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    HDFC FD Interest Rates
     and 2 other FDs
    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    7 Days to 10 Years
    3.5% - 7.45% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year to 10 Years
    6% - 6.95% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.49% - 8.19% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.5% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    HDFC FD Interest Rates is Rated as "Excellent!" by 311 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Fixed Deposit BYTES FROM OUR KITCHEN

    HDFC FD Interest Rates

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

    The updated list of hdfc fd rates, per specific tenures, is listed below:

    Tenure Regular FD Rates Senior Citizen FD Rates
    7 - 14 days 3.50% 4.00%
    15 - 29 days 4.25% 4.75%
    30 - 45 days 5.50% 6.00%
    46 - 60 days 5.75% 6.25%
    61 - 90 days 5.75% 6.25%
    91 days - 6 months 5.75% 6.25%
    6 months 1 day- 6 months 3 days 6.00% 6.50%
    6 months 4 days 6.00% 6.50%
    6 months 5 days- 9 months 6.00% 6.50%
    9 months 1 day- 9 months 3 days 6.00% 6.50%
    9 months 4 days 6.00% 6.50%
    9 months 5 days - 9 months 15 days 6.00% 6.50%
    9 months 16 days 6.25% 6.75%
    9 months 17 days < 1 Year 6.25% 6.75%
    1 Year 6.75% 7.25%
    1 year 1 day - 1 year 3 days 6.75% 7.25%
    1 year 4 days 6.25% 6.75%
    1 year 5 days - 1 Year 15 Days 6.25% 6.75%
    1 Year 16 days 6.25% 6.75%
    1 year 17 days - 2 Years 6.25% 6.75%
    2 years 1day - 2 Years 15 days 6.00% 6.50%
    2 Years 16 days 6.00% 6.50%
    2 years 17 days - 3 Years 6.00% 6.50%
    3 years 1day - 5 years 6.00% 6.50%
    5 Years 1 Day - 8 Years 6.00% 6.50%
    8 Years 1 Day - 10 Years 6.00% 6.50%

    *Above Interest rates are as of 26 Sep 2017

    HDFC Bank Short Term Fixed Deposits

    Minimum and Maximum HDFC Bank fd interest rates 2017 for Regular and Senior Citizen
    HDFC Bank FD Rates

    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 5.5% per annum for deposits made for 30 days. For deposits made of 60 to 90 days the interest rate is.25% higher bringing it to 6.9% 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 FD 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, FD held for periods ranging from 1 year to 5 years, HDFC offers an interest rate of 6% - 6.9% per annum.

    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 0.50% 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 7.45% 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.

    How to Calculate FD Interest Rate in HDFC Bank

    HDFC is one of India’s top banks that has a nationwide network. HDFC offers a wide range of fixed deposit (FD) schemes at competitive interest rates. At present, the rate of interest on term deposits is 6.80% for funds less than Rs.1 crore, invested for a period of 1 year. One can easily calculate interest rates by using the online HDFC fixed deposit rates calculator. The maturity amount and the total interest earned can be calculated by filling in details such as investment amount, type of FD, and tenure of investment.

    While calculating the amount that will be paid upon maturity, there are many factors that are taken into consideration.

    Factors influencing the maturity amount:

    • The principal amount invested
    • Interest rate offered
    • Term of deposit
    • The compounding interest frequency
    • Tax deduction

    HDFC FD Calculator

    Let us understand how interest is calculated on an HDFC fixed deposit. For example, for an investment amount of Rs.1 lakh, an interest rate of 6.80%, and tenure of 1 year, the maturity amount will be approximately around Rs.106, 975. This is if the interest is compounded on an annual basis. Therefore, the aggregate interest earned on the principal is Rs.6,975.

    If the interest is compounded on a quarterly basis for the same principal amount, interest rate and tenure, the total interest earned will amount to Rs.6,800.

    This can be calculated by multiplying the principal amount by the rate of interest and taking into consideration the tenure.

    By doing this calculation, one can easily get to know the total amount of interest earned on the principal invested.

    In case of a monthly payout scheme, for an investment amount of Rs.1 lakh, an interest rate of 6.80%, and tenure of 1 year, the interest earned will be Rs.6,761.

    HDFC makes interest payments at regular intervals for all non-cumulative deposits. Interest will be paid on a monthly basis, quarterly or half-yearly basis depending on the type of scheme purchased and the mode of interest payment preferred by the customer.

    In case of a cumulative fixed deposit account, the payment of interest is made at the time of maturity along with the principal amount.

    * Interest rates may vary and can be changed, depending on the discretion of the bank. All interest rates will differ for senior citizens.

