Interest Rates
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FD Rate Change Alert: Enjoy an FD rate of 6.45% p.a. for a tenure of 18 months to 21 months. For Sr. Citizens, get an extra 0.50% p.a.! Don't miss out on the opportunity for FD amounts < 3 Cr.

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Interest Rates & Service Charges

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Interest Rates

Fixed Deposit

Achieve your goals easily as we guarantee you Higher Returns. Presenting, HDFC Bank Fixed Deposits.

Rates for Fixed Deposits

Applicable from 6th Mar, 2026.

6.45% % P.A.

18 months to < 21 months

6.50% % P.A.

3 Years 1 day < 4 Years 7 Months

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Extra 0.50% for Senior Citizens

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Domestic / NRO / NRE FIXED DEPOSIT RATE

​​​​​Applicable from 6th March, 2026

(Senior Citizen Rates do not apply to NRIs | Minimum tenor for NRE Deposit is 1 Year.)

Tenor Bucket < 3 Crore
  Interest Rate (per annum) **Senior Citizen Rates (per annum)
7 - 14 days 2.75% 3.25%
15-29 days 2.75% 3.25%
30-45 days 3.25% 3.75%
46-60 days 4.25% 4.75%
61-89 days 4.25% 4.75%
90 days <= 6 months 4.25% 4.75%
6 months 1 day <=9 months 5.50% 6.00%
9 months 1 day to < 1 Year  5.75% 6.25%
1 Year to < 15 months 6.25% 6.75%
15 months to < 18 months 6.35% 6.85%
18 months to < 21 months 6.45% 6.95%
21 months to 2 years 6.45% 6.95%
2 Years 1 day to < 2 Year 11 Months 6.45% 6.95%
2 Years 11 Months (35 months) 6.45% 6.95%
2 Years 11 Months 1 day <= 3 Year 6.45% 6.95%
3 Years 1 day to < 4 Years 7 Months 6.50% 7.00%
4 Year 7 Months (55 months) 6.40% 6.90%
4 Year 7 Months 1 day <=5 Years 6.40% 6.90%
5 Years 1 day to 10 Years 6.15% 6.65%

RESIDENT CUSTOMERS:

Click here  to book a deposit new way, using your mobile no.
Click here  to book a deposit via NetBanking > Accounts > Transact


NRI CUSTOMERS:

New customers: Click here to talk to our Executive!!
Existing customers: Click here to book a deposit online through NetBanking!!

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Domestic / NRO / NRE FIXED DEPOSIT RATE

Applicable from 7th March, 2026

(Senior Citizen Rates do not apply to NRIs | Minimum tenor for NRE Deposit is 1 Year.)

Tenor Bucket >=3 Crore to < 5 Crores
  Interest Rate (per annum) **Senior Citizen Rates (per annum)
7 - 14 days 3.50% 4.00%
15-29 days 3.50% 4.00%
30-45 days 4.75% 5.25%
46-60 days 5.00% 5.50%
61-89 days 5.25% 5.75%
90 days <= 6 months 5.50% 6.00%
6 months 1 day <= 9 months 5.75% 6.25%
9 months 1 day to < 1 Year  6.00% 6.50%
1 Year to < 15 months 6.25% 6.75%
15 months to < 18 months 6.25% 6.75%
18 months to < 21 months 6.40% 6.90%
21 months to 2 years 6.40% 6.90%
2 year 1 day to 3 years 6.25% 6.75%
3 year 1 day to 5 years 6.35% 6.85%
5 year 1 day to 10 years 6.15% 6.65%

RESIDENT CUSTOMERS:

Click here  to book a deposit new way, using your mobile no.
Click here  to book a deposit via NetBanking > Accounts > Transact
 

As interest rates are subject to change without prior notice, depositor shall ascertain the rates on the value date of FD

The base rate applicable is the interest rate of the date of deposit acceptance under tenor for which the deposit has been in force with the bank.
 

NRI CUSTOMERS:

NEW Customers: Click here to talk to our Executive!!
EXISTING Customers: Click here to book a deposit online through NetBanking!!

