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Largest mobiliser of public deposits outside the banking system with 1.7 million deposits accounts. Gross loans of ₹ 2.5 trillion & 5.1 million cumulative units financed.

Rating - CRISIL AAA, ICRA AAA

Special Deposits upto ₹ 2 crore
Period (months) Cumulative Non-cumulative
Monthly# Quarterly# Half-Yearly# Yearly#
33 5.95% 5.75% 5.80% 5.85% 5.95%
66 6.40% 6.20% 6.25% 6.30% 6.40%
Minimum Amount ₹ 20,000 ₹ 40,000 ₹ 20,000 ₹ 20,000 ₹ 20,000
Premium Deposits upto ₹ 2 crore
Period (months) Cumulative Non-cumulative
Monthly# Quarterly# Half-Yearly# Yearly#
15 5.75% 5.55% 5.60% 5.65% -
22 5.85% 5.65% 5.70% 5.75% 5.85%
30 5.85% 5.65% 5.70% 5.75% 5.85%
44 6.10% 5.90% 5.95% 6.00% 6.10%
Minimum Amount ₹ 20,000 ₹ 40,000 ₹ 20,000 ₹ 20,000 ₹ 20,000
Regular Deposits upto ₹ 2 crore
Period (months) Cumulative Non-cumulative
Monthly# Quarterly# Half-Yearly# Yearly#
12 - 23 5.70% 5.50% 5.55% 5.60% -
24 - 84 6.35% 6.15% 6.20% 6.25% 6.35%
Minimum Amount ₹ 20,000 ₹ 40,000 ₹ 20,000 ₹ 20,000 ₹ 20,000
Regular Deposits exceeding ₹ 2 crore and upto ₹ 5 crore
Period (months) Cumulative Non-cumulative
Monthly# Quarterly# Half-Yearly# Yearly#
12 - 23 5.45% 5.25% 5.30% 5.35% -
24 - 84 6.05% 5.85% 5.90% 5.95% 6.05%
Regular Deposits exceeding ₹ 5 crore and upto ₹ 10 crore
Period (months) Cumulative Non-cumulative
Monthly# Quarterly# Half-Yearly# Yearly#
12 - 23 5.20% 5.00% 5.05% 5.10% -
24 - 84 5.85% 5.65% 5.70% 5.75% 5.85%
Regular Deposits exceeding ₹ 10 crore and upto ₹ 25 crore
Period (months) Cumulative Non-cumulative
Monthly# Quarterly# Half-Yearly# Yearly#
12 - 23 5.15% 4.95% 5.00% 5.05% -
24 - 84 5.80% 5.60% 5.65% 5.70% 5.80%
*For Cumulative option interest is compounded annually.
Special Deposits upto ₹ 2 crore
Period (months) Cumulative Non-cumulative
Monthly# Quarterly# Half-Yearly# Yearly#
33 5.80% 5.60% 5.65% 5.70% 5.80%
66 6.25% 6.05% 6.10% 6.15% 6.25%
Minimum Amount ₹ 20,000 ₹ 40,000 ₹ 20,000 ₹ 20,000 ₹ 20,000
Premium Deposits upto ₹ 2 crore
Period (months) Cumulative Non-cumulative
Monthly# Quarterly# Half-Yearly# Yearly#
15 5.70% 5.50% 5.55% 5.60% -
30 5.75% 5.55% 5.60% 5.65% 5.75%
Minimum Amount ₹ 20,000 ₹ 40,000 ₹ 20,000 ₹ 20,000 ₹ 20,000
Regular Deposits upto ₹ 2 crore
Period (months) Cumulative Non-cumulative
Monthly# Quarterly# Half-Yearly# Yearly#
12 - 23 5.60% 5.40% 5.45% 5.50% -
24 - 84 6.25% 6.05% 6.10% 6.15% 6.25%
Minimum Amount ₹ 20,000 ₹ 40,000 ₹ 20,000 ₹ 20,000 ₹ 20,000
Regular Deposits exceeding ₹ 2 crore and upto ₹ 5 crore
