🏦 HDFC Bank · April 2026 · All Tenures
HDFC FD Calculator 2026
Calculate HDFC Bank fixed deposit maturity with latest rates. Compare with SBI, ICICI. Senior citizen rates included.
ℹ️ Results are for informational and educational purposes only. Consult a qualified financial advisor for personalised advice. Rates shown are approximate and may vary.
📊 HDFC Bank FD Rates — April 2026
⭐ Highlighted = Best rates · Senior citizen gets +0.50% on all
TenureRegularSenior
7 – 29 days3.00%3.50%
30 – 90 days3.50%4.00%
91 – 180 days4.50%5.00%
181 days – 1 year5.75%6.25%
1 Year exactly7.10%7.60%
15 Months ⭐ BEST7.25%7.75%
18 Months ⭐7.25%7.75%
2 Years7.00%7.50%
3 Years7.00%7.50%
5 Years (80C)7.00%7.50%
HDFC Bank FD 2026 — Key Features
HDFC Bank Fixed Deposit is one of India's most popular investment products offering guaranteed returns, DICGC insurance up to ₹5 lakh, and flexible tenures from 7 days to 10 years. HDFC offers higher rates than most public sector banks. Minimum deposit: ₹5,000 for regular FD, ₹10,000 for senior citizen specific schemes. Premature withdrawal allowed with 1% penalty on applicable rate. Auto-renewal option available.
How to Open HDFC FD Online
Existing HDFC customers: Login to HDFC NetBanking → Deposits → New Fixed Deposit → Select amount, tenure, and maturity instruction. Takes 2 minutes. New customers: Visit any HDFC branch with Aadhaar, PAN, and photograph. HDFC also allows FD through HDFC Mobile Banking App under Accounts → FD/RD → Create FD. Interest can be paid monthly, quarterly, or at maturity depending on your choice at the time of opening.
HDFC FD Tax — TDS and Form 15G/15H
HDFC deducts TDS at 10% when annual FD interest exceeds ₹40,000 (₹50,000 for senior citizens). To avoid TDS deduction: submit Form 15G (if income below taxable limit, below 60 years) or Form 15H (senior citizens) at the start of every financial year. Even with TDS, declare FD interest in ITR under 'Income from Other Sources'. At 30% tax slab, FD effective return = 7.25% × 0.70 = 5.08% — compare with PPF at 7.1% fully tax-free.
Frequently Asked Questions
What is the highest HDFC FD rate in 2026?▼
7.25% for 15-month and 18-month tenures (regular customers). Senior citizens get 7.75%. This is HDFC's best rate as of April 2026. For 1-year FD: 7.10%. For longer tenures (2-5 years): 7.00%.
HDFC FD vs PPF — which is better?▼
PPF at 7.1% is completely tax-free (EEE) while HDFC FD at 7.25% is fully taxable. After tax at 30% slab: PPF effective = 7.1%, HDFC FD effective = 5.08%. PPF is significantly better for 30% slab taxpayers. For 5% slab: HDFC FD (6.89% after tax) beats PPF (7.1%) — here PPF is still marginally better. PPF wins for long-term savings.
Can I break HDFC FD before maturity?▼
Yes. Premature withdrawal allowed with 1% penalty on the applicable interest rate. Example: FD at 7.25%, broken before maturity — you get (7.25% - 1%) = 6.25% for the period held. HDFC does not charge penalty for FDs held for less than 7 days. Consider opening multiple smaller FDs instead of one large FD.
How to calculate HDFC FD maturity amount?▼
Maturity = P × (1 + r/n)^(n×t). Where P = principal, r = annual rate, n = compounding frequency (4 for quarterly), t = time in years. Example: ₹1 lakh at 7.25% quarterly for 15 months: ₹1,00,000 × (1 + 0.0725/4)^(4×1.25) = ₹1,09,389. Use our calculator above for instant results.