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


Get flexibility with tenures between 7 days and 5 years

Currency switching

Switch between currencies at any time during tenure


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


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