If you are planning to invest in a fixed deposit, there is some good news.
HDFC Bank, one of India’s largest private sector banks, has increased interest rates on certain fixed deposits.
The bank has raised FD rates for deposits with tenures longer than three years.
The new interest rates came into effect on March 6, 2026, which means new investors can now earn slightly higher returns than before.
Higher Interest on FDs Above 3 Years
HDFC Bank has increased the interest rate by 10 basis points (0.10%) on fixed deposits with tenures ranging from 3 years 1 day to less than 4 years 7 months.
Earlier, general customers were earning 6.40% interest on FDs of this duration.
After the revision, the rate has increased to 6.50%.
Senior citizens have also received a small benefit.
Their interest rate has been raised from 6.90% to 7% for the same tenure.
These revised rates apply to FDs below Rs 3 crore.
Interest Rates for Different FD Tenures
With the new update, the bank is offering interest rates between 2.75% and 6.50% for general customers.
For senior citizens, the interest rate ranges from 3.25% to 7%.
These rates are applicable for FDs with tenures starting from 7 days to 10 years.
Short-term FDs generally offer lower interest rates.
For example:
7 to 29 days FD: 2.75% for general customers and 3.25% for senior citizens.
6 months to 9 months FD: 5.50% for general customers and 6% for senior citizens.
Better Returns on Long-Term Deposits
Investors who choose longer FD tenures can earn slightly better returns.
For example, deposits with a tenure of 18 months to 2 years offer about 6.45% interest for general customers and 6.95% for senior citizens.
For even longer tenures like 5 to 10 years, the bank currently offers around 6.15% interest to general customers and 6.65% to senior citizens.
How Much You Can Earn on Rs 1 Lakh FD
Let’s understand this with a simple example.
If a general customer invests Rs 1,00,000 in a fixed deposit for about 5 years, the interest earned could be around Rs 37,364.
This means the total maturity amount may reach about Rs 1,37,364.
For senior citizens, the returns are slightly higher.
If they invest Rs 1,00,000 for the same period, the maturity amount could be around Rs 1,40,784.
For investors looking for safe and stable returns, fixed deposits from banks like HDFC Bank continue to remain a popular option.
