In the monthly pay-out option, interest is calculated quarterly and paid out each month at a discounted rate. In the quarterly interest pay-out option, interest is credited on a quarterly basis on the current/saving account of the depositor.
Under non-cumulative FD, HDFC Bank offers quarterly and monthly interest pay-out options for the above 6 months’ tenure. The maturity value depends on the deposit tenure, HDFC Bank FD rates, amount and type of FD chosen, i.e. The minimum tenure for NRE deposits is 1 year The additional senior citizen rates are not applicable to NRO and NRE depositsģ. Note:- 1. *Extra 0.25% above the existing interest rates for senior citizens under the Senior Citizens Care FD.Ģ. 1 October 2023 Tenure (Days/Years)Ģ years 1 day – less than 2 years 11 monthsĢ years 11 months (Special Edition FD – 35 months)ģ years 1 day – less than 4 years 7 monthsĤ years 7 months (Special Edition FD – 55 months) HDFC Bank FD Interest Rates 2023 HDFC Fixed Deposit Rates on Domestic/NRO/NRE Deposits of less than Rs 2 crore w.e.f.