HDFC Fixed Deposit Rates 2025

HDFC fixed deposit rates vary for general and senior citizens depending on the tenure of the deposit. Choosing a tenure with the highest interest rate can help you earn more interest income. Stable Money partners with banks and NBFCs insured by DICGC (Deposit Insurance and Credit Guarantee Corporation), offering competitive interest rates for both regular and senior citizens.

HDFC Fixed Deposit Rates for General and Senior Citizens

HDFC Bank offers 3% to 7.40% to regular citizens on FD below ₹3 crore for varied tenures. In addition, the bank offers 3.50% to 7.90% to senior citizens for the same amount of deposit. For FD principal above ₹3 crore, HDFC Bank offers higher interest rates.

Term Wise HDFC Fixed Deposit Rates 

HDFC Bank offers different fixed deposits with variable interest rates for different tenures as follows:

• Short-term: HDFC Bank offers its short-term FD for 7 days to less than 1 year at 3% to 6% for regular citizens. Senior citizens get 3.50% to 6.50% on short-term FD for the same tenure. 
• Medium-term: HDFC Bank's medium-term fixed deposit has a tenure of 1 year to 5 years and an interest rate of 6.60% to 7,40% for regular citizens. Senior citizens receive 7.10% and 7.90% for the aforementioned tenures. HDFC Bank offers its highest rate of 7.90% to senior citizens for a tenure of 4 years, 7 months to 55 months.
• Long-term: HDFC Bank offers long-term FD for a tenure of 5 years 1 day to 10 years at 7% and 7.50% for regular and senior citizens respectively. 

Consider the example below to understand interest income from HDFC Bank FD interest rates:

Mr X booked an FD of ₹1,00,000 with HDFC Bank for 5 years at 7%, interest compounding quarterly. Then, Mr X will receive an interest of ₹41,476 and the maturity value of the fixed deposit will be ₹1,41,476.

You can get higher interest rates on FD up to 9.50% with Stable Money-partnered banks!

Benefits of HDFC Fixed Deposit Interest

Here are the benefits of HDFC Bank fixed deposit current interest rates:

• You can get an interest rate of up to 7.40% as a regular citizen.
• As a senior citizen, you can get a 0.50% higher interest rate.
• The interest rate for a longer tenure is usually higher.
• You can opt for monthly, quarterly or on-maturity interest payout options.
• Interest is compounded quarterly in cumulative fixed deposits to increase your earnings.

Eligibility to Avail HDFC Fixed Deposit Rates

The eligibility criteria for HDFC FD rates are as follows:

• Resident individuals
• Trust accounts
• Hindu Undivided Families
• Partnership Firms
• Sole proprietorship firms
• Limited companies

Documents Required to Avail HDFC Fixed Deposit Rates

Here are the documents required to avail HDFC FD interest rates:

• Recent photograph
• KYC documents such as PAN card, Aadhaar card, driving license, passport or voter card

Premature Withdrawal of HDFC FD

In case you need to liquidate your FD with HDFC Bank before maturity, you can consider premature withdrawal. However, the bank levies a penalty lower than the base rate of the actual tenure and the tenure of FD holding. 

Usually, HDFC bank levies a 1% penalty on the effective interest rate for premature withdrawal. Notably, FDs booked for 7 days to 14 days cannot be withdrawn before maturity. 

Tax on HDFC FD Interest

The interest earned from HDFC Bank FD is taxable under the Income Tax Act, 1961. However, there is no TDS (tax deducted at source) deduction if the total interest from FD during a financial year does not exceed ₹40,000 (₹50,000 for senior citizens). If it exceeds, a 10% TDS applies with PAN details submitted and 20% TDS applies with PAN details not submitted. 

Why Should You Choose Stable Money to Book Fixed Deposits?

Stable Money allows you to compare and book fixed deposits from partnered banks and NBFCs 24 * 7 using a single platform. You can book multiple FDs at high interest rates of up to 9.50% with our partnered banks without opening additional savings accounts at these banks. 

Our partnered banks offer quarterly interest compounding to increase your annualised interest income. With assistance from our customer support team, you can book an FD online from any location.