FD Interest Rates - Check Fixed Deposit Rates Online

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Presenting, HDFC Bank Special Edition Fixed Deposits.
Enjoy the best returns on tenure between 18 months to 21 months

What's more? Senior Citizen benefits 0.50% EXTRA!...So Hurry! Valid for Limited Period only!
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Domestic / NRO / NRE FIXED DEPOSIT RATE

Applicable from 9th Feb, 2024

(Senior Citizen Rates do not apply to NRIs | Minimum tenor for NRE Deposit is 1 Year.)

IMPORTANT NOTES – RESIDENT CUSTOMERS:

Click here to book a deposit new way, using your mobile no.

Click here to book a deposit via NetBanking > Accounts > Transact

Interest rates are subject to change from time to time. Applicable interest rates will be given as on the date / time of receipt of the funds by the bank. When booking FD through NetBanking please note the actual interest rate being applied on the "Confirm" screen. This screen appears before you confirm your request for opening a new FD. In order to see the latest information, we request you to clear your browsers cache to see the updated interest rates..

It is reiterated that the interest rate applicable on multiple deposits, across all channels, made by the same customer in a single day in one particular tenor bucket would be the rate which is applicable for the aggregate value or the individual value whichever is lower

Tenor Bucket "means the various tenure slabs as updated in the interest rate sheet on the website . For ex: e.g.” 1 Y 1d to 2 Y “ is one particular tenor bucket, similarly “ 5 Y 1 d to 10 Y “ is also one particular tenor bucket.

Only Senior Citizens / Retired Personnel (60 years and above) who are Resident Individuals are eligible. The special rates are applicable only for Resident deposits.

When you open a Fixed deposit with HDFC Bank Interest on Term Deposits is calculated as below
Fixed Deposits for the tenor <= 6 months : Simple Interest is paid
Fixed Deposits for the tenor > 6 months with Quarterly Interest Payout option : On a Quarterly basis
Fixed Deposits for the tenor > 6 months with Monthly Interest Payout option : Interest is calculated for the quarter and paid monthly at a discounted rate over the standard deposit rate
Fixed Deposits for the tenor > 6 months with Interest Reinvestment option : Cumulative Interest for the Quarter is added to the Principal in subsequent quarter and interest is calculated on total amount

Tax at source is deducted as per the Income Tax regulations prevalent from time to time.

The Bank computes interest based on the actual number of days in a year. In case, the Deposit is spread over a leap and a non-leap year, the interest is calculated based on the number of days i.e.,366 days in a leap year & 365 days in a non leap year.The period of Fixed Deposit is calculated in number of days.

The Minimum tenure for earning FD interest is 7 days.

For Premature Closure (for all amounts, and for including Sweep In / Partial Withdrawal), the final rate applicable will be 1% Below that of the lower of either: a) the rate for the original /contracted tenor for which deposit has been booked or b) the base rate applicable for the tenor for which the deposit has been in force with the bank except for the deposits booked with tenor 7-14 days.

For deposits booked on or after 7 March 2019 the base rate applicable to deposits in point b above is the Rate Applicable to Deposits of Less than 2 Crores, as on the date of the deposit. Prior to FD's booked on 7 March 2019, the base rate is the rate applicable to deposits of Less than 1 crore as on the date of deposit

As interest rates are subject to change without prior notice, depositor shall ascertain the rates on the value date of FD

*Senior Citizen Care FD (w.e.f 18th May’20):

An Additional Premium of 0.25% (over and above the existing premium of 0.50%) shall be given to Senior Citizens who wish to book the Fixed Deposit less than 5 crores for a tenure of 5 (five) years One Day to 10 Years, during special deposit offer commencing from 18th May'20 to 31st Mar’2023. This special offer will be applicable to new Fixed Deposit booked as well as for the Renewals, by Senior Citizens during the above period. This offer is not applicable to Non-Resident Indian.

In case of premature closure of Fixed Deposit booked in the above offer (including sweep in / partial closure) on or before 5 years, the interest rate will be 1.00% below the contracted rate or the base rate applicable for the period the deposit has remained with the bank, whichever is lower

In case of premature closure of Fixed Deposit booked in the above offer (including sweep in / partial closure) post 5 years, the interest rate will be 1.25% below the contracted rate or the base rate applicable for the period the deposit has remained with the bank, whichever is lower

Rates mentioned above in the rate sheet are inclusive of 0.75%

All other terms and conditions as applicable to Fixed Deposit shall remain unchanged and the same shall be applicable to the above fixed deposit too.

