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  • Fixed Deposit BYTES FROM OUR KITCHEN

    HDFC NRI Fixed Deposits: NRE / NRO / NRI / FCNR FD Rates

    HDFC Bank offers best Fixed Deposit (FD) rates in the industry on all Non-Resident Indian (NRI) FDs in India. The different options available are Non-Resident External (NRO), Non-Resident Ordinary (NRO) and Foreign Currency Non-Repatriable (FCNR) deposit accounts. Before applying for a HDFC FD, you can calculate how much you will earn by using the FD Calculator.

    HDFC Bank Fixed Interest for NRIs

    HDFC offers attractive NRI/NRO and FCNR fixed deposit schemes which can be availed by customers to suit their various financial requirements. For NRE deposits, depositors can avail higher interest rates than Libor, overdraft up to 90% of the deposit, tax exemption and can repatriate the deposit (principal and interest) at any point of time. The interest on NRO Fixed Deposit rates is subject to TDS. Customers can opt to encash only a part of the deposit (balance earns interest at the contracted rate), if required. Interest for NRO fixed deposits is paid once in three months. Under FCNR deposit scheme, customers can hold their deposit in any six currencies, namely, Japanese Yen, US Dollars, Euro, Pounds Sterling, Canadian Dollars and Australian Dollars. Customers can repatriate the principal and interest and avail tax exemption on the deposit as well.

    HDFC NRE/NRO FD Rates for short-term deposits

    Tenure Regular FD Interest Rate Senior Citizen FD Interest Rates
    7 days to 14 days 3.5% 4%
    15 days to 29 days 4.25% 4.75%
    30 days to 45 days 5.5% 6%
    46 days to 6 months 5.75% 6.25%
    Above 6 months to 9 months and 15 days 6% 6.5%
    9 months and 16 days to less than 1 year 6.25% 6.75%

    * Interest rates are subject to change from the first of every month. The RBI enforces the cap on NRE interest rates. HDFC NRE/NRO Fixed Deposits are held in Indian Rupees.

    HDFC NRE/NRO FD Rates for medium/long-term deposits

    Tenure Regular FD Interest Rate Senior Citizen FD Interest Rates
    1 year to 1 year 3 days 6.75% 7.25%
    1 year 4 days to 2 years 6.25% 6.75%
    Above 2 years to 10 years 6% 6.5%

    * Interest rates are subject to change from the first of every month. The RBI enforces the cap on NRE interest rates. HDFC NRE/NRO Fixed Deposits are held in Indian Rupees.

    Simple interest is payable on deposits for a tenure of 6 months. For deposits above 6 months (quarterly payout), interest is paid on a quarterly basis. For deposits, above 6 months (monthly payout), interest is paid on a monthly basis (calculated for the quarter) at a lower rate than the standard deposit rate. For deposits above 6 months (interest reinvestment option) interest is calculated on the final amount (cumulative interest for the quarter plus principal in next quarter). Upon premature withdrawal, the interest rate will be either the base rate for the contracted tenure of the deposit or base rate which is applicable for the period for which the deposit has been with HDFC, whichever is lower. However, no interest is paid if the deposit is withdrawn prematurely before a period of one year. There is no penalty upon premature closure of NRE fixed deposits.

    HDFC Bank FCNR Fixed Deposit Rates

    For FCNR fixed deposits, interest is calculated on a half-yearly basis. Every 6 months, interest for (re-investment) deposit is calculated. Also, the principal amount is increased to include interest of the preceding 6 months. The interest rates*applicable are listed in the table below:

    Period GBP % USD % Euro % JPY % AUD % CAD %
    1 Yr to < 2 Yrs 1.01% 2.21% 0.01% 0.01% 2.45% 1.88%
    2 Yrs to < 3 Yrs 0.01% 0.81% 0.01% 0.01% 1.08% 0.52%
    3 Yrs to < 4 Yrs 0.01% 0.88% 0.01% 0.01% 1.20% 0.60%
    4 Yrs to < 5 Yrs 0.01% 0.78% 0.01% 0.01% 1.15% 0.54%
    5 Yrs only 0.01% 0.69% 0.01% 0.01% 1.16% 0.47%

    *Interest rates applicable are subject to change from time to time

    No interest is paid if the deposit is withdrawn before a period of one year. Also, there is no penalty for premature closure. The interest rate for premature closure is the base rate for the contracted tenure of the deposit or base rate for the tenure for which the amount (deposit) has remained with HDFC.

