HDFC Bank Fixed Deposit Rates 2026

HDFC Bank's senior citizen FD rates apply only to resident individuals aged 60 years and above; this additional rate does not apply to NRI deposits. 

HDFC Bank Domestic FD Rates: (Above Rs.3 crore to less than Rs.5 crore) 

Here are HDFC Bank FD rates for deposits of more than Rs.3 crore to less than Rs.5 crore:  

Note: Rates are effective from 7 March 2026 and can change from time to time. 

Features and Benefits of HDFC Fixed Deposits

• A fixed deposit gives you guaranteed returns.
• When you have a savings account with HDFC, you can easily open a fixed deposit and do not have to worry about the amount until it matures.
• If you choose a fixed deposit with a reinvestment option, you can easily benefit from the compound interest and earn interest on the principal amount and also the interest that you earn.
• If you want to get a regular income, you can always choose for monthly or quarterly interest pay-outs.
• If you want to save tax, you can choose the five year tax saving fixed deposit, and benefit from the exemptions under Section 80c.

 HDFC Bank NRE FD Rates

HDFC fixed deposit rates for NRE customers are listed in the table below: 

Senior citizen rates do not apply to NRI deposits, including NRE fixed deposits. 

Note: New rates are effective from 19 August 2026 and can change from time to time. The minimum tenor for an NRE FD is one year. 

HDFC Bank FCNR Deposit Rates

The interest rates for HDFC FCNR are listed in the table below: 

Note: New rates are effective from 1 September 2026.

Types of HDFC Fixed Deposits and Their Features

• Regular Fixed Deposits
  • You can easily make an investment and these have high flexibility, and security.
  • Senior citizens get a higher rate of interest.
  • This higher rate applies only to resident individuals aged 60 years and above. 
  • You can open a deposit via NetBanking and choose for monthly or quarterly payouts.
• HDFC Bank SureCover FD
  
  • You can avail combined benefits of a fixed deposit and life insurance cover equivalent to the fixed deposit principal for the first year.
  • The minimum deposit amount is Rs.2 lakh and the maximum deposit amount is Rs.10 lakh.
  • You can avail flexible tenures ranging from 1 year to 10 years.
  • You can get an instant overdraft of up to 90% of the amount of your fixed deposit.
  • The interest rates are generally the same as a regular fixed deposit, though certain tenures (such as 18 to 21 months) may carry a higher rate under this scheme.
  • HDFC Bank SureCover FD is open only to resident individuals aged 18 to 50 years. 
• Five Year Tax Saving Fixed Deposit
  • The minimum deposit amount is Rs.100 and multiples of Rs.100
  • The maximum deposit amount is Rs.1.5 lakh in a financial year.
  • The tenure is a lock-in period of 5 years.
  • If you have joint deposits, the tax benefit under Section 80c will be available to the first holder.
  • TDS will be deducted when the interest payable or reinvested exceeds Rs.50,000 (Rs.1,00,000 for senior citizens) in one financial year (as of April 2025).
  • TDS Certificate will be mailed to you after end of every quarter during the financial Year providing the details of TDS deducted during the quarter.
• FCNR Deposits
  • You can open fixed deposit in any of these foreign currencies - US Dollars, Pounds Sterling, Euro, Japanese Yen, Australian Dollars, Canadian Dollars
  • You get tax exemption on the deposit amount
  • You can open the deposit jointly with NRIs
  • Avail of the nomination facility
• Overdraft Against Fixed Deposits
  • You can avail up to 90% overdraft on your HDFC fixed deposit. 
  • The minimum amount of deposit is Rs.25,000 for a minimum tenure of 6 months 1 day to get the overdraft against FD/Super Saver facility
  • You can get overdraft against FD/Super Saver facility on deposit held in single name via NetBanking
• Non-withdrawable Deposits
  • Premature or partial withdrawal of the fixed deposit is not allowed
  • You can opt for quarterly or monthly interest pay outs

Eligibility Criteria to Open a Fixed Deposit with HDFC

• Residents
• Hindu undivided families
• Sole proprietorship firms
• Partnership firms
• Limited companies
• Trust accounts

Documents Required to Open an HDFC Fixed Deposit

• Aadhaar card
• Voter ID
• PAN card
• Driving Licence
• Ration card with photo
• Any government-issued ID card
• Passport
  

How to Invest in HDFC FD  

You can open a fixed deposit with HDFC Bank online as well as offline. The steps to invest in HDFC fixed deposit online are as follows: 

Step 1: Visit the official website of HDFC Bank.

