HDFC Bank has updated its Fixed Deposit interest rates for deposits less than 2 crores, with the new rates effective from October 1, 2023. The table below displays the revised HDFC Domestic / NRO / NRE Fixed Deposit Rates:

Tenor Bucket< 2 CroreInterest Rate (per annum)Senior Citizen Rates (per annum)
7 – 14 days3.00%3.50%
15 – 29 days3.00%3.50%
30 – 45 days3.50%4.00%
46 – 60 days4.50%5.00%
61 – 89 days4.50%5.00%
90 days < = 6 months4.50%5.00%
6 months 1 day < = 9 months5.75%6.25%
9 months 1 day to < 1 year6.00%6.50%
1 year to < 15 months6.60%7.10%
15 months to < 18 months7.10%7.60%
18 months to < 21 months7.00%7.50%
21 months – 2 years7.00%7.50%
2 Years 1 day to < 2 Year 11 Months7.00%7.50%
2 Years 11 Months – 35 Months7.15%7.65%
2 Years 11 Months 1 day < = 3 Year7.00%7.50%
3 Years 1 day to < 4 Years 7 Months7.00%7.50%
4 Year 7 Months – 55 months7.20%7.70%
4 Year 7 Months 1 day < = 5 Years7.00%7.50%
5 Years 1 day – 10 Years7.00%7.75%*

Please note that Senior Citizen Rates are not applicable to NRIs, and the minimum tenor for NRE Deposits is 1 Year.

HDFC Bank is also offering Special Edition Fixed Deposits with higher interest rates of 7.15% for a tenure of 35 months and 7.20% for a tenure of 55 months. Additionally, senior citizens can enjoy an extra 0.50% interest rate benefit. These special rates are valid for a limited period.

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