HDFC LTD FD Rates

HDFC Ltd. has a marked presence all over the country with operational segments like banking, insurance, wealth management, etc. As part of its retail offerings, HDFC Ltd. provides appealing savings solutions. These come in the form of fixed deposit accounts.

Interest rates pertaining to all FD schemes offered by HDFC Limited for varying deposit periods are shown in the tables below. Changes made to these rates are updated in the table on a real-time basis.

Regular Term Deposits less than Rs.2 Crore

In the table listed below, the rate of interest for deposits below Rs.2 crore are mentioned for general and senior citizens:

Tenure Rate of interest (% p.a.)
12 months – 23 months 5.70
24 months – 35 months 5.85
36 months – 59 months 6.05
60 months – 83 months 6.40
84 months – 120 months 6.55

Note: The interest rates mentioned in the table are for regular deposits up to Rs.2 crore. The rate of return is effective 10 June 2021.

Regular Term Deposit Rates (Rs.2 crore – Rs.5 crore)

Tenure Rate of interest (% p.a.)
12 months – 23 months 5.45
24 months – 35 months 5.55
36 months – 59 months 5.95
60 months – 83 months 6.15
84 months – 120 months 6.25

Note: The interest rates mentioned in the table are for regular deposits up to Rs.2 crore. The rate of return is effective 10 June 2021.

Regular Term Deposit Rates (Rs.5 crore – Rs.10 crore)

Tenure Rate of interest (% p.a.)
12 months – 23 months 5.20
24 months – 35 months 5.55
36 months – 59 months 5.95
60 months – 83 months 6.15
84 months – 120 months 6.25

Note: The interest rates mentioned in the table are for regular deposits up to Rs.2 crore. The rate of return is effective 10 June 2021.

Features & Benefits of HDFC Ltd. Fixed Deposits

The features and benefits of HDFC Ltd. fixed deposits are as follows:

  • Attractive interest rates
  • High returns
  • Wide range of deposits available
  • Flexible tenors
  • Highest safety with AAA rating from CRISIL and ICRA for 27 consecutive years
  • Loan against deposit facility available

Eligibility criteria and Documents Required

To open a FD account with HDFC Ltd. you need to fulfil the eligibility criteria laid down by the lender. A FD account can be opened by:

  • Individuals
  • Trusts

As for the documents which need to be submitted at the time of application include:

  • Passport size photograph
  • Proof of Identity
  • Proof of address

Types of HDFC Ltd. Fixed Deposit Schemes

HDFC Ltd. offers different kinds of FD schemes to its customers. They are as follows:

  • Regular Fixed Deposits
  • Premium Deposits
  • Special Deposits

HDFC Ltd. Loan Against FD

HDFC Ltd. allows customers to avail a loan against the term deposit. The loan can be availed as overdraft to meet urgent financial needs without breaking the FD. The features of the facility are listed below:

  • Avail up to 75% of the deposit amount.
  • Applicable interest is 2% above the fixed deposit rate.
  • Pay interest on only the drawn amount.

Nomination Facility with HDFC Ltd. FD

HDFC Ltd. offers the nomination facility. Individual depositors can nominate a single person under the facility. In case, the deposit is placed under the name of a minor, the nomination can be made only by a person lawfully entitled to act on behalf of the minor.

HDFC Ltd. Premature Withdrawal Facility

The facility to avail premature withdrawal can be granted only at the sole discretion of HDFC Ltd. It needs to be mentioned here that premature withdrawal will be allowed only after the completion of three months from the date of deposit. If the deposit is withdrawn prematurely between three to six months, the interest payable shall be 3% per annum while after six months, the payable interest shall be 1% lower.

FAQs on HDFC LTD FD Rates

  1. What is the highest and lowest rate of interest on FD schemes by the HDFC Ltd?

    The highest rate of fd interest offered by HDFC Ltd. is 6.55% p.a. while the lowest is 5.20% p.a.

  2. What is the special rate of interest for senior citizens?

    Senior citizens are offered an additional interest of 0.25% on all deposit products. The effective rate of interest offered is in the range of 5.45% p.a. to 6.80% p.a.

  3. How much time does it take for the FD investment amount to double?

    It depends on the rate of interest offered by the lender and the investment amount and tenure you choose.

  4. Can you alter the tenure of an existing FD?

    No, you can’t alter the tenure of an existing FD.

  5. Can I open an FD account online in HDFC Ltd?

    Yes, you can open a FD account online in HDFC Ltd.

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