What is the highest HDFC FD rate for senior citizens?

The highest HDFC Senior Citizen FD rate is 7.00% p.a. for deposits between 5 and 10 years.

Is HDFC FD Safe for Senior Citizens?

HDFC fixed deposits are safe as deposits up to ₹5 lakh per depositor per bank are covered under DICGC insurance.

Can senior citizens get a monthly income from an HDFC FD?

Yes. HDFC offers non-cumulative fixed deposits where interest can be paid monthly, quarterly, half-yearly, or annually.

What is the minimum amount required to open an HDFC Senior Citizen FD?

The minimum amount required to open an HDFC Senior Citizen Fixed Deposit is ₹1,000.

Is interest earned on HDFC Senior Citizen Fixed Deposits taxable?

Yes. Interest earned on HDFC Senior Citizen Fixed Deposits is taxable as per the applicable income tax slab. Banks may deduct TDS if annual FD interest exceeds the prescribed threshold limit.

HDFC Senior Citizen Fixed Deposit Rates

Name: HDFC Senior Citizen FD Rates
Brand: Interest Rates
Rating: 4.7 (10334 reviews)

HDFC offers attractive FD rates for senior citizens ranging from 3.55% to 7.05% p.a. across tenures of 7 days to 10 years. Continue reading for the latest HDFC Senior Citizen FD rates and special FD schemes for senior citizens.

HDFC Senior Citizen FD Snapshot	Details
Highest Senior Citizen FD Rate	7.05%
FD Tenure Range	7 to 10 Years
Minimum FD Amount	Rs. 1000/-
Premature Withdrawal Facility	Available with a penalty of 0.5% to 1%
Loan Against FD	Up to 90% of the fixed deposit amount.

HDFC Senior Citizen FD Rates (Less Than ₹3 Crore)

The table below provides a detailed breakdown of HDFC Senior Citizen FD rates for fixed deposits below ₹3 crore across different tenure options

Tenure	Senior Citizen FD Rates (per annum)
7 - 14 days	3.25%
15-29 days	3.25%
30-45 days	3.75%
46-60 days	4.75%
61-89 days	4.75%
90 days <= 6 months	4.75%
6 months 1 day <=9 months	6.00%
9 months 1 day to < 1 Year	6.25%
1 Year to < 15 months	6.75%
15 months to < 18 months	6.85%
18 months to < 21 months	6.95%
21 months to 2 years	6.95%
2 Years 1 day to < 2 Year 11 Months	6.95%
2 Years 11 Months (35 months)	6.95%
2 Years 11 Months 1 day <= 3 Year	6.95%
3 Years 1 day to < 4 Years 7 Months	7.00%
4 Year 7 Months (55 months)	6.90%
4 Year 7 Months 1 day <=5 Years	6.90%
5 Years 1 day to 10 Years	6.65%

Use the HDFC FD Calculator below to estimate the maturity amount and interest earned on your HDFC fixed deposit based on your investment amount, tenure, and applicable FD rate.

Also Read: HDFC Fixed Deposit Interest Rates

HDFC Senior Citizen FD Rates (Above ₹3 Crore)

HDFC offers a separate set of FD interest rates for senior citizens looking to invest more than ₹3 crore, depending on the tenure. Here is a quick breakdown of senior citizen FD rates above 3 crore-

Tenure	Senior Citizen FD Rates (per annum)
7 - 14 days	4.00%
15-29 days	4.00%
30-45 days	5.25%
46-60 days	5.50%
61-89 days	5.75%
90 days <= 6 months	6.00%
6 months 1 day <= 9 months	6.25%
9 months 1 day to < 1 Year	6.50%
1 Year to < 15 months	6.75%
15 months to < 18 months	6.75%
18 months to < 21 months	6.90%
21 months to 2 years	6.90%
2 year 1 day to 3 years	6.75%
3 year 1 day to 5 years	6.85%
5 year 1 day to 10 years	6.65%

Compare HDFC Senior Citizen FD Interest Rates with Other Banks

Several banks currently offer higher interest rates than HDFC for specific tenures. The table below compares HDFC senior citizen Fixed Deposit rates with other banks' FD rates.

Bank	Highest Rate
HDFC Bank	7.00% (3 to 4 Years)
Shivalik Small Finance Bank	8.30% (21 to 22 Months)
Suryoday Small Finance Bank	8.25% (30 Months)
Utkarsh Small Finance Bank	8.25% (666 Days)
Jana Small Finance Bank	8.00% (370–380 Days)
Mahindra Finance	7.80% (48 to 60 Months)
Indusind Bank	7.75% (24 to 36 Months)
Shriram Finance Bank	7.75% (36 to 60 Months)
Bajaj Finance	7.75% (31 to 60 Months)
RBL Bank	7.70% (18 to 36 months)
Sundaram Finance	7.50% (24 to 60 Months)
ICICI Housing Finance	7.35% (48 to 60 Months)
Indian Bank	7.30% (555 Days)
Kotak Mahindra Bank	7.30% (2 to 3 Years)
Bank of India	7.20% (3 years)
ICICI Bank	7.10% (3 to 5 Years)
SBI	7.05% (5 to 10 Years)
Bank of Baroda	7.00% (5 to 10 Years)
Axis Bank	6.95% (15 Months to 5 Years)