HDFC Bank Revises Interest Rates On FD & RD: Check Latest Rates Here

HDFC Bank, one of the leading private sector lenders of India has revised its interest rates on Domestic / NRO / NRE Fixed Deposits and Resident / NRO / NRE Recurring Deposits. The new applicable rates are effective from December 1, 2021, according to the bank's official website.

HDFC Bank Fixed Deposit Rates

Non-senior citizens would now get an interest rate of 2.50 percent to 5.50 percent on deposits of less than Rs 2 crore maturing in 7 days to less than 10 years, after the most recent adjustment. For non-senior citizens, here are the latest rates on Domestic / NRO / NRE Fixed Deposits as of December 1, 2021.

Tenor	Interest rate p.a.
7 - 14 days	2.50%
15 - 29 days	2.50%
30 - 45 days	3.00%
46 - 60 days	3.00%
61 - 90 days	3.00%
91 days - 6 months	3.50%
6 mnths 1 days - 9 mnths	4.40%
9 mnths 1 day < 1 Year	4.40%
1 Year	4.90%
1 year 1 day - 2 years	5.00%
2 years 1 day - 3 years	5.15%
3 year 1 day- 5 years	5.35%
5 years 1 day - 10 years	5.50%
Source: Bank Website. W.e.f. 1st December 2021

HDFC Bank Fixed Deposit Interest Rates For Senior Citizens

Senior citizens would continue to get an additional rate of 0.50% over and above the card rate applicable to non-senior citizens. Senior citizens will now get an interest rate of 3.00% to 6.25% on their deposits of less than Rs 2 Cr maturing in 7 days to less than Rs 2 Cr.

Senior folks can also take advantage of a special fixed deposit scheme offered by HDFC Bank dubbed as Senior Citizen Care FD. Senior Citizens who seek to register a Fixed Deposit of less than 5 crores for a duration of 5 years 1 Day to 10 Years during the deal ranging from 18th May'20 to 31st Mar'22 would receive an additional premium of 0.25 percent over and above the current premium of 0.50 percent. On deposits of less than Rs 2 Cr, HDFC Bank is currently offering the following interest rates on fixed deposits to senior citizens.

Tenor	Interest rate p.a.
7 - 14 days	3.00%
15 - 29 days	3.00%
30 - 45 days	3.50%
46 - 60 days	3.50%
61 - 90 days	3.50%
91 days - 6 months	4.00%
6 mnths 1 days - 9 mnths	4.90%
9 mnths 1 day < 1 Year	4.90%
1 Year	5.40%
1 year 1 day - 2 years	5.50%
2 years 1 day - 3 years	5.65%
3 year 1 day- 5 years	5.85%
5 years 1 day - 10 years	6.25%
Source: Bank Website. W.e.f. 1st December 2021

HDFC Bank Recurring Deposit Rates

HDFC Bank has also updated its interest rates on specific tenors for Resident / NRO / NRE recurring deposits, which are as follows.

Period	Interest Rate (per annum)	Senior Citizen Rates (per annum)	Interest Rates p.a. for NRIs	Effective From
6 Months	3.50%	4.00%	N.A.	Aug 25, 2020
9 Months	4.40%	4.90%	N.A.	Aug 25, 2020
12 Months	4.90%	5.40%	4.90%	Oct 15, 2020
15 Months	5.00%	5.50%	5.00%	Dec 01, 2021
24 Months	5.00%	5.50%	5.00%	Dec 01, 2021
27 Months	5.15%	5.65%	5.15%	Aug 25, 2020
36 Months	5.15%	5.65%	5.15%	Aug 25, 2020
39 Months	5.35%	5.85%	5.35%	Dec 01, 2021
48 Months	5.35%	5.85%	5.35%	Dec 01, 2021
60 Months	5.35%	5.85%	5.35%	Dec 01, 2021
90 Months	5.50%	6.00%	5.50%	Aug 25, 2020
120 Months	5.50%	6.00%	5.50%	Aug 25, 2020
Source: Bank Website