You can avail up to 90% of overdraft on your hdfc fixed deposit.Open a FD account in any of these foreign currencies – US Dollars, Pounds Sterling, Euro, Japanese Yen, Australian Dollars, Canadian Dollars.TDS will be deducted when the interest exceeds Rs.40,000 (Rs.50,000 for senior citizens) in a financial year.You can get tax benefits if you have joint deposits under Section 80c to the first holder.The deposit amount ranges from Rs.100 to Rs.1.5 lakh.You can choose monthly or quarterly payout of interest.The tenure starts from 1 year to 10 years.Senior citizens will get a higher rate of interest.You can open a FD account using NetBanking.Types of HDFC Fixed Deposits and Their Features You can save tax by choosing the five year tax saving FD and get benefits from the exemptions under Section 80c.Īlso Read: Why Did HDFC Ltd And HDFC Bank Merge? Eligibility Criteria to Open a Fixed Deposit with HDFCĭocuments Required to Open an HDFC Fixed Deposit.You can get a regular income when you choose for monthly or quarterly interest pay-outs.If you choose a FD with a reinvestment option, you can get the benefits of compound interest.You can easily open a FD account if you already have a savings account in HDFC bank.Fixed Deposits give you guaranteed returns.Features and Benefits of HDFC Fixed Deposits And for a tenure of more than 5 years and up to 10 years, senior citizens will get an additional rate of 0.75% p.a. Senior citizens are offered an additional interest rate of 0.50% p.a.

HDFC bank offers Fixed Deposits starting from 2.5% to 5.5% for general public and 3.25% – 6.25% for senior citizens with tenure starting from 7 days to 10 years.

Fixed deposit rate for hdfc bank