    About the Bank

    Incorporated in 1994, HDFC Bank currently has around 4227 branches and 11,686 ATMs across the country. HDFC Bank began its operations as a Scheduled Commercial Bank in 1995. HDFC offers a wide range of products and services such as NRI services and premier banking services among others making it one of the leading banks in the country.

    HDFC NRI FD Rates Reviews

    • HDFC Bank Fixed Deposit
      "Hassle free"
      0.5 5.0/5 "Blown Away!"
      I also have a fixed deposit account with HDFC Bank. The process to open this account is easy. I can do it online. They also offer a good rate of interest on the account. The bank has always been up to the mark to ban with. It is very convenient and easy.
      Was this review helpful? 2
      , noida
      Reviewed on Jan 09, 2019
    • HDFC Bank Fixed Deposit
      "Good service"
      0.5 4.0/5 "Great!"
      I do have a fixed deposit account with HDFC Bank. They are giving good interest. I can manage this account on line. I have chosen HDFC because of bank financial is good. I have just started long time, The process was very quick and it was done through on line.
      Was this review helpful? 3
      , thane
      Reviewed on Jan 02, 2019
    • HDFC Bank Fixed Deposit
      "Convenient FD with HDFC"
      0.5 5.0/5 "Blown Away!"
      In HDFC I can deposit for minimum of Rs. 5000 to max amount. I done the investment of one time payment around Rs.6 lakhs. I can chose the tenure period based on the convenient, it gives the interest of 7% its maximum. I can open and close the account through online.
      Was this review helpful? 5
      , pune
      Reviewed on Dec 17, 2018
    • HDFC Bank Fixed Deposit
      "Good Investment plan"
      0.5 5.0/5 "Blown Away!"
      I have taken the fixed deposit for my wife. I have purchased the plan with HDFC bank. I have chosen in the year of 2012. I have invested the fixed amount of Rs. 17 lakhs. They have offered me a interest rate of nominal amount. The service is HDFC is really good. Every year i have enhancing the interest rate for the fixed deposit.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 30, 2018
    • HDFC Bank Fixed Deposit
      "Good"
      0.5 5.0/5 "Blown Away!"
      I do have a fixed deposit account with HDFC Bank. They are giving good interest. I can manage this account online. I have chosen HDFC because of bank financial is good. I have just started recently and its a one time investment of 3L. The process was very quick and it was done through online.
      Was this review helpful? 1
      , noida
      Reviewed on Nov 27, 2018
    • HDFC Bank Fixed Deposit
      "Save money with very good interest rate"
      0.5 5.0/5 "Blown Away!"
      Currently HDFC is providing 7.5% of interest for FD account, I taken FD for the tenure of three years. I can deposit minimum to maximum amount, the customer service is very helpful related to the FD queries. I am getting message its very simple and beneficial.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 24, 2018
    • HDFC Bank Fixed Deposit
      "Good overall"
      0.5 5.0/5 "Blown Away!"
      I have a fixed deposit account with HDFC Bank and the banking process is good. I could open this account online and the account has been beneficial too. I can also close this account without having to go in person to the bank. It can be done online too.
      Was this review helpful? 8
      , chennai
      Reviewed on Sep 15, 2018
    • HDFC Bank Fixed Deposit
      "Good service"
      0.5 4.0/5 "Great!"
      I had started making this investment almost a year back. The interest rate with them had changing according to the market rate. The services which they had been providing so far had been very good. Tenure with them also had been good and i make the deposits directly.
      Was this review helpful? 7
      , new delhi
      Reviewed on Jul 26, 2018
    • HDFC Bank Fixed Deposit
      "Good Service"
      0.5 4.0/5 "Great!"
      I've a fixed deposit with the HDFC bank for 1 Lakh, they offered an annual interest rate of 9.5% annual. They also offers special rates for Senior Citizen. Apart from the fixed deposit I hardly use the account. Overall their banking services are good.
      Was this review helpful? 29
      , chennai
      Reviewed on May 17, 2018
    • HDFC Bank Fixed Deposit
      "Good service"
      0.5 4.0/5 "Great!"
      I have a Fixed Deposit with HDFC bank from last 4 years, my experience was good so far and i did not face any issues with this bank. I have deposited a fixed amount of Rs 5-6 lakhs. When it comes to customer service, it is good and they gave all the right information. I get interest of 6% as returns and i am satisfied with it.
