Through Regular Fixed Deposit by HDFC deposit schemes, you can earn high returns on easy investments with great rates, flexibility, and security on a single offering. Senior Citizen’s can also enjoy a higher rate of interest on fixed deposit.
Features
Eligibility | · Individual (Resident)
· Hindu Undivided Family · Sole Proprietorship Firms · Partnership Firms · Limited Companies · Trusts Account |
Minimum Deposit | A minimum amount of Rs 5000 is to be deposited initially on opening the Fixed Deposit account. |
Benefits for Senior Citizen | Senior Citizens holding an account in HDFC Bank could enjoy the benefits of higher interest rates. |
TDS | TDS is deducted when the interest that is to be paid or reinvested on the Recurring and Fixed Deposit account per customer across all branches of HDFC exceeds Rs 10,000 in a financial year. |
Nomination Facility | Available |
Sweep-in Facility | Regular Fixed Deposit has the availability of Sweep-in Facility on deposits held in a single name. |
Super Saver Facility | With the facility of Super Saver Facility from HDFC Bank Regular Fixed Deposits. You can manage two accounts i.e. between Saving Account and Current Account that is linked to one’s Fixed deposits and through it, you can enjoy rewards of an overdraft facility. |
Overdraft Facility | Available |