|Listed on exchange as||HDFC Bank Ltd.|
|Tenure||Regular customers||Senior citizens|
For an HDFC Bank FD with tenure ranging from 7 days to 12 months, the interest rate offered is from 2.75% p.a. to 5.35% p.a. These deposits are known as short term deposits as their tenure is less than 1 year.
Medium-term fixed deposits have their tenures ranging from more than 1 year to less than 5 years. The interest offered by the bank on these deposits is around 5.35% – 5.50% p.a.
These deposits have their tenure ranging from 5 years to 10 years and offer an interest rate of 5.75%.
An HDFC Bank FD account can be opened via different modes like Mobile App, Internet Banking, and offline.
1) Internet Banking
Follow the below-mentioned steps to open an HDFC Bank FD account via internet banking-
2) Mobile App - HDFC Bank App
Follow the steps mentioned ahead to open an FD account via HDFC Bank Mobile App-
3) Opening HDFC Bank FD Offline
An HDFC Bank FD account can be opened offline as well. One will be required to visit the nearest HDFC Bank branch and fill out the HDFC Bank FD application form. Also, all the necessary documents along with the deposit amount will be required to be provided. After successful processing of the application, an FD receipt will be provided by the HDFC bank.
Investors must meet the following requirements when looking to deposit their money into HDFC fixed deposit online-
To open a fixed deposit account with HDFC Bank, an individual needs to furnish the following documents.
Proof of Identity
Proof of Address
Can I change the existing tenure of the HDFC Bank Fixed Deposit account?
No, it is not possible to change the tenure once you have opened an FD account in HDFC bank. However, you can opt to close the existing fixed deposit account and can open a new account with a tenure of your choice
What is the tenure for the HDFC FD account?
The tenure for HDFC Fixed deposit ranges from a minimum of 7 days to a maximum of 10 years.
What are the current HDFC FD interest rates for 2022?
HDFC provides a 2.50% to 5.50% interest rate on their FD schemes for general citizens and 3.00% – 6.25% for senior citizens depending on the tenure.
What are the documents needed to open an FD account in HDFC Bank?
An HDFC Fixed Deposit account can be opened with a minimum deposit of 5000 rupees. One must have a PAN card if the deposit amount is greater than 50,000 rupees.
For senior citizens, valid age proof is also required
What happens if I open an HDFC FD account without a PAN card?
Following are the implications of opening an FD account without having a pan card:
Can I deposit some additional amounts in my FD account?
No, you are not allowed to deposit any additional amount as you are allowed to deposit the amount only at the time of opening the account. If you want to change the amount, you need to open a new fixed deposit account with HDFC.
What is the highest FD interest rate provided by HDFC Bank?
The highest HDFC FD interest rate provided by HDFC Bank is 5.50% for a medium-term FD ranging from 5 years to 10 years.
Who is eligible for opening an HDFC Fixed Deposit Account?