DOMESTIC TERM DEPOSITS

Period< 1 Crore>=1 Crore to < 5 Crores
Interest Rate
(per annum)
**Senior Citizen Rates
(per annum)
Interest Rate
(per annum)
**Senior Citizen Rates
(per annum)
7 - 14 days 3.50% 4.00% 7.50% 8.00%
15 - 29 days 5.00% 5.50% 8.00% 8.50%
30 - 45 days 6.00% 6.50% 8.25% 8.75%
46 - 60 days 8.25% 8.75% 8.25% 8.75%
61 - 90 days 8.25% 8.75% 8.25% 8.75%
91 days - 6 months 8.25% 8.75% 8.25% 8.75%
6 mnths 1 day- 6 mnths 3 days 8.75% 9.25% 8.50% 9.00%
6 mnths 4 days 8.75% 9.25% 8.50% 9.00%
6 mnths 5 days- 9 mnths 8.75% 9.25% 8.50% 9.00%
9 mnths 1 day- 9 mnths 3 days 8.75% 9.25% 8.75% 9.25%
9 mnths 4 days 8.75% 9.25% 8.75% 9.25%
9 months 5 days < 1 Year 8.75% 9.25% 8.75% 9.25%
1 Year 8.75% 9.25% 9.00% 9.50%
1 year 1 day - 1 year 3 days 9.00% 9.50% 8.75% 9.25%
1 year 4 days 9.00% 9.50% 8.75% 9.25%
1 year 5 days - 1 Year 15 Days 9.00% 9.50% 8.75% 9.25%
1 Year 16 days 9.00% 9.50% 8.75% 9.25%
1 year 17 days - 2 Years 8.75% 9.25% 8.75% 9.25%
2 years 1day - 2 Years 3 days 8.75% 9.25% 8.75% 9.25%
2 Years 4 days 8.75% 9.25% 8.75% 9.25%
2 years 5 days - 3 Years 8.75% 9.25% 8.75% 9.25%
3 years 1days - 5 years 8.75% 9.25% 8.75% 9.25%
5 years 1 day-10 years 8.25% 8.75% 8.25% 8.75%
 
  • Interest rates are subject to change from time to time. Applicable interest rates will be given as on the date / time of receipt of the funds by the bank. When booking FD through NetBanking please note the actual interest rate being applied on the "Confirm" screen. This screen appears before you confirm your request for opening a new FD. In order to see the latest information, we request you to clear your browsers cache to see the updated interest rates.
  • Only Senior Citizens / Retired Personnel (60 years and above) who are Resident Indians are eligible. The special rates are applicable only for Resident deposits.
  • When you open a Fixed deposit with HDFC Bank Interest on Term Deposits is calculated as below

    1) On a Quarterly basis for deposits >= 6 months
    2) Simple interest is paid at maturity for deposits < 6 months.
    3) Cumulative Interest/ re-investment interest is calculated every quarter, and is added to the Principal such that Interest is paid on the Interest earned in the previous quarter as well.
    4) In case of monthly deposit scheme, the interest shall be calculated for the quarter and paid monthly at discounted rate over the Standard FD Rate
  • Tax at source is deducted as per the Income Tax regulations prevalent from time to time.
  • The Bank computes interest based on the actual number of days in a year. In case, the Deposit is spread over a leap and a non-leap year, the interest is calculated based on the number of days i.e.,366 days in a leap year & 365 days in a non leap year.The period of Fixed Deposit is calculated in number of days.
  • The Minimum tenure for earning FD interest is 7 days.
  • The interest rate applicable on premature closure of deposits (all amounts) will be lower of:

    a) The base rate for the original/contracted tenor for which the deposit has been booked
    OR
    b) The base rate applicable for the tenor for which the deposit has been in force with the Bank

    The base rate is the rate applicable to deposits of less than Rs.1 Cr as on the date of booking the deposit.
  • The penalty on premature closure of Fixed Deposits including sweep-in and partial closures has been fixed by the Bank at the rate of 1% except for the FDs booked for the tenor of 7-14 days.
  • As interest rates are subject to change without prior notice, depositor shall ascertain the rates on the value date of FD

For Interest Rates >= Rs. 5 crore click here