HDFC Bank is top private sector bank in India. It provides various types of Recurring Deposit options to its customers. You can even book your Recurring deposit through SMS. If we talk about other options then you have Net Banking option or you can also visit your nearby branch.HDFC Bank RD interest rates start from minimum 3.5% per annum and maximum 5.5% per annum.
HDFC Recurring Deposit
HDFC RD Rates Domestic/ NRO/NRE
| Tenure | Interest Rate (Per Annum) | Senior Citizen Rate ( Per Annum) |
| 6 Months | 3.50 % | 4.00 % |
| 9 Months | 4.40 % | 4.90 % |
| 12 Months | 4.90 % | 5.40 % |
| 15 Months | 4.90 % | 5.40 % |
| 24 Months | 4.90 % | 5.40 % |
| 27 Months | 5.15 % | 5.65 % |
| 36 Months | 5.15 % | 5.65 % |
| 39 Months | 5.30 % | 5.80 % |
| 48 Months | 5.30 % | 5.80 % |
| 60 Months | 5.30 % | 5.80 % |
| 90 Months | 5.50 % | 6.00 % |
| 120 Months | 5.50 % | 6.00 % |
HDFC Bank Recurring Deposit Features
1 Bank is offering Recurring Deposit from 6 Months to 10 Years.
2 HDFC Bank RD interest rates start from minimum 3.5% per annum and maximum 5.50% per annum.
3 Senior citizen will get 0.5 % extra on RD.
4 Depositor can also avail nomination facility in Recurring deposit.
5 HDFC Bank also gives auto renewal option in RD.
6 Pre mature closure or partial withdrawal facility is also available .
7 TDS is deducted when interest payable or reinvested on RD per customer across all HDFC branches, exceeds Rs.40,000/- (Rs. 50,000/- for senior citizens) in a financial year.
You can also read about Axis Bank FD Interest Rates
HDFC Bank RD rates for Senior Citizens
Bank is offering special RD for senior citizens which gives 0.5% extra on their deposit. HDFC Senior Citizen RD rates are available for Resident India and not for NRI.
HDFC NRE RD Rates
NRE RD rates are available for Non Resident Indian or citizen of Indian origin . NRE RD is booked for minimum 1 year. No interest is paid if the NRE Deposit is withdrawn before 1 year.
There is no penalty on pre mature closure of NRE Recurrig Deposit.
HDFC RD Online
You can also book your RD online. One needs to log in your hdfc net banking and go to Recurring Deposit section for online hdfc deposit. RD can also be booked in HDFC Bank via SMS. You need to send SMS on 5676712 from your registered mobile number. You just need send sms “BOOKRD<AMOUNT><TENURE>” and send the message to 5676712.
HDFC RD Rate Today
We have given latest RD information above. To know the latest HDFC RD rate of interest, You can also visit the bank website.
HDFC RD Calculator
You can calculate your RD Rates on HDFC Recurring Deposit Calculator. HDFC RD Calculator Online also gives you option to calculate the RD Rates.