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 5.50% 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.
Below are the Domestic/NRO/NRE Term Deposits interest rates below Rs.2 crore
| Period | General Public |
|---|---|
| 7 days to 14 days | 2.50% |
| 15 days to 29 days | 2.50% |
| 30 days to 45 days | 3.00% |
| 46 days to 60 days | 3.00% |
| 61 days to 90 days | 3.00% |
| 91 days to 6 months | 3.50% |
| 6 months 1 day to 9 months | 4.40% |
| 9 months 1 day to less than 1 year | 4.40% |
| 1 year | 4.90% |
| 1 year 1 day to 2 years | 4.90% |
| 2 years 1 day to 3 years | 5.15% |
| 3 years 1 day to 5 years | 5.30% |
| 5 years 1 day to 10 years | 5.50% |
*New rates are effective from 13 November 2020 and can change from time to time.
Given below are the Domestic/NRO/NRE Term Deposits interest rates for senior citizens for deposits of less than Rs.2 crore
| Period | Senior Citizens Rates (p.a.) |
|---|---|
| 7 days to 14 days | 3.00% |
| 15 days to 29 days | 3.00% |
| 30 days to 45 days | 3.50% |
| 46 days to 60 days | 3.50% |
| 61 days to 90 days | 3.50% |
| 91 days to 6 months | 4.00% |
| 6 months 1 day to 9 months | 4.90% |
| 9 months 1 day to less than 1 year | 4.90% |
| 1 year | 5.40% |
| 1 year 1 day to 2 years | 5.40% |
| 2 years 1 day to 3 years | 5.65% |
| 3 years 1 day to 5 years | 5.80% |
| 5 years 1 day to 10 years | 6.25% |
*New rates are effective from 13 November 2020 and can change from time to time.
Given below are the Domestic/NRO/NRE Term Deposits interest rates for general public for deposits of more than Rs.2 crore and less than Rs.5 crore
| Period | General Public |
|---|---|
| 7 days to 14 days | 2.50% |
| 15 days to 29 days | 2.50% |
| 30 days to 45 days | 2.75% |
| 46 days to 60 days | 2.75% |
| 61 days to 90 days | 3.00% |
| 91 days to 6 months | 3.00% |
| 6 months 1 day to 9 months | 3.50% |
| 9 months 1 day to less than 1 year | 3.65% |
| 1 year | 3.75% |
| 1 year 1 day to 2 years | 3.75% |
| 2 years 1 day to 3 years | 4.25% |
| 3 years 1 day to 5 years | 4.25% |
| 5 years 1 day to 10 years | 4.25% |
*New rates are effective from 13 November 2020 and can change from time to time.
Given below are the Domestic/NRO/NRE Term Deposits interest rates for general public for deposits of more than Rs.2 crore and less than Rs.5 crore
| Period | Senior Public |
|---|---|
| 7 days to 14 days | 3.00% |
| 15 days to 29 days | 3.00% |
| 30 days to 45 days | 3.25% |
| 46 days to 60 days | 3.25% |
| 61 days to 90 days | 3.50% |
| 91 days to 6 months | 3.50% |
| 6 months 1 day to 9 months | 4.00% |
| 9 months 1 day to less than 1 year | 4.15% |
| 1 year | 4.25% |
| 1 year 1 day to 2 years | 4.25% |
| 2 years 1 day to 3 years | 4.75% |
| 3 years 1 day to 5 years | 4.75% |
| 5 years 1 day to 10 years | 5.00% |
*New rates are effective from 13 November 2020 and can change from time to time.
| 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 14 days | 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% |
| 30 days to 45 days | 2.75% | 2.50% | 2.75% | 2.50% | 2.75% |
| 46 days to 60 days | 2.75% | 2.50% | 2.75% | 2.50% | 2.75% |
| 61 days to 90 days | 3.00% | 2.75% | 3.00% | 2.75% | 3.00% |
| 91 days to less than or equal to 6 months | 3.00% | 2.75% | 3.00% | 2.75% | 3.00% |
| 6 months 1 day to less than or equal to 9 months | 3.50% | 3.00% | 3.50% | 3.00% | 3.50% |
| 9 months 1 day to less than to 1 year | 3.65% | 3.00% | 3.65% | 3.00% | 3.65% |
| 1 year to 2 years | 3.75% | 3.20% | 3.75% | 3.20% | 3.75% |
| 2 years 1 day to 3 years | 4.25% | 3.20% | 4.25% | 3.20% | 4.25% |
| 3 years 1 day to 5 years | 4.25% | 3.20% | 4.25% | 3.20% | 4.25% |
| 5 years 1 day to 10 years | 4.25% | 3.20% | 4.25% | 3.20% | 4.25% |
*New rates are effective from 21 January 2021 and can change from time to time.
| Period | Interest Rate (p.a.) for deposits above Rs.5 crore to >=Rs.200 crore |
|---|---|
| 91 days to less than or equal to 6 months | 3.10% |
| 6 months 1 day to less than or equal to 9 months | 3.60% |
| 9 months 1 day to less than to 1 year | 3.75% |
| 1 year to 2 years | 3.85% |
| 2 years 1 day to 3 years | 4.35% |
| 3 years 1 day to 5 years | 4.35% |
| 5 years 1 day to 10 years | 4.35% |
*New rates are effective from 25 March 2021 and can change from time to time.
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.
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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