HDFC Bank FD Interest Rates: HDFC Bank has cut interest rates on fixed deposits for amounts up to Rs 3 crore. The new rates apply right away and both Indian customers and non-resident Indians will see these changes. The revision also covers NRE and other NRI deposit accounts.
After the cut the highest interest the bank now offers is 6.45%. This rate applies to deposits kept for a period between 18 months and 3 years. Customers cannot earn more than this rate for deposits within the Rs 3 crore limit.
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Senior citizens aged 60 years and above will continue to earn extra interest. They will receive 50 basis points more than regular customers on their fixed deposits. This extra benefit does not apply to NRI senior citizens. Also the HDFC Bank allows NRE fixed deposits only for a maximum period of one year.
HDFC Bank FD Interest Rates
Here’s a comparison of fixed deposit rates offered by HDFC Bank, as follows:
| Tenure | Regular | Senior Citizens |
|---|---|---|
| 7–29 days | 2.75% | 3.25% |
| 30–45 days | 3.25% | 3.75% |
| 46 days to 6 months | 4.25% | 4.75% |
| 6–9 months | 5.50% | 6.00% |
| 9–12 months | 5.75% | 6.25% |
| 1 year to 15 months | 6.25% | 6.75% |
| 15–18 months | 6.35% | 6.85% |
| 18 months to 3 years | 6.45% | 6.95% |
| 3–5 years | 6.40% | 6.90% |
| 5–10 years | 6.15% | 6.65% |
HDFC Bank’s interest rate on fixed deposits up to 3 crore is accurate as of December 17, 2025.
HDFC Bank decided to cut its fixed deposit interest rates just two days after State Bank of India made a similar move. SBI lowered its FD rates for deposits up to Rs 3 crore earlier. Because of this trend, experts believe more banks may also reduce their deposit rates very soon.
Why did HDFC Bank Lower FD Interest Rates?
These back-to-back cuts happened after the Reserve Bank of India reduced the repo rate. On December 5, 2025, the RBI lowered the repo rate by 25 basis points, bringing it down from 5.50% to 5.25%, reported Money Control. When the RBI cuts rates, banks usually follow by lowering interest rates on loans and deposits.
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State Bank of India has already announced its revised fixed deposit rates. The new SBI FD rates came into effect from December 15, 2025.
| Tenure | Regular | Senior Citizens |
|---|---|---|
| 7–45 days | 3.05% | 3.55% |
| 46–179 days | 4.90% | 5.40% |
| 180–210 days | 5.65% | 6.15% |
| 211 days to 1 year | 5.90% | 6.40% |
| 1–2 years | 6.25% | 6.75% |
| 2–3 years | 6.40% | 6.90% |
| 3–5 years | 6.30% | 6.80% |
| 5–10 years | 6.05% | 7.05% |
Currently on December 17, 2025, State Bank of India’s fixed deposit interest rates for amounts up to Rs 3 crore remain unchanged. SBI is currently offering its highest interest rate of 6.40% on deposits kept for a period between 2 years and 3 years.
