HDFC Bank Fixed Deposit (FD) Interest Rates and more
HDFC Bank offers Fixed Deposits with attractive interest rates, flexible tenures, and guaranteed returns. Enjoy added benefits like sweep-in and overdraft facilities. Invest today for a secure financial future!
Fixed Deposits (FDs) have been a popular investment vehicle for generations, providing safety, stability, and assured returns. If you are a conservative investor seeking secure deposits or an individual requiring a fixed-income source, an FD gives you financial security against market volatility. HDFC Bank provides flexible and attractive Fixed Deposit plans so investors can enhance their wealth with confidence.
In the current uncertain financial environment, having a secure investment channel is imperative. Though stocks and mutual funds might provide greater returns, they carry inherent risks. A Fixed Deposit, however, guarantees your initial amount while fetching a guaranteed interest, thus making it a risk-free option for conservative investors. Additionally, HDFC Bank's reliable banking channels provide customers with a smooth investment experience with guaranteed returns.
Why Choose HDFC Bank Fixed Deposits?
HDFC Bank provides a convenient and rewarding Fixed Deposit facility with a minimum deposit amount starting from just Rs 5,000. Investors can choose a tenure that best suits their financial goals, ranging from short-term to long-term deposits. With competitive interest rates, FDs at HDFC Bank ensure that your money works for you, generating returns without any risk of market volatility.
One of the most attractive benefits of Fixed Deposit investment is the guarantee of returns. Contrary to market-linked investments like mutual funds or stocks, wherein returns are vulnerable to fluctuations, an FD gives a fixed interest rate, with investors knowing how much they would receive at maturity.
HDFC FD Interest Rates & Special Benefits
| Tenor Bucket | < 3 Crore | <3 Crore |
|---|---|---|
| Interest Rate (per annum) | **Senior Citizen Rates (per annum) | |
| 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 days < = 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 Year 11 Months | 6.45% | 6.95% |
| 2 Years 11 Months - 35 Months | 6.45% | 6.95% |
| 2 Years 11 Months 1 day < = 3 Year | 6.45% | 6.95% |
| 3 Years 1 day to < 4 Years 7 Months | 6.40% | 6.90% |
| 4 Year 7 Months - 55 months | 6.40% | 6.90% |
| 4 Year 7 Months 1 day < = 5 Years | 6.40% | 6.90% |
| 5 Years 1 day - 10 Years | 6.15% | 6.65% |
HDFC Bank provides reasonable interest rates, thus helping depositors earn the most out of their deposits. Senior citizens, especially, benefit from better FD rates, particularly for terms of 35 and 55 months, thus making it a good choice for individuals seeking a secure stream of income after retirement.
The bank also provides reinvestment schemes in which the interest accrued is compounded and reinvested to generate higher returns in the long run. This is a great option for investors who want to build wealth systematically.
Flexible Tenure and Additional Features
HDFC Bank offers flexible tenure plans to suit various financial requirements. If you want a short-term deposit for liquidity or a longer-term deposit for building wealth, you can opt for a period of your choice, aligned with your objective.
HDFC Bank FD additional features
- Sweep-in Facility: Investors can attach their Fixed Deposit to a current or savings account. When the linked account lacks funds, funds from the FD are transferred to meet the deficiency, facilitating continued transactions.
- Overdraft Facility: Investors can opt for an overdraft against their Fixed Deposit, thus allowing them to draw money at times of necessity without encashing their FD.
How to Open HDFC Bank Fixed Deposit?
Opening an FD at HDFC Bank is an easy affair. Investors can walk into the nearest branch or open an FD online on HDFC Bank's digital banking app. It involves very little paperwork and rapid processing, so your journey as an investor is smooth and convenient.
A Fixed Deposit continues to be one of the safest and most secure investment avenues, offering assured returns and financial security. With HDFC Bank's competitive interest rates, flexible tenor, and added features such as sweep-in and overdraft facilities, investing in an FD has never been more rewarding.
Start your financial journey today by opening a Fixed Deposit at HDFC Bank and enjoy the peace of mind that comes with a secure and profitable investment!