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DOMESTIC/NRE/NRO TERM DEPOSITS FOR AMOUNTS EQUAL & MORE THAN RS. 5 Cr (Withdrawable)

RATES - DOMESTIC/NRE/NRO TERM DEPOSITS FOR AMOUNTS EQUAL & MORE THAN RS. 5 Cr (Withdrawable)
APPLICABLE FOR 17th March, 2026 

Period

5crore<5.25 crore

>=5.25 crore <5.50 crore

>=5.50 crore <24.75 crore

>=24.75 crore to <25 crore

>= 25crore to < 50 crore

>=50 crore to < 100 crore

>=100 crore to 200 crore

>=200 crore to < 300 crore

>= 300 crore <500

>= 500 crore

7 - 14 days

3.50%

3.50%

3.50%

3.50%

3.75%

3.75%

3.75%

3.75%

3.75%

3.75%

15-29 days

3.50%

3.50%

3.50%

3.50%

3.75%

3.75%

3.75%

3.75%

3.75%

3.75%

30-45 days

4.75%

4.00%

4.75%

4.00%

4.75%

4.75%

4.75%

4.75%

4.75%

4.75%

46-60 days

5.00%

4.00%

5.00%

4.00%

6.25%

6.40%

6.25%

6.25%

6.25%

6.25%

61-88 days

5.25%

4.00%

5.25%

4.00%

6.25%

6.25%

6.65%

6.25%

6.25%

6.25%

89 days <= 120 Days

5.50%

4.00%

5.50%

4.00%

6.25%

6.25%

5.95%

5.95%

5.95%

5.95%

121 days <= 150 days

5.50%

4.00%

5.50%

4.00%

6.00%

6.65%

6.00%

6.00%

6.00%

6.00%

151 days <=6 Months

5.50%

4.00%

5.50%

4.00%

6.10%

6.10%

6.10%

6.10%

6.10%

6.10%

6 months 1 day <=9months

5.75%

4.00%

5.75%

4.00%

6.65%

6.10%

6.10%

6.10%

6.10%

6.10%

9 months 1 day to < 1 Year

6.00%

4.25%

6.00%

4.25%

6.10%

6.10%

6.50%

6.50%

6.50%

6.50%

1 Year to < 15 months

6.75%

4.25%

6.75%

4.25%

7.05%

7.05%

7.10%

7.20%

7.26%

7.26%

15 months to < 18 months

6.25%

4.25%

6.25%

4.25%

6.15%

6.15%

6.15%

6.15%

6.15%

6.15%

18 months to < 21 months

6.40%

4.25%

6.40%

4.25%

6.15%

6.15%

6.15%

6.15%

6.15%

6.15%

21 months to 2 years

6.40%

4.25%

6.40%

4.25%

6.15%

6.15%

6.15%

6.15%

6.15%

6.15%

2 year 1 day to 3 years

6.25%

4.25%

6.25%

4.25%

6.25%

6.25%

6.25%

6.25%

6.25%

6.25%

3 year 1 day to 5 years

6.35%

4.25%

6.35%

4.25%

6.35%

6.35%

6.35%

6.35%

6.35%

6.35%

5 year 1 day to 10 years

6.15%

4.25%

6.15%

4.25%

6.15%

6.15%

6.15%

6.15%

6.15%

6.15%

IMPORTANT NOTES:

1. With effect from July 22nd, 2023, the interest rate applicable for premature withdrawal including Sweep-in/Partial Withdrawal will be 1% lower (as applicable) of the rate on the date of deposit booked, to the period for which deposit remained with the bank and not at the contracted rate. No Interest will be paid if the NRE deposit is prematurely withdrawn before 1 Year. The minimum tenor for NRE deposit is 1 Year .

2. Central or State Government establishments such as Apex Bodies, Union Government, State Government, Union Territories Government, Legislature, Judiciary, Embassies, Missions, Panchayat, District, Local Body and certain other entities which are 100% owned by Government shall be eligible for exemption from penalty applicable on premature withdrawal of Fixed deposits for Deposits booked/renewed on or after 1st July’23. Customers who wish to avail this facility on new booking or renewal, are requested to visit nearest Branch prior to new booking or date of renewal of deposit with request letter and requisite documents (if required). For more details, Please contact your Branch/Relationship Manager. Please note this facility will not be available for online booking of FD.

3. Single Fixed Deposit of Rs. 25 crore and above (WEF 01/09/2017) and single deposits booked in 5.25 crore<5.50 crore and 24.75 crore< 25 crore (WEF 29/08/2018), With effect from July 22nd, 2023, the interest rate applicable for premature withdrawal will be the rate on the date of deposit booked, to the period for which deposit remained with the bank and not at the contracted rate.

4. Partial withdrawal and sweep-in facility is not allowed (except for amounts greater than or equal to 25 crs).

5. The interest is calculated on a quarterly basis for deposits with a tenor above 6 months. A deposit with a tenor <= 6 months, interest is calculated on maturity as Simple Interest. The period of such Fixed Deposit is calculated in number of days.

6. The FD rate applicable for a monthly interest option will be a discounted rate over the standard FD Rate. Please contact the nearest Branch for further information.

7. Deposit will be booked upon availability of clear funds with the bank and applicable interest rate will be given as on the date of receipt of the funds by the bank.

