HDFC Deposit Schemes

HDFC_fixed_deposit_schemeHousing Development Finance Corporation Limited (HDFC Ltd.) was established in 1977 and is one of the biggest housing loan finance company in India. It has a wide network of 294 offices catering to over 2,400 towns & cities spread across the country. It also has offices in Dubai, London and Singapore and service associates in the Middle East region, to provide housing loans and property advisory services to Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs).

HDFC Deposit Scheme features:

  • Highest Safety – AAA rating from both CRISIL and ICRA for 17 consecutive years
  • Impeccable services through a network of over 200 offices across the country
  • A wide range of deposits products to choose from
  • Quick Loan against Deposit facility
  • Effective from August 23, 2011

HDFC Annual Income Plan:

  • Provides you with regular yearly interest income
  • Ideal option to maximize returns and plan for annual cash outflows
  • Available in Fixed & Variable Interest Rates
  • Interest will be directly credited to your bank account through ECS
Regular: Annual Income Plan
  Period (Months)  Rate of Interest (% p.a.)  Maximum Deposit without TDS (Rs)
Individuals & Trusts Sr. Citizens Individuals Sr. Citizens
24 – 359.659.951,00050,000
36 – 599.751051,00050,000
609.59.7552,00051,000
Minimum Deposit Amount – Rs. 20,000

 

Platinum: Annual Income Plan
  Period (Months)  Rate of Interest (% p.a.)  Maximum Deposit without TDS (Rs)
Individuals & Trusts Sr. Citizens Individuals Sr. Citizens
3310.0010.2550,00048,000
Minimum Deposit Amount – Rs. 20,000

HDFC Monthly Income Plan:

  • Provides you with regular monthly income
  • Monthly interest is directly credited to your bank account through ECS
  • Ideal for retired people, housewives and senior citizens
  • Available in Fixed & Variable Interest Rates
Regular: Monthly Income Plan
  Period (Months)  Rate of Interest (% p.a.)  Maximum Deposit without TDS (Rs)
Individuals & Trusts Sr. Citizens Individuals Sr. Citizens
12 – 239.159.454,00053,000
24 – 359.39.5553,00052,000
36 – 599.49.6553,00051,000
609.159.454,00053,000
Minimum Deposit Amount – Rs. 40,000

 

Platinum: Monthly Income Plan
  Period (Months)  Rate of Interest (% p.a.)  Maximum Deposit without TDS (Rs)
Individuals & Trusts Sr. Citizens Individuals Sr. Citizens
159.659.951,00050,000
339.659.951,00050,000
Minimum Deposit Amount – Rs. 40,000

HDFC Non-Cumulative Deposit Options (Quarterly & Half Yearly):

  • Provides you with regular periodic interest income, either on a quarterly or a half-yearly basis
  • Available in Fixed & Variable Interest Rates
  • Ideal to plan the fund requirements at the end of each quarter/half-year
  • Interest will be directly credited to your bank account through ECS
Non-Cumulative – Quarterly Option
  Period (Months)  Rate of Interest (% p.a.)  Maximum Deposit without TDS (Rs)
Individuals & Trusts Sr. Citizens Individuals Sr. Citizens
12 – 239.29.4554,00052,000
24 – 359.359.653,00052,000
36 – 599.459.752,00051,000
609.29.4554,00052,000
Minimum Deposit Amount – Rs. 20,000

 

Non-Cumulative – Half Yearly Option
  Period (Months)  Rate of Interest (% p.a.)  Maximum Deposit without TDS (Rs)
Individuals & Trusts Sr. Citizens Individuals Sr. Citizens
12 – 239.39.5553,00052,000
24 – 359.459.752,00051,000
36 – 599.559.852,00051,000
609.39.5553,00052,000
Minimum Deposit Amount – Rs. 20,000

 

Platinum: Non-Cumulative – Quarterly Option
  Period (Months)  Rate of Interest (% p.a.)  Maximum Deposit without TDS (Rs)
Individuals & Trusts Sr. Citizens Individuals Sr. Citizens
159.79.9551,00050,000
339.79.9551,00050,000
Minimum Deposit Amount – Rs. 20,000

 

Platinum: Non-Cumulative – Half Yearly Option
  Period (Months)  Rate of Interest (% p.a.)  Maximum Deposit without TDS (Rs)
Individuals & Trusts Sr. Citizens Individuals Sr. Citizens
159.810.0551,00049,000
339.810.0551,00049,000
Minimum Deposit Amount – Rs. 20,000

 HDFC Cumulative Deposit Options:

  • Provides you with a lump sum at the end of the deposit tenure
  • Ideal for parents to plan for their child’s higher education/marriage
  • Ideal option to accumulate funds for future requirements and maximize returns
  • Available in Fixed & Variable Interest Rates
Regular: Cumulative Option
 Period (Months) Rate of Interest (% p.a.) Maturity Amount for a Deposit of 10,000 Maximum Deposit without TDS (Rs)
Individuals & Trusts Sr Citizens Individuals Sr Citizens Individuals Sr Citizens
129.59.7510,95010,97552,00051,000
249.659.912,02312,07847,00045,000
369.751013,21913,31042,00041,000
489.751014,50814,64138,00037,000
609.59.7515,74215,92336,00035,000
Minimum Deposit Amount – Rs. 20,000 / Interest Compounded annually 

 

Regular: Cumulative Option
 Period (Months) Rate of Interest (% p.a.) Maturity Amount for a Deposit of 10,000 Maximum Deposit without TDS (Rs)
Individuals & Trusts Sr Citizens Individuals Sr Citizens Individuals Sr Citizens
151010.2511,27511,30848,00047,000
331010.2513,00813,08942,00041,000
Minimum Deposit Amount – Rs. 20,000 / Interest Compounded annually

Know more about the scheme by downloading the forms below.

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HDFC SYSTEMATIC SAVINGS PLAN (Variable Rate Installment Deposit Plan)
Period (Months)Rate of Interest (% p.a.)
24 – 359.25
36 – 599.5
609.5

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