Fixed Deposit Rates Hdfc Bank
Bank Interest Rates On Deposits
Hdfc Term Deposit Rates
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Hdfc Bank Deposit Rates
Hdfc Fixed Deposit Rates Calculator

As per the Terms & Conditions of Fixed Deposit Accounts of the bank,In case of premature closure of 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.
Or Please visit the nearest HDFC Bank branch. Important Notes 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 31 st.

: HDFC Bank deposits up by 25% (YoY) in 2019. The largest private sector lender HDFC Bank's deposits up by 25% (YoY) in 2019. Its deposits are at Rs 10.67 trillion as of December 31, 2019 growing by 25% as compared to Rs 8.52 trillion as of December 31, 2018.: HDFC Bank revised FD interest rate. Avail overdraft up to 70% of the FCNR deposit amount. Hold your deposit in any of the 6 foreign currencies - US Dollars, Pounds Sterling, Euro, Japanese Yen, Australian Dollars, Canadian Dollars. Repatriate principal and interest amount fully. Enjoy tax exemption on the entire deposit. Open the deposit.

As you know that a Fixed Deposit (FD) is an investment option offered by banks that gives you higher rate of interest than a regular savings account. By investing in an FD, you can achieve your financial goals comfortably due to higher returns offered by it.

Hdfc Bank FD provides an option to deposit lump sum amount for a specific period, ranging from 7 days to 10 years. You can choose any of the tenures offered by Hdfc Bank FD according to your convenience and financial objective. As soon as you select the tenure and deposit the amount in Hdfc Bank_ FD, it will start earning an interest based on the tenure of the deposit. Customer is allowed to deposit lump sum money into a fixed deposit only once into his FD account at the time of opening the account with the bank and afterwards he cannot deposit additional money in the same FD account.

You can also get tax benefits under section 80C of the Income Tax Act on an amount between Rs. 100 to 1.5 lakh by investing in Hdfc Bank FD for a tenure of 5 years or more.

Following table provides you Hdfc Bank FD Rates of various tenors. Also, given below is the facility/ option, through which you can calculate the interest rate and the maturity value of your Hdfc Bank FD for different tenures by clicking on the 'calculate' button provided in the table.

Hdfc Bank Fixed Deposit Interest Rates (as on 06 Mar 2021)

Maturity Period	Interest Rate (p.a.)	Calculate Interest Rate
30 Days	3.00%
45 Days	3.00%
60 Days	3.00%
90 Days	3.00%
120 Days	4.00%
6 Months	4.00%
9 Months	4.40%
12 Months	5.10%
2 Years	5.10%
3 Years	5.20%
4 Years	5.35%
5 Years	5.35%
10 Years	5.50%

Features & Benefits: Hdfc Bank Fixed Deposit

Competitive interest rates are offered with flexible FD tenures to suit your investment plan.
FD account can be opened online or by visiting your nearest Hdfc Bank branch.
No cap on the Maximum Amount of FD
FD Tenures: 7 days to 10 years
Different interest payout options such as monthly, quarterly, etc.
Loan/ Overdraft against FD facility is available upto 85% of the FD amount.
Easy and fast liquidity options are available.
Nomination facility is available.
Tax benefit of amount up to Rs 1,50,000, through tax saving term deposit scheme
Part withdrawal facility and auto-renewal facilities are also available
Senior citizens can enjoy higher interest rate as compared to regular citizens
NRE, NRO and FCNR deposit facility is offered by the bank

Who is Eligible for Hdfc Bank Fixed Deposit

Fixed Deposit Rates Hdfc Bank

Any of the following persons is eligible to invest in fixed deposits (FD):

Individual
Minor
HUF
Proprietary Firm
Partnership Firm
Limited Liability Partnership (LLP)
Company
Association of Persons (AOP)
Body of Individuals (BOI)
Local Authority
Trust
Non-Resident Indian (NRI)
Registered Society

Important Things to Know Before Investing in Fixed Deposits

Always compare tenure-wise FD interest rates of different banks before finalizing the bank for opening an FD account, in order to get maximum interest rate on selected tenure.
The tenure for most bank fixed deposits varies from 7 days to 10 years. You should choose the FD Tenure according to your convenience and objective behind investment.
Opt for interest payout options such as monthly or quarterly, if required. Otherwise, choose cumulative option so that you can receive lump sum amount when FD gets matured.
You can also avail loan or overdraft against FD, if you have immediate requirement of funds.
If your annual income is non-taxable, you can submit Form 15G or Form 15H in order to avoid TDS.
Don't forget to make nomination in your FD account.
If you are a senior citizen then open your FD in a bank which offers extra interest of 0.25% to 0.75% to senior citizens.
When you open fixed deposit online or offline, do not forget to give instructions on what to do on maturity of your FD. If you do not give any instruction, your fixed deposit will be renewed automatically on maturity.

Calculation of Interest on FD of Hdfc Bank

Interest on FD for different tenures is calculated in following manner:

Simple interest is paid at maturity for fixed deposit tenure of less than 6 months.
Interest is calculated on a quarterly basis for fixed deposit tenure of 6 months & above.
Cumulative Interest/ re-investment interest is calculated every quarter, and is added to the Principal such that Interest is paid on the Interest earned in the previous quarter as well.
In case of monthly deposit scheme, the interest shall be calculated for the quarter and paid monthly at discounted rate over the Standard FD Rate

Hdfc Bank FD Interest Calculator

Hdfc Bank FD Interest Calculator is an online financial tool that allows you to calculate the maturity value of your fixed deposit at the interest rate offered by bank. The amount of FD, interest rate, deposit tenure and compounding frequency of interest together determine the maturity amount of the FD at the end of the tenure.

Automatic Renewal of Bank FD

Bank FD matures on specific date. On maturity, if you have not given any specific instructions such as payout or renewal of FD, most of the banks automatically renew the FD for the same period for which it was initially made at the interest rate prevailing on the date of maturity of FD. This is called Automatic Renewal of Bank FD.

You should choose the option on the account opening form, if you do not want the bank to auto renew your FD. You have 2 options on the account opening form while depositing money in FD, first one is auto renew and second one is deposit of amount to your account after maturity. In case you have not mentioned any option on the account opening form then you will need to visit the bank branch on maturity day of your bank FD and opt for credit of the final proceeds of your bank FD into your saving

Hdfc Bank Deposit Rates