- HDFC Bank revises FD rates from December 17, offering 2.75–6.45% for general investors and up to 6.95% for senior citizens on deposits below ₹3.
India’s largest private lender, HDFC Bank, has announced a revision in fixed deposit interest rates for deposits below ₹3 crore. The new FD rates came into effect from December 17, reflecting a broader recalibration in deposit pricing across the banking sector.
The revised structure offers interest rates ranging from 2.75 percent to 6.45 percent for general depositors, while senior citizens can earn up to 6.95 percent, depending on the tenor selected.
Why HDFC Bank Revised FD Rates
The latest FD rate revision follows the recent monetary policy adjustment by the Reserve Bank of India, which reduced the benchmark repo rate by 25 basis points to 5.25 percent, as reported by RegisterKaro. Lower policy rates typically prompt banks to adjust deposit yields in order to protect margins while aligning funding costs with the evolving interest rate environment.
As one of the most systemically important private banks, HDFC Bank’s FD rate changes are often viewed as a reference point for the broader deposit market.
HDFC Bank FD Interest Rates for Deposits Below ₹3 Crore
The revised fixed deposit rates vary by maturity, starting from seven days and extending up to ten years.
Short-Term FD Rates
Deposits with a tenure of 7 to 29 days earn 2.75 percent annually for general customers, while senior citizens receive 3.25 percent. Returns rise gradually across the 30-day to six-month bucket, with rates moving up to 4.25 percent for general depositors.
Medium-Term FD Rates
For deposits with maturities between six months and one year, interest rates improve meaningfully. FDs ranging from six months to nine months offer 5.50 percent, while tenors just under one year fetch 5.75 percent for general customers. Senior citizens earn an additional 50 basis points across these slabs.
Long-Term FD Rates
The most competitive yields remain concentrated in the 15-month to three-year range. Interest rates in this segment peak at 6.45 percent for the general public and 6.95 percent for senior citizens. Beyond three years and up to five years, rates marginally ease to around 6.40 percent, while deposits exceeding five years carry a return of 6.15 percent.
You can check out the HDFC bank rate for 2025 table here .
Which HDFC Bank FD Tenors Look Most Attractive
From a return perspective, the 18-month to 35-month maturity window continues to stand out. This segment offers the highest yields without locking capital into very long tenors, making it particularly attractive for senior citizens and conservative investors seeking predictable income.
Short-term deposits remain less rewarding, while very long-term FDs reflect expectations of a softer interest rate cycle ahead.
Outlook for HDFC Bank Fixed Deposits
HDFC Bank’s latest FD rate revision signals a cautious stance as the interest rate cycle begins to turn. While depositors may see limited upside in short-term tenors, medium-term fixed deposits still offer relatively strong risk-adjusted returns compared with savings accounts and liquid instruments.
For investors prioritising capital safety, steady income, and institutional credibility, HDFC Bank’s FD offerings remain among the most stable options within India’s private banking space.
HDFC Bank fixed deposit interest rates in 2025 range from 2.75 percent to 6.45 percent for the general public on deposits below ₹3 crore. Senior citizens earn higher returns, with rates going up to 6.95 percent, depending on the tenor.
HDFC Bank is not offering a 7.75 percent FD rate on standard fixed deposits in 2025. Such rates may apply only to discontinued special schemes, older legacy deposits, or specific non-FD products, and are not available on regular retail FDs.
FD interest rates in 2025 are expected to remain moderate following the RBI’s repo rate cuts. Most large banks, including HDFC Bank, are offering peak FD rates in the 6.40 to 6.95 percent range, with limited upside unless inflation or policy rates reverse direction.
HDFC Bank offers NRE and NRO fixed deposits for NRIs, with interest rates broadly aligned with domestic FD rates for similar tenors. NRE FDs are tax-free in India, while NRO FDs are subject to tax, making the post-tax return a key consideration for NRI investors.
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