Interest Rates
3.00% – 7.75%
Time Period
7 days – 10 years
Min - Max Amount
₹5,000 - No upper limit for most schemes
Compounding
Quarterly
ENTER AMOUNT
Select Duration
Expected Rate of Return
The future value of investment will be
₹ 0
Invested Amount
₹ 10,000
Est. Returns
₹ 0
HSBC Bank India operates as a wholly-owned subsidiary of the global HSBC Group. Established in 1993 as The Hongkong and Shanghai Banking Corporation Limited, it has become a trusted financial institution. Headquartered in Mumbai, the bank serves individuals, corporates, and institutions nationwide. It offers comprehensive banking solutions tailored to diverse customer needs.
The bank provides savings accounts, current accounts, and various loan products. Its services extend to credit cards, wealth management, and multiple investment instruments. These include fixed deposits, mutual funds, and demat account services. HSBC combines global expertise with deep local market understanding.
HSBC distinguishes itself through strong international connectivity. It serves as a financial bridge for Non-Resident Indians managing cross-border finances. The bank maintains rigorous regulatory compliance and ethical banking practices. Its commitment to sustainability has earned consistent recognition from rating agencies.
The bank's fixed deposit schemes emphasise capital security and attractive returns. They appeal to conservative investors seeking wealth preservation. HSBC's digital-first approach ensures efficient customer experiences. This reinforces its position as a forward-thinking financial partner in India.
Tenure | Regular Rate (p.a.) | Senior Citizen Rate (p.a.) |
7 – 14 days | 3.00% | 3.50% |
15 – 29 days | 3.00% | 3.50% |
30 – 45 days | 3.50% | 4.00% |
46 – 60 days | 4.25% | 4.75% |
61 – 89 days | 4.25% | 4.75% |
90 days – <6 months | 5.00% | 5.50% |
6 months – <9 months | 6.00% | 6.50% |
9 months – <1 year | 6.25% | 6.75% |
1 year – <15 months | 6.50% | 7.00% |
15 months – <18 months | 6.75% | 7.25% |
18 months – <2 years | 6.75% | 7.25% |
2 years – <3 years | 6.50% | 7.00% |
3 years – 5 years | 6.50% | 7.00% |
5 years – 10 years | 6.50% | 7.25% |
Note: The data is as of July 11, 2025
Tenure | Regular Rate (p.a.) | Senior Citizen Rate (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 | 5.10% | 5.60% |
61 – 89 days | 5.35% | 5.85% |
90 days – <6 months | 5.80% | 6.30% |
6 months – <9 months | 6.05% | 6.55% |
9 months – <1 year | 6.15% | 6.65% |
1 year – <15 months | 6.30% | 6.80% |
15 months – <18 months | 6.60% | 7.10% |
18 months – <2 years | 6.75% | 7.25% |
2 years – <3 years | 6.60% | 7.10% |
3 years – 5 years | 6.60% | 7.10% |
5 years – 10 years | 6.75% | 7.50% |
Note: The data is as of July 11, 2025
HSBC Bank Fixed Deposits offer highly competitive interest rates. Senior citizens enjoy an additional premium, typically 0.50% above standard rates. The minimum investment is just ₹5,000, making it accessible. Most schemes have no maximum limit, accommodating all investors.
Flexibility is a key advantage of these FDs. Tenures range from 7 days up to 10 years. Multiple interest payout options are available, including monthly or cumulative. This allows customisation based on individual cash flow needs.
The bank provides loans against deposited funds. Customers can avail up to 90% of the FD value. A nomination facility ensures seamless succession planning. These features enhance liquidity and security for investors.
HSBC FDs carry the highest safety ratings. CRISIL and ICRA have awarded FAAA and MAAA ratings. This ensures the utmost security for depositors' capital. Investors benefit from both returns and peace of mind.
