FEATURES

Currencies


Open a Time Deposit in a choice of four currencies – USD, HKD, GBP, EUR

Interest rate


Earn competitive interest rates on your Time Deposits

Choose between fixed and floating rates

Opt for interest pay outs as per your convenience – monthly, quarterly, half-yearly, annually or on maturity

View the latest interest rates on a Time Deposit rates

Tenure


Get flexibility with tenures between 7 days and 5 years

Currency switching


Switch between currencies at any time during tenure

Renewal


Opt for automatic renewal – no need to remember maturity instructions

Deposit protection


HDFC Bank Time Deposits of up to 5 years with no forward contract are protected by the Hong Kong Deposit Protection Scheme up to a limit of HKD 500,000 per depositor

Tax


No tax will be deducted at source

Account holding


You can hold the account with up to three joint holders

Companies can also hold a Time Deposit

ELIGIBILITY

RATES