    Know how to Link Your KYC Dcuments to HDFC Bank Account

    News About HDFC Bank Fixed Deposit

    • HDFC Slashes Interest Rates for Fixed Deposits by 25 Basis Points

      HDFC Bank has reduced term deposit interest rates by 25 basis points for deposits with a 2 year maturity below Rs.5 crore. The revised rate of interest stands at 6%.

      These rates are lower than those offered by State Bank of India, which pays out 6.7% for deposits lower than Rs.1 crore with a 3 year maturity. SBI pays an interest of 6.85% for deposits with a 2 year maturity.

      HDFC Bank had cut rates for deposits above Rs.5 crore earlier, with the new rate paid out being 5%.

      A number of banks have cut their interest rate for fixed deposits in the week. IDBI Bank, Kotak Mahindra as well as ICICI Bank also reduced interest rates for bulk deposits.

      ICICI reduced the rates for deposits between Rs.1 crore and Rs.25 crore with 1 and 2 year maturities from 6.25% to 6.10%.

      Kotak Mahindra reduced rates for deposits between Rs.1 crore and Rs.10 crore with 1 year maturity to 6.25% from the earlier 6.35%.

      23rd January 2017

    • 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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  • HDFC Bank Fixed Deposit Reviews

    • HDFC Bank Fixed Deposit
      "Its Convenient"
      0.5 5.0/5 "Blown Away!"
      I have taken Fixed deposit from HDFC, I have invested Rs. 10 Lakhs for the tenure of one year, I went to the branch and opened the FD account, my relationship manager helped to open it within two days of time. They are providing 7.5% of interest of one year but I could withdrawal it anytime but some charges applicable.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 20, 2017
    • HDFC Bank Fixed Deposit
      "Good for deposits "
      0.5 5.0/5 "Blown Away!"
      We can save and have fixed deposit with less rate of interest in HDFC bank they give benifiatials based on the amount that we deposit .We can with draw and the interest will be added with the minimal balance .I have been using this bank services for a longer time its good i with draw when i need with out any hassle .
      Was this review helpful? 0
      , gurgaon
      Reviewed on Sep 16, 2017
    • HDFC Bank Fixed Deposit
      "Banking is good"
      0.5 4.5/5 "Excellent!"
      Very easy to bank with HDFC bank as I hold my salary account with them and I know how the bank functions. The bank executives treat you well. One can place the request for liquidation online and it hardly takes about 2 to 3 days of time for the liquidation.
      Was this review helpful? 0
      , jaipur
      Reviewed on Sep 12, 2017
    • HDFC Bank Fixed Deposit
      "Excellent "
      0.5 5.0/5 "Blown Away!"
      I am having the fixed deposit account with the HDFC bank for the last one year of time.Rate of interest is lesser one, also the customer service is very good. Response is very fine one for me like it took only half an hour of time to open the account.
      Was this review helpful? 0
      , lucknow
      Reviewed on Aug 26, 2017
    • HDFC Bank Fixed Deposit
      "Average service"
      0.5 3.0/5 "Satisfactory"
      I have opened a Fixed deposit account with 50lakhs from HDFC bank. The customer service is not up to the mark. There was no personalize service is available with HDFC bank.The customer service need to be customer centric in future. The rate of interest is nominal with Hdfc bank. I would like to suggest HDFC bank to focus on their service.
      Was this review helpful? 0
      , vadodara
      Reviewed on Aug 11, 2017
    • HDFC Bank Fixed Deposit
      "Good return"
      0.5 4.0/5 "Great!"
      I had fixed deposit with HDFC, I got the additional benefits I could withdraw the amount without any charges, I have invested the amount of Rs.3 lakhs for the tenure of 2.5 years. I closed the FD within one and half y ear, they gave me special interest rate around 8% .
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 03, 2017
    • HDFC Bank Fixed Deposit
      "If you have it, use it"
      0.5 3.0/5 "Satisfactory"
      I am having fixed deposit account with the HDFC bank and am using it from the last one year of time. Service aspects are really alright one with them. Rate of interest is fine one for me till now. Minimum lock in period could be around three months of time and I used to do it through online mode.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 03, 2017
    • HDFC Bank Fixed Deposit
      "Go ahead with your choice"
      0.5 4.0/5 "Great!"
      I have the fixed deposit account with the HDFC bank and I been with them from the last three to four years of time. The rate of interest was reduced as of now but I have got it as fixed. Customer service and other things are really okay and I have not interacted with them.
      Was this review helpful? 1
      , chennai
      Reviewed on Jul 06, 2017
    • HDFC Bank Fixed Deposit
      "Best"
      0.5 4.0/5 "Great!"
      I do have fixed deposit account with the HDFC bank and the interest rate is common one with every bank like it used to get varied up to 0.5% . Penalty charges are nil with them for the premature withdraw, which is the really good one.
