Fixed deposit calculators give you an estimate of your returns and ensure you get the best returns. As such, they are a crucial component of your FD investment. If you plan to invest in an HDFC Bank FD, you can use the official HDFC Bank FD calculator and make the most of it.
This online calculator will give you an estimate of your maturity amount, based on which you can decide on the ideal tenor. Moreover, this calculator is easy to navigate and available for free.
Read on to know the benefits of using the HDFC Bank FD interest calculator and the interest rates of HDFC Bank fixed deposits.
HDFC Bank offers FD schemes for various tenors with attractive interest rates. Here are the latest interest rates for FDs of less than 2 crores:
Tenor |
Regular Citizens (p.a.) |
Senior Citizens (p.a.) |
7 days - 10 years |
3.00% - 7.20% |
3.50% - 7.75% |
Disclaimer: The fixed deposit interest rates are latest as of October 2023 and are subject to change at the bank's discretion.
Using the HDFC Bank FD calculator offers a plethora of benefits, and here are some of them:
The HDFC Bank fixed deposit calculator provides the expected returns instantly, saving you from tedious manual calculations that can be time-consuming. With just a click of a button, this tool calculates the returns you can get from an FD across different tenors.
This FD calculator facilitates easy financial planning through the estimates that you get. You can use the results to compare the returns from different schemes and terms.
Another benefit of the HDFC Bank FD calculator is that it is free of cost online. You can use it without any restrictions.
The HDFC Bank FD calculator is a flexible and easy tool. To use it, you just need to input basic investment details, such as the investment amount, tenor, and interest rate.
There’s a possibility that you make mistakes while calculating FD returns manually, especially if the tenor is higher. However, the HDFC Bank FD calculator reduces the chances of error and instantly provides accurate results.
As you can see, using the HDFC Bank fixed deposit calculator provides numerous benefits. With this tool, you can easily choose the right investment option to meet your goals. When it comes to booking an FD, you can easily do so on Bajaj Markets.
This platform provides various types of fixed deposits in a single place. With a straightforward investment process and minimal paperwork requirements, you can have a hassle-free experience.
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You can open an HDFC Bank FD through online and offline channels. You can easily open it online through net banking. Alternatively, you can visit the bank's nearest branch and book an FD via offline mode.
Yes, you can withdraw your HDFC Bank FD before maturity. However, you need to pay a premature withdrawal penalty. The amount depends on the time you withdraw and the bank’s policy.
The minimum investment amount for an HDFC Bank FD is ₹5,000.
Yes, you can get a loan from HDFC Bank against your FD. You can get up to 90% of the deposit amount as a loan. Moreover, the interest rate is affordable, ensuring you get affordable financing.