HDFC Bank FD Interest Rates

Q: How to apply for a fixed deposit online in HDFC Bank?

To apply for a fixed deposit online with HDFC Bank, you can use either Internet Banking or the HDFC Mobile App. For Internet Banking, log in to your Net Banking account, go to the ‘Transact’ tab, and select ‘Open Fixed Deposits’. Choose your branch, input the deposit amount and tenure, provide nominee details, and confirm the transaction.

Q: What is the minimum deposit amount needed to open an FD account with HDFC Bank?

The minimum deposit amount required to open an FD with HDFC Bank is ₹5,000. For the Five-Year Tax Saving Fixed Deposit, the minimum deposit starts at ₹100, with additional investments in multiples of ₹100.

Q: What are the tenure options available for HDFC FD?

HDFC Bank offers a wide range of tenure options for fixed deposits, starting from as short as 7 days and going up to 10 years. This flexibility allows depositors to choose a term that suits their financial goals, whether short-term, medium-term, or long-term.

Q: What are the eligibility conditions for opening an HDFC Bank FD Account?

The following individuals and entities are eligible to open a fixed deposit account with HDFC Bank: resident individuals, sole proprietorship firms, Hindu Undivided Families (HUFs), partnership firms, private and public limited companies, and registered trusts.

Q: What is the highest FD rate in HDFC Bank?

As of June 25, 2025, the highest FD interest rate offered by HDFC Bank for deposits below ₹3 crore is 6.65% per annum. Senior citizens are eligible for an additional 0.50% interest, making the maximum rate 7.10% per annum for select tenures.

Q: How to use the FD calculator for tax planning?

Use HDFC Bank’s FD calculator to estimate interest earnings and potential tax benefits. When planning under Section 80C, enter an investment amount up to ₹1.5 lakh to check deduction eligibility. This helps assess your post-tax returns and optimise tax savings.

Q: How to maximise returns from your FD investment?

To maximise FD returns, focus on compound interest via cumulative FDs. Consider laddering for flexibility and potentially higher rates. Optimise tenure and use special rates for seniors if applicable. Crucially, avoid premature withdrawals and manage tax efficiently with forms like 15G/15H.

Interest Rates

4.25% – 6.65%

Time Period

3 months – 10 years

Min - Max Amount

5,000 - No upper limit

Compounding

Quarterly

Calculate HDFC Bank FD Interest Rates

ENTER AMOUNT

₹10,000

Select Duration

Yrs

1 Yr30 Yrs

Expected Rate of Return

1%30%

The future value of investment will be

₹ 0

Invested Amount

₹ 10,000

Est. Returns

₹ 0

About HDFC Bank

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.

HDFC Bank Key Information

Founded1994

ChairmanMr. Sashidhar Jagdishan

Bank NameHDFC Bank

ICRA RatingAAA (Stable)

HeadquartersMumbai, Maharashtra

CRISIL RatingAAA/Stable

Listed on ExchangeHDFC Bank Ltd.

Major subsidiariesHDFC Life Insurance, HDFC ERGO General Insurance, HDFC Asset Management Company, and HDFC Capital Advisors

HDFC Bank FD Rates 2025 (Deposits Less Than ₹3 Crore)

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

HDFC Bank FD Interest Rates (>=3 Crore to < 5 Crores)

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

Features and Benefits of HDFC Bank Fixed Deposit

Senior citizens earn an additional 0.50% p.a. over standard FD rates
Minimum deposit to open an HDFC FD is ₹5,000
Nomination facility is available for all fixed deposit accounts
HDFC FDs offer attractive interest rates for depositors
Sweep-in and super saver facilities enhance account flexibility
Compound interest can be earned by reinvesting principal and interest
Re-Investment FD available wherein you can earn compound interest

Types of HDFC Bank FD Schemes

HDFC Regular Fixed Deposit

Hassle-free investment option offering competitive interest rates, flexibility, and secure returns
Senior citizens can enjoy enhanced interest rates on fixed deposits
FDs can be easily booked online through Net Banking for added convenience
Upto 90 percent loan facility available

HDFC Direct Deposit FD

Earn attractive returns with competitive interest rates that help your savings grow steadily
Enjoy the flexibility of selecting tenures that align with your financial goals
Open an HDFC Fixed Deposit without needing an existing HDFC Bank account

HDFC Bank Health Cover FD

Combines fixed deposit returns with hospital cash cover of up to ₹1,000/day for 15 days
Available for resident individuals aged 18 to 59 years
Minimum deposit of ₹5 lakh, maximum of ₹1.99 crore with tenure from 1 to 10 years
Offers monthly or quarterly interest payout along with OD and premature withdrawal facilities
Requires a self-declared good health statement to avail health cover benefits

HDFC Five Year Tax Saving Fixed Deposit

Minimum deposit amount is ₹100, with further deposits in multiples of ₹100
Maximum investment allowed is ₹1.5 lakh in a financial year
Comes with a lock-in period of 5 years
Interest payout options include monthly and quarterly modes
For joint accounts, only the primary holder is eligible for Section 80C tax benefits

HDFC FCNR Deposits

FCNR deposits can be held in USD, GBP, EUR, JPY, AUD, or CAD
Interest earned is tax-free in India
Both principal and interest are fully repatriable
Tenure ranges from 1 to 5 years
Joint holding allowed with other NRIs
Overdraft facility available on NRO accounts
Nomination facility is provided
No penalty on early withdrawal after 1 year (no interest if withdrawn within 1 year)

Overdraft Against Fixed Deposits

Meet immediate household or business expenses without liquidating your FD
Instantly access up to 90% overdraft on your fixed deposit
Requires a minimum FD of ₹25,000 with at least 6 months 1 day tenure
Facility available for single-holder FDs via Net Banking instantly

Term-wise HDFC Bank Fixed Deposit Rates

Short-Term Fixed Deposits

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

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.