8. The above rates are applicable for fresh and renewal fixed deposits and are subject to change from time to time without prior notice.

9. For terms and conditions and other details , please contact your nearest HDFC Bank Branch/Relationship Manager

10. As interest rates are subject to change without prior notice, depositor shall ascertain the rates on the value date of FD.

11. Tax at source is deducted as per the Income Tax regulations prevalent from time to time..

Non- Withdrawable Interest Rates for 2 Cr and above

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​​​​​​​NON WITHDRAWABLE DOMESTIC/NRE/NRO TERM DEPOSITS FOR AMOUNTS EQUAL & MORE THAN RS. 2 Cr

RATES - NON WITHDRAWABLE DOMESTIC/NRE/NRO TERM DEPOSITS FOR AMOUNTS EQUAL & MORE THAN RS. 2 Cr
APPLICABLE FOR 17th March, 2026 

Period

2 crore to < 5 crore

5crore<5.25 crore

>=5.25 crore <5.50 crore

>=5.50 crore <24.75 crore

>=24.75 crore to <25 crore

>= 25crore to < 50 crore

>=50 crore to < 100 crore

>=100 crore to <200 crore

>=200 crore to < 300 crore

>= 300 crore <500

>= 500 crore

89 days <= 120 Days

NA

5.90%

5.90%

5.90%

5.90%

6.26%

6.26%

6.20%

6.20%

6.20%

6.20%

121 days <= 150 days

NA

5.90%

5.90%

5.90%

5.90%

6.25%

6.66%

6.25%

6.25%

6.25%

6.25%

151 days <=6 Months

NA

5.90%

5.90%

5.90%

5.90%

6.25%

6.25%

6.25%

6.25%

6.25%

6.25%

6 months 1 day <=9months

NA

6.00%

6.00%

6.00%

6.00%

6.66%

6.35%

6.35%

6.35%

6.35%

6.35%

9 months 1 day to < 1 Year

NA

6.10%

6.10%

6.10%

6.10%

6.35%

6.35%

6.55%

6.55%

6.55%

6.55%

1 Year to < 15 months

6.30%

6.80%

6.80%

6.80%

6.80%

7.10%

7.10%

7.25%

7.30%

7.33%

7.38%

15 months to < 18 months

6.30%

6.30%

6.30%

6.30%

6.30%

6.30%

6.30%

6.30%

6.30%

6.30%

6.30%

18 months to < 21 months

6.45%

6.45%

6.45%

6.45%

6.45%

6.25%

6.25%

6.25%

6.25%

6.25%

6.25%

21 months to 2 years

6.45%

6.45%

6.45%

6.45%

6.45%

6.25%

6.25%

6.25%

6.25%

6.25%

6.25%

2 year 1 day to 3 years

6.35%

6.35%

6.35%

6.35%

6.35%

6.35%

6.35%

6.35%

6.35%

6.35%

6.35%

3 year 1 day to 5 years

6.45%

6.45%

6.45%

6.45%

6.45%

6.45%

6.45%

6.45%

6.45%

6.45%

6.45%

5 year 1 day to 10 years

6.25%

6.25%

6.25%

6.25%

6.25%

6.25%

6.25%

6.25%

6.25%

6.25%

6.25%

IMPORTANT NOTES:

1. The Fixed Deposits does not have any premature withdrawal facility i.e. the Fixed Deposits cannot be closed by the depositor before expiry of the term of such deposit. However, the Bank may allow premature withdrawal of these deposits in the exceptional circumstance such as in the event of any direction from any judiciary /statutory / bankruptcy and / or regulatory authorities cases or deceased claim settlement cases

2. In the event of premature withdrawal of these deposits under above mentioned exceptional circumstances (except for deceased claim settlement case), the Bank will not pay any interest on the principal amount of the deposit. Any interest credited or paid up to the date of such premature closure will be recovered from the deposit

3. In the event of premature withdrawal of these FDs due to death claim, interest to be paid to the claimant. With effect from July 22nd, 2023, the interest rate applicable for premature withdrawal will be the rate on the date of deposit booked, to the period for which deposit remained with the bank and not at the contracted rate.

4. Sweep-in facility and partial withdrawal is not allowed.

5. The deposit is allowed for Non Resident Category also. The minimum tenor for NRE deposit is 1 Year.

6. The deposit will be booked with maturity instruction as ‘Do Not Renew’

7. The Non Withdrawable Deposit is offered for amount 2 crore and above only.

8. The minimum tenor for resident and NRO deposits of 2 crores is 1 year and 89 days for 5 crore & above.

9. The interest is calculated on a quarterly basis for deposits with a tenor above 6 months.

10. The FD rate applicable for a monthly interest option will be a discounted rate over the standard FD Rate. Please contact the nearest Branch for further information.

