HDFC Bank Fixed Deposit Interest Rates 2025 - Latest FD Rates

With an HDFC Fixed Deposit, you can invest a lump sum of money for a set amount of time and receive a guaranteed return at a predetermined rate. HDFC FD rates depend on factors such as customer category (regular / senior / NRI), tenure, and deposit amount.

HDFC Bank revises its FD interest rates periodically in response to the Reserve Bank of India's (RBI) policy moves and market liquidity. Always check the latest rates on the bank's official site before investing.

Every investor needs to have access to the HDFC FD interest rates calculator. Better financial planning is made possible by its ability to swiftly and precisely estimate the maturity value of your FD. To determine which option offers the highest returns, you can use this bank FD calculator to compare various tenures and deposit amounts.

How to use the calculator:

1. Enter the principal deposit amount.
2. Select the tenure (years, months, or days).
3. Input the applicable interest rate (regular / senior / NRI).
4. Choose the compounding frequency (quarterly, monthly, etc.).

For example from the source: if a regular customer invests ₹1,00,000 for 2 years at 6.70% p.a., the calculator will display the maturity amount and total interest earned instantly.

All senior citizens (60 years of age and up) who have FD deposits with HDFC Bank are eligible for an extra 0.50% interest rate. One major advantage of this preferential rate is that it can result in much larger returns in the long run. Senior citizen HDFC FD interest rates are a major draw, offering retirees a safe and lucrative investment option. Simply provide a legitimate proof of age when opening your FD account to be eligible for this benefit.

An HDFC FD offers more than just returns; it provides a range of features and benefits that make it a compelling investment option.

• Fixed & Guaranteed Returns: The interest rate is fixed for the entire tenure, providing a predictable and secure return on your investment, regardless of market fluctuations.
• Liquidity: You can avail of a loan against FD, which allows you to access funds without prematurely breaking your FD. This is a significant advantage as it helps you meet financial emergencies while your FD continues to earn interest.
• Flexible Tenure & Payouts: You can choose a tenure from 7 days to 10 years and select from various payout options, including monthly, quarterly, or cumulative at maturity, to suit your financial needs.
• Credibility: Investing with HDFC Bank means your funds are with one of India's largest and most reliable private sector banks, providing peace of mind.

HDFC Bank offers a variety of FD schemes to cater to different investor needs.

• Regular Fixed Deposit: The standard FD with a fixed tenure and assured returns.
• HDFC Bank Tax Saving FD: A special type of FD with a lock-in period of 5 years. It helps you save income tax under Section 80C of the Income Tax Act, with a maximum deposit amount of ₹1.5 lakh per financial year.
• HDFC Bank Super Saver Account: This is a fixed deposit that is linked to your savings account. It provides the liquidity of a savings account and the higher returns of an FD.
• HDFC Bank SureCover FD: A unique product that combines an FD with a term life insurance cover, providing dual benefits of investment and security.

When opening an HDFC FD, you can choose how your interest is paid out.

• Reinvestment (Cumulative) Option: The interest earned is reinvested along with the principal, and the entire amount is paid out at maturity. This is the best option for investors who want to maximize their returns through the power of compounding.
• Non-Cumulative (Periodic) Option: You can choose to receive interest payouts at regular intervals, monthly or quarterly. This is ideal for those who rely on interest income for their day-to-day expenses, such as retired individuals.

Opening an HDFC FD is a simple and hassle-free process. You will need the following documents for identity and address proof:

• Proof of Identity: PAN card, Aadhaar card, Passport, Voter ID, or Driving License.
• Proof of Address: Aadhaar card, Passport, Utility bills (like electricity or telephone bills), or Bank statement.
• Passport-size photographs:
• For NRIs, additional documents like valid passport and visa may be required.

The interest earned on an HDFC FD is considered "Income from Other Sources" and is taxable as per your income tax slab.

HDFC Bank, like other banks, is required to deduct Tax Deducted at Source (TDS) if the interest earned from all your FDs exceeds a certain threshold in a financial year

• TDS Threshold: The current TDS threshold is ₹40,000 for regular citizens and ₹50,000 for senior citizens.
• PAN is Crucial: If you do not provide a valid PAN, the TDS rate will increasefrom 10% to 20%.
• Avoiding TDS: If your total annual income is below the taxable limit, you can submit Form 15G (for regular citizens) or Form 15H (for senior citizens) to the bank to avoid TDS deduction.

With this facility, you can borrow money against your FD without violating it. The maximum loan amount for this secured loan is 90% of your FD principal. Usually, the loan's interest rate is a few percentage points greater than your FD's interest rate.

The main benefit is that you don't lose out on your guaranteed returns because your FD keeps earning interest. Using HDFC Bank's net banking service, you can quickly apply for a loan against an FD.

An HDFC credit card against an FD is a great choice if you want a credit card but don't have a lot of credit history. You can obtain a credit card with a credit limit that is normally between 80% and 90% of the deposit amount by using your FD as collateral. As a result, you can maintain your FD while improving your credit score.

HDFC Bank offers convenient ways to open an FD.

• Online via Net Banking:
  • Log in to your HDFC Bank Net Banking account.
  • Click on the "Invest" tab and select "Deposits."
  • Choose "Fixed Deposit" and fill in the details like the deposit amount, tenure, and nomination.
  • Confirm the details, and your FD will be booked instantly.
• Visiting a Branch:
  • Visit your nearest HDFC Bank branch.
  • Fill out the FD application form and submit it along with the required KYC documents and the deposit amount.