Period (months) Cumulative Non-cumulative
Monthly# Quarterly# Half-Yearly# Yearly#
12 - 23 5.45% 5.25% 5.30% 5.35% -
24 - 84 6.05% 5.85% 5.90% 5.95% 6.05%
Regular Deposits exceeding ₹ 5 crore and upto ₹ 10 crore
Period (months) Cumulative Non-cumulative
Monthly# Quarterly# Half-Yearly# Yearly#
12 - 23 5.20% 5.00% 5.05% 5.10% -
24 - 84 5.85% 5.65% 5.70% 5.75% 5.85%
Regular Deposits exceeding ₹ 10 crore and upto ₹ 25 crore
Period (months) Cumulative Non-cumulative
Monthly# Quarterly# Half-Yearly# Yearly#
12 - 23 5.15% 4.95% 5.00% 5.05% -
24 - 84 5.80% 5.60% 5.65% 5.70% 5.80%
*For Cumulative option interest is compounded annually.
Smart Deposits exceeding ₹ 50 Thousand upto ₹ 5 Lakhs
Period (months) Cumulative Non-cumulative
Monthly# Quarterly# Half-Yearly# Yearly#
1 - 2 - - - - -
2 - 3 - - - - -
3 - 6 - - - - -
6 - 12 - - - - -
12 - 60 - - - - -
Smart Deposits exceeding ₹ 5 lakhs upto ₹ 20 crore
Period (months) Cumulative Non-cumulative
Monthly# Quarterly# Half-Yearly# Yearly#
1 - 2 - - - - -
2 - 3 - - - - -
3 - 6 - - - - -
6 - 12 - - - - -
12 - 60 - - - - -
Special Deposits upto ₹ 2 crore
Period (months) Cumulative Non-cumulative
Monthly# Quarterly# Half-Yearly# Yearly#
33 5.95% 5.75% 5.80% 5.85% 5.95%
Minimum Amount ₹ 20,000 ₹ 40,000 ₹ 20,000 ₹ 20,000 ₹ 20,000
Premium Deposits upto ₹ 2 crore
Period (months) Cumulative Non-cumulative
Monthly# Quarterly# Half-Yearly# Yearly#
15 5.75% 5.55% 5.60% 5.65% -
22 5.85% 5.65% 5.70% 5.75% 5.85%
30 5.85% 5.65% 5.70% 5.75% 5.85%
Minimum Amount ₹ 20,000 ₹ 40,000 ₹ 20,000 ₹ 20,000 ₹ 20,000
Regular Deposits upto ₹ 2 crore
Period (months) Cumulative Non-cumulative
Monthly# Quarterly# Half-Yearly# Yearly#
12 - 23 5.70% 5.50% 5.55% 5.60% -
24 - 36 5.95% 5.75% 5.80% 5.85% 5.95%
Minimum Amount ₹ 20,000 ₹ 40,000 ₹ 20,000 ₹ 20,000 ₹ 20,000
Regular Deposits exceeding ₹ 2 crore and upto ₹ 5 crore
Period (months) Cumulative Non-cumulative
Monthly# Quarterly# Half-Yearly# Yearly#
12 - 23 5.45% 5.25% 5.30% 5.35% -
24 - 36 5.85% 5.65% 5.70% 5.75% 5.85%
Regular Deposits exceeding ₹ 5 crore and upto ₹ 10 crore
Period (months) Cumulative Non-cumulative
Monthly# Quarterly# Half-Yearly# Yearly#
12 - 23 5.20% 5.00% 5.05% 5.10% -
24 - 36 5.65% 5.45% 5.50% 5.55% 5.65%
Regular Deposits exceeding ₹ 10 crore and upto ₹ 25 crore
Period (months) Cumulative Non-cumulative
Monthly# Quarterly# Half-Yearly# Yearly#
12 - 23 5.15% 4.95% 5.00% 5.05% -
24 - 84 5.60% 5.40% 5.45% 5.50% 5.60%
*For Cumulative option interest is compounded annually.