11. Deposit will be booked upon availability of clear funds with the bank and applicable interest rate will be given as on the date of receipt of the funds by the bank.

12. The above rates are applicable for fresh fixed deposits and are subject to change from time to time without prior notice.

13. For terms and conditions and other details, please contact your nearest HDFC Bank Branch/Relationship Manager.

14. As interest rates are subject to change without prior notice, depositor shall ascertain the rates on the value date of FD.

15. Tax at source is deducted as per the Income Tax regulations prevalent from time to time.

FCNR And RFC Deposit Rates

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Period GBP USD EURO JPY AUD CAD SGD Effective Date
    <1 lakh >= 1 lakh to < 5 lakh >= 5 lakh to < 1 mio >= 1 mio to < 10 mio >= 10 mio to < 20 mio >= 20 mio to < 100 mio >= 100 mio          
1 Year- less than 2 years 3.70% 3.85% 4.00% 4.00% 4.25% 4.10% 4.10% 4.10% 2.20% 1.10% 4.60% 2.50% 1.45% March 12, 2026
2 years - less than 3 years N/A 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% N/A N/A 4.05% 2.00% N/A March 1, 2026
3 year to less than 4 years N/A 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% N/A N/A 3.90% 1.90% N/A March 1, 2026
4 years to less than 5 years N/A 2.65% 2.65% 2.65% 2.65% 2.65% 2.65% 2.65% N/A N/A 3.80% 1.70% N/A March 1, 2026
5 years only N/A 2.45% 2.45% 2.45% 2.45% 2.45% 2.45% 2.45% N/A N/A 3.60% 1.50% N/A March 1, 2026

New Customers: Click here to talk to our Executive!! EXISTING Customers: Click here to book a deposit online through NetBanking!! 

Click here to talk to our PHONEBANKING Agent!!

IMPORTANT NOTES:

FCNR Deposits:  Existing FCNR deposits booked under GBP, EURO & JPY currencies for the tenor 1 year 1 day to 5 year and which are due for auto renewal will be auto renewed for 1 year tenor by default.

No interest will be paid if the FCNR Deposit is prematurely withdrawn before 1 year. No Penalty will be levied on premature closure of FCNR Fixed Deposit.

With effect from July 22nd, 2023, the interest rate applicable for premature withdrawal including Partial Withdrawal on FCNR Deposits will be the rate on the date of deposit booked for the period for which deposit remained with the bank and not at the contracted rate.

Prior to July 22nd, 2023, For Premature Closure (for all amounts, and for including Sweep In / Partial Withdrawal), the final rate applicable will be lower of either: a) the rate for the original /contracted tenor for which deposit has been booked or b) the base rate applicable for the tenor for which the deposit has been in force with the bank.

The base rate is the rate applicable to deposits of less than 1 Mn as on the date of booking the deposit. The paid interest amount (in case of half yearly pay out mode) will be adjusted against Principal Balance of the Deposit in case of Premature withdrawal of the FCNR Deposit before 1 year. The interest is calculated on a half yearly basis. Interest for re-investment deposit is calculated every six months and the Principal is increased to include interest earned during the previous six months. Deposit will be booked upon availability of clear funds with the bank and applicable interest rate will be given as on the date of receipt of the funds by the bank.

The interest rates are applicable for fresh and renewal fixed deposits and are subject to change from time to time. Kindly check the rates before booking the FCNR Fixed Deposit. The FCNR Deposit booking request through Netbanking will be processed within 2 working days except Saturday, Sunday, Indian public holidays, International currency holidays. The actual interest rate and forex rate being applied will be the one which is prevailing at the time of processing the deposit and not at the time of receiving the request.

Period GBP USD EURO JPY Effective Date
    <1 lakh >= 1 lakh to < 5 lakh >= 5 lakh to < 1 mio >= 1 mio to < 10 mio >= 10 mio to < 20 mio >= 20 mio to < 100 mio >= 100 mio      
Less than 29 Days 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% December 1, 2018
30 days - 3 Months 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% December 1, 2018
3 Months 1day - 6 Months 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% December 1, 2018
6 Months 1day to less than 1 Year 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% December 1, 2018
1 Year-less than 2 years 3.70% 3.85% 4.00% 4.00% 4.25% 4.10% 4.10% 4.10% 2.20% 1.10% March 12, 2026
2 years - less than 3 years 0.01% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 0.01% 0.01% March 1, 2026
3 years only 0.01% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 0.01% 0.01% March 1, 2026

Important Notes

RFC SAVINGS RATE 0.01% 0.01% NA NA August 1, 2017
EEFC Deposit would be accepted only in current A/c (According to RBI guidelines)

Note: As per the Terms & Conditions of Fixed Deposit Accounts of the bank,

With effect from July 22nd, 2023, the interest rate applicable for premature withdrawal including Partial Withdrawal on RFC Deposits will be 1% less of the rate on the date of deposit booked for the period for which deposit remained with the bank and not at the contracted rate. This is provided your RFC FD interest is equivalent to 1% or more. 

