Interest Rates
4.25% – 6.65%
Time Period
3 months – 10 years
Min - Max Amount
5,000 - No upper limit
Compounding
Quarterly
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Select Duration
Expected Rate of Return
The future value of investment will be
₹ 0
Invested Amount
₹ 10,000
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HDFC Bank Limited, headquartered in Mumbai, was established in August 1994 following the Reserve Bank of India’s initiative to liberalise the Indian banking sector. It began operations in January 1995 as a Scheduled Commercial Bank. The bank originated as a subsidiary of Housing Development Finance Corporation Limited (HDFC Ltd), a pioneer in India’s housing finance sector.
On April 4, 2022, a landmark merger was announced between HDFC Ltd and HDFC Bank, combining the country’s top housing finance company and the largest private sector bank. This move brought together HDFC Ltd’s extensive expertise in home financing with HDFC Bank’s robust banking infrastructure, enabling integrated loan offerings across urban, semi-urban, and rural markets.
As of March 31, 2025, the Bank’s network included 9,455 branches and 21,139 ATMs across 4,150 cities and towns, with 51% located in semi-urban and rural areas. Internationally, the Bank operates in Hong Kong, Bahrain, Dubai, and GIFT City, with representative offices in Kenya, Abu Dhabi, Dubai, London, and Singapore.
HDFC Bank offers a range of Fixed Deposit schemes where customers can invest a lump sum for a fixed period and earn attractive interest rates.
Tenure | Interest Rate (% p.a.) | Senior Citizen Rates (% p.a.) |
7 - 14 days | 2.75 | 3.25 |
15 - 29 days | 2.75 | 3.25 |
30 - 45 days | 3.25 | 3.75 |
46 - 60 days | 4.25 | 4.75 |
61 - 89 days | 4.25 | 4.75 |
90 days ≤ 6 months | 4.25 | 4.75 |
6 months 1 day ≤ 9 months | 5.50 | 6.00 |
9 months 1 day to < 1 year | 5.75 | 6.25 |
1 year to < 15 months | 6.25 | 6.75 |
15 months to < 18 months | 6.35 | 6.85 |
18 months to < 21 months | 6.60 | 7.10 |
21 months - 2 years | 6.45 | 6.95 |
2 years 1 day to < 2 years 11 months | 6.45 | 6.95 |
2 years 11 months - 35 months | 6.45 | 6.95 |
2 years 11 months 1 day ≤ 3 years | 6.45 | 6.95 |
3 years 1 day to < 4 years 7 months | 6.40 | 6.90 |
4 years 7 months - 55 months | 6.40 | 6.90 |
4 years 7 months 1 day ≤ 5 years | 6.40 | 6.90 |
5 years 1 day - 10 years | 6.15 | 6.65 |
Note: The data is as of June 25, 2025
Tenure | Interest Rate (% p.a.) | Senior Citizen Rates (% p.a.) |
7 - 14 days | 4.00 | 4.50 |
15 - 29 days | 4.00 | 4.50 |
30 - 45 days | 4.75 | 5.25 |
46 - 60 days | 5.00 | 5.50 |
61 - 89 days | 5.25 | 5.75 |
90 days ≤ 6 months | 5.75 | 6.25 |
6 months 1 day ≤ 9 months | 5.90 | 6.40 |
9 months 1 day to < 1 year | 6.00 | 6.50 |
1 year to < 15 months | 6.15 | 6.65 |
15 months to < 18 months | 6.15 | 6.65 |
18 months to < 21 months | 6.15 | 6.65 |
21 months to 2 years | 6.15 | 6.65 |
2 years 1 day to 3 years | 6.25 | 6.75 |
3 years 1 day to 5 years | 6.35 | 6.85 |
5 years 1 day to 10 years | 6.15 | 6.65 |
Note: The data is as of June 18, 2025
HDFC Regular Fixed Deposit
HDFC Direct Deposit FD
HDFC Bank offers short-term fixed deposits with tenures between 7 days and 12 months, providing interest rates ranging from 2.75% p.a. to 5.75% p.a. These are categorised as short-term FDs due to their duration being less than one year.
Medium-term fixed deposits come with tenures of over 1 year and up to less than 5 years. HDFC Bank offers interest rates ranging approximately between 5.75% and 6.15% per annum on these deposits.
HDFC Bank's long-term fixed deposits come with tenures between 5 and 10 years and provide a fixed interest rate of 6.15% per annum, making them a stable investment option for those looking to grow their savings over an extended period.
| Tenure Range | Institution Name | Interest Rate Range (% p.a.) |
|---|---|---|
| 1 to 5 years | 6.25 - 6.65› |
 | 1 to 5 years | 6.40 – 6.60› |
 | 1 to 5 years | 6.00 – 7.00› |
 | 1 to 5 years | 6.10 – 6.70› |
 | 1 to 5 years | 6.50 – 7.00› |
Note: The data is as of July 2, 2025
HDFC Bank allows various individuals and entities to open a fixed deposit account, provided they meet the eligibility norms. The following categories are eligible:
HDFC Bank offers tax-saving fixed deposit options under Section 80C of the Income Tax Act, which allows deductions up to ₹1.5 lakh per year. Interest is compounded quarterly. In the case of joint deposits, only the primary holder qualifies for the tax benefit.
Tax Deducted at Source (TDS) is applicable on the interest earned and is deducted at the end of each quarter. To avoid TDS deductions, eligible individuals must submit a completed Form 15G or 15H either online or at the branch within the first week of the financial year or whenever a new FD is booked.
HDFC Bank offers the option to withdraw fixed deposits before maturity; however, doing so comes with certain conditions. If a customer decides to close an FD prematurely, a penalty is usually applied in the form of a reduced interest rate. The bank typically deducts 1% from the interest rate applicable for the actual duration the deposit remained with the bank.
This means the interest earned will be lower than what was originally agreed upon. Additionally, the final interest is calculated based on the lower of two rates—either the original contracted rate at the time of opening the FD or the rate applicable for the time the deposit was held.
For those looking to close their FD before maturity, HDFC Bank provides both online and offline options. Customers can log in to their HDFC Net Banking account to initiate the premature closure of their FD with just a few clicks. Alternatively, they can visit the nearest HDFC Bank branch and complete the necessary form to process the withdrawal.
