The 15-month to 21-month slabs usually carry the highest general-public rate; see the rate card above for the current figures.
HDFC FD Calculator
Compute HDFC Bank fixed deposit maturity at the current slab rates, with monthly or quarterly interest payout options, senior-citizen rates and the TDS deducted when interest crosses the annual threshold.
Maturity amount
₹5,31,990
Total interest
₹31,990
Applicable rate
6.25%
1 year – 15 months
TDS deducted (if PAN linked)
₹0
Interest after TDS
₹31,990
Year-wise balance
| Year | Principal | Interest earned | Value |
|---|---|---|---|
| 1 | ₹5,00,000 | ₹31,990 | ₹5,31,990 |
- Interest compounded quarterly.
- Premature withdrawal typically attracts a 0.5–1% penalty on the applicable rate.
HDFC Bank rates as on 2026-06-15 for deposits below ₹3 crore; indicative and subject to revision by the bank. TDS applies when interest exceeds ₹50,000 a year (₹1,00,000 for senior citizens).
HDFC Bank FD interest rates
| Tenure | General (p.a.) | Senior citizen (p.a.) |
|---|---|---|
| 7 – 14 days | 3.00% | 3.50% |
| 15 – 29 days | 3.00% | 3.50% |
| 30 – 45 days | 3.50% | 4.00% |
| 46 – 89 days | 4.50% | 5.00% |
| 90 days – 6 months | 4.50% | 5.00% |
| 6 months 1 day – 9 months | 5.75% | 6.25% |
| 9 months 1 day – < 1 year | 6.00% | 6.50% |
| 1 year – 15 months | 6.25% | 6.75% |
| 15 months 1 day – 21 months | 6.60% | 7.10% |
| 21 months 1 day – 2 years | 6.45% | 6.95% |
| 2 years 1 day – 3 years | 6.45% | 6.95% |
| 3 years 1 day – 5 years | 6.40% | 6.90% |
| 5 years 1 day – 10 years | 6.15% | 6.65% |
Rates as on 2026-06-15; indicative for deposits below ₹3 crore. Verify on the bank's website before investing.
How the HDFC FD Calculator works
HDFC Bank pays interest on fixed deposits by tenure slab. Cumulative deposits compound quarterly and pay everything at maturity; payout deposits credit simple interest to your account monthly or quarterly.
Senior citizens get an extra 0.5% p.a. on most tenures. Interest is taxable at your slab; the bank deducts 10% TDS once interest in a financial year crosses the threshold (20% without PAN), which you can avoid with Form 15G/15H if your total income is below the taxable limit.
Maturity = P × (1 + r/4)^(4 × years) (quarterly compounding)
- P
- deposit
- r
- annual rate
Worked example
- Deposit amount: ₹5,00,000
- Tenure: 1 year
- Depositor: General
- Interest: Cumulative
₹5 lakh for 1 year at 6.25% compounded quarterly matures at about ₹5,31,990. The effective yield is slightly above the card rate because of quarterly compounding.