HDFC Bank is one of India’s top private banks that has a network of around 7,860 branches and 20,350 ATMs all over India. HDFC offers a number of investment options for customers through its product listings. Out of these, fixed deposits are one of the safest ways to grow financial wealth in a steady manner. So, enjoy the benefits of stable returns with HDFC Bank FD rates by exploring the types of deposits today.
HDFC Bank FD Benefits
With attractive HDFC Bank FD interest rates, you can put your hard-earned money for a time period that ranges anywhere between 7 to 10 days.
· Senior citizens get interest of 0.50% per annum over the regular rates
· Minimum deposit amount that required is Rs.5000
· Depositor is provided exciting HDFC FD rates with FD account
· Super saver and sweep in facility available on FD account
· Depositor earns compound interest by reinvesting the principal along with interest that is earned on the FD
What are the HDFC Bank FD Rates Schemes?
There are several types of HDFC Bank FD schemes. Some of the key features are provided below:
● Regular Fixed Deposits
Ø Money saving option
Ø Nomination facility
Ø Sweep in and super saver facility
Ø Exciting interest rates
Ø 90% loan facility
● HDFC Foreign Currency Non-Resident (FCNR) FD
Ø Enables Indians to earn interests on foreign income
Ø FD holders get back interest and principal amount completely
Ø Depositor can invest money in foreign currencies
Ø Tax exemption benefits
Ø Overdraft facility of NRO account and savings account against FCNR deposit with super saver facility
● 5-Year Tax Saving FD
Ø Tax savings option under Section 80C of Income Tax Act
Ø With respect to joint deposits, only first holder is eligible for tax benefits
● Overdraft Against Fixed Deposits
Ø Depositor can opt between current account and savings account to link FD
Ø Provides benefit of two accounts working together
Ø Overdraft facility provided to supplement business or household needs
Ø Payback interest applicable on drawn amount
Ø Private and public limited companies, HUFs, resident individuals
● Dream Deposits
Ø Flexibility to set aside a sum of money from salary to achieve goals
Ø Unlike typical FD account, depositor not charged with penalty
Ø Existing customers can open deposit with net banking or by visiting bank
Domestic HDFC Bank FD Rates 2023 for Deposits < Rs. 2 crores
The HDFC FD interest rates 2023 (p.a) have been provided below. Effective from 29th and subject to change)
| Tenure | General Public | Senior Citizens |
| 7-14 days | 3.00% | 3.50% |
| 15-29 days | 3.00% | 3.50% |
| 30-45 days | 3.50% | 4.00% |
| 46-60 days | 4.50% | 5.00% |
| 61-89 days | 4.50% | 5.00% |
| 90 days <=6 months | 4.50% | 5.00% |
| 6 months 1 day <= 9 months | 5.75% | 6.25% |
| 9 months 1 day to <= 1 year | 6.00% | 6.50% |
| 1 year to <15 months | 6.60% | 7.10% |
| 15 months to < 18 months | 7.10% | 7.60% |
| 18 months to <21 months | 7.00% | 7.50% |
| 21 months – 2 years | 7.00% | 7.50% |
| 2 years 1 day to <2 year 11 months | 7.00% | 7.50% |
| 2 year 11 months – 35 months | 7.20% | 7.70% |
| 2 years 11 months 1 day <= 3 year | 7.00% | 7.50% |
| 3 years 1 day to < 4 years 7 months | 7.00% | 7.50% |
| 4 year 7 months- 55 months | 7.25% | 7.75% |
| 4 year 7 months 1 day <= 5 years | 7.00% | 7.50% |
| 5 years 1 day to 10 years | 7.00% | 7.75% |