The Regular Fixed Deposit offers returns superior to savings accounts. It is available for tenures from one week to ten years. Investors can choose their interest payout frequency. Options include monthly, quarterly, or annual payments.
Premature withdrawal is permitted with a nominal penalty. The scheme allows loans against the deposit. This provides liquidity during financial emergencies. It serves as an excellent inflation-beating tool.
This scheme helps reduce taxable income under Section 80C. It has a mandatory five-year lock-in period. Investments up to ₹1.5 lakh qualify for tax deduction. No premature withdrawals are permitted under normal circumstances.
The interest earned is fully taxable each year. No loan facility is available against this FD. It promotes disciplined long-term savings. This makes it ideal for tax-planning individuals.
The Digital FD offers a completely online account opening process. It is available to both HSBC and non-HSBC customers. Only PAN and Aadhaar are needed for e-KYC verification. The process requires no branch visits.
Funding can be done from any Indian bank account. The FD is booked instantly upon confirmation. This option prioritises convenience and speed. It suits tech-savvy investors perfectly.
This is a cumulative FD where interest is reinvested. The interest compounds quarterly within the deposit. The total amount is paid at maturity. This includes both principal and compounded interest.
It maximises returns through compounding benefits. This plan suits long-term financial goals. It is ideal for retirement or education planning. Investors see significant corpus growth over time.
This scheme is exclusively for individuals aged 60 and above. It offers an additional 0.50% interest over regular rates. Tenures range from 7 days to 10 years. The scheme prioritises capital safety and income.
It provides a stable supplement to retirement earnings. The higher rates enhance monthly income potential. Dedicated customer support is often available. It is a cornerstone of senior financial planning.
This FD is tailored for high-net-worth individuals. It is activated for large deposits, typically above ₹2 crores. The scheme offers customised, preferential interest rates. Clients can choose simple or compound interest.
Premature closure is generally not permitted. This ensures commitment to the agreed tenure. It allows negotiation of more attractive rates. The scheme meets sophisticated investment needs.
These schemes are designed for Non-Resident Indians. NRE FDs hold foreign earnings with repatriable benefits. NRO FDs manage Indian income with limited repatriation. Both offer competitive, secure investment options.
They facilitate easy cross-border finance management. HSBC's global footprint supports these services. They understand the unique needs of NRIs. These FDs help maintain financial connections to India.
These FDs cater to 7-day to 1-year horizons. Rates range from 3.00% to 6.25% for regular citizens. Senior citizens earn 3.50% to 6.75%. They suit temporary surplus fund parking.
They offer returns better than savings accounts. Investors maintain quick access to liquidity. They are ideal for emergency fund building. These FDs meet short-term financial goals effectively.
These cover one year to under three years. Regular customers earn 6.50% to 6.75%. Senior citizens get 7.00% to 7.25%. This bracket balances returns and commitment.
They are optimal for planned future expenditures. Examples include weddings or vehicle down payments. They help accumulate capital for education fees. They provide attractive medium-term yields.
These span three years up to ten years. They offer 6.50% for regular citizens. Seniors earn up to 7.25% or more. They are designed for steadfast wealth creation.
They help lock in favourable interest rates. The power of compounding builds substantial corpus. They are cornerstones for retirement planning. These FDs ensure long-range financial security.
| Tenure Range | Institution Name | Interest Rate Range (%p.a.) |
|---|---|---|
| 5 years – 10 years | 6.75› |
 | Above 1 year to less than 2 years | 7.00› |
 | 15 months to less than 18 months | 7.25› |
 | 365 days | 7.25› |
 | 15 months to less than 16 months | 8.00› |
Note: The data is as of July 11, 2025
Log in to HSBC India NetBanking or the mobile app. Navigate to the 'Accounts' or 'Deposits' section. Select the option to 'Open a Fixed Deposit'. Choose your preferred FD scheme and enter details.
Provide the deposit amount and tenure clearly. Select your interest payout frequency preference. Enter nominee details as required. Review all information before final confirmation.
