India’s largest private sector lender, HDFC Bank, has revised its fixed deposit (FD) interest rates, effective December 17, 2025, following the Reserve Bank of India’s (RBI) 25 basis point cut in the repo rate to 5.25% from the earlier 5.50%.

The RBI recently announced the rate cut, describing India’s macroeconomic situation as a “rare Goldilocks period,” marked by strong economic growth and moderate inflation. In response, several banks have started trimming deposit rates, and HDFC Bank has now joined the list after State Bank of India (SBI) also reduced rates on select FD tenures.

According to reports, HDFC Bank has reduced interest rates on fixed deposits with tenures between 18 months and less than 21 months. For general investors, the rate has been lowered to 6.45% from 6.60%, while senior citizens will now earn 6.95% instead of 7% on the same tenure.

HDFC Bank Fixed Deposit Interest Rates (Up to ₹3 crore)

(Effective December 17, 2025)

• 7–14 days: 2.75% (General) | 3.25% (Senior Citizen)

• 15–29 days: 2.75% (General) | 3.25% (Senior Citizen)

• 30–45 days: 3.25% (General) | 3.75% (Senior Citizen)

• 46–60 days: 3.25% (General) | 3.75% (Senior Citizen)

• 61–89 days: 3.25% (General) | 3.75% (Senior Citizen)

• 90 days to 6 months: 3.25% (General) | 3.75% (Senior Citizen)

• 6 months 1 day to 9 months: 5.50% (General) | 6.00% (Senior Citizen)

• 9 months 1 day to <1 year: 5.75% (General) | 6.25% (Senior Citizen)

• 1 year to <15 months: 6.25% (General) | 6.75% (Senior Citizen)

• 15 months to <18 months: 6.35% (General) | 6.85% (Senior Citizen)

• 18 months to <21 months: 6.45% (General) | 6.95% (Senior Citizen)

• 21 months to 2 years: 6.45% (General) | 6.95% (Senior Citizen)

• 2 years 1 day to <2 years 11 months: 6.45% (General) | 6.95% (Senior Citizen)

• 35 months: 6.45% (General) | 6.95% (Senior Citizen)

• Up to 3 years: 6.45% (General) | 6.95% (Senior Citizen)

• 3 years 1 day to <4 years 7 months: 6.40% (General) | 6.90% (Senior Citizen)

• 4 years 7 months to 5 years: 6.40% (General) | 6.90% (Senior Citizen)

• 5 years 1 day to 10 years: 6.15% (General) | 6.65% (Senior Citizen)

The bank has clarified that senior citizen rates are not applicable to NRI customers, and NRE fixed deposits carry a minimum tenure of one year.

With interest rates now trending lower following the RBI’s policy shift, depositors—especially long-term investors—may need to reassess FD tenures and compare rates across banks to maximise returns in the evolving rate cycle.

Join our Telegram Channel for Latest News and Regular Updates.

Start your Mutual Fund Journey  by Opening Free Account in Asset Plus.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.