Prior to 22nd July 2023, the interest rate applicable for premature closure of deposits (all amounts) will be 1% lower of : The base rate for the original/contracted tenure for which the deposit has been booked OR The base rate applicable for the tenure for which the deposit has been in force with the Bank. This is provided your RFC FD interest is equivalent to 1% or more. 

*Applicable interest rates will be given as on the date of receipt of the funds by the bank. RFC FD are offered only to Returning NRI's. FCNR Deposits (if any) held by Returning NRI during NRI tenure will be renewed as RFC deposits subject to renewal instructions being maintained against the FCNR Deposit opened during NRI tenure.  

Recurring Deposit Interest Rates

Recurring Deposit Rates(Resident / NRO / NRE Customers)

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HDFC Bank Fixed Deposits and Recurring Deposits offer a safe and convenient way of achieving your financial goals.  

Rates for some key tenures:

Period Interest Rate (per annum) **Senior Citizen Rates (per annum) Effective From
6 Months 4.25% 4.75% Jun 10, 2025
9 Months 5.50% 6.00% Jun 10, 2025
12 Months 6.25% 6.75% Jun 10, 2025
15 Months 6.35% 6.85% Jun 25, 2025
18 Months 6.45% 6.95% Dec 17, 2025
21 Months 6.45% 6.95% Jun 10, 2025
24 Months 6.45% 6.95% Jun 10, 2025
27 Months 6.45% 6.95% Jun 10, 2025
30 Months 6.45% 6.95% Jun 10, 2025
33 Months 6.45% 6.95% Jun 10, 2025
36 Months 6.45% 6.95% Jun 10, 2025
39 Months 6.50% 7.00% Mar 6, 2026
42 Months 6.50% 7.00% Mar 6, 2026
45 Months 6.50% 7.00% Mar 6, 2026
48 Months 6.50% 7.00% Mar 6, 2026
51 Months 6.50% 7.00% Mar 6, 2026
54 Months 6.50% 7.00% Mar 6, 2026
57 Months 6.40% 6.90% Jun 10, 2025
60 Months 6.40% 6.90% Jun 10, 2025
63 Months 6.15% 6.65% Jun 10, 2025
66 Months 6.15% 6.65% Jun 10, 2025
69 Months 6.15% 6.65% Jun 10, 2025
72 Months 6.15% 6.65% Jun 10, 2025
75 Months 6.15% 6.65% Jun 10, 2025
78 Months 6.15% 6.65% Jun 10, 2025
81 Months 6.15% 6.65% Jun 10, 2025
84 Months 6.15% 6.65% Jun 10, 2025
87 Months 6.15% 6.65% Jun 10, 2025
90 Months 6.15% 6.65% Jun 10, 2025
93 Months 6.15% 6.65% Jun 10, 2025
96 Months 6.15% 6.65% Jun 10, 2025
99 Months 6.15% 6.65% Jun 10, 2025
102 Months 6.15% 6.65% Jun 10, 2025
105 Months 6.15% 6.65% Jun 10, 2025
108 Months 6.15% 6.65% Jun 10, 2025
111 Months 6.15% 6.65% Jun 10, 2025
114 Months 6.15% 6.65% Jun 10, 2025
117 Months 6.15% 6.65% Jun 10, 2025
120 Months 6.15% 6.65% Jun 10, 2025

Important Notes

**Only Resident Senior Citizen Individuals are eligible for higher rates of interest.
​​​​​​​
*Special Edition Fixed Deposit rates of 33 month and 55 month are not applicable for RD booking.(Except Passion Fund)​​​​​​​

NRE Recurring Deposit can be booked for a minimum tenure of 12 months​​​​​​​

Premature Liquidation

With effect from July 22nd, 2023, the interest rate applicable for premature withdrawal  will be the rate on the date of deposit booked, to the period for which deposit remained with the bank and not at the contracted rate.

Prior to July 22nd, 2023, The interest rate applicable on premature closure of deposits (all amounts) will be lower of: 

a) The rate for the original/contracted tenor for which the deposit has been booked
OR 
b) The base rate applicable for the tenor for which the deposit has been in force with the Bank

For deposits booked on or after 7th march'19, the base rate is the rate applicable to deposits of less than Rs.2 Cr as on the date of booking the deposit. Prior to this the base rate is the rate applicable to deposits of less than Rs.1 Cr as on the date of booking the deposit.

The Minimum tenor for earning the interest on NRE Recurring Deposit is 1 year. No Interest will be paid if the NRE Recurring Deposit is prematurely withdrawn before 1 year.

The Minimum tenor for earning the interest on NRO Recurring Deposit is 1 Month. No Interest will be paid if the NRO Recurring Deposit is prematurely withdrawn before 1 Month. Tax at Source is deducted as per the Income Tax regulations prevalent from time to time (applicable on NRO Recurring Deposits)

With effect from Oct 24, 2015, the following changes would be applicable to all Recurring Deposits.

Interest on a Recurring Deposit will be calculated from the date the instalment is paid.

The method of calculation of interest on RDs will be on Actual / Actual Quarterly Compounding.

TDS on RD is applicable as per Finance Act 2015. TDS will be deducted when interest payable or
reinvested on RD and FD per customer across all branches, exceeds Rs.40,000/- (Rs. 50,000/- for
senior citizens) in a financial year.

TDS on RD accounts (if applicable) will be recovered on RD interest if Savings/Current accounts linked to RD are not maintained for TDS recovery, effective 4th Feb '2018

Interest and Penalty calculation methods are as per the IBA Guidelines.

* The Recurring Deposit Advice will be dispatched to your recorded mailing address within 3-4 working days of opening your account.

Diplomat/Embassy Deposits​​​​​​​ Rates

Period

<1 lakh

>= 1 lakh to < 5 lakh

>= 5 lakh to < 1 mio

>= 1 mio to < 10 mio

>= 10 mio to < 20 mio

>= 20 mio to < 100 mio

>= 100 mio

 Effective Date

1 month

1.25%

1.25%

1.25%

1.25%

1.25%

1.25%

1.25%

01-Jan-2026

3 months

2.50%

2.50%

2.50%

2.50%

2.50%

2.50%

2.50%

01-Jan-2026

6 months

3.20%

3.20%

3.20%

3.20%

3.20%

3.20%

3.20%

01-Feb-2026

1 year

3.85%

3.85%

3.85%

3.85%

3.85%

3.85%

3.85%

01-Feb-2026

Important Notes for website update

1. Fcy Term Deposits for Diplomats/Non-Diplomatic Staff and Diplomatic Missions can be booked under USD currency only for 4 fixed tenor of month, 3 month, 6 months and 12 months.

2. The minimum deposit tenor 1 month and maximum tenor 12 months.

3. Minimum single deposit amount will be USD 5000 equivalent and in multiple of 1000.

4. Rates will be published/changed with effect from 1st of every month.

5. Once FD is booked as per instructions, no change in Tenor will be permitted till its maturity.

6. Renewal of term deposit will not be allowed, and post maturity the proceeds will be credited back to source foreign currency account by default.

7. Re-booking Term deposit will involve submission of fresh request form with all applicable declaration and nomination form.

8. In case of partial/premature withdrawal the rate for actual tenor will apply less penalty, in case if penalty rate is more than applied interest rate it will be considered zero interest rate and no interest will be paid.

9. Penalty rate for Fixed deposits will be 0.5% for premature withdrawal.

10. If a term deposit is maturing for payment on a non-business working day, interest will be calculated at the originally contracted rate on the original principal deposit amount for the non-business working day, intervening between the date of maturity of the specified term of the deposit and the date of payment of the proceeds of the deposit on the succeeding working day.

11. The interest rates are subject to change from time to time. Please check the rates before booking of the Term deposit.

12. The actual interest rate being applied will be the one prevailing at the time of processing the deposit and not at the time of receiving the request.

Important Notes: Resident Customers

   
Interest Rates Interest rates are subject to change from time to time. Applicable interest rates will be given as on the date / time of receipt of the funds by the bank. When booking FD through NetBanking please note the actual interest rate being applied on the "Confirm" screen. This screen appears before you confirm your request for opening a new FD. In order to see the latest information, we request you to clear your browsers cache to see the updated interest rates.

For Fixed Deposit Interest Rate Less Than 3 Cr- It is reiterated that the interest rate applicable on multiple deposits, across all channels, made by the same customer in a single day in one particular tenor bucket would be the rate which is applicable for the aggregate value or the individual value whichever is lower.

Whereas, for Fixed Deposit Interest Rate Greater Than Or Equal To 3 Cr but Less Than 5 Cr, the interest rate applicable on multiple deposits, across all channels, made by the same customer in a single day in one particular tenor bucket would be the rate which is applicable for the aggregate value.

As interest rates are subject to change without prior notice, depositor shall ascertain the rates on the value date of FD
Tenor Bucket Tenor Bucket "means the various tenure slabs as updated in the interest rate sheet on the website. For ex: e.g., ”1 Y 1d to 2 Y’ is one particular tenor bucket, similarly “5 Y 1 d to 10 Y“ is also one particular tenor bucket.

The Minimum tenure for earning FD interest is 7 days.
Senior Citizens Only Senior Citizens / Retired Personnel (60 years and above) who are Resident Individuals are eligible. The special rates are applicable only for Resident deposits.
TDS Tax at Source is deducted as per the Income Tax regulations prevalent from time to time
Premature Withdrawal With effect from July 22nd, 2023, the interest rate applicable for premature withdrawal including Sweep-in/Partial Withdrawal will be 1% less (penalty as applicable) of the rate on the date of deposit booked, to the period for which deposit remained with the bank and not at the contracted rate.

Prior to July 22nd, 2023, For Premature Closure (for all amounts, and for including Sweep In / Partial Withdrawal), the final rate applicable will be 1% below that of the lower of either:

a) the rate for the original /contracted tenor for which deposit has been booked
or
b) the base rate applicable for the tenor for which the deposit has been in force with the bank except for the deposits booked with tenor 7-14 days.

For deposits booked on or after 7 March 2019 the base rate applicable to deposits in point b above is the Rate Applicable to Deposits of Less than 2 Crores, as on the date of the deposit.

Prior to FD's booked on 7 March 2019, the base rate is the rate applicable to deposits of Less than 1 crore as on the date of deposit
Exemption from penalty on premature withdrawal Central or State Government establishments such as Apex Bodies, Union Government, State Government, Union Territories Government, Legislature, Judiciary, Embassies, Missions, Panchayat, District, Local Body and certain other entities which are 100% owned by Government shall be eligible for exemption from penalty applicable on premature withdrawal of Fixed deposits for Deposits booked/renewed on or after 1st July’23.

Customers who wish to avail this facility on new booking or renewal, are requested to visit nearest Branch prior to new booking or date of renewal of deposit with request letter and requisite documents (if required). For more details, Please contact your Branch/Relationship Manager. Please note this facility will not be available for online booking of FD.

When you open a Fixed deposit with HDFC Bank Interest on Term Deposits is calculated as below:

   
Fixed Deposits for the tenor <= 6 months Simple Interest is paid
Fixed Deposits for the tenor > 6 months with Quarterly Interest Payout option On a Quarterly basis
Fixed Deposits for the tenor > 6 months with Monthly Interest Payout option Interest is calculated for the quarter and paid monthly at a discounted rate over the standard deposit rate
Fixed Deposits for the tenor > 6 months with Interest Reinvestment option Cumulative Interest for the Quarter is added to the Principal in subsequent quarter and interest is calculated on total amount

The Bank computes interest based on the actual number of days in a year. In case, the Deposit is spread over a leap and a non-leap year, the interest is calculated based on the number of days i.e., 366 days in a leap year & 365 days in a non-leap year. The period of Fixed Deposit is calculated in number of days.

Important Notes: NRI Customers

   
Interest Rates Interest rates are subject to change from time to time. Applicable interest rates will be given as on the date / time of receipt of the funds by the bank. When booking FD through NetBanking please note the actual interest rate being applied on the "Confirm" screen. This screen appears before you confirm your request for opening a new FD. In order to see the latest information, we request you to clear your browsers cache to see the updated interest rates.

It is reiterated that the interest rate applicable on multiple deposits, across all channels, made by the same customer in a single day in one particular tenor bucket would be the rate which is applicable for the aggregate value or the individual value whichever is lower.
​​​​​​​
As interest rates are subject to change without prior notice, depositor shall ascertain the rates on the value date of FD
Tenor Bucket Tenor Bucket "means the various tenure slabs as updated in the interest rate sheet on the website . For ex: e.g.” 1 Y 1d to 2 Y “ is one particular tenor bucket, similarly “ 5 Y 1 d to 10 Y “ is also one particular tenor bucket.

The Minimum tenor for earning the interest on NRO Fixed Deposit is 7 days.

The Minimum tenor for earning the interest on NRE Fixed Deposit is 1 year.
Senior Citizens The Senior Citizen Rates are only for Resident Indians and do not apply to NRIs.
TDS Tax at Source is deducted as per the Income Tax regulations prevalent from time to time (applicable on NRO Fixed Deposits)
Premature Withdrawal No Interest will be paid if the NRE Deposit is prematurely withdrawn before 1 year. No Penalty will be levied on premature closure of NRE Fixed Deposit. Partial premature withdrawal and sweep-in facility is not allowed for NRE/NRO fixed deposits booked between 5 Crore to less than 25 Crore.

With effect from July 22nd, 2023, the interest rate applicable for premature withdrawal including Sweep-in/Partial Withdrawal on NRO Deposits will be 1% less of the rate on the date of deposit booked for the period for which deposit remained with the bank and not at the contracted rate.

With effect from July 22nd, 2023, the interest rate applicable for premature withdrawal including Sweep-in/Partial Withdrawal on NRE Deposits will be the rate on the date of deposit booked for the period for which deposit remained with the bank and not at the contracted rate.

The Interest on Term Deposits for the deposits booked by us, is calculated as below:

   
Fixed Deposits for the tenor <= 6 months Simple Interest is paid
Fixed Deposits for the tenor > 6 months with Quarterly Interest Payout option On a Quarterly basis
Fixed Deposits for the tenor > 6 months with Monthly Interest Payout option Interest is calculated for the quarter and paid monthly at a discounted rate over the standard deposit rate
Fixed Deposits for the tenor > 6 months with Interest Reinvestment option Cumulative Interest for the Quarter is added to the Principal in subsequent quarter and interest is calculated on total amount

The Bank computes interest based on the actual number of days in a year. In case, the Deposit is spread over a leap and a non-leap year, the interest is calculated based on the number of days i.e.,366 days in a leap year & 365 days in a non-leap year. The period of Fixed Deposit is calculated in number of days.

 

Comprehensive Deposit Policy

To View Comprehensive Deposit Policy Click Here

Savings Account Interest Rate

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Domestic, NRO and NRE Savings Rate

Effective 24th June 2025, Rate of Interest for Savings Bank deposits Accounts has been revised as follows:

Savings Balance (Rs) Interest Rate p.a
Across All Account Balances 2.50%

Note:

  • Savings Bank interest will be calculated on the daily balances maintained in your account.
  • Savings Bank interest will be paid at quarterly intervals

RFC Savings (for Returning NRIs) Interest Rate

This is to inform you that our RFC Savings Account Interest Rates effective July 1, 2017 are as below:

GBP USD Euro JPY
0.01% 0.01% NA NA

EEFC Deposit would be accepted only in current A/c (According to RBI guidelines.)

Historic Rates

Click here for Historic Savings Account Interest Rate

Click here for Historic MCLR

Click here for Historic PLR Base Rate

Click here for Historic Deposit Rates < 3 Cr 

Click here for Historic Deposit Rates  3 to 5 Cr  

Click here for Historic Deposit Rates < 5 Cr 

Click here for Historic Deposit Rates >=5 Cr

Click here for Historic Non-Withdrawable deposit rates >=5 Cr 

Click here for Historic Diplomat/Embassy Deposits Rates 

Marginal Cost Of Funds-Based Lending Rates (MCLR)

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Effective Date: March 07, 2026

Tenor MCLR

Overnight

8.15%

1 Month

8.15%

3 Month

8.25%

6 Month

8.35%

1 Year

8.35%

2 Year

8.45%

3 Year

8.55%

External benchmark linked rates (EBLR)

The Bank uses the RBI Policy Repo Rate and the Government of India Treasury Yield published by Financial Benchmarks India Ltd as external benchmarks for pricing loans .

Base Rate

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The revised Base Rate will be 8.80% and will be effective from Dec 26, 2025

Benchmark PLR

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Effective December 26, 2025 , the Benchmark PLR (BPLR) of HDFC Bank Ltd. has been revised to 17.30%.

Forex Rates

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To view detailed Forex Rates, kindly click here​​​​​​​​​​​​​

NR Forex Rates

March 16, 2026 Conversion rate
Currency_Name Currency Currency_Code NR Rates
United States Dollar USD 2 91.68
Euro EUR 6 104.79
Great Britain Pound GBP 3 121
Japanese Yen JPY 5 0.5692
Australian Dollar AUD 8 63.59
Canadian Dollar CAD 10 66.42
Swiss Francs CHF 7 115.71
Hong Kong Dollar HKD 15 11.5
Singapore Dollar SGD 11 71.47
New Zealand Dollar NZD 18 51.81
Swedish Kroner SEK 14 9.41
U.A.E. Dirham AED 12 24.49
Danish Krone DKK 13 13.74
Norwegian Krone NOK 16 9.1
Saudi Riyal SAR 20 23.98
Omani Rial OMR 23 233.49
South African Rand ZAR 32 5.28
Interest cost
Currency Tenor Cost
USD/INR   6 months 0.0314
USD/INR   12 months 0.0286
GBP/INR  12 months 0.0254
EUR/INR  12 months 0.0428