      Was this review helpful? 5
      , chennai
      Reviewed on Jun 22, 2017
    • HDFC Bank Fixed Deposit
      "Excellent "
      0.5 5.0/5 "Blown Away!"
      I am having the fixed deposit account with the HDFC bank and the services are always an excellent one. I have opened the account on immediate basis like everything used to get happened in instant way. Rate of interest is around 6.5% and the response is an excellent one.
      Was this review helpful? 1
      , mumbai
      Reviewed on Jun 09, 2017
    • HDFC Bank Fixed Deposit
      "Excellent to Excellent"
      0.5 5.0/5 "Blown Away!"
      I do have the fixed deposit account with the HDFC bank and the interest rate is differed according to the offers. All of my deposits will be taken care by my relationship manager. Total tenure is around five years of time and its a kind of small deposits. Net banking services are an excellent one with them.
      Was this review helpful? 3
      , bangalore
      Reviewed on Apr 26, 2017
    • HDFC Bank Fixed Deposit
      "My FD"
      0.5 5.0/5 "Blown Away!"
      I had invested in FD with HDFC. The benefits what I get here is huge. I never used to visit the branch . I had got a phone call from them immediately they had sent their representative for the same. He helped me in filling the form and I do have online access and I view all the FD information online itself
      Was this review helpful? 3
      , kolkata
      Reviewed on Apr 20, 2017
    • HDFC Bank Fixed Deposit
      "My FD"
      0.5 5.0/5 "Blown Away!"
      Only for a short span of time I had invested in HDFC FD say for example 10 days or 15 days, for safety purpose I invested here and later withdraw dont have to worry about my balance on my ATM. I do this deposit frequently yearly do I it up to 6 to 7 times. online I had opted for this FD
      Was this review helpful? 10
      , bangalore
      Reviewed on Feb 23, 2017
    • HDFC Bank Fixed Deposit
      "Fixed deposit is fine"
      0.5 4.0/5 "Great!"
      HDFC Fixed deposit is fine I had never interacted with their executive everything was done online. It hardly took around 5 minutes for me to open the FD. online I am ale to renew the FD and everything is online . Interest rate is the best 6.75% it varies according to the tenure online is recommendable manual payment option is not recommendable.
      Was this review helpful? 5
      , hyderabad
      Reviewed on Jan 06, 2017
    • HDFC Bank Fixed Deposit
      "Grow with hdfc"
      0.5 5.0/5 "Blown Away!"
      Normally, Rate of interest wont play much role for my fixed deposit account with HDFC bank. I can mention trust and loyalty are the major perspective there. There is no minimum lock in period with the HDFC bank for the fixed deposit, so accessibility is smoother one with them. Internet banking and other rendered services are really working fine.
      Was this review helpful? 2
      , gurgaon
      Reviewed on Dec 10, 2016
    • HDFC Bank Fixed Deposit
      "Good saivngs account for customer"
      0.5 5.0/5 "Blown Away!"
      With HDFC Bank we cannot earn good interest when ti comes to FD. Though their lending rates are very high. When it comes to FD the interest rate what they provide is too low. It hardly takes about 2 minutes to open this account. There is no preclosure charges which is applicable and it is very minor too.
      Was this review helpful? 3
      , shimla
      Reviewed on Nov 28, 2016
    • HDFC Bank Fixed Deposit
      "Marvelleous service"
      0.5 5.0/5 "Blown Away!"
      Even FD with HDFC Bank is marvelous. Online I had raised a request for the closure and the funds were transferred to my account immediately. Over and above they did not charge anything for the foreclosure . This FD is one year old I can close it any time after 6 months.
      Was this review helpful? 5
      , new delhi
      Reviewed on Nov 26, 2016
    • HDFC Bank Fixed Deposit
      "Easy FD"
      0.5 5.0/5 "Blown Away!"
      I got my bonus from my company and want to invest the same in Fixed Deposit. Thorough net banking it takes only a minute to open FD for me. It was just awesome saves my time. The online banking service of the hdfc bank is just mindd blowing and time saving. Thanks
      Was this review helpful? 6
      , thane
      Reviewed on Oct 03, 2016
    • HDFC Bank Fixed Deposit
      "Convenient process"
      0.5 5.0/5 "Blown Away!"
      HDFC Bank has given their customers the liberty to open a fixed deposit online and even to close it as per the customers convenience. The rate of interest was good. Likewise they are not high on charges. The best is, I do not have to visit the bank for anything.
      Was this review helpful? 10
      , salem
      Reviewed on Oct 01, 2016
    • HDFC Bank Fixed Deposit
      "Lower rate"
      0.5 5.0/5 "Blown Away!"
      As the returns were not that great also I found the interest rate was lower than other banks. I had actually shifted the amount which has got matured to another bank where I get an attractive rate of interest. No other facilitates were offered by HDFC Bank.
      Was this review helpful? 7
      , kolkata
      Reviewed on Aug 27, 2016
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