HDFC Bank revises FD rates after RBI's repo rate cut
HDFC Bank just trimmed its fixed deposit (FD) interest rates, following the RBI's recent repo rate cut.
If you're looking at FDs between 18 and 21 months, the new rates kick in from December 17, 2025 and are now a bit lower—mirroring moves by other major banks.
What's changed with FD rates?
For FDs of 18 months to less than 21 months, regular customers now get 6.45% (down from 6.60%), while senior citizens see a drop to 6.95% (from 7.10%).
Rates for other tenures have also shifted slightly: up to three years is now at 6.45%, and three to five years sits at 6.40%.
Short-term FDs start as low as 2.75%, with rates up to 5.75% for tenures under 1 year.
Don't forget about taxes
If your annual FD interest crosses ₹50,000 (or ₹1 lakh for seniors), TDS applies—unless you submit Form 15G or 15H to skip it.
Also, if you pick monthly or quarterly payouts, TDS gets deducted straight from your account by default.