HDFC Offering Upto 7.75% Interest On Fixed Deposits: Check Full List Of FD Return From HDFC Bank


Mohul Ghosh

Mohul Ghosh

Feb 10, 2024


HDFC Bank has revised fixed deposit interest rates upwards by up to 0.25% or 25 basis points for certain tenors below ₹2 crore effective February 9th. The private lender released limited period ‘Special Edition FD’ rates offering 7.20% for 35 months and 7.25% on 55 month terms, presenting attractive reinvestment avenues.

Earlier this week, HDFC Bank also raised $300 million via its first-ever sustainable finance bond issue overseas, with capital utilization aimed more at green transport, MSME and affordable housing credit.

Here is the Fixed Deposit Rates from HDFC Bank:

Tenor BucketInterest Rate (per annum)Senior Citizen Rates (per annum)
7 – 14 days

3.00%3.50%
15 – 29 days3.00%
3.50%
30 – 45 days3.50%4.00%
46 – 60 days4.50%5.00%
61 – 89 days4.50%5.00%
90 days < = 6 months4.50%5.00%
6 months 1 days < = 9 months5.75%6.25%
9 months 1 day to < 1 year6.0%6.50%
1 year to < 15 months6.60%7.10%
15 months to < 18 months7.10%7.60%
18 months to < 21 months7.25%7.75%
21 months – 2 years7.0%7.50%
2 Years 1 day to < 2 Year 11 Months7.00%7.50%
2 Years 11 Months – 35 Months7.15%7.65%
2 Years 11 Months 1 day < = 3 Year7.0%7.50%
3 Years 1 day to < 4 Years 7 Months7.0%7.50%
4 Year 7 Months – 55 months7.20%7.70%
4 Year 7 Months 1 day < = 5 Years7.0%7.50%
5 Years 1 day – 10 Years7.0%7.75%

(Senior Citizen rates do not apply to NRIs. The minimum tenor for NRE Deposit is 1 Year) Source: HDFC Bank)

Won Nod for 6 Bank Stakes Recently

In separate positive news, HDFC Bank secured RBI approval for picking minority stakes around 9.5% in leading private players like ICICI Bank, Axis Bank and smaller lenders too. The move diversifies its investment portfolio while respecting regulatory thresholds avoiding disproportionate sectoral influence through concentrated positions beyond a year.

As India’s banking sector maintains momentum, HDFC Bank’s tactical initiatives around attractive deposit pricing and strategic stakes target sustaining competitive edge to maintain sector leadership.


Mohul Ghosh
Mohul Ghosh
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