Domestic HDFC Bank FD Rates 2023 for Deposits >Rs. 2 crores <Rs. 5 crores
| Tenure | General Public | Senior Citizens |
| 7-14 days | 4.75% | 5.25% |
| 15-29 days | 4.75% | 5.25% |
| 30-45 days | 5.50% | 6.00% |
| 46-60 days | 5.75% | 6.25% |
| 61-89 days | 6.00% | 6.50% |
| 90 days <= 6 months | 6.50% | 7.00% |
| 6 months 1 day <= 9 months | 6.65% | 7.15% |
| 9 months 1 day to <= 1 year | 6.75% | 7.25% |
| 1 year to <15 months | 7.25% | 7.75% |
| 15 months to <18 months | 7.05% | 7.55% |
| 18 months to <21 months | 7.05% | 7.55% |
| 21 months to 2 years | 7.05% | 7.55% |
| 2-year 1 day to 3 years | 7.00% | 7.50% |
| 3 years 1 day to 5 years | 7.00% | 7.75% |
| 5 years 1 day to 10 years | 7.00% | 7.75% |
HDFC Bank FD Interest Rates for NRE Customers
| Tenure | Interest Rates (p.a) |
| 1 year to <15 months | 6.60% |
| 15 months to <18 months | 7.10% |
| 18 months to <21 months | 7.00% |
| 21 months – 2 years | 7.00% |
| 2 years 1 day to <2 year 11 months | 7.00% |
| 2 years 11 months- 35 months | 7.20% |
| 2 years 11 months 1 day<= 3 year | 7.00% |
| 3 years 1 day to <4 years 7 months | 7.00% |
| 4 years 7 months- 55 months | 7.25% |
| 4 years 7 months 1 day <=5 years | 7.00% |
| 5 years 1 day to 10 years | 7.00% |
HDFC FD Rates for FCNR Accounts
| Period | GBP | USD | EURO | JPY | AUD | CAD | Effective Date | |||
| (rates per annum) | <1 mio | >= 1 mio to < 20 mio | >= 20 mio to < 100 mio | >= 100 mio | ||||||
| 1 Year | 5.50% | 5.55% | 5.55% | 5.55% | 5.55% | 3.30% | 0.01% | 4.20% | 4.60% | July 3, 2023 |
| 1 year 1 day – less than 2 years | N/A | 4.95% | 4.95% | 4.95% | 4.95% | N/A | N/A | 4.20% | 4.60% | July 3, 2023 |
| 2 years – less than 3 years | N/A | 4.75% | 4.75% | 4.75% | 4.75% | N/A | N/A | 4.30% | 4.35% | July 3, 2023 |
| 3 year to less than 4 years | N/A | 4.50% | 4.50% | 4.50% | 4.50% | N/A | N/A | 4.30% | 4.10% | July 3, 2023 |
| 4 years to less than 5 years | N/A | 4.10% | 4.10% | 4.10% | 4.10% | N/A | N/A | 4.30% | 3.95% | July 3, 2023 |
| 5 years only | N/A | 4.10% | 4.10% | 4.10% | 4.10% | N/A | N/A | 4.35% | 3.95% | July 3, 2023 |
HDFC Bank FD Interest Rates for RFC Account
The HDFC FD rates today have been provided below:
| Period | GBP | JPY | Euro | USD |
| Less than 29 days | 0.01% | 0.01% | 0.01% | 0.01% |
| 30 days to 3 months | 0.01% | 0.01% | 0.01% | 0.01% |
| 3 months 1 day to 1 year | 0.01% | 0.01% | 0.01% | 0.01% |
| 1 year | 5.05% | 0.01% | 3.20% | 5.50% |
| 1 year 1 day to 2 years | 0.001% | 0.01% | 0.01% | 5.50% |
| 2 years to 3 years | 0.01% | 0.01% | 0.01% | 4.75% |
| 3 years only | 0.01% | 0.01% | 0.01% | 4.40% |
The HDFC FD calculator is an online free tool that helps investors to assess interest amount and maturity value for different fixed deposit amounts and tenures.
If you want to opt for premature closure of your FD, you need to visit the bank or the official HDFC net banking portal. Login to your account with your banking credentials. Choose the fixed deposit menu. Select liquidate FD. Select the FD account you want to close and click on continue. Confirm details and submit.
The flexible repayment tenures at HDFC Bank range from 7 days to 10 years.
You can close the account by submitting a fully discharged FD receipt a week prior to maturity so that the process may be initiated.
The bank is offering 3.5 to 7.75% interest on deposits maturing in 7 days to 10 years for senior citizens.
