India’s Largest Private Bank Cuts FD Rates Check New Rates & Best Tenures for High Returns HDFC Bank, one of India’s leading private banks, has once again reduced fixed deposit (FD) interest rates, affecting returns on select tenures. The revised rates are now effective, offering lower returns on certain investment periods. Let’s break down the latest changes and find out where you can still earn the highest interest on your FDs. HDFC Bank FD Interest Rates news
Latest HDFC Bank FD Rates (Effective 25rd May 2025)
The bank has slashed rates by 10-20 basis points (BPS) for deposits below ₹3 crore. This follows a previous cut of up to 25 BPS in April. Post-revision:
- General citizens now earn 3% to 6.85% interest.
- Senior citizens continue to get an additional 0.50%, with maximum returns now at 7.35% (down from 7.55%).
Highest Returns on These FD Tenures
HDFC Bank is now offering the best interest rates on two key tenures:
- 15 to 18 months: 6.85% (previously 7.05%)
- 18 to 21 months: 7.20% (special rate for select periods)
Pro Tip: If you’re looking for higher returns in a shorter time, the 18-21 month FD could be your best bet!
Where Have Rates Dropped? HDFC Bank FD Interest Rates news
- 1 year to 15 months: Down from 6.60% to 6.50% (seniors: 7% instead of 7.10%)
- 2 years 1 day to 3 years: Reduced from 6.90% to 6.70%
- 3 years 1 day to 4 years 7 months: Now 6.65% (earlier 6.75%)
- 5+ years: Down by 0.10% (now 6.40%)
Special FD Schemes with High Returns
Despite the cuts, HDFC Bank still offers attractive short-term FD options:
- 6–9 months: 5.75%
- 9–12 months: 6%
- 21-month FD (Special Rate): 7.20% (limited period)
Complete Tenure-Wise FD Interest Rates
| Tenure | Interest Rate (General) |
|---|---|
| 7–45 days | 3% – 3.5% |
| 46–90 days | 4.5% |
| 6–9 months | 5.75% |
| 9–12 months | 6% |
| 15–18 months | 6.85% (Best for short-term) |
| 18–21 months | 7.20% (Highest return!) |
| 2–3 years | 6.70% |
| 3–5 years | 6.65% |
| 5–10 years | 6.40% |