• HSBC Fixed Deposit Rates - 2021

    HSBC Banks is one of the most popular banks in the country. Fixed Deposit or term deposits are one of the most essential financial products offered by the bank. The interest rates for HSBC FD ranges from 2.25% p.a. to 4.00% p.a. for the general public for deposits below Rs.2 crore, effective from 26 November 2020. Senior citizens get an additional 0.50% on the interest rate. The tenures range from 7 days to 5 years.

    Interest Rates for HSBC Domestic Term Deposit Schemes

    For Less than Rs.2 crore

    Tenure Interest rate for genral public (p.a.) Interest rate for senior citizens (p.a.)
    7 to 14 days 2.25% 2.75%
    15 to 29 days 2.50% 3.00%
    30 to 59 days 2.75% 3.25%
    60 to 89 Days 2.80% 3.30%
    90 to 269 days 3.00% 3.50%
    270 to 364 days 3.10% 3.60%
    1 year 3.10% 3.60%
    More than 1 year to 399 days 3.10% 3.60%
    400 days to less than 18 months 3.25% 3.75%
    18 months to 599 days 3.30% 3.80%
    600 days 3.77% 4.25%
    601 days to 699 days 3.30% 3.80%
    700 days 3.75% 4.25%
    701 days to 731 days 3.50% 4.00%
    732 days to less than 36 months 3.60% 4.10%
    36 months to 60 months 4.00% 4.50%

    *The interest rates are subject to change as per the discretion of the bank. The current rates are applicable as of 26 November 2020.

    HSBC Bank short-term FD rates

    • A short-term FD lasts from 7 days to less than 1 year.
    • The interest rates within this term are between 2.25% p.a. to 3.10% p.a.
    • The highest FD rate for short-term deposits is 3.10% p.a. for a tenure that ranges between 270 days and 364 days.

    HSBC Bank medium-term FD rates

    • A medium-term FD ranges within 1 year to 5 years.
    • The rates of interest for this term lie within 3.10% p.a. to 4.00% p.a.
    • The highest rate for a medium-term FD is 4.00% p.a. for a tenure that ranges between 3 years and 5 years.

    HSBC Bank FD rates for Senior Citizen

    The FD interest rate for Senior Citizens is 0.50% more than regular rates.

    The highest FD rates are:

    • Short-term FD: 2.75% p.a. to 3.60% p.a
    • Medium-term FD: 3.60% p.a. to 4.50% p.a

    HSBC Bank NRE Deposit Rates

    Tenure Interest rate for genral public (% p.a.)
    365 days 3.10%
    366 to 399 days 3.10%
    400 days 3.25%
    401 to less than 18 months 3.25%
    18 months to 599 days 3.30%
    600 days 3.75%
    601 days to less than 699 days 3.30%
    700 days 3.75%
    701 days to 731 days 3.50%
    732 days to less than 3 years 3.60%
    3 years 4.00%

    *The interest rates are subject to change as per the discretion of the bank. The current rates are applicable as of 26 November 2020.

    HSBC Bank NRO Deposit Rate

    Tenure Interest rate for genral public (% p.a.)
    7 to 14 days 2.25%
    15 to 29 days 2.50%
    30 to 59 days 2.75%
    60 to 89 days 2.80%
    90 to 269 days 3.00%
    270 to 399 days 3.10%
    400 to less than 18 months 3.25%
    18 months to 599 days 3.30%
    600 days 3.75%
    601 days to 699 days 3.30%
    700 days 3.75%
    701 days to 731 days 3.50%
    732 days to less than 36 months 3.60%
    36 months to 60 months 4.00%

    *The interest rates are subject to change as per the discretion of the bank. The current rates are applicable as of 26 November 2020.

    HSBC Bank FCNR Deposit Rates

    The table given below shows the simple interest (S.I.) and compound interest (C.I.) rates* for FCNR deposits for respective foreign currency**:

    Foreign Currency Rate of interest (p.a.)
    1 year to 2 years 2 years to 3 years 3 years
    USD S.I 0.10 0.05 0.05
    C.I 0.10 0.05 0.05
    GBP S.I 0.01 0.01 0.01
    C.I 0.01 0.01 0.01
    EUR S.I 0.01 0.01 --
    C.I 0.01 0.01 --
    JPY S.I 0.01 0.01 --
    C.I 0.01 0.01 --
    CAD S.I 0.10 0.10 --
    C.I 0.10 0.10 --
    AUD S.I 0.10 0.10 --
    C.I 0.10 0.10 --
    DKK S.I 0.01 0.01 0.01
    C.I 0.01 0.01 0.01
    CHF S.I 0.01 0.01 0.01
    C.I 0.01 0.01 0.01
    SEK S.I 0.01 0.01 0.01
    C.I 0.01 0.01 0.01

    Note: These interest rates are effective from 15 May 2020.

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.