HDFC Bank Senior Citizen FD

The HDFC Bank senior citizen FD scheme is a fixed deposit scheme designed for Indian residents of age 60 years and above. Under this scheme, senior citizens earn an additional 0.50% p.a. interest on FDs compared to regular depositors. There are multiple tenure options and investment thresholds as well.

If you are planning to invest in an HDFC Bank FD for senior citizens, read this article to understand the features, latest applicable interest rates, and premature withdrawal rules in detail.

Key Features of an HDFC Bank Senior Citizen FD Scheme

Let’s review the key features of an HDFC Bank FD for senior citizens to understand the scheme better:

Feature	Details
Bonus Rate	0.50% p.a. more than the regular rate
Highest Interest Rate	7.10% p.a. for a tenure of 18 months to less than 21 months
Tenure Options	7 days to 10 years
Minimum Deposit	₹100 for tax saver FD ₹5,000 for regular FD
Interest Payout	Monthly Quarterly At maturity
Premature Withdrawal	Allowed with a penalty of 1% on the interest rate at which the FD was booked.
Loan Facility	Allowed
Nomination Facility	Available
Taxation	TDS is applicable on the interest earned on the HDFC Bank senior citizen FD.  If their annual income is below the taxability limit, they can submit Form 15H to avoid TDS.
Auto-renewal	Allowed

Note: The above data is valid as of 29th September 2025. Interest rates and other policies are subject to change without prior notice. Please check the details before investing.

Latest HDFC Bank FD Interest Rates for Senior Citizens 2025

HDFC Bank offers various types of FD schemes in general, with special interest rates for seniors in three primary categories. HDFC Bank senior citizen FD interest rates are applicable on: 

• Regular domestic deposits under ₹3 Crore 
• Regular domestic deposits greater than or equal to ₹3 Crore to less than ₹5 crore
• 5-year tax-saving FD

In all the above cases, HDFC Bank fixed deposit interest rates for senior citizens is 0.50% higher than the regular rate. It is important to note that seniors can also open other types of FD with the bank, but they do not enjoy a special rate in those cases.

1) HDFC Bank FD Interest Rates for Senior Citizens - Domestic Deposits (Under ₹3 Crore)

HDFC Bank FD rates for senior citizens for deposits of less than ₹3 Crore are as follows:

Tenure	Interest Rate (p.a.)
7 – 14 days	3.25%
15 – 29 days	3.25%
30 – 45 days	3.75%
46 – 60 days	4.75%
61 – 89 days	4.75%
90 days ≤ 6 months	4.75%
6 months 1 day ≤ 9 months	6.00%
9 months 1 day to < 1 year	6.25%
1 year to < 15 months	6.75%
15 months to < 18 months	6.85%
18 months to < 21 months	7.10% (highest)
21 months – 2 years	6.95%
2 years 1 day to < 2 years 11 months	6.95%
2 years 11 months – 35 months	6.95%
2 years 11 months 1 day ≤ 3 years	6.95%
3 years 1 day to < 4 years 7 months	6.90%
4 years 7 months – 55 months	6.90%
4 years 7 months 1 day ≤ 5 years	6.90%
5 years 1 day – 10 years	6.65%

Note: The above HDFC Bank senior citizen interest rates are valid as of September 29, 2025. Rates are subject to change without prior notice. Please verify the latest rate before investing.

Some Important Points

• The highest interest rate offered is 7.10% p.a. for a tenure of 18 months to less than 21 months.
• HDFC Bank FD rates for senior citizens mentioned above only applies to resident seniors, not NRIs.
• If you close your HDFC FD within 7 days of booking, no interest is credited. 
• If you break your FD after 7 days, the bank offers 1% less interest than the rate at which the FD was booked. 
• You can choose from monthly, quarterly, and maturity interest payout options.
• Interest income from the FD is subject to TDS deductions.

2) HDFC Bank FD Interest Rates for Senior Citizens - Domestic Deposits (₹3 Crore to Less Than ₹5 Crore)

HDFC Bank also offers higher senior citizen FD rates on high-value domestic deposits. Senior citizens can invest ₹3 Crore to less than ₹5 Crore to earn interest up to 6.85% p.a.

Let’s review the latest HDFC Bank FD interest rates for senior citizens under this high-value investment option:

Tenure	Interest Rate (p.a)
7 – 14 days	4.50%
15 – 29 days	4.50%
30 – 45 days	5.25%
46 – 60 days	5.50%
61 – 89 days	5.75%
90 days ≤ 6 months	6.00%
6 months 1 day ≤ 9 months	6.25%
9 months 1 day to < 1 year	6.50%
1 year to < 15 months	6.65%
15 months to < 18 months	6.65%
18 months to < 21 months	6.65%
21 months to 2 years	6.65%
2 years 1 day to 3 years	6.75%
3 years 1 day to 5 years	6.85% (highest)
5 years 1 day to 10 years	6.65%

Note: The above HDFC Bank senior citizen interest rates are valid as of September 29, 2025. Rates are subject to change without prior notice. Please verify the latest rate before investing.

Some Important Points

• The highest HDFC Bank FD interest rate for seniors is 6.85% p.a. It is offered on a tenure of 3 years and 1 day to 5 years.
• To claim these rates, senior citizens must invest at least ₹3 Crores (but less than ₹5 Crores).
• The HDFC Bank senior citizen FD interest rates outlined above do not apply to NRIs.

3) HDFC Bank FD Interest Rates for Senior Citizens - Tax Saving FD

If tax saving is your goal, you can consider the HDFC Bank Tax Saving FD. This HDFC Bank senior citizen FD offers tax deductions of up to ₹1.5 Lakh on the principal invested u/s 80C of the Income Tax Act. 

Let’s have a look at the current HDFC Bank Tax Saving Interest Rate for seniors:

Tenure	Interest Rate (p.a.)
5 years	6.90%

Note: The above interest rate is valid as of September 29, 2025. Rates are subject to change without prior notice. Please verify the latest rate before investing.

Some Important Points

• The tax saver FD comes with a lock-in period of 5 years.
• You cannot make premature withdrawals or obtain a loan against the FD during the 5-year lock-in.
• You can choose from monthly, quarterly, and maturity interest payout options.
• Only the principal qualifies for deduction u/s 80C. TDS is applicable on the interest earned. 

Want to Explore More Senior Citizen FD Options? Head to GoldenPi Today!

As of 29th September 2025, you can earn up to 7.10% p.a. interest on an HDFC Bank senior citizen FD on investing below ₹3 crore. If you wish to invest more, you can earn up to 6.85% p.a. Alternatively, if your goal is saving taxes, you can invest in a 5-year Tax Saver FD and earn interest at 6.90% p.a.

But if you’re looking to explore more senior citizen FD options, you can always head to the GoldenPi platform to review FDs from leading banks and NBFCs. You can also enjoy a 100% digital application process to invest without branch visits.