What’s in store for you
Additional Benefits
Wondering if you are eligible?
Documents required to apply
Frequently Asked Questions
HDFC Bank HealthCover FD is a unique investment product which offers both - the benefits of a Fixed Deposit & the safety of Hospital Cash Cover. On opening a HealthCover fixed deposit, Hospital Cash cover for the first year will be provided. For FD amount 5 lakhs to < 10 lakhs, Hospital Cash cover of ₹500 per day for 15 days & for an amount >=10 lakhs to 2.99 crores, Hospital Cash Cover of ₹1000 per day for 15 days.
Interest on HDFC Bank HealthCover FD is same as offered on Regular Fixed Deposit
Yes, monthly/quarterly interest payout option is available on HealthCover FD. However, rate applicable on monthly payout will be discounted over the standard deposit rate
Residents falling in the age group 18 to 59 years can avail of the HDFC Bank HealthCover FD
HealthCover FD can be booked for a minimum amount of ₹ 5 lakhs & Maximum amount of ₹2.99 crores.
HealthCover FD can be booked for a minimum tenure of 12 months & maximum tenure of 120 months.
Yes. However, if the Fixed Deposit is liquidated fully or partially i.e. (>=50% of original principal value) within a year, then the Health insurance cover will be de-activated with immediate effect
TDS will be applicable on the HealthCover FD as per the extant guidelines
HealthCover FD is a unique product proposition which offers Hospital Cash Cover valid for 1 year on opening of the FD.
Hospital Cash cover on the Fixed Deposit investment, for FD amount 5 lakhs to < 10 lakhs, Hospital Cash cover of ₹500 per day for 15 days & for amount >=10 lakhs to 2.99 crore, Hospital Cash Cover of ₹1000 per day for 15 days is given for the 1st year on a minimum FD of ₹5 lakhs & max ₹2.99 crore.
FD should be of ₹5 lakhs and above (max 2.99 crore) and of minimum tenure of 1 year. Age of customer investing in HealthCover FD should be between 18 and 59 years and the customer should be in good health
The Hospital Cash Cover will be valid for one year.
Customer does not have to pay any premium for the first year.
Customers can write to below ids for claim process & documentation:
Or
Please click here for detailed terms and conditions for Hospital Cash Cover.