HDFC Bank’s fixed deposits (FDs) and recurring deposits (RDs) are still the most preferred ways to keep money safe and earn a steady income. At the beginning of year 2026, the rate of interest remains competitive and good for either short or long term goals.
During this volatile economic period, these deposits are a reliable source of income as they guarantee an interest rate, and there are no associated market risks. Their connection with a strong bank makes them the ideal best friends for the most conservative of savers who want their money to grow slowly but surely.
Current FD Interest Rates
The FDs at HDFC Bank come in a variety of tenures lasting anything from just 7 days to as long as 10 years. The general rates vary from a low of 2.75% on the shortest tenure to a high of 6.45% per annum for the longest, with those aged 60 and above receiving an additional 0.50% up to 6.95%.
Generally, longer tenures mean higher returns.
Special Rates for Seniors
Every senior citizen will benefit from 0.50% extra interest on the deposit amount. The monthly interest will be more helpful for retired people who are in need of a regular income.
Many retirees opt for monthly interest payments.
Recurring Deposit Overview
A Recurring Deposit is a kind of account where you can deposit a small amount every month and earn interest at the same rate as that of Fixed Deposits. The general rates at HDFC bank range from 4.50% to 7.00% for general customers and 7.75% for senior citizens.
The habit of saving can be developed by this method with excise.
Minimum Investment Details
An FD account can be opened with a starting deposit of ₹5,000. RD accounts must have a monthly deposit of ₹1,000 or more (in multiples of ₹100) depending on the customer’s choice.
There is no upper limit placed for the majority of them.
Benefits of Choosing HDFC
You will be able to enjoy high safety with DICGC insurance that will cover you up to ₹5 lakh. You also have the option of flexible payouts and loan against deposit.
Five-year FDs are also a great investment for tax savings.
Key Rates Comparison (January 2026)
The following is a comparative table of the popular tenures for deposits up to ₹3 crore:
| Tenure | General FD Rate | Senior FD Rate | General RD Rate | Senior RD Rate |
|---|---|---|---|---|
| 7-29 days | 2.75% | 3.25% | N/A | N/A |
| 1 year | 6.25% | 6.75% | 6.60% | 7.10% |
| 15-18 months | 6.35% | 6.85% | 7.10% | 7.60% |
| 2-3 years | 6.45% | 6.95% | 7.00% | 7.50% |
| 5 years | 6.40% (tax-saving) | 6.90% | 6.50% | 7.00% |
Things to Watch
All interest earnings are subject to income tax. Withdrawals before maturity are subject to penalties.
Market conditions may lead to changes in rates.
HDFC Bank’s FD and RD rates in 2026 are not only safe but also attractive; seniors on FDs can get up to 6.95% while RDs are higher, which is perfect for a slow and steady savings growth.
Check out hdfcbank.com or visit a branch today to explore the choices and open an account. Secure your future by investing for your dreams today!