HDFC Bank - FD Schemes

HDFC Bank is one of India’s leading private sector banks and was among the first to receive approval from the Reserve Bank of India (RBI) to establish a private bank in 1994. It is also recognised as a Systemically Important Bank (D-SIB), along with SBI and ICICI Bank.

In India, several conservative investors prefer fixed deposit schemes in HDFC Bank to earn guaranteed returns without any market exposure. As of September 27, 2025, general customers can earn up to 6.60% p.a., and senior citizens up to 7.10% p.a. (for a tenure of 18 to 21 months).

If you are looking to invest in HDFC Bank FD Schemes, this article talks about some popular plans you may consider. 

What are the Latest Fixed Deposit Schemes in HDFC Bank in 2025?

HDFC Bank runs a variety of FD schemes to serve different investor needs, such as:

• Competitive interest rates
• Health-linked protection
• Special large-ticket deposits (for HNIs)

These FDs come with monthly, quarterly, or re-investment options and even offer a convenient online booking facility. As a conservative investor with low risk appetite, you may invest in them to earn non-market-linked returns. 

For a greater understanding, check out some popular HDFC Bank FD plans below:

A) Regular Fixed Deposits

These FDs offer competitive interest rates and are available to both residents and NRIs. Senior citizens get higher FD interest rates of 0.50% p.a. The minimum tenure is 7 days in case of a Domestic/NRO FD and 1 year for NRE/FCNR deposits. However, if you close the FD before this minimum tenure (7 days/ 1 year), no interest is paid. 

For a better understanding, check out some key features of this HDFC Bank FD scheme:

Particulars	Details
Premature Withdrawal	Allowed with a penalty of 1% lower than the applicable rate (not the contracted rate)
TDS Deduction	If annual interest is more than ₹50,000 (₹1,00,000 for senior citizens), TDS is deducted as per Income Tax Rules.
PAN Requirement	PAN/Form 60 is mandatory if FD/RD exceeds ₹5 lakh in a financial year
Auto Renewal	Allowed
Booking	Can be done via branch or NetBanking

Some Important Points

• Customers can submit Form 15G/15H to avoid TDS (if income below taxable limit)
• TDS deducted @20% if PAN not submitted (as per Section 206AA).
• For reinvestment FDs, interest is reinvested after TDS deduction.
• Any interest/maturity amount less than or equal to ₹100 is credited directly to the linked account.

B) Direct Deposit FD

If you don’t hold an HDFC Bank account, you can opt for this HDFC Bank FD scheme. It is an online plan and you can start investing with a minimum deposit of just ₹5,000! The interest rates offered are similar to those of regular fixed deposits. 

Check out some key features of this HDFC Bank FD scheme online:

Particulars	Details
Available Funding Modes	UPI transfer up to ₹1 Lakh and NEFT up to ₹25 Lakhs
Eligibility	Both existing and new customers (no need for HDFC account)
Account Requirement	Not required (you can link any other bank account)
Documents Required	PAN (for Video KYC) and Aadhaar (as ID proof)
Booking Method	100% Digital + Paperless

Some Important Points

• Applications are submitted online via the HDFC Bank digital platform.
• Your FD will be booked only when you successfully complete eKYC, Video KYC, and funding.
• If video KYC is not completed within 72 hours, you will need to re-initiate the digital application process.
• You can link your other bank account to transfer funds for an FD booking.

C) HDFC Bank HealthCover FD

It is a special fixed deposit scheme in HDFC Bank that offers a complimentary “Hospital Cash Cover”. By investing a minimum of ₹5 lakh, you not only earn guaranteed returns through FD interest but also get a free health protection benefit for the first year. For more clarity, check out some key features of this HDFC Bank FD plan below:

Particulars	Details
Minimum FD Amount	₹5 lakh
Maximum FD Amount	₹2.99 crore
Tenure	1 to 10 years
Interest Rate	Same as Regular FD
Overdraft (OD) Facility	Up to 90% of FD value
Eligibility	Resident individuals between the age of 18 to 59 years
Policy Validity	Complimentary cover only for 1st year
Hospital Cover Applicability	Only for the primary FD holder (not joint holders)

Hospital Cash Cover Limits

FD Amount Range	Hospital Cash Cover Benefit	Maximum Days Covered	Maximum Benefit Amount
₹5 lakh to less than ₹10 lakh	₹500 per day	15 days	₹7,500
₹10 lakh to less than ₹2.99 crore	₹1,000 per day	15 days	₹15,000

Some Important Points

• Health cash cover is available for a maximum of 15 days of hospitalisation.
• Policy gets cancelled if FD is prematurely closed.
• Only one Hospital Cash Cover per customer ID is allowed.
• A new cover can be availed only 1 year after the closure/maturity of the earlier FD.
• Renewal of cover from the 2nd year onward is handled by the insurance company.
• Nomination is compulsory (with guardian details if the nominee is a minor).

E) Non-Withdrawable Deposits

The HDFC Bank non-withdrawable FD is a special scheme designed for high-net-worth individuals (HNIs). It requires a minimum deposit of ₹2 crore. These deposits cannot be withdrawn before maturity (except in rare cases like legal or deceased claim settlements). 

For a better understanding, check out some key features of this HDFC Bank FD plan:

Particulars	Details
Minimum Deposit	₹2 crore
Tenure	When the FD amount is less than ₹5 crore, the tenure is 1 year to 10 years.  When the FD amount is more than ₹5 crore, the tenure is 89 days to 10 years.
Premature Withdrawal	Not allowed (except legal/regulatory orders or death claims)
Interest Calculation	Quarterly compounding (above 6 months)
Sweep-in / Partial Withdrawal	Not available
Overdraft / Loan Against FD	Not allowed
TDS	Deducted as per the Income Tax laws
Rate Applicability	As per the rate on the date funds are received

Some Important Points

• This HDFC Bank FD scheme is available to residents, NRO, and NRE investors.
• In premature closure (except death claim), no interest is paid. Any credited interest will be recovered.
• No sweep-in, partial withdrawal, overdraft, or loan facility is available.
• Interest is compounded quarterly for deposits above 6 months.
• The monthly payout option comes at a slightly lower (discounted) rate.

Want to Explore More FD Schemes? Visit the GoldenPi Platform Today! 

HDFC Bank runs several FD schemes for different investors, such as HNIs, retail depositors, foreign customers, and online investors. All these schemes carry high safety and are insured up to ₹5 lakh by the DICGC (Deposit Insurance and Credit Guarantee Corporation). 

By investing in these HDFC Bank FD plans, you can earn interest rates up to 6.60% p.a. for regular customers and 7.10% p.a. for senior citizens (as of September 27, 2025), both for a tenure of 18 to 21 months. 

However, if you are looking to explore more options, you can visit the GoldenPi platform. It lists multiple FD schemes offered by leading small finance banks and NBFCs. Also, the booking process is 100% digital and can be completed online without the need for branch visits.