Big News For FD Investors! HDFC Bank Revises FD Interest Rates From Today; Check The New Returns

With effect from today, December 17, HDFC Bank has announced a revision to its fixed deposit (FD) interest rates for amounts less than Rs 3 Cr, which is noteworthy news for both existing and new depositors. Individuals wishing to open a new fixed deposit or renew an existing one should check the latest return of HDFC Bank FDs because the revised FD rates are now in effect for an array of tenures.

HDFC Bank FD Rates

On tenure of 7 to 29 days, HDFC Bank will pay an interest rate of 2.75% on fixed deposits and on fixed deposits maturing in 30-45 days, HDFC Bank will pay an interest rate of 3.25%.

Tenor Bucket	Interest Rate (per annum) for amount less than Rs 3 Cr	Senior Citizen Rates (per annum)
7 - 14 days	2.75%	3.25%
15-29 days	2.75%	3.25%
30-45 days	3.25%	3.75%
46-60 days	4.25%	4.75%
61-89 days	4.25%	4.75%
90 days to 6 months	4.25%	4.75%
6 months 1 day to 9 months	5.50%	6.00%
9 months 1 day to 1 Year	5.75%	6.25%
1 Year to 15 months	6.25%	6.75%
15 months to 18 months	6.35%	6.85%
18 months to 21 months	6.45%	6.95%
21 months to 2 years	6.45%	6.95%
2 Years 1 day to 2 Year 11 Months	6.45%	6.95%
2 Years 11 Months (35 months)	6.45%	6.95%
2 Years 11 Months 1 day to 3 Year	6.45%	6.95%
3 Years 1 day to 4 Years 7 Months	6.40%	6.90%
4 Year 7 Months (55 months)	6.40%	6.90%
4 Year 7 Months 1 day to 5 Years	6.40%	6.90%
5 Years 1 day to 10 Years	6.15%	6.65%
Source: Bank Website. Applicable from 17th December, 2025

For fixed deposits that mature in 46 days to 6 months, HDFC Bank will pay an interest rate of 4.25%; for fixed deposits that mature in 6 months to 9 months, the bank will give a return of 5.50%. The bank will pay a return of 5.75% for fixed deposit terms ranging from 9 months and 1 day to 1 year, whereas HDFC Bank is now giving an interest rate of 6.25% for terms ranging from 1 year to 15 months.

The bank will pay 6.35% interest on fixed deposits that mature in 15 to 18 months and 6.45% interest on those that mature in 18 to 3 years. Customers will get an interest rate of 6.40% on HDFC Bank fixed deposits that mature in three years and one day to five years, while those that mature in five years and one day to ten years would receive a return of 6.15%.

"Interest rates are subject to change without prior notice, depositors shall ascertain the rates on the value date of FD. The base rate applicable is the interest rate of the date of deposit acceptance under tenor for which the deposit has been in force with the bank," mentioned HDFC Bank on its website.

"An Additional Premium of 0.25% (over and above the existing premium of 0.50%) shall be given to Senior Citizens who wish to book the Fixed Deposit less than 5 crores for a tenure of 5 (five) years One Day to 10 Years, during special deposit offer commencing from 18th May'20 to November 7, 2023. This special offer will be applicable to new Fixed Deposit booked and for the Renewals by Senior Citizens during the above period. This offer is not applicable to Non-Resident Indians," mentioned HDFC Bank on its website.

HDFC FD vs SBI FD

Meanwhile, State Bank of India (SBI) has reduced interest rates on retail term deposits under Rs 3 Cr, and the revised interest rates are effective as of December 15, 2025, according to the bank's official website.

The bank has reduced the FD interest rate for periods of two to less than three years for regular citizens by five basis points (bps), from 6.45% to 6.40%, and for senior citizens, from 6.95% to 6.90%.

SBI offers an interest rate of 6.25% for a tenure of one to two years, whereas HDFC Bank offers interest rates between 6.25% and 6.45%. SBI is providing an interest rate of 6.4% while HDFC is promising an interest rate of 6.45% for fixed deposit terms of two to three years.

SBI and HDFC Bank are providing interest rates of 6.3% and 6.40%, respectively, on fixed deposits that mature in three to five years. SBI is already giving an interest rate of 6.05% on fixed deposits that mature in five to ten years, whereas HDFC Bank is currently guaranteeing an interest rate of 6.15%.