Explore the latest HDFC Bank Fixed Deposit interest rates for 2026, including special features, eligibility criteria, and tax benefits. Understand how to maximize your savings with HDFC FD schemes.
Highlights for 2026 Fixed Deposit Scheme of HDFC Bank
2026 FD Interest Rates of HDFC Bank
Types of HDFC Bank Fixed Deposit Schemes
Special Features and Benefits of HDFC Bank FD
Eligibility for HDFC Bank Fixed Deposit
Documents Required for HDFC Bank Fixed Deposit
Tax Benefits on HDFC Bank Fixed Deposit
FD Interest Rate Calculator
How to open HDFC Bank Fixed Deposit Account
FAQs on HDFC Bank Fixed Deposit
Key Features of HDFC FD 2026
Understand the essential features of the HDFC Bank FD schemes for 2026.
Tenure ranges from 7 days to 10 years.
Interest rates for the general public range from 3.00% to 7.05% p.a.
Senior citizens benefit from rates between 3.50% and 7.55% p.a.
Minimum deposit amount is ₹5,000.
Premature withdrawal incurs up to a 1% penalty.
Interest Rates Based on Tenure
Detailed interest rates for different tenures effective from 19th April 2026.
7 – 14 days: 3.00% (Public), 3.50% (Senior Citizens)
46 – 60 days: 4.50% (Public), 5.00% (Senior Citizens)
6 months 1 day – 9 months: 5.75% (Public), 6.25% (Senior Citizens)
15 months – < 18 months: 7.05% (Public), 7.55% (Senior Citizens)
5 years 1 day – 10 years: 6.50% (Public), 7.00% (Senior Citizens)
Regular FD
Standard fixed deposit scheme with flexible tenures.
Minimum deposit of ₹5,000.
Tenure ranges from 7 days to 10 years.
Senior citizens receive an additional 0.50% interest.
Tax-Saving FD
FD scheme offering tax benefits under Section 80C.
Deposit amount ranges from ₹100 to ₹1.5 lakh.
Mandatory lock-in period of 5 years.
Interest rate of approximately 7% for the public.
Unique Benefits
Explore the special features that make HDFC Bank FDs attractive.
Monthly and quarterly interest payout options.
Overdraft facility available against FD.
Nomination facility ensures ease of transfer.
Interest reinvestment options for compound growth.
Premature closure allowed with applicable penalties.
Who Can Open an FD?
Eligibility criteria for opening a fixed deposit with HDFC Bank.
Resident individuals and Hindu Undivided Families (HUFs).
Sole proprietorship and partnership firms.
Limited companies and trust accounts.
Non-resident Indians (NRIs) eligible for certain schemes.
Minors can open FDs under guardianship.
Essential Documentation
List of documents needed to open an FD account.
Identity proof: Aadhaar card, PAN card, or passport.
Address proof: Utility bill, voter ID, or driving license.
Passport-size photographs for account opening.
Form 60/61 if PAN is not available.
KYC documents for NRIs include passport and visa copies.
Tax Saving Opportunities
Understand the tax implications and benefits of HDFC FDs.
Tax-saving FDs offer deductions up to ₹1.5 lakh under Section 80C.
Interest earned is taxable under 'Income from Other Sources'.
TDS is deducted at 10% if interest exceeds ₹40,000 (₹50,000 for senior citizens).
Submit Form 15G/15H to avoid TDS if income is below taxable limit.
Interest on FCNR deposits is tax-exempt in India.
Worked Example
Calculate tax savings with a tax-saving FD.
Invest ₹1.5 lakh in a tax-saving FD at 7% interest.
Total interest earned in 5 years: ₹52,500.
Tax deduction under Section 80C: ₹1.5 lakh, saving up to ₹46,800 in tax (assuming 31.2% tax bracket).
Calculate Your Returns
Use the FD calculator to estimate returns based on different parameters.
Input principal amount, tenure, and interest rate.
Choose between cumulative and non-cumulative options.
Calculate maturity amount and total interest earned.
Compare different tenures to maximize returns.
Understand the impact of premature withdrawals on returns.
Steps to Open an FD
Follow these steps to open an FD account with HDFC Bank.
Visit the nearest HDFC Bank branch or log in to net banking.
Fill out the FD application form with necessary details.
Submit required documents for KYC verification.
Choose the deposit amount, tenure, and payout option.
Receive the FD receipt upon successful processing.
What is the minimum deposit amount for HDFC Bank FD?
The minimum deposit amount for opening an HDFC Bank FD is ₹5,000. This applies to regular fixed deposit schemes.
Are there any tax benefits on HDFC Bank FDs?
Yes, tax-saving FDs offer deductions up to ₹1.5 lakh under Section 80C. However, interest earned is taxable, and TDS is applicable if it exceeds ₹40,000 (₹50,000 for senior citizens).
Can NRIs open a fixed deposit with HDFC Bank?
Yes, NRIs can open fixed deposits with HDFC Bank under specific schemes like NRE, NRO, and FCNR deposits, which offer various benefits including tax exemptions.
What is the penalty for premature withdrawal of an FD?
Premature withdrawal of an FD incurs a penalty of up to 1% on the applicable interest rate. The exact penalty depends on the tenure and bank policies.
How can I calculate the maturity amount of my FD?
Use the FD interest rate calculator by entering the principal, tenure, and interest rate. It will provide the maturity amount and total interest earned.
Is there an additional interest rate for senior citizens?
Yes, senior citizens receive an additional 0.50% interest rate over the standard rates offered to the general public on HDFC Bank FDs.
What documents are required to open an HDFC Bank FD?
You need identity proof (Aadhaar, PAN), address proof (utility bill, voter ID), passport-size photographs, and Form 60/61 if PAN is unavailable.
Can I open an FD account online with HDFC Bank?
Yes, you can open an FD account online through HDFC Bank's net banking portal by filling out the application form and submitting the required documents.