HDFC Bank increased interest on FD, Big news for customers 

HDFC Bank FD Rates: HDFC Bank has given a gift to its millions of customers. The bank has provided relief to those investing in fixed deposits (FDs) and has increased the interest rate on FDs of certain periods. The bank has raised the interest rate by 10 basis points, which is equivalent to 0.10%, for a designated period exceeding 3 years. This new interest rate took effect today, March 6, 2026. This adjustment will be applicable to fixed deposits (FDs) of less than Rs 3 crore.

When did the interest rate increase occur?

The bank has raised the interest rate on FDs with tenures from 3 years and 1 day to less than 4 years and 7 months. Previously, general customers received an interest rate of 6.40% for this duration, which has now been increased to 6.50%. For senior citizens, the interest rate on FDs for the same duration has been raised from 6.90% to 7%. In December 2025, the bank had lowered the interest rates on FDs for certain tenures. However, with this recent increase in interest rates for a specific period, some relief has been provided to new investors.

Current FD interest rates

With the new rates, HDFC Bank now provides interest rates ranging from 2.75% to 6.50% for general customers. For senior citizens, the interest rates range from 3.25% to 7%. These rates are applicable to FDs with maturities from 7 days to 10 years.

Interest on different periods

Shorter-term FDs have lower interest rates. For instance, FDs with tenures of 7 to 14 days and 15 to 29 days offer 2.75% interest for general customers and 3.25% for senior citizens. FDs with tenures of 6 to 9 months provide 5.50% interest, while senior citizens earn 6%. For 1-year FDs, general customers receive approximately 6.25% interest, and senior citizens get 6.75%.

Interest on long-term FD

Longer-term FDs yield slightly higher interest rates. FDs with tenures of 18 months to 2 years offer around 6.45% interest for general customers and 6.95% for senior citizens. FDs with tenures of 5 years and more, up to 10 years, provide 6.15% interest for general customers and 6.65% for senior citizens.

What to keep in mind before investing?

Fixed deposits are considered a safe investment because they offer fixed interest rates and carry low risk. However, it’s important to compare interest rates from different banks before investing. It’s also best to choose an FD based on your investment period and needs.