HDFC Fixed Deposit Interest Rate 2012

| February 4, 2012 | 6 Comments
HDFC Limited, the parent organization of HDFC Bank, has its fixed deposit that has got highest rating by various rating agencies. HDFC revises  its FD rates very frequently. This post will update the rate as and when it is updated by HDFC. Following are the present interest rates:
 Interest rates applicable for deposits below Rs. 1 crore with effective from May 03, 2012
Fixed Deposit Interest Rates
Interest rates on deposits below 1 crore
Effective from May 03, 2012
Regular: Annual Income Plan
Period (Months)
Rate of Interest (% p.a.) Maximum Deposit without TDS ()*
Individuals
& Trusts		 Sr. Citizens Individuals Sr. Citizens
24 – 35 9.40 9.65 53000 51000
36 – 47 9.50 9.75 52000 51000
48 – 60 9.25 9.50 54000 52000
  Minimum Deposit Amount – 20,000
Platinum: Annual Income Plan
Period (Months)
Rate of Interest (% p.a.) Maximum Deposit without TDS ()*
Individuals
& Trusts		 Sr. Citizens Individuals Sr. Citizens
33 9.75 10.00 51000 50000
  Minimum Deposit Amount – 20,000
Regular: Monthly Income Plan
Period (Months)
Rate of Interest (% p.a.) Maximum Deposit without TDS ()*
Individuals
& Trusts		 Sr. Citizens Individuals Sr. Citizens
12 – 23 8.9 9.15 56000 54000
24 – 35 9.05 9.30 55000 53000
36 – 47 9.15 9.40 55000 53000
48 – 60 8.9 9.15 56000 54000
  Minimum Deposit Amount – 40,000
Platinum: Monthly Income Plan
Period (Months)
Rate of Interest (% p.a.) Maximum Deposit without TDS ()*
Individuals
& Trusts		 Sr. Citizens Individuals Sr. Citizens
15 9.40 9.65 53000 51000
33 9.40 9.65 53000 51000
  Minimum Deposit Amount – 40,000
Non-Cumulative – Quarterly Option
Period (Months)
Rate of Interest (% p.a.) Maximum Deposit without TDS ()*
Individuals
& Trusts		 Sr. Citizens Individuals Sr. Citizens
12 – 23 8.95 9.20 55000 54000
24 – 35 9.10 9.35 54000 53000
36 – 47 9.20 9.45 54000 52000
48 – 60 8.95 9.20 55000 54000
  Minimum Deposit Amount – 20,000
Non-Cumulative – Half Yearly Option
Period (Months)
Rate of Interest (% p.a.) Maximum Deposit without TDS ()*
Individuals
& Trusts		 Sr. Citizens Individuals Sr. Citizens
12 – 23 9.05 9.30 55000 53000
24 – 35 9.20 9.45 54000 52000
36 – 47 9.30 9.55 53000 52000
48 – 60 9.05 9.30 55000 53000
  Minimum Deposit Amount – 20,000
Platinum: Non-Cumulative – Quarterly Option
Period (Months)
Rate of Interest (% p.a.) Maximum Deposit without TDS ()*
Individuals
& Trusts		 Sr. Citizens Individuals Sr. Citizens
15 9.45 9.70 52000 51000
33 9.45 9.70 52000 51000
  Minimum Deposit Amount – 20,000
Platinum: Non-Cumulative – Half Yearly Option
Period (Months)
Rate of Interest (% p.a.) Maximum Deposit without TDS ()*
Individuals
& Trusts		 Sr. Citizens Individuals Sr. Citizens
15 9.55 9.80 52000 51000
33 9.55 9.80 52000 51000
  Minimum Deposit Amount – 20,000
Regular: Cumulative Option
Period (Months) Rate of Interest
(% p.a.)		 **Maturity Amount
for a Deposit of
10,000		 Maximum Deposit
without TDS ()*
Individuals & Trusts Sr
Citizens		 Individuals Sr
Citizens		 Individuals Sr
Citizens
12 9.25 9.50 10925.00 10950.00 54000 52000
24 9.40 9.65 11968.36 12023.01 48000 47000
36 9.50 9.75 13129.32 13219.00 43000 42000
48 9.50 9.75 14245.77 14508.35 41000 38000
60 9.25 9.50 15563.50 15742.92 37000 36000
  Minimum Deposit Amount – 20,000 / Interest Compounded annually
Platinum: Cumulative Option
Period (Months) Rate of Interest
(% p.a.)		 **Maturity Amount
for a Deposit of
10,000		 Maximum Deposit
without TDS ()*
Individuals & Trusts Sr
Citizens		 Individuals Sr
Citizens		 Individuals Sr
Citizens
15 9.75 10.00 11242.52 11275.00 50000 48000
33 9.75 10.00 12925.86 13007.50 43000 42000
  Minimum Deposit Amount – 20,000 / Interest Compounded annually
HDFC SYSTEMATIC SAVINGS PLAN
(Variable Rate Installment Deposit Plan)
Period (Months) Rate of Interest (% p.a.)
24 – 35 9.00
36 – 59 9.25
60 9.25

(Interest compounded annually)

*Subject to tax deduction at source wherever applicable. Interest compounded annually.

**As per the current provisions on the Income Tax Act,1961

Credit Ratings:

  • CRISIL : FAAA
  • ICRA : MAAA

HDFC FD Forms:

Procedure to apply for HDFC fixed deposit:

  1. Download form from above list
  2. Attach PAN card copy
  3. Deposit at nearest HDFC Branch or send it to our address

For any query, email at fd@moneyvriksh.com

Interest Rates mentioned are w.e.f. 23rd August 2011. Interest Rates are subject to change and the rates applicable will be the rates prevalent on the date of Deposit. Other Terms and Conditions as per Deposit Application Form. Interest rates on deposits of Rs 1 crore and above would be as per the extant guidelines

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Category: Fixed Deposit, NRI

  • Neerav

    Thanks for the post. I didn’t knew that I could get 10% interest rate in AAA rated FD. keep us updated!

  • Chinoo

    @moneyvriksh:disqus are you sure that HDFC is AAA rated ?

    • http://moneyvriksh.com/ MoneyVriksh.com

       Yes, it is @52103ad92a94774aeffb32c5f2fb433d:disqus
      Highest Safety – AAA rating from both CRISIL and ICRA for 17 consecutive years

  • Dharmeshparmar143

    hello sir     i m student and wann invest 100000 rs in fix deposite   how many intrest i will get monthly  i need montly income plzz help me

    • http://moneyvriksh.com/ MoneyVriksh.com

       For monthly income plan, interest rate is 9.65% under platinum deposit. So, you’ll get Rs. 9650/12 = approx Rs 800 every month.
      Its pretty less, so you better go for cumulative deposit or annual option!

  • http://moneyvriksh.com/ MoneyVriksh.com

     SBI is offering 9.25% for 2 year deposit. Maybe they have reduced it on 28th march but that’s the present rate.
    Moreover, HDFC FD is AAA rated, so it’s safe!

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