Hdfc Fixed Deposit
Posted : admin On 4/15/2022In order to open a fixed deposit in HDFC Bank Online or Offline first of all you need to open a bank account in HDFC Bank. Once you have a bank account in HDFC Bank, there are 2 ways of getting a fixed deposit in HDFC Bank. First way is to login to your HDFC Internet Banking Account and open a fixed/term deposit in HDFC Online. Another way is to open a Fixed Deposit by personally visiting your HDFC Bank Home Branch. Before we proceed to know how to open fixed deposit in HDFC Bank or FD in HDFC Bank, let’s know what is a fixed deposit and some important things you must know to open a term deposit in HDFC Bank or FD in HDFC Bank.
What is a Fixed Deposit in HDFC Bank ?
A fixed deposit in HDFC Bank is nothing but a lump sum investment in the bank which provides investors with a higher rate of interest than a regular savings account till the given date of maturity.
What is a Fixed Deposit in HDFC Bank? A fixed deposit in HDFC Bank is nothing but a lump sum investment in the bank which provides investors with a higher rate of interest than a regular savings account till the given date of maturity. How to Open Fixed Deposit in HDFC Bank Online? In order to open a fixed deposit account in HDFC Bank Online. Features & Benefits of HDFC Bank Fixed Deposit. Variety of tenures available - If you plan to open a fixed deposit with HDFC bank, you can select among a wide range of tenures. HDFC allows investors to make deposits from 7 days to 10 years. But remember, you cannot change the tenure once you open the FD.
- Interest Rates - Fixed & Recurring Deposits, Savings Account, Forex HDFC bank offers attractive interest rates on various deposit and savings schemes. Click on the header to view the rates Fixed Deposit Interest rate Less Than 5 Cr.
- HDFC Sales brings to you a variety of Fixed Deposit Plans provided by HDFC Deposits. For over three and a half decades, HDFC has delivered consistent performance with its Fixed Deposits. We have earned the trust of more than 6 lac depositors.
How to Open Fixed Deposit in HDFC Bank Online ?
In order to open a fixed deposit account in HDFC Bank Online, first of all you need to make sure that you have already registered and activated internet banking in HDFC Bank. If you have still not applied for Internet Banking in SBI, you must apply, register and activate internet banking in HDFC Bank. If you have forgot your Internet Banking IPIN, you can regenerate HDFC IPIN within minutes.
Once you have your HDFC Internet banking User Name and Password, and at least one transaction account mapped to the username, you can proceed with the process to open a Fixed Deposit in HDFC Bank.
Let’s now know the step by step procedure to open a fixed deposit in HDFC Bank Online.
Step 1 : First of all you need to open HDFC Bank Netbanking Website.
Step 2 : Sign in to your HDFC Bank Netbanking Account by entering your Customer ID and Password.
Step 3 : Find the ‘Fixed Deposit’ Option on the left sidebar.
Step 4 : Click on ‘Open New Fixed Deposit < Rs.1 Cr’ to open a Fixed Deposit Account in HDFC Online.
Step 5 : Now fill all the necessary information to create your Fixed Deposit Account in HDFC Bank.
- Account Number
- Home Branch/Others
- State (If Other than Home Branch is Selected)
- City (If Other than Home Branch is Selected)
- Branch (If Other than Home Branch is Selected)
- Deposit Amount(You can also View FD interest rates)
- Nature of Deposit
- Deposit Period
- Maturity Instructions
- Interest Payable
- Interest Payable Mode
- Principal and Interest Credit Account No.
Step 6 : Click on Continue to Proceed.
Step 7 : Put a check mark on the 2 check boxes at the bottom of the page and click on Confirm.
You’re done !
How to Open Fixed Deposit in HDFC Bank Offline ?
If you don’t have an internet banking account in HDFC Bank, you don’t have to worry. You can also open a fixed deposit in HDFC by visiting your HDFC Bank Home Branch. You just need to follow the simple steps given below and you will soon have a HDFC Bank fixed deposit account.
(1) Filling the Fixed Deposit Form
You can either collect a form for HDFC Bank Fixed deposit from your Home Branch or you can download the HDFC FD Form Online. Once you have the Fixed Deposit Form of HDFC Bank, you need to fill in all the required details.
(2) Gathering the Required Documents
Once you fill up the fixed deposit form, you need to gather all the documents which are required to open a Fixed Deposit Account in State Bank of India. You may be asked to submit self attested photostat copies of your PAN Card and Address Proof.
(3) Verifying the Documents for Term Deposit Account
Once you have filled the fixed deposit form and you have the required documents with you, you need to Visit the HDFC Bank Home branch to verify your documents.
(4) Submitting the Amount for Fixed Deposit in HDFC Bank
Once your documents are verified, you need to make sure that you have at least the amount in your bank of which you need to open Fixed Deposit. If not, then you must deposit the amount.
(5) Opening the HDFC Fixed Deposit
Finally, you will need to submit all your documents along with the cash voucher(if you have submitted an amount). You will either be given your Fixed Deposit Account Details on the same day or you will be given a date on which you can collect your details.
These are the 2 different ways by which you can open a fixed deposit account in HDFC Bank. In my opinion, opening a fixed deposit online is an easy task and would not take more than 5 minutes. The only condition is that you need to have a net banking account in HDFC Bank.
Hdfc Fixed Deposit Calculator
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