The Documents required are as follows:

  1. Duly Filled Application Form
  2. Cheque in favour of ‘HDFC Ltd’ and crossed ‘Account Payee only’
  3. All documents should be self-attested

Individual

  1. Passport size photograph
  2. Self-certified copy of Proof of Identity (POI): Passport, PAN Card, Voter ID Card, Driving License, Aadhaar Card, Ration Card, Job Card issued by NREGA
  3. Self-certified copy of Proof of Address (POA): Passport, Driving License, Voter ID Card, Aadhaar Card, Ration Card, Latest Utility Bill [electricity, telephone, postpaid bill, piped gas, water bill (none of these should be more than two months old)], Latest Bank Account Statement, Job Card issued by NREGA
* Senior Citizen: Proof of Age duly attested viz-Ration Card, Voter ID Card, Passport, PAN Card, Birth Certificate, LIC Policy etc. Senior Citizen has to be 60 or above

HUF

  1. Self-attested PAN card bearing the name of the HUF
  2. Deed of declaration
  3. Bank account statement in the name of HUF
  4. KYC documents of all the adult members of HUF

Partnership

  1. PAN card
  2. Deed of declaration
  3. Certificate of registration
  4. List of authorized signatories with specimen signatures
  5. ID proofs of authorised signatories

Proprietor

  1. Registration Certificate
  2. PAN card
  3. GST or Income Tax Returns
  4. GST certificate
  5. Utility bill not more than 2 months old
  6. Certificate of registration document issued by municipal authorities under shop and establishment act
  7. Complete Income Tax Return (not just the acknowledgement) in the name of sole proprietor where the firm’s income is reflected

Company

  1. PAN card
  2. Certificate of incorporation
  3. Memorandum and Articles of Association
  4. Board Resolution
  5. List, signature and ID as well as address proof of authorized signatories

Trust

  1. Certificate of Registration, if registered. Resolution of managing body, if unregistered
  2. Power of Attorney granted to transact business on its behalf
  3. Trust Deed or any officially valid document to identify the trustees, settlers, beneficiaries and those holding Power of Attorney, founders/managers/ directors and their addresses
  4. Utility bill
  5. PAN card

NRI

  1. PAN card, if available
  2. Nationality
  3. Tax Identification Number (TIN) or a unique number allotted to individual by Government of the country
  4. A certificate from the government of the country
  5. Address for which the certificate issued by Government is applicable

Premature withdrawal will not be allowed before completion of 3 months from the date of deposit.

In case of request for premature withdrawal after the expiry of 3 months, the rates given in the following table shall apply.

Months completed from the date of deposit Rate of Interest Payable
After 3 months but before 6 months The maximum interest payable shall be 4% per annum for individual depositor, and no interest in case of other category of depositors.
After 6 months but before the date of maturity The interest payable shall be 1% lower than the interest rate applicable for the period for which the deposit has run or if no rate has been specified for that period, then 2% lower than the minimum rate at which the public deposits are accepted by HDFC. In respect of variable rate deposit, the interest rate applicable for the period for which deposit has run would be considered as applicable on the respective interest reset dates.

The commission is paid upfront for the entire period of deposit to our authorised agent. In case of premature withdrawal, the commission is payable for the period completed and excess commission paid will be recovered from the deposit amount.

In case of Corporate request for premature withdrawal may be permitted at the discretion of HDFC and should be submitted atleast 2 working days in advance.

Loan against deposit is available after 3 months from the date of deposit upto 75% of the deposit amount, subject to the terms and conditions framed by HDFC. Interest on such loans will be 2% above the deposit rate. This facility is not available for deposits from minors and NRIs.