Learn how HDFC Bank FD (Fixed Deposit) credit cards work, their eligibility, benefits, credit limits, application process, and key requirements.
Last updated on: Sep 21, 2026
An HDFC Bank credit card against an FD is a type of secured credit card where your fixed deposit with HDFC Bank serves as collateral instead of income documents. The bank blocks a portion of the FD and issues a credit limit based on its value, so there is no risk of default for the lender. Key benefits include easy approval regardless of credit history, no requirement for salary slips or ITRs, and the ability to use the card just like any regular HDFC Bank credit card for shopping, bill payments, and EMI conversions.
Before you apply, keep the following points in mind:
Existing FD Requirement: You must already hold, or be willing to open, a fixed deposit with HDFC Bank. The FD is linked to the card and gets partially blocked as security for the duration the card remains active.
Eligibility Criteria: Indian residents aged 18 to 75 years with a valid FD can apply. There is no minimum income or prior credit score requirement, which makes this option ideal for those new to credit.
Documentation: Only basic identity and address proof (such as PAN and Aadhaar) along with the Fixed Deposit Receipt are required. No salary slips, bank statements, or income tax returns are needed.
Credit Limit: The limit is generally set at up to 90% of the FD amount, subject to a maximum of Rs. 3 lakh. Applicants can also link multiple eligible fixed deposits online to increase their overall credit limit.
HDFC Bank's fixed deposit-backed credit cards come with several practical advantages that make them attractive for both first-time and existing customers:
No income proof or credit history needed: Since the card is secured against the FD, HDFC Bank does not ask for salary slips, employment proof, or a CIBIL score.
Easy and quick approval: Because the risk to the bank is minimal, applications are processed swiftly, often without the lengthy underwriting associated with regular unsecured cards.
FD keeps earning interest: Your fixed deposit continues to accrue interest at the applicable rate throughout the tenure of the card, so your investment growth is not interrupted.
Credit-score building: Timely repayment of credit card dues is reported to credit bureaus, helping cardholders establish or improve their credit score over time.
Rewards and cashback: Cardholders can earn reward points or cashback on eligible transactions, redeemable against vouchers, air miles, or statement credit, much like a standard credit card.
SmartEMI conversion: Large purchases, whether online or in-store, can be converted into manageable EMIs at competitive interest rates.
Interest-free grace period: Outstanding balances can be cleared within this window without attracting any interest charges, provided the full amount is paid on time.
Convenient account management: Cardholders can track spending, pay bills, and manage limits easily through HDFC Bank's MyCards portal, NetBanking, or the PayZapp mobile application.
To be eligible for an HDFC Bank credit card against a fixed deposit, applicants must fulfil the following conditions:
Citizenship: Must be a resident citizen of India.
Age: At least 18 years of age
Fixed Deposit Account: A valid fixed deposit held with HDFC Bank is mandatory; those without one must open an FD before applying.
Minimum FD Amount: The fixed deposit must be worth at least ₹25,000. Note that tax-saver FDs, sweep-in FDs, and deposits held in the name of NRIs or minors are typically not eligible for this facility.
Disclaimer: Eligibility requirements, FD criteria, and card issuance terms may vary based on the card variant and the bank's prevailing policies.
Applying for an HDFC Bank FD-backed credit card is straightforward:
Click here to begin the credit card application process
Enter your phone number, date of birth, and occupation
You will get a One-Time Password (OTP) sent to your phone, simply enter it to verify your identity
Look over the pre-filled information, including your PAN card number, email, PIN code, and income details
Choose Tata Neu Plus HDFC Bank Credit Card among the available options
You will be redirected to the official website for the further process
Below are the key differences between an FD-backed credit card and a regular credit card:
| Parameter | FD Credit Card | Regular Credit Card |
|---|---|---|
Approval basis |
Fixed deposit as collateral |
Income, employment, and credit profile |
Income proof |
Not required |
Usually mandatory |
Credit score needed |
Not required |
Generally required |
Credit limit basis |
Up to ~90% of FD value (max Rs. 3 lakh) |
Based on income and repayment capacity |
Best suited for |
First-time users, those with low or no credit history |
Salaried or self-employed individuals with an established credit profile |
Note: The comparison above is indicative and intended for general understanding. Actual eligibility requirements, credit limits, and approval criteria may vary depending on the card issuer and the specific credit card variant.
Reviewer
It is a secured credit card issued by HDFC Bank against a fixed deposit, offering a credit limit without requiring income proof or a credit score.
A minimum fixed deposit of about ₹25,000 with HDFC Bank is required to apply.
Typically up to 90% of your FD value, subject to a maximum limit of ₹3 lakh.
No. Since the FD acts as collateral, income proof, salary slips, or credit history are not required.
HDFC Bank offers select FD-backed variants of its co-branded and standard cards, such as the FD-backed variant of the Tata Neu Plus HDFC Bank Credit Card, designed for applicants who are new to credit.
Yes, your FD continues to earn interest at the applicable rate for its full tenure, even while linked to the credit card.
Tax-saver FDs, sweep-in FDs, and FDs held in the name of NRIs or minors are generally not eligible.
Since the FD is pledged as security against the card, it typically cannot be withdrawn or closed while the credit card remains active without first settling and closing the card account. Cardholders should check the exact terms with HDFC Bank before making any withdrawal request.