HDFC Bank raises FD rates: Check how to invest
HDFC Bank just raised its fixed deposit (FD) interest rates by 0.10% starting March 6, 2026.
Now, regular customers get 6.5% and seniors get a sweet 7% for deposits between 3 years and a day to just under 4 years and 7 months (for amounts below ₹3 crore).
This comes after some rate cuts back in December 2025.
What about short-term FDs?
Short-term FDs (7 to 29 days) now earn you 2.75% if you're under 60 or 3.25% if you're a senior citizen.
For slightly longer tenures (30 to 45 days), it's bumped to 3.25% for regular folks and 3.75% for seniors.
You can start with as little as ₹5,000, pick any tenure from one week up to 10 years, and choose how often you want your payouts, monthly or quarterly.
How do the new rates fare?
For that key tenure of just over three years, HDFC's new rates are competitive for deposits under ₹3 crore, though several banks offer higher rates for similar tenors, making it a pretty solid option if you're looking to park some savings safely, though some other banks offer higher yields for similar tenors.