      Was this review helpful? 2
      , kolkata
      Reviewed on Mar 29, 2018
    • HDFC Bank Fixed Deposit
      "Good overall"
      0.5 5.0/5 "Blown Away!"
      I also bank with HDFC Bank for the fixed deposit. The customer services are good and there are no issues in the process. The lock in period is for a year. The interest rate is good and there are no charges. The experience has been good as I can track all the details on the mobile application.
      Was this review helpful? 2
      , bangalore
      Reviewed on Mar 24, 2018
    • HDFC Bank Fixed Deposit
      "Good overall"
      0.5 5.0/5 "Blown Away!"
      It was a smooth process to open a fixed deposit at HDFC Bank. There is a lock in period for one year. After which I can close the account. The rate of interest is normal like the other banks. There are no charges taken for this. Good services overall.
      Was this review helpful? 3
      , new delhi
      Reviewed on Feb 19, 2018
    • HDFC Bank Fixed Deposit
      "More than satisfactory"
      0.5 5.0/5 "Blown Away!"
      My fixed deposit account is with HDFC Bank and the rate of interest is of 6.5%. The customer services are good and the response is also satisfactory. They contact me on time when ever there is a query. I been a long time privilege customer and I am happy with the services.
      Was this review helpful? 1
      , mumbai
      Reviewed on Feb 09, 2018
    • HDFC Bank Fixed Deposit
      "Average"
      0.5 3.5/5 "Pretty good"
      I do have Fixed deposit account with the HDFC bank and the interest rate was around 7.5% and the customer service was an average one. I would like to say that the response was okay one for me with the HDFC bank and everything is good one too with them.
      Was this review helpful? 2
      , kolkata
      Reviewed on Feb 06, 2018
    • HDFC Bank Fixed Deposit
      "Easy to start and renew"
      0.5 4.5/5 "Excellent!"
      I had invested in FD with HDFC through net banking. The benefits what I get here are huge. It hardly takes about 5 minutes to open this deposit. Net banking and mobile app are very easy to use. I can see the FD summary online and also renew it online. Current Rate for 1 year FD is 6.75% per annum.
      Was this review helpful? 2
      , gurgaon
      Reviewed on Jan 28, 2018
    • HDFC Bank Fixed Deposit
      "Very Convenient "
      0.5 5.0/5 "Blown Away!"
      I have opened HDFC fixed deposit before eight months, I have deposited the amount for the period of one year. Then if I want I can renew it through online. They are providing 6.9% of interest for FD account, I could track FD through netbanking and phone banking.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Jan 23, 2018
    • HDFC Bank Fixed Deposit
      "FD with HDFC"
      0.5 4.0/5 "Great!"
      I have opened a fixed deposit account with HDFC bank. They are providing good interest for fixed deposit. The interest rte is 6.75% annually. The duration for my FD is for 12 months. If i withdrew with in the duration then some charges will be applicable which is around 1 to 2% of the principal amount.
      Was this review helpful? 2
      , thane
      Reviewed on Dec 30, 2017
    • HDFC Bank Fixed Deposit
      "Better"
      0.5 4.0/5 "Great!"
      I had opened a Fixed Deposit account with HDFC Bank through online portal. Earlier they provided higher rate of interest now it was come down to 6.9%. Whenever I call the customer support they respond properly and IVR system is good. The net banking features are good.
      Was this review helpful? 0
      , navi mumbai
      Reviewed on Dec 29, 2017
    • HDFC Bank Fixed Deposit
      "Average service"
      0.5 3.0/5 "Satisfactory"
      I have a fixed deposit with Hdfc,the service was good. I use Hdfc fixed deposit online application which was easy to use still I use to visit their branch directly to deposit it has been 20 years I have taken the fixed deposit with Hdfc it was a fine experience with Hdfc fixed deposit service.
      Was this review helpful? 4
      , mumbai
      Reviewed on Dec 26, 2017
    • HDFC Bank Fixed Deposit
      "Excellent"
      0.5 4.5/5 "Excellent!"
      I am having the fixed deposit account with the HDFC bank and the online banking services are good one too. I am happy with the HDFC bank till now. Online banking services are really good one with the HDFC bank.
      Was this review helpful? 10
      , bangalore
      Reviewed on Dec 07, 2017
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