HDFC Bank FD Calculator

HDFC Bank Fixed Deposits Explained

HDFC Bank offers retail term deposits from 7 days to 10 years, opened end to end through NetBanking or the MobileBanking app for existing customers. Its scale changed materially in July 2023, when HDFC Ltd — the housing finance company that founded the bank — was merged into it, making HDFC Bank one of the largest lenders in the world by market capitalisation and bringing a substantial deposit book across with it.

HDFC Bank FD Schemes You Can Open

HDFC keeps the retail range compact, with the choice resting on how interest is treated:

• •Cumulative deposit (reinvestment) — Interest compounds quarterly and is paid with the principal at maturity — what the calculator above computes.
• •Non-cumulative deposit (traditional) — Interest is credited monthly or quarterly to your savings account rather than reinvested.
• •Tax-saving deposit (5-year) — Qualifies under Section 80C, locked for the full five years with no premature closure and no loan against it.
• •Senior citizen variant — Carries the increment HDFC extends to resident depositors aged 60 and above across eligible tenures.

HDFC Bank FD Tenure Slabs and Deposit Rules

Tenure decides how the interest is worked out, not just how long the money is tied up. Below roughly six months there is no completed quarter, so interest is simple; past that it compounds quarterly.

How to Check HDFC Bank FD Interest Rates

HDFC Bank FD rates are quoted per tenure slab and revised as policy and funding needs shift, so a one-year and a three-year deposit opened on the same morning can price differently.

HDFC Bank publishes its domestic deposit card on hdfcbank.com and inside NetBanking, split by tenure bucket and by deposit size, with a separate senior citizen column. Buckets are narrow, so a deposit moved a few days across a boundary can price differently.

Take the current HDFC Bank fixed deposit rates for your exact tenure from the official card, then enter that number above.

What Is Specific to an HDFC Bank FD

• •The July 2023 merger of HDFC Ltd into the bank was among the largest in Indian corporate history and reshaped the bank's deposit and lending base.
• •Opening, renewal instructions and premature closure are all handled in NetBanking or the app with no branch involvement.
• •A sweep-in facility links the deposit to your savings account so a shortfall breaks only part of it.
• •An overdraft against the deposit is available online, usually cheaper than closing it early.
• •Senior citizens receive the standard increment across eligible tenures.

Take the rate HDFC Bank quotes for your chosen tenure bucket and enter it above to see the exact maturity value and the year-by-year interest accrual.

Compare lenders on the master FD calculator, or a monthly commitment on the RD calculator.