Documents Required to Open HDFC FD

For Opening an FD in HDFC Investors must ensure that they have the following documents with them,

1. Proof of Identity

  • Pan card
  • Voter ID
  • Aadhaar card
  • Ration card including a photograph
  • Driving license
  • Senior citizen ID
  • Passport

2. Proof of Address

  • Electricity bill
  • Telephone bill
  • Bank statement with cheque
  • Passport
  • Identity card issued by Post Office

HDFC FD Interest Rates 2024

HDFC Bank Limited is one of India’s major private-sector banks. It is based in Mumbai, Maharashtra, and is the third-largest corporation by market capitalization on the Indian stock exchanges. HDFC offers a wide range of products and services, including wholesale banking, retail banking, different types of loans, and credit cards.

HDFC Bank offers its customers a variety of Fixed Deposit options in which they can deposit additional funds for a certain period of time and earn substantial returns. The depositor is needed to deposit the money just once while opening an account with the bank. The money will be secured for the time frame indicated, and interest will be paid accordingly. Additional money cannot be deposited or withdrawn during the tenure.

Table of Content

  • HDFC Bank FD Rates 2024
  • Features of HDFC Fixed Deposit
  • Types of HDFC Bank FD Schemes
  • How to Invest in HDFC FD?
  • Eligibility to Open an HDFC FD Account
  • Documents Required to Open HDFC FD
  • Tax on HDFC Bank Fixed Deposit
  • Loan Against HDFC Bank FD
  • Premature Closure of HDFC Bank Fixed Deposit
  • Frequently Asked Questions (FAQs)

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HDFC Bank FD Rates 2024

I. Fixed Deposit Interest Rate (Less Than ₹2 Crores)...

Features of HDFC Fixed Deposit

1. Tenure: HDFC Ltd FDs have tenure that range from 12 to 120 months. Furthermore, once an HDFC Ltd FD started, it cannot be changed....

Types of HDFC Bank FD Schemes

1. HDFC Bank Regular FD...

How to Invest in HDFC FD?

There are several ways to create an HDFC FD account, including offline, Internet Banking, and using a mobile app....

Eligibility to Open an HDFC FD Account

When considering to invest in HDFC FDs, investors have to fulfil the following criteria,...

Documents Required to Open HDFC FD

For Opening an FD in HDFC Investors must ensure that they have the following documents with them,...

Tax on HDFC Bank Fixed Deposit

You must pay taxes on the interest that you earn from a fixed deposit. Interest income contributes to your total tax obligation. Furthermore, you should be aware that the interest from FDs is added to your annual income. Your tax slab is derived using your overall earnings. Since interest on fixed deposits is considered ‘income from other sources,’ it is subject to TDS. The TDS is deducted immediately after the interest income gets credited to your account....

Loan Against HDFC Bank FD

To meet urgent personal or business financial demands without compromising the FD. Depositors can borrow up to 90% of their FD as an overdraft facility at nominal interest rate with no processing fees and foreclosure charges....

Premature Closure of HDFC Bank Fixed Deposit

HDFC Bank charges an interest rate on premature closure....

Frequently Asked Questions (FAQs)

1. Can both account holders get income tax benefits in the case of a joint account?...