In case of premature closure of FD on or before 5 years, the interest rate will be 1.00 per cent less (penalty as applicable) than the rate on the date of deposit booked, to the period for which the deposit remained with the bank and not at the contracted rate. The interest rate for premature withdrawal is adjusted by 1 per cent lower as applicable based on the date of deposit booking and the period it remained with the bank, effective from July 22, 2023. The offer duration is from May 18, 2020, until November 7, 2023.Ĭonvenient booking options are available through mobile, NetBanking, or by visiting the nearest HDFC Bank branch.Īn additional premium of 0.25 per cent (over and above the existing 0.50 per cent) is offered during the special deposit offer period. The interest rate applicable for both new FDs and renewals for Senior Citizens with deposits below Rs 5 crore. Suitable for those looking to book a Fixed Deposit of less than Rs 5 crore.Ĭovers deposit tenures ranging from 5 years one day to 10 years. The Senior Citizen Care FD holders get an extra 0.75 per cent interest rateĮligible for resident senior citizens aged 60 years and above (not applicable to NRIs). The bank usually offers interest rates ranging from three to 7.10 percent on fixed deposits of INR 2 crore or less for regular citizens.Key Details of the Senior Citizen Care FD: Some time ago, HDFC Bank had changed the interest rates on FDs with a tenure of less than 1 year and 15 months, raising them to 6.6 percent. The bank is offering a maximum interest rate of 7.25 percent on fixed deposits with a tenure of 4 years and 7 months to 10 years.Īccording to the bank’s website, the current interest rates are applicable to deposits of less than INR 2 crore from May 29, 2023. HDFC Bank is offering interest rates ranging from three to 7.25 percent on its other fixed deposit schemes. Meanwhile, for a special FD scheme with a tenure of 55 months or 4 years and 7 months, the bank is offering an interest rate of 7.25 percent. However, these FD schemes are open for a limited time only.Īccording to the bank, those investing in a special fixed deposit scheme for 35 months or 2 years and 11 months will receive an interest rate of 7.20 percent.

Senior citizens will also receive an additional half-percent interest on their investments.

The bank is offering an interest rate of more than seven percent on both fixed deposits. The bank has introduced 35-month and 55-month FD plans, which began on May 29, 2023. HDFC Bank, one of India’s largest private banks, has launched two special fixed deposit (FD) schemes for a limited period.

Hdfc bank fixed deposit rates