Long-Term Fixed 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.

HDFC vs Other Banks' FD Rates

Tenure Range	Institution Name	Interest Rate Range (% p.a.)
HDFC Bank	1 to 5 years	6.25 - 6.65›
Bank of Baroda	1 to 5 years	6.40 – 6.60›
Bank of India	1 to 5 years	6.00 – 7.00›
Bank of Maharashtra	1 to 5 years	6.10 – 6.70›
Central Bank of India	1 to 5 years	6.50 – 7.00›

Rows per page:

Note: The data is as of July 2, 2025

How to Invest in an HDFC Bank Fixed Deposit?

Through Internet Banking

Log in to your HDFC Bank Net Banking account
Go to the ‘Transact’ tab and select ‘Open Fixed Deposits’
Choose the preferred branch, enter the deposit amount, and select the tenure
Provide nominee details and click ‘Continue’
Review the entered details and confirm the transaction. Once completed, the fixed deposit advice or receipt can be downloaded instantly.

Using the HDFC Mobile App

Download and log in to the HDFC Bank App
Navigate to the main menu and select the ‘Save’ tab
Tap on ‘Deposit’, then choose ‘Open Fixed Deposit’
Enter all required information including deposit amount, tenure, and nominee details
After confirmation, your FD receipt or advice will be available for download

Visiting an HDFC Bank Branch

Visit your nearest HDFC Bank branch
Request and complete the Fixed Deposit application form
Submit the form along with valid KYC documents and the deposit amount
Once processed, the bank will issue a receipt for your FD investment

Eligibility for Opening an HDFC Bank FD Account

HDFC Bank allows various individuals and entities to open a fixed deposit account, provided they meet the eligibility norms. The following categories are eligible:

Resident individuals of India
Sole proprietorship firms
Hindu Undivided Families (HUFs)
Partnership firms
Private and public limited companies
Registered trusts

Documents Required to Open HDFC Bank FD Account

Accepted Identity Proofs

Aadhaar Card
Voter ID
PAN Card
Passport
Driving Licence
Ration Card with photograph
Any government-issued photo ID

Accepted Address Proofs

Electricity or telephone bill
Recent bank statement with cheque
Passport
Post Office-issued ID or licence

Tax on HDFC Bank Fixed Deposit

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.

Premature Closure of HDFC Bank Fixed Deposit

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.

FAQs

How to apply for a fixed deposit online in HDFC Bank?

To apply for a fixed deposit online with HDFC Bank, you can use either Internet Banking or the HDFC Mobile App. For Internet Banking, log in to your Net Banking account, go to the ‘Transact’ tab, and select ‘Open Fixed Deposits’. Choose your branch, input the deposit amount and tenure, provide nominee details, and confirm the transaction.

What is the minimum deposit amount needed to open an FD account with HDFC Bank?

The minimum deposit amount required to open an FD with HDFC Bank is ₹5,000. For the Five-Year Tax Saving Fixed Deposit, the minimum deposit starts at ₹100, with additional investments in multiples of ₹100.

What are the tenure options available for HDFC FD?

HDFC Bank offers a wide range of tenure options for fixed deposits, starting from as short as 7 days and going up to 10 years. This flexibility allows depositors to choose a term that suits their financial goals, whether short-term, medium-term, or long-term.

What are the eligibility conditions for opening an HDFC Bank FD Account?

The following individuals and entities are eligible to open a fixed deposit account with HDFC Bank: resident individuals, sole proprietorship firms, Hindu Undivided Families (HUFs), partnership firms, private and public limited companies, and registered trusts.

What is the highest FD rate in HDFC Bank?

As of June 25, 2025, the highest FD interest rate offered by HDFC Bank for deposits below ₹3 crore is 6.65% per annum. Senior citizens are eligible for an additional 0.50% interest, making the maximum rate 7.10% per annum for select tenures.

How to use the FD calculator for tax planning?

Use HDFC Bank’s FD calculator to estimate interest earnings and potential tax benefits. When planning under Section 80C, enter an investment amount up to ₹1.5 lakh to check deduction eligibility. This helps assess your post-tax returns and optimise tax savings.

How to maximise returns from your FD investment?

To maximise FD returns, focus on compound interest via cumulative FDs. Consider laddering for flexibility and potentially higher rates. Optimise tenure and use special rates for seniors if applicable. Crucially, avoid premature withdrawals and manage tax efficiently with forms like 15G/15H.