IMPORTANT NOTES – NRI CUSTOMERS:

NEW Customers: Click here to talk to our Executive!!

EXISTING Customers: Click here to book a deposit online through NetBanking!!

Interest rates are subject to change from time to time. Applicable interest rates will be given as on the date / time of receipt of the funds by the bank. When booking FD through NetBanking please note the actual interest rate being applied on the "Confirm" screen. This screen appears before you confirm your request for opening a new FD. In order to see the latest information, we request you to clear your browsers cache to see the updated interest rates.

It is reiterated that the interest rate applicable on multiple deposits, across all channels, made by the same customer in a single day in one particular tenor bucket would be the rate which is applicable for the aggregate value.

Tenor Bucket "means the various tenure slabs as updated in the interest rate sheet on the website . For ex: e.g.” 1 Y 1d to 2 Y “ is one particular tenor bucket, similarly “ 5 Y 1 d to 10 Y “ is also one particular tenor bucket

The Senior Citizen Rates are only for Resident Indians and do not apply to NRIs.

The Bank computes interest based on the actual number of days in a year. In case, the Deposit is spread over a leap and a non-leap year, the interest is calculated based on the number of days i.e.,366 days in a leap year & 365 days in a non leap year.The period of Fixed Deposit is calculated in number of days.

The Interest on Term Deposits for the deposits booked by us, is calculated as below:
Fixed Deposits for the tenor <= 6 months : Simple Interest is paid
Fixed Deposits for the tenor > 6 months with Quarterly Interest Payout option : On a Quarterly basis
Fixed Deposits for the tenor > 6 months with Monthly Interest Payout option : Interest is calculated for the quarter and paid monthly at a discounted rate over the standard deposit rate
Fixed Deposits for the tenor > 6 months with Interest Reinvestment option : Cumulative Interest for the Quarter is added to the Principal in subsequent quarter and interest is calculated on total amount
[The paid interest amount (in case of monthly/quarterly/half yearly payout mode) will be adjusted against Principal Balance of the Deposit incase of Premature withdrawal of the NRE Deposit before 1 year]

Tax at Source is deducted as per the Income Tax regulations prevalent from time to time (applicable on NRO Fixed Deposits)

The interest rate applicable on premature closure of deposits (all amounts) will be lower of :

The base rate for the original/contracted tenor for which the deposit has been booked

OR

The base rate applicable for the tenor for which the deposit has been in force with the Bank
For deposits booked on or after 7th march'19, the base rate is the rate applicable to deposits of less than Rs.2 Cr as on the date of booking the deposit. Prior to this the base rate is the rate applicable to deposits of less than Rs.1 Cr as on the date of booking the deposit.

The Minimum tenor for earning the interest on NRO Fixed Deposit is 7 days.

In case of premature closure of NRO Fixed Deposit (including sweep in / partial closure) the interest rate will be 1.00% below the contracted rate or the rate applicable for the period the deposit has remained with the bank, whichever is lower,except for the tenor of 7-14 days.

The Minimum tenor for earning the interest on NRE Fixed Deposit is 1 year. No Interest will be paid if the NRE Deposit is prematurely withdrawn before 1 year.

No Penalty will be levied on premature closure of NRE Fixed Deposit.

Partial premature withdrawal and sweep-in facility is not allowed for fixed deposits booked for 5 Crore and above.

As interest rates are subject to change without prior notice, depositor shall ascertain the rates on the value date of FD

Please clear browser history/cookies before accessing the interest rate chart in order to view the latest effective interest rates.

Domestic / NRO / NRE FIXED DEPOSIT RATE

Applicable from 9th Jan, 2024

(Senior Citizen Rates do not apply to NRIs | Minimum tenor for NRE Deposit is 1 Year.)

IMPORTANT NOTES – RESIDENT CUSTOMERS:

Click here to book a deposit new way, using your mobile no.

Click here to book a deposit via NetBanking > Accounts > Transact

Interest rates are subject to change from time to time. Applicable interest rates will be given as on the date / time of receipt of the funds by the bank. When booking FD through NetBanking please note the actual interest rate being applied on the "Confirm" screen. This screen appears before you confirm your request for opening a new FD. In order to see the latest information, we request you to clear your browsers cache to see the updated interest rates.

It is reiterated that the interest rate applicable on multiple deposits, across all channels, made by the same customer in a single day in one particular tenor bucket would be the rate which is applicable for the aggregate value.

