HDFC Bank Limited is a subsidiary of one of the most trusted conglomerates in the country, Housing Development Finance Corporation. The bank started operations in India in 1994 and is now considered as one of India’s largest and most trusted banks.
HDFC offers various personal banking services, among which are fixed deposits, most sought after product for people who are looking to invest their hard earned money in a safe environment that provides regular growth. HDFC Bank offers attractive Fixed Deposit schemes with added benefits such as Sweep-in Facility and Super-Saver Facility. You can open HDFC Fixed Deposit with a minimum investment of Rs. 5000/- and avail varying tenure options. Interest rate for Fixed Deposits in HDFC varies according to the FD tenure and the investment amount. HDFC has specifically designed FDs that suits the individual needs of the depositors. These are of three broad kinds based on their tenure, that is, short, medium and long term fixed deposit.