FD Interest Rates
(March 2026)

Fixed deposit interest rates come with the following features:

Lucrative Interest Rates: FDs tend to offer higher interest rates than savings accounts, providing the potential to earn greater returns.

Senior Citizen Perks: At HDFC Bank, individuals above 60 years of age can enjoy higher FD interest rates and special taxation benefits.

Interest Payout Frequency: You can opt for monthly, quarterly, annual, or cumulative interest payouts, aligning with your income needs or reinvestment strategies.

Flexible Tenure Options: FD rates differ across tenures, allowing you to choose a tenure that suits your financial goals.

The minimum FD amount required to open a fixed deposit account varies depending on the bank and type of account. 

Please refer to our website for detailed information.

Fixed Deposit interest is taxable. The interest earned on FDs is added to your total income and taxed based on your applicable income tax slab.

The minimum tenure for opening a fixed deposit account is generally 7 days. However, the maximum tenure can go up to 10 years or more, depending on your preference.

Yes, you can prematurely withdraw from an FD at HDFC Bank. However, whether you opt to prematurely close the FD or go with the sweep-in facility, premature liquidation charges will be applicable as per standard policy.

When it comes to growing your savings, Fixed Deposits (FDs) are a reliable and secure investment option that offers numerous advantages. As an investor, it is essential to explore options that provide stable returns, and bank FDs stand out for their competitive interest rates.

One of the primary reasons to invest in FDs is the predictability of returns. Unlike market-linked investments, Fixed Deposit rates remain unaffected by market fluctuations. This stability is especially beneficial for you if you are looking for a risk-free steady growth.

Furthermore, FDs offer flexibility in terms of tenure, with options ranging from a few months to several years. This makes it adaptable to your financial plans, whether you are saving for a short-term goal or planning for the long term.

Yes, at HDFC Bank, you can also choose to invest in a Five Year Tax-Saving Fixed Deposit. You can invest your savings and get guaranteed returns. Additionally, you can also save tax under Section 80C of the Income Tax Act, 1961.

Yes, you can book an FD at HDFC Bank via NetBanking facilities. However, to do so, you must have the financial transactional rights to use the facility in the first place. You will also have to ensure that the information required to access your NetBanking services is up to date.

Fixed Deposits, also known as FDs, are a popular investment option in India, known for their stability. With FDs, you can deposit a certain specific amount for a predetermined period at an agreed-upon interest rate.

The FD interest rate signifies the percentage of interest you will earn on the principal amount over your FD tenure. You will earn different rates for different tenures. The FD interest rates are influenced by factors like the Reserve Bank of India’s (RBI) monetary policy, inflation rates, and the overall economic scenario.

If you are looking for a safe investment, a Fixed Deposit is an excellent option. At HDFC Bank, you can open a Fixed Deposit with amounts as low as ₹5,000. Invest a sum of your choice and pick from a range of tenures suitable to you.

At HDFC Bank, you can enjoy attractive FD interest rates that will fetch you guaranteed returns regardless of market conditions. Plus, with added features such as sweep-in facilities and overdraft facilities, an HDFC Bank FD can be a real asset to your portfolio.

Open a Fixed Deposit at HDFC Bank today and make the most of the FD interest rates offered!

Fixed Deposit interest rates come with the following features:

• Lucrative Interest Rates: FDs tend to offer higher interest rates than Savings Account. There is a potential to earn greater returns with FDs.

• Senior Citizen Perks: At HDFC Bank, individuals above 60 years of age can enjoy higher FD interest rates and special taxation benefits.

• Interest Payout Frequency: You can opt for monthly, quarterly, annual, or even cumulative interest payouts, aligning with your income needs or reinvestment strategies.

• Flexible Tenure Options: FD rates differ across tenures. You can opt for a tenure of your choice, depending on your goals.

The interest on a fixed deposit is calculated based on the principal amount, tenure, and applicable interest rate. You can use our online FD calculator for accurate calculations.

To make the most of your fixed deposit investments, consider these tips.

1. Assess your financial goals and choose an FD tenure that aligns with them. Short-term FDs might suit immediate requirements, while long-term FDs can provide higher interest rates and tax benefits.

2. Diversify your investments by staggering FDs with different maturity dates. This strategy ensures regular liquidity while benefiting from higher FD rates on long-term deposits.

3. Keep an eye on interest rate trends, as they can impact your earnings. Opting for a cumulative FD could help compound your interest and provide greater returns upon maturity.

4. Consider splitting your investments between FDs and other investment instruments to balance risk and returns.

5. Be mindful of premature withdrawals, as they can attract penalties.

• Instant FD Booking: As an existing customer of the bank, you can instantly open an FD via online banking channels like NetBanking or Mobile Banking.

• Premature Withdrawal Available: You can close your FD before its maturity date. Note that doing so will attract premature withdrawal penalties.

• Autorenewal Facility: The bank will automatically renew your FD per the previous arrangement, at prevailing interest rates. You may provide renewal instructions of your choice.

• Nomination Facility: You can appoint a nominee for your FD at any time during the tenure. You also have the option to modify nominee details.

• Loan Against FD: You can pledge your FD to secure a quick loan to meet financial emergencies. This way you need to break your FD.

Yes, at HDFC Bank, you can opt for a Re-Investment FD wherein you can earn compound interest. The cumulative interest earned for the quarter is then added to the principal amount in the subsequent quarter and the interest is calculated on the total amount.

Yes, the interest earned on fixed deposits is taxable as per the Income Tax Act, 1961. TDS (tax deducted at source) is applicable when the interest exceeds a certain threshold.

Yes, at HDFC Bank, TDS (Tax Deducted at Source) is deducted from your FD earnings. However, as per the Income Tax Act, 1961, TDS is only deducted from your FD earnings when the interest from all your FDs cross a threshold of ₹ 40, 000 in a financial year.

If the interest earned is not sufficient to recover TDS, then the same is collected from the principal amount of the FD. If you have chosen to receive payouts every month or quarter then TDS will be recovered from the linked Current/Savings Account.

When you open a Fixed Deposit account at HDFC Bank, you can choose the intervals at which you would like to receive interest payouts. With the HDFC Bank Fixed Deposit, you can choose to receive your interest payouts on a monthly, quarterly or on maturity.

​​​​​​​The maximum FD limit varies from bank to bank and depends on factors like account type, tenure, and depositor’s status. It can range from a few lakhs to several crores.

The interest you earn with your Fixed Deposits is considered as ‘income from other sources’ while computing your Income Tax Returns. Per section 194A of the Income Tax Act, 1961, tax is deducted at the income’s point of origin. In case of FDs, since the point of origin is the bank, the bank will deduct TDS (tax deducted source) when your interest exceeds a certain specific threshold.

If your interest income on FDs exceeds ₹40,000 per financial year, TDS will be applicable. For senior citizens, the threshold for TDS deduction is ₹50,000. If you are exempted from tax payments, you can submit Form 15G to prevent the bank from deducting TDS. Senior citizen FD holders must submit form 15H.

You can opt for a monthly interest payout option with your FD. This option provides a regular income stream by disbursing a portion of the interest earned each month.