HDFC is one of the leading Bank of the country.
It is an Indian Banking and Financial company. The headquarters of the company is located in Mumbai. The Bank was incorporated in the year 1994. Since then it has been fulfilling diverse banking requirement of its customers. The Bank has the large customer base and is operating in 2,597.
It has total number of 4,715 branches and 12,260 ATMs across the country. It provides a number of products and services which includes wholesale banking, retail banking, treasury, auto (car) loans, two wheeler loans, personal loans, loan against property and credit cards.
From lending to investment, the bank proffers variety of products to cater the unique needs of the customers. In investment segment, the bank offers fixed deposit to match the investment requirement of risk repugnant people. It offers good return to the customers on the deposits remaining with it for the fixed time period.
HDFC FD Rates varies according to the term of deposit and also on the amount invested.
The customer can select the period and the amount as per his convenience and financial objective.
The customer has the flexibility to select the time period from wide range of options ranging from 7 days to 10 years. The HDFC FD rates ranges from 3.50% p.a. to 7.40%. Bank pays an additional interest of 0.50% to the senior citizen across all tenure for deposits below Rs.
5 Crores.
HDFC Fixed Deposit Eligibility Criteria
Fixed deposit is easy to avail. Anyone can book the FD. However, the segments allowed to open the deposit are as follows:
- Hindu Undivided Families (HUFs)
- Minor represented by parents/guardian
- Associations
- Clubs
- Trusts
- Sole proprietorship firms
- Partnership firms
- Limited Companies
How to Apply
The interested customer can apply for the fixed deposit.
The Bank provides the facility to enroll in FD both via online and offline method. The customer can apply for the fixed deposit online on bank's website. Also, the application form is available at the bank branch. The customer can visit the nearest bank branch and fill the form.
The FD application form comprises of the following sections:
- Personal details
- Account details
- Details of deposits (tenure and amount of deposit)
- Maturity details
Documents Required
The customer has to submit the documents along with the application form.
The documents to be submitted depends on the category of the depositor.
1. An Individual, tour bali giá rẻ Hindu Undivided Family, Sole Proprietorship Concern-
ID Proof - Passport, PAN Card, Driving Licence, Voter ID, Government ID Card, Senior Citizen ID Card
Address Proof - Telephone Bill, Electricity Bill, tour bali ID Card Issued by Post Office, Bank Statement with Cheque,
A photograph
2.
Trusts
Copy of the Trust Deed
Copy of the registration certificate
Copy of the Resolution of the Trustees authorizing the members concerned to open and operate the account
Photographs of the members operating the account
3.
Associations/ Clubs
By-laws of the Association
Copy of the Resolution by the board authorizing the members concerned to open and operate the account
Photographs of the members operating the account
4. Partnership Firm
- Partnership Deed
- Letter from partners approving the persons concerned to open and operate the account
- Photographs of the persons operating the account
5.
Public or Private Limited Companies
- Board Resolution / Authority Letter
- Memorandum & Articles of Association
- Certificate of Incorporation
- Certificate of Commencement of Business (Public Limited Company)
Form 32 in case list of directors are not original subscribers to Memorandum & Articles of Association (in case of Private Limited Cos) Duly acknowledged by ROC
Governing Act / Rules and Regulations(PSUs) (certified true copy)
Investment in fixed deposit helps the customer earn fixed and regular income without working hard for it.
It is the best way to save money as it reaps you the benefit of interest. Also, the HDFC FD Rates are competitive so the customer can gain maximum returns on their deposits. The bank is paying the highest interest of 7.45% to the senior senior citizen on the deposit booked with the amount less than Rs.
1 crore for the maturity duration ranging from 1 year 1 day to 1 year 3 days. However, on the same duration the pays returns at the rate of 6.95% to the general public.