Tenor Bucket "means the various tenure slabs as updated in the interest rate sheet on the website . For ex: e.g.” 1 Y 1d to 2 Y “ is one particular tenor bucket, similarly “ 5 Y 1 d to 10 Y “ is also one particular tenor bucket.

Only Senior Citizens / Retired Personnel (60 years and above) who are Resident Individuals are eligible. The special rates are applicable only for Resident deposits.

When you open a Fixed deposit with HDFC Bank Interest on Term Deposits is calculated as below

1) Fixed Deposits for the tenor <= 6 months : Simple Interest is paid 2) Fixed Deposits for the tenor > 6 months with Quarterly Interest Payout option : On a Quarterly basis 3) Fixed Deposits for the tenor > 6 months with Monthly Interest Payout option : Interest is calculated for the quarter and paid monthly at a discounted rate over the standard deposit rate 4) Fixed Deposits for the tenor > 6 months with Interest Reinvestment option : Cumulative Interest for the Quarter is added to the Principal in subsequent quarter and interest is calculated on total amount

Tax at source is deducted as per the Income Tax regulations prevalent from time to time.

The Bank computes interest based on the actual number of days in a year. In case, the Deposit is spread over a leap and a non-leap year, the interest is calculated based on the number of days i.e.,366 days in a leap year & 365 days in a non leap year.The period of Fixed Deposit is calculated in number of days.

The Minimum tenure for earning FD interest is 7 days.

For Premature Closure (for all amounts, and for including Sweep In / Partial Withdrawal), the final rate applicable will be 1% Below that of the lower of either: a) the rate for the original /contracted tenor for which deposit has been booked or b) the base rate applicable for the tenor for which the deposit has been in force with the bank except for the deposits booked with tenor 7-14 days.

For deposits booked on or after 7 March 2019 the base rate applicable to deposits in point b above is the Rate Applicable to Deposits of Less than 2 Crores, as on the date of the deposit. Prior to FD's booked on 7 March 2019, the base rate is the rate applicable to deposits of Less than 1 crore as on the date of deposit

As interest rates are subject to change without prior notice, depositor shall ascertain the rates on the value date of FD

*Senior Citizen Care FD (w.e.f 18th May’20):

An Additional Premium of 0.25% (over and above the existing premium of 0.50%) shall be given to Senior Citizens who wish to book the Fixed Deposit less than 5 crores for a tenure of 5 (five) years One Day to 10 Years, during special deposit offer commencing from 18th May'20 to 31st Mar’2023. This special offer will be applicable to new Fixed Deposit booked as well as for the Renewals, by Senior Citizens during the above period. This offer is not applicable to Non-Resident Indian.

In case of premature closure of Fixed Deposit booked in the above offer (including sweep in / partial closure) on or before 5 years, the interest rate will be 1.00% below the contracted rate or the base rate applicable for the period the deposit has remained with the bank, whichever is lower

In case of premature closure of Fixed Deposit booked in the above offer (including sweep in / partial closure) on or before 5 years, the interest rate will be 1.00% below the contracted rate or the base rate applicable for the period the deposit has remained with the bank, whichever is lower

In case of premature closure of Fixed Deposit booked in the above offer (including sweep in / partial closure) post 5 years, the interest rate will be 1.25% below the contracted rate or the base rate applicable for the period the deposit has remained with the bank, whichever is lower

Rates mentioned above in the rate sheet are inclusive of 0.75%

All other terms and conditions as applicable to Fixed Deposit shall remain unchanged and the same shall be applicable to the above fixed deposit too.

IMPORTANT NOTES – NRI CUSTOMERS:

NEW Customers: Click here to talk to our Executive!!

EXISTING Customers: Click here to book a deposit online through NetBanking!!

Interest rates are subject to change from time to time. Applicable interest rates will be given as on the date / time of receipt of the funds by the bank. When booking FD through NetBanking please note the actual interest rate being applied on the "Confirm" screen. This screen appears before you confirm your request for opening a new FD. In order to see the latest information, we request you to clear your browsers cache to see the updated interest rates.

It is reiterated that the interest rate applicable on multiple deposits, across all channels, made by the same customer in a single day in one particular tenor bucket would be the rate which is applicable for the aggregate value.

Tenor Bucket "means the various tenure slabs as updated in the interest rate sheet on the website . For ex: e.g.” 1 Y 1d to 2 Y “ is one particular tenor bucket, similarly “ 5 Y 1 d to 10 Y “ is also one particular tenor bucket

The Senior Citizen Rates are only for Resident Indians and do not apply to NRIs.

