Latest HDFC Bank FD Interest rates – Oct-2016

Latest HDFC Bank FD IntHDFC FD Interest Rates; HDFC Fixed deposit rates, HDFC Bank FD Rateserest rates (Updated: Oct-2016)

HDFC bank is among a few of the largest private sector banks in India where investors trust. Latest HDFC FD Interest rates indicate that they are good for a short term of less than 1 year. However if you want to do FD for longer duration, there are several other large banks like SBI which are offering the highest interest rates. I thought I would provide a quick summary about latest HDFC Interest rates.

Below are the latest HDFC Bank FD interest rates for resident Indians, senior citizens and NRI's (Updated: Oct-2016).

1) HDFC FD Interest rates for ordinary residents for deposit of less than Rs 1 Crore

  • 61 – 90 days   –  6.25%
  • 91 days – 6 months   –  6.50%
  • 6 mnths 1 days – 9 mnths   –  6.75%
  • 9 months 1 days < 1 Year    7.00%
  • 1 Year    7.25%
  • 1 year to less than 2 Years    7.25%
  • 2 year to less than 3 Years    7.25%
  • 3 year to less than 4 Years    7.25%
  • 4 year to less than 5 Years    7.25%
  • 5 years and above – 7.25%

HDFC FD rates are good for short term. However SBI offers higher rates for 1 year and above comparing to HDFC bank.

  • Interest is computed on a quarterly basis
  • Premature penalty closure is 1% of bank FD rate.
  • You need to contact the bank for more than Rs 1 Crore deposits

2) HDFC FD Interest rates for Senior Citizens for deposit of less than Rs 1 Crore

  • 61 – 90 days   –  6.25%
  • 91 days – 6 months   –  6.50%
  • 6 mnths 1 days – 9 mnths   –  6.75%
  • 9 months 1 days < 1 Year    7.00%
  • 1 Year    7.25%
  • 1 year to less than 2 Years    7.25%
  • 2 year to less than 3 Years    7.25%
  • 3 year to less than 4 Years    7.25%
  • 4 year to less than 5 Years    7.25%
  • 5 years and above – 7.25%

You need to contact bank for more than Rs 1 Crore deposits.

3) HDFC Savings Account Interest rates – 4% per annum

4) HDFC FD interest rates for NRE SB Deposit – 4% per annum

5) HDFC fixed deposit rates for NRE Term Deposits

  • 1 year to less than 2 years – 8.75% (> Rs 1 Crore would get 9.00%)
  • 2 year to less than 3 years – 8.75%
  • 3 years to less than 4 years – 8.75%
  • 4 years to less than 5 years – 8.75%
  • > 5 years – 8.25%
  • No interest is paid if you withdraw NRE FD scheme within 1 year
  • No penalty will be levied on premature closure of NRE fixed Deposit

Also Read: Are you investing in these top tax saving FD Schemes?

6) HDFC FD Interest rates for NRO Term Deposits (< Rs 1 Crore)

  • 61 – 90 days   –  6.25%
  • 91 days – 6 months   –  6.50%
  • 6 mnths 1 days – 9 mnths   –  6.75%
  • 9 months 1 days < 1 Year    7.00%
  • 1 Year    7.25%
  • 1 year to less than 2 Years    7.25%
  • 2 year to less than 3 Years    7.25%
  • 3 year to less than 4 Years    7.25%
  • 4 year to less than 5 Years    7.25%
  • 5 years and above – 7.25%
  • Rs 1 Crore and above – Please contact branch

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Suresh
Latest HDFC FD Interest rates

16 comments

  • Gopesh garg

    Sir hdfc deposit interest rate in20nov 2016 SR citizen 15 months because my father FD meture in this day

  • ashok kumar sharma

    hi 

    i m ashok sharma recently we deposite ten lakh for fd for one year, but bank emploee tell me if u deposit one year and 4days then u get more interest, according this we deposite that but we see in hdfc netbanking and see interest rate for one year is 6.9 and one year is 6.25. what we do

  • Himanshu

    Hi Suresh ,
    can you please check , point no. 5 , as i am nre customer of HDFC bank , and it shows me only 7.25% during the window mentioned by you , for term deposit from 1-5 yrs.
    also the latest interest rate is 7.10% as of 21 nov 2016.
    Please update accordingly.

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