Step 2: Log into your net banking account. 

Step 3: Select the ‘Open Fixed Deposits’ option under the ‘TRANSACT’ section.  

Step 4: Choose the branch and enter the required amount and tenure. 

Step 5: Assign a nominee. 

Step 6: Click on the ‘Continue’ option and confirm. 

Step 7: The fixed deposit receipt will be instantly available for download.  

If you hold an account with HDFC Bank and want to book an FD offline, you can visit the nearest HDFC Bank branch. Request an FD application form, enter the requested information, and submit it to the bank.  

If you do not have an HDFC Bank savings account, you will need to submit documents such as proof of address, proof of identity, and complete the KYC process. The above documents must be submitted with a completed and signed application form. 

Taxes on HDFC Bank Fixed Deposits

You are liable to pay taxes on the interest income you receive from a fixed deposit. The interest income contributes to your overall tax obligation. Additionally, you need to be aware that interest from FDs is essentially added to your yearly income. Your tax bracket is calculated by considering your overall income. Since interest from fixed deposits is regarded as ‘income from other sources,’ it is taxable under TDS. The TDS is taken out immediately after the interest income is credited into your account. Here are a few points regarding tax on fixed deposits:

• Under the new tax regime (the default option), you pay no tax on total income - including FD interest - up to Rs.12 lakh (Rs.12.75 lakh for salaried individuals, after the standard deduction), thanks to the Section 87A rebate; under the old regime, the basic exemption limit remains Rs.2.5 lakh. However, you may be asked to submit Form 15G or 15H for claiming deductions.
• Your annual interest income from all fixed deposits is exempt from taxes if it doesn't exceed Rs.50,000 (as of April 2025).
• A TDS of 10% will be applicable on the annual interest income of more than Rs.50,000 (as of April 2025). Additionally, the bank may deduct 20% TDS for individuals who do not have a PAN card.

HDFC Fixed Deposit - Premature Withdrawal

An Interest rate will be applicable for premature closure and this will be the lower amount of either of these:

• The base rate for the original tenure of the deposit
• The base rate which is applicable for the tenure for which deposit has been with the bank

The base rate will be applicable to all deposits amounting to less than Rs.2 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.

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 have to do is visit the online HDFC FD calculator to know the amount you can earn after maturity.

HDFC calculates interest as simple interest on deposits held for six months or less. For longer tenures, interest is compounded quarterly under the reinvestment option, while the monthly pay-out option calculates interest quarterly and pays it out every month at a discounted rate. 

Loan Against HDFC Fixed Deposits  

HDFC Bank allows you to meet your unexpected financial requirements without having to break your FD. Take a look at a few pointers regarding loans against fixed deposits: 

• Obtain an overdraft on your FD of up to 90%. 
• Resident individuals, public and private limited companies, and HUFs are eligible to avail this facility.  
• To use the Overdraft against FD/Super Saver facility, the minimum FD amount is Rs.25,000 for a minimum tenure of 6 months 1 day. 
• This facility is available on fixed deposits held in a single name. 

• You can cancel your overdraft against your fixed deposit through net banking.  
• The repayment with interest is only on the amount withdrawn, with interest still accruing on the balance of your fixed deposit. 
• Your fixed deposit can be linked to either a savings account or a current account. 
• Before the deposit matures, the deposit term, payment instructions, rollover mode, and maturity can be altered. 

Summary 

HDFC Fixed Deposit offers tenures from 7 days to 10 years, with separate rate slabs for domestic, NRE and FCNR deposits and an extra premium for resident senior citizens on most tenures. Choose from regular, SureCover, tax-saving, NRI and foreign-currency FD variants, with an overdraft facility available against your deposit if you need funds before maturity. Compare the latest HDFC Bank FD rates above and open your fixed deposit online or at a branch.