SB & FD Accounts
SB & FD Accounts
HDFC Bank Deposits are right for you to build a corpus of funds over time or grow money you have already saved up.
HDFC Bank fixed deposits and recurring deposits offer a safe and convenient way of achieving your financial goals. As a depositor, you can benefit from facilities such as Sweep-in and Super Saver that allow you to earn higher interests while enjoying liquidity.
Features
Minimum period of deposit – 7 days
Maximum period of deposit- 10 Years
Available at all branches
Minimum deposit amount Rs. 10,000/-
Maximum deposit amount: No Upper Limit
A deposit of Rs. 2 crore and more is classified as bulk deposit
Interest on a Term Deposit is payable to the depositor quarterly from the date of issue or at maturity along with principal. But on request from the depositor, interest may be paid at monthly, half-yearly or yearly intervals in case of Term Deposits fixed for a term of twelve months and above.
Nomination available in favour of individual only
Transferability allowed among our branches
TDS is applicable as per Income Tax Rules. Form 15G/15H can be submitted by the depositor for exemption from tax deduction as per IT Rules.
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