current rate of interest on fixed deposit in hdfc bank

This option helps the FD depositors to fulfil their financial needs with our having to break their FDs. HDFC bank offers an overdraft facility on the fixed deposit schemes. The Foreign Currency Non-Resident (FCNR) Fixed Deposit FD can be opened by Non-Resident Indians (NRIs) and people of Indian Origin. FCNR FD holders can also avail overdraft facilities on their NRO savings or current account against the deposit amount with a super saving facility. Additionally, the depositors benefit from tax exemption on the entire deposit amount. The NRI FD enables the holders to repatriate their entire principal amount and interest amount. In other words, it allows depositors to invest in foreign currencies. Through the FCNR account, foreign currencies earn Indian fixed deposit rates.

HDFC Bank Foreign Currency Non-Resident (FCNR) FD HUFs and Resident Indians of 18 years or above can open the 5 Year HDFC Bank tax-saving fixed deposit FD. One can opt for either monthly or quarterly payouts. Also, in the case of joint deposits, only the first holder is eligible for tax savings. Also, this account too can be opened through net banking. Interest on the deposit is compounded quarterly. HDFC Bank 5 Year tax saving FDĪ tax savings investment option that qualifies for tax deduction under Section 80C of the Income Tax Act. Resident Indians, Organisations, HUFs, Sole proprietorship firms, trusts, and companies can open a regular fixed deposit account. Also, one can always calculate their loan EMI using the loan EMI calculator. However, the loan interest rate varies based on the bank and type of loan. Loans such as loan against property, business loan, education loan, etc., can be taken against FD. Individuals can take a loan against a fixed deposit of up to 90% on the deposit amount. Also, the Sweep and super saver facilities are available. Additionally, a nomination facility is available. Regular FD can be conveniently booked through net banking. The Regular fixed deposit FD provides flexibility and security to the depositor.

Foreign Currency Non-Resident (FCNR) Fixed Deposit.

HDFC Bank Fixed deposit schemesįollowing are the types of HDFC Bank fixed deposit schemes: One can invest in HDFC Bank FDs through both online and offline modes with just a minimum investment of INR 5,000. The interest rate on HDFC Bank FDs is higher in their savings account.

HDFC Bank offers multiple fixed deposits for various tenures with different interest rates to its investors.

Current rate of interest on fixed deposit in hdfc bank