Therefore, this is an ideal option for investors looking to accumulate funds for the future-for example, a child’s marriage or higher education. The scheme offers a lump sum payment at the end of the deposit tenure.

Nomination Facility: Available only for individual depositors (single or joint account holders).

Renewal: Depositors can renew their investments by signing the required documents.

Premature withdrawal facility: Available.

For deposits of INR 50,000 and above, submission of PAN details is mandatory. In case the depositor doesn’t provide PAN details, the TDS rate will be 20%.

TDS: No TDS on interest credited up to INR 5,000 per financial year.

Interest Payout: Last day of every month.

ESC Facility: Available, the interest on deposits is directly credited to the bank account.

The interest rate on a loan will be around 2% above the deposit rate.

Loan Facility: Available, depositors, can take a loan up to 75% after three months from the date of deposit.

The scheme is ideal for senior citizens, retired individuals, homemakers, and freelancers.

The monthly interest is directly credited to the depositor’s bank account. Offer regular monthly income to depositors. Green Deposit HDFC Ltd Monthly Income Plan HDFC Ltd offers the following fixed deposit schemes: The scheme offers assured and attractive returns. For the deposit scheme, HDFC Ltd has received AAA ratings from CRISIL and ICRA for 26 consecutive years. HDFC Ltd fixed deposit scheme has delivered a consistent performance for over three and half decades.

This article covers in detail the different types of HDFC Ltd fixed deposits, their features and the FD interest rates in detail. HDFC Ltd retail offerings include several saving schemes, and one of them is fixed deposits. It has operational segments in banking, wealth management, insurance, etc. HDFC Ltd is one of the top housing financiers in the country.

Hdfc ltd deposit rates