The following are the eligibility criteria for a Direct Deposit FD:
Applicants should not hold any Savings/Current Account with HDFC Bank.
Applicants must be resident Individuals of India & above 18 years of age.
Note: FD will be booked only after the customer completes Aadhaar eKYC, Video KYC, full KYC, and funding. Video KYC verification is a must to open a Direct Deposit FD with the Bank. In case the Video KYC is not completed within 72 hours, the customer will need to re-initiate the digital application process.
Click here to learn more about the HDFC Bank Direct Deposit FD.
Disclaimer: Terms and conditions apply. Direct Deposit FD approval is at the sole discretion of HDFC Bank Limited and is subject to documentation and verification as per the Bank's requirements. Interest rates are subject to change. Please check with your RM or the closest bank branch for current interest rates.
Yes, you can open a Fixed Deposit (FD) with HDFC Bank even if you do not have a Savings or Current Bank Account with us. However, you must meet the specified eligibility requirements to open the FD.
No, there are generally no credit score requirements for opening a Fixed Deposit (FD). Fixed Deposits are secured investments where you deposit a lump sum with the bank for a fixed tenure at a predetermined interest rate. Since you are not borrowing money or seeking credit, your credit score is typically not a factor in FD account approval. However, basic KYC (Know Your Customer) checks will still be performed to verify your identity and eligibility.
There is no limit to how many Fixed Deposit (FD) Accounts you can have. You can open multiple FDs with the same bank or different banks, depending on your needs. The Reserve Bank of India (RBI) does not restrict the number of FD Accounts a person can hold.