior citizens, it is 6.25%.
You can refer the table above to see the current HDFC Bank FD interest rates 2021. The interest rate ranges from 2.50% to 5.50%.
You can check the total amount you have yielded by calculating the same using the interest rates from the above tables.
You cannot change the tenure; however, you can close the existing account and open a new with a tenure of your choice.
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.
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.
Yes, you need to submit KYC documents for a FD account with HDFC bank.
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.
A PAN is mandatory to open or operate an HDFC FD account. If you do not have a PAN, then your:
Form 15G/15H needs to be submitted at the beginning of each financial year.
To book a HDFC FD via SMS, you need to send a text message to 5676712 after typing ‘BOOKFD’. On doing so, a FD will be booked with Rs.5000 for 12 months by default. In case, you want to book a FD with a different amount for a period of 12 months, you need to type BOOKFD (Amount) and for booking the FD for a mentioned amount and tenure you must type BOOKFD (Amount) and send to 5676712.
A term deposit account with HDFC Bank can be opened by:
Yes. HDFC Bank offers you the option of booking the five-year tax saving fixed deposit with the monthly or quarterly payout option.
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