The Bank computes interest based on the actual number of days in a year. In case, the Deposit is spread over a leap and a non-leap year, the interest is calculated based on the number of days i.e.,366 days in a leap year & 365 days in a non leap year.The period of Fixed Deposit is calculated in number of days.

The Interest on Term Deposits for the deposits booked by us, is calculated as below:

1) Fixed Deposits for the tenor <= 6 months : Simple Interest is paid 2) Fixed Deposits for the tenor > 6 months with Quarterly Interest Payout option : On a Quarterly basis 3) Fixed Deposits for the tenor > 6 months with Monthly Interest Payout option : Interest is calculated for the quarter and paid monthly at a discounted rate over the standard deposit rate 4) Fixed Deposits for the tenor > 6 months with Interest Reinvestment option : Cumulative Interest for the Quarter is added to the Principal in subsequent quarter and interest is calculated on total amount

[The paid interest amount (in case of monthly/quarterly/half yearly payout mode) will be adjusted against Principal Balance of the Deposit incase of Premature withdrawal of the NRE Deposit before 1 year]

Tax at Source is deducted as per the Income Tax regulations prevalent from time to time (applicable on NRO Fixed Deposits)

The interest rate applicable on premature closure of deposits (all amounts) will be lower of :

The base rate for the original/contracted tenor for which the deposit has been booked

OR

The base rate applicable for the tenor for which the deposit has been in force with the Bank

For deposits booked on or after 7th march'19, the base rate is the rate applicable to deposits of less than Rs.2 Cr as on the date of booking the deposit. Prior to this the base rate is the rate applicable to deposits of less than Rs.1 Cr as on the date of booking the deposit.

The Minimum tenor for earning the interest on NRO Fixed Deposit is 7 days.

In case of premature closure of NRO Fixed Deposit (including sweep in / partial closure) the interest rate will be 1.00% below the contracted rate or the rate applicable for the period the deposit has remained with the bank, whichever is lower,except for the tenor of 7-14 days.

The Minimum tenor for earning the interest on NRE Fixed Deposit is 1 year. No Interest will be paid if the NRE Deposit is prematurely withdrawn before 1 year.

No Penalty will be levied on premature closure of NRE Fixed Deposit.

Partial premature withdrawal and sweep-in facility is not allowed for fixed deposits booked for 5 Crore and above.

As interest rates are subject to change without prior notice, depositor shall ascertain the rates on the value date of FD.

When you open a Fixed Deposit account at HDFC Bank, you can choose the intervals at which you would like to receive interest payouts. With the HDFC Bank Fixed Deposit, you can choose to receive your interest payouts on a monthly, quarterly or on maturity.

Yes, at HDFC Bank, you can opt for a Re-Investment FD wherein you can earn compound interest. The cumulative interest earned for the quarter is then added to the principal amount in the subsequent quarter and the interest is calculated on the total amount.

Yes, at HDFC Bank, TDS (Tax Deducted at Source) is deducted from your FD earnings. However, as per the Income Tax Act, 1961, TDS is only deducted from your FD earnings when the interest from all your FDs cross a threshold of ? 40, 000 in a financial year.

If the interest earned is not sufficient to recover TDS, then the same is collected from the principal amount of the FD. If you have chosen to receive payouts every month or quarter then TDS will be recovered from the linked Current/Savings Account.

Yes, at HDFC Bank, you can also choose to invest in a Five Year Tax-Saving Fixed Deposit. You can invest your savings and get guaranteed returns. Additionally, you can also save tax under Section 80C of the Income Tax Act, 1961.

Yes, you can prematurely withdraw from an FD at HDFC Bank. However, whether you opt to prematurely close the FD or go with the sweep-in facility, premature liquidation charges will be applicable as per standard policy.

Yes, at HDFC Bank, you can specifically choose the Senior Citizen Care FD for the elderly in your life. An Additional Premium of 0.25% (over and above the existing premium of 0.50%) shall be given to Senior Citizens who wish to book the Fixed Deposit less than 5 crores for a tenure of 5 (five) years One Day to 10 Years, during special deposit offer commencing from 18th May'20 to 31st Mar '2023. This special offer will be applicable to new Fixed Deposit booked as well as for the Renewals, by Senior Citizens during the above period. Do note that this offer is not applicable to Non-Resident Indian.

Yes, you can book an FD at HDFC Bank via NetBanking facilities. However, to do so, you must have the financial transactional rights to use the facility in the first place. You will also have to ensure that the information required to access your NetBanking services is up to date.