What is a Credit Card against Fixed Deposit?

To obtain a Credit Card against a Fixed Deposit, you need to meet the following criteria:

Citizenship and Residence

You must be a resident Indian citizen or a Non-Resident Indian (NRI) with a valid residential address in India.

Age

You should fall within the age range specified by the card issuer, usually between 18 to 65 years. Be sure to verify the specific age requirements with your card issuer, as these can vary among different companies.

Fixed Deposit Account

You must either have an existing Fixed Deposit account or be willing to open one with the bank that offers the Credit Card. The amount deposited in this FD will be collateral for your .

Minimum FD Amount

The minimum Fixed Deposit amount required to secure a Credit Card varies by bank. Typically, this minimum can range from ₹10,000 to ₹25,000, or even higher for Credit Cards with larger limits. Always check the bank's specific policies to understand their requirements and features.

HDFC Bank’s Credit Card against FD is an excellent product that enables you to continue earning interest on your FD while enjoying the benefits of a Credit Card. We do not ask for your income or employment information when you apply for this Credit Card. With our FD-based Credit Cards, you can start building your credit history and open the doors of eligibility for credit-based products like loans in future.

Visit HDFC Bank to apply for a Credit Card against FD an today.

​​​​​​​*Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Credit Card approvals at the sole discretion of HDFC Bank Limited. Credit Card approvals are subject to documentation and verification as per the bank’s requirements. Interest rates are subject to change. Please check with your RM or closest bank branch for current interest rates.

*Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances.