New Delhi: HDFC Bank has launched its Special Edition Fixed Deposits (FDs), offering a unique opportunity to enhance your investment returns. For a limited time, you can earn higher interest rates on Fixed Deposits with tenures of 2 years and 11 months (35 months) and 4 years and 7 months (55 months). This exclusive offer is designed to help you make the most of your savings by providing superior returns compared to standard FD options.
HDFC Fixed Deposit rates 2024
1. Attractive Interest Rates: HDFC Bank’s Special Edition Fixed Deposits provide enhanced interest rates, making your savings work harder for you. With tenures of 35 and 55 months, customers have the flexibility to choose an FD term that aligns with their financial goals and investment horizon.
2. Senior Citizen Benefits: Senior citizens are rewarded with an additional 0.50 per cent interest on their Fixed Deposits. This extra benefit is part of HDFC Bank’s commitment to supporting senior investors with higher returns and better financial security.
3. Flexibility and Stability: Fixed Deposits offer predictable and stable returns, unaffected by market fluctuations. This makes them a reliable investment choice for those seeking steady growth and security for their hard-earned money.
4. Convenient Investment Options: HDFC Bank provides the convenience of instant FD booking through online banking channels, making it easy for existing customers to invest from the comfort of their home. Additionally, you can choose from various interest payout frequencies—monthly, quarterly, or annual—based on your financial needs.
6. Tax Efficiency: The interest earned on Fixed Deposits is considered income and is subject to TDS if it exceeds Rs 40,000 per financial year (Rs 50,000 for senior citizens). To avoid TDS deduction, you can submit Form 15G or 15H if you are eligible for tax exemption.
Complete list of HDFC Bank FD rates across tenures for deposits up to Rs 3 crore
Tenor Bucket
< 3 Crore
Interest Rate (per annum)
**Senior Citizen Rates (per annum)
7 – 14 days
3%
3.5%
15 – 29 days
3%
3.5%
30 – 45 days
3.5%
4%
46 – 60 days
4.5%
5%
61 – 89 days
4.5%
5%
90 days < = 6 months
4.5%
5%
6 months 1 days < = 9 months
5.8%
6.3%
9 months 1 day to < 1 year
6%
6.5%
1 year to < 15 months
6.6%
7.1%
15 months to < 18 months
7.1%
7.6%
18 months to < 21 months
7.3%
7.8%
21 months – 2 years
7%
7.5%
2 Years 1 day to < 2 Year 11 Months
7.0%
7.5%
2 Years 11 Months – 35 Months
7.4%
7.9%
2 Years 11 Months 1 day < = 3 Year
7%
7.5%
3 Years 1 day to < 4 Years 7 Months
7%
7.5%
4 Year 7 Months – 55 months
7.4%
7.9%
4 Year 7 Months 1 day < = 5 Years
7%
7.5%
5 Years 1 day – 10 Years
7%
7.5%
HDFC Bank FD rates: Unlock higher returns with HDFC Bank’s Special Edition Fixed Deposits, offering enhanced interest rates for tenures of 35 and 55 months. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
