Categories: Company Fixed DepositsFixed DepositFixed Income

HDFC Deposit Schemes

Housing 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)
Period (Months)	Individuals & Trusts	Sr. Citizens	Individuals	Sr. Citizens
24 – 35	9.65	9.9	51,000	50,000
36 – 59	9.75	10	51,000	50,000
60	9.5	9.75	52,000	51,000
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
33	10.00	10.25	50,000	48,000
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)
Period (Months)	Individuals & Trusts	Sr. Citizens	Individuals	Sr. Citizens
12 – 23	9.15	9.4	54,000	53,000
24 – 35	9.3	9.55	53,000	52,000
36 – 59	9.4	9.65	53,000	51,000
60	9.15	9.4	54,000	53,000
Minimum Deposit Amount – Rs. 40,000

Platinum: Monthly Income Plan
Period (Months)	Rate of Interest (% p.a.)		Maximum Deposit without TDS (Rs)
Period (Months)	Individuals & Trusts	Sr. Citizens	Individuals	Sr. Citizens
15	9.65	9.9	51,000	50,000
33	9.65	9.9	51,000	50,000
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)
Period (Months)	Individuals & Trusts	Sr. Citizens	Individuals	Sr. Citizens
12 – 23	9.2	9.45	54,000	52,000
24 – 35	9.35	9.6	53,000	52,000
36 – 59	9.45	9.7	52,000	51,000
60	9.2	9.45	54,000	52,000
Minimum Deposit Amount – Rs. 20,000

Non-Cumulative – Half Yearly Option
Period (Months)	Rate of Interest (% p.a.)		Maximum Deposit without TDS (Rs)
Period (Months)	Individuals & Trusts	Sr. Citizens	Individuals	Sr. Citizens
12 – 23	9.3	9.55	53,000	52,000
24 – 35	9.45	9.7	52,000	51,000
36 – 59	9.55	9.8	52,000	51,000
60	9.3	9.55	53,000	52,000
Minimum Deposit Amount – Rs. 20,000

Platinum: Non-Cumulative – Quarterly Option
Period (Months)	Rate of Interest (% p.a.)		Maximum Deposit without TDS (Rs)
Period (Months)	Individuals & Trusts	Sr. Citizens	Individuals	Sr. Citizens
15	9.7	9.95	51,000	50,000
33	9.7	9.95	51,000	50,000
Minimum Deposit Amount – Rs. 20,000

Platinum: Non-Cumulative – Half Yearly Option
Period (Months)	Rate of Interest (% p.a.)		Maximum Deposit without TDS (Rs)
Period (Months)	Individuals & Trusts	Sr. Citizens	Individuals	Sr. Citizens
15	9.8	10.05	51,000	49,000
33	9.8	10.05	51,000	49,000
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)
Period (Months)	Individuals & Trusts	Sr Citizens	Individuals	Sr Citizens	Individuals	Sr Citizens
12	9.5	9.75	10,950	10,975	52,000	51,000
24	9.65	9.9	12,023	12,078	47,000	45,000
36	9.75	10	13,219	13,310	42,000	41,000
48	9.75	10	14,508	14,641	38,000	37,000
60	9.5	9.75	15,742	15,923	36,000	35,000
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)
Period (Months)	Individuals & Trusts	Sr Citizens	Individuals	Sr Citizens	Individuals	Sr Citizens
15	10	10.25	11,275	11,308	48,000	47,000
33	10	10.25	13,008	13,089	42,000	41,000
Minimum Deposit Amount – Rs. 20,000 / Interest Compounded annually

Know more about the scheme by downloading the forms below.

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Website: http://www.hdfc.com/deposits/deposites_individuals.asp

HDFC SYSTEMATIC SAVINGS PLAN (Variable Rate Installment Deposit Plan)
Period (Months)	Rate of Interest (% p.a.)
24 – 35	9.25
36 – 59	9.5
60	9.5

Amit

Hi Readers! I am Amit, the mind behind Apnaplan.com I am MBA from NITIE, Mumbai and BIT from Delhi University. This blog is my online diary where I write about my tryst with my investment decisions. In the 400+ posts on this blog you will find articles on Personal Financial Planning, Investments, Retirement Planning, Insurance, Loans, Fixed Deposits, Provident Funds, Stock Markets, Gold, Silver, Real Estate Investment, Credit Cards, Credit Score, Taxation, Inheritance Planning and Reviews on various Financial Products.