The rate on the overdraft will be 2% per annum over and above the FD interest rate applicable to you.Note: All the interest rates mentioned above are subject to change without prior notice. To avail the overdraft facility, you need to have a minimum amount of Rs. This can help you supplement your personal or business requirements. You can instantly avail an overdraft of up to 90% of your FD. Overdraft facility available - HDFC also allows depositors to take out an overdraft against their existing FDs. This is an easy and hassle-free process that can be done from the comfort of your own home. Net banking facility available - You can book a deposit or close your FD account with HDFC bank through net banking. This special offer is not applicable for NRI depositors. This offer is applicable for those who wish to book a Fixed Deposit less than 5 crores for a tenure of 5-10 years.

In addition to this, HDFC is offering an additional interest rate of 0.25% for senior citizen investors who either open a new FD or renew their existing FD from 18th May 2020 to 30 September 2020.

This is applicable for all deposit tenures. Special benefit for senior citizens - Depositors over the age of 60 can avail an additional interest rate of 0.50% on their deposits.

If you wish to shorten your tenure, the best option is to create another FD with the desired tenure. But remember, you cannot change the tenure once you open the FD. HDFC allows investors to make deposits from 7 days to 10 years. Variety of tenures available - If you plan to open a fixed deposit with HDFC bank, you can select among a wide range of tenures. Currently, HDFC bank has a wide banking network with 5,345 branches and 14,533 ATMs spread over 2,787 towns and cities in the country. It offers a vast range of financial products and services including savings accounts, fixed deposits, loans, as well as debit and credit card services. It was among the first to receive an approval from the Reserve Bank of India (RBI) to set up a private sector bank back in 1994. HDFC Bank is the largest private bank in India.

Hdfc fixed deposit rates calculator