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HDFC Bank Increases FD Interest Rates, Offering Customers Higher Returns

HDFC Bank has recently announced an increase in interest rates for fixed deposits, effective from March 6, 2026. This change allows customers to earn higher returns, particularly benefiting long-term investments. Regular citizens can now enjoy rates ranging from 2.75% to 6.50%, while senior citizens receive an additional 0.50%. The bank's strategic move aims to attract more customers during fluctuating market conditions. For detailed information on the new rates and potential earnings, customers are encouraged to visit the bank's official website or their local branch.
By Narendra Chaudhary Mar 7, 2026, 11:53 IST

HDFC Bank Enhances Fixed Deposit Rates


On March 7, 2026, HDFC Bank, one of India's leading private banks, announced an increase in interest rates for fixed deposits (FD), bringing good news to its customers. The new rates, effective from March 6, 2026, include an increase of up to 10 basis points (0.10%) for certain tenures, particularly benefiting long-term FDs.

According to the bank's website, the interest rates for FDs below ₹3 crore now range from 2.75% to 6.50% for regular citizens. Senior citizens enjoy an additional 0.50%, allowing for a maximum interest rate of 7.00%.


New Interest Rates for Key Tenures (for FDs below ₹3 crore, effective March 6, 2026):



  • 7-14 days: 2.75% (Senior: 3.25%)


  • 30-45 days: 3.25% (Senior: 3.75%)


  • 6 months 1 day to 9 months: 5.50% (Senior: 6.00%)


  • 1 year to 15 months: 6.25% (Senior: 6.75%)


  • 15 months to 18 months: 6.35% (Senior: 6.85%)


  • 18 months to 21 months: 6.45% (Senior: 6.95%)


  • 21 months to 2 years: 6.45% (Senior: 6.95%)


  • 3 years 1 day to 4 years 7 months: 6.50% (Senior: 7.00%) ← Recent increase from 6.40%


  • 5 years 1 day to 10 years: 6.15% (Senior: 6.65%)



Interest Calculation for ₹1,00,000 Deposit For instance, if you invest ₹1,00,000 in an FD for 2 years at a 6.45% interest rate (for regular citizens):



  • Simple interest (before compounding): approximately ₹12,900 (₹6,450 per year × 2)


  • However, since the bank typically compounds quarterly, the maturity amount could be around ₹1,13,500+, resulting in total interest of approximately ₹13,500. For senior citizens at 6.95%, the total interest could exceed ₹14,500.



(Note: For precise calculations, use HDFC Bank's FD calculator, as TDS and compounding can affect the final amount.)

This increase provides customers with an opportunity for better returns on secure investments, especially amid market fluctuations. HDFC Bank aims to attract customers by raising rates on select tenures. For more details, visit the bank's official website or contact your nearest branch.