The amount debits from your linked savings account. An electronic FD advice generates immediately. This advice is emailed to your registered address. The process completes without physical documentation.
Visit your nearest HSBC Bank branch in person. Collect a physical Fixed Deposit application form. Fill in all required details accurately. Provide deposit amount, tenure, and nominee information.
Submit the form with self-attested KYC documents. These include Proof of Identity and Address. Make the deposit via cash, cheque, or transfer. The bank processes your application promptly.
Upon successful processing, receive an FD receipt. This physical receipt is your investment proof. Keep it safely until maturity. Branch staff assist with any queries.
HSBC welcomes various individuals and entities. Eligible applicants include resident individuals, singly or jointly. Minors can invest through natural or legal guardians. Senior citizens qualify for preferential rates.
Eligibility extends to Hindu Undivided Families. Sole proprietorships and partnership firms can apply. Limited liability partnerships and companies are eligible. Trusts and societies may also open FDs.
Non-Resident Indians have specific options. They can invest through NRE or NRO schemes. These are subject to FEMA regulations. All applicants must meet standard KYC norms.
Submit standard Proof of Identity documents. These include Aadhaar card, Passport, or Voter ID. A Driving Licence is also acceptable. The document must be valid and government-issued.
Provide valid Proof of Address simultaneously. An Aadhaar card or Passport suffices. Utility bills or bank statements work. Ensure documents are recent and legible.
A PAN card is compulsory for all FDs. It is mandatory for tax compliance purposes. For joint accounts, all applicants need KYC. Submit self-attested copies of all documents.
For minor accounts, provide additional documents. Submit a birth certificate or school certificate. Include KYC documents of the guardian. Complete all paperwork accurately for smooth processing.
FD interest is taxable as 'Income from Other Sources'. It is added to your total annual income. Tax applies according to your income tax slab. Plan your investments considering tax implications.
The bank deducts TDS at 10% when required. This applies if interest exceeds ₹40,000 yearly. For senior citizens, the limit is ₹50,000. Submit your PAN to avoid higher TDS.
Without PAN, TDS deducts at 20% instead. Submit Form 15G or 15H to avoid TDS. This is if your total income is below taxable limits. These forms declare your tax-exempt status.
Tax Saver FD principal qualifies for Section 80C deduction. However, the interest remains fully taxable. It is taxable on accrual basis each year. Include it in your annual income tax return.
HSBC permits premature FD withdrawals with conditions. A penalty of 1% below the applicable rate is charged. This applies to the period the deposit was held. No interest is paid if closed within seven days.
Tax Saver FDs have a strict lock-in period. They cannot be withdrawn before five years. The exception is the depositor's demise. Plan your investment tenure carefully.
Partial withdrawals may be allowed sometimes. The penalty clause will still apply. Consider laddering FDs for flexibility. This reduces the need for premature breaks.
Log in to HSBC India NetBanking and navigate to the 'Deposits' section. Select 'Open a Fixed Deposit' and enter all required details to complete the process.
The minimum amount for a standard HSBC Fixed Deposit is ₹5,000. For the Tax Saver FD, the investment can start from ₹100.
HSBC offers flexible tenures ranging from 7 days to 10 years for most FDs. The Tax Saver FD has a fixed five-year tenure.
Both existing and new customers can open a Digital FD with a valid PAN and Aadhaar card. The entire process is completed online without branch visits.
For regular citizens, the highest rate is 6.75% p.a. for 15-18 month tenures. Senior citizens can earn up to 7.50% p.a. on large deposits for 5-10 years.
Use the HSBC website's FD calculator by inputting your investment details to estimate returns. For Section 80C planning, check the tax savings on investments up to ₹1.5 lakh.
Choose cumulative FDs for compounding benefits and consider a laddering strategy across multiple tenures. Avoid premature withdrawals and submit Form 15G/15H if eligible to prevent TDS.
