|Period||< 1 Cr|
|Interest Rate||Senior Citizen Rates|
|7 - 14 days||3.50 %||4.00 %|
|15 - 29 days||4.25 %||4.75 %|
|30 - 45 days||5.75 %||6.25 %|
|46 - 60 days||6.25 %||6.75 %|
|61 - 90 days||6.25 %||6.75 %|
|91 days - 6 months||6.25 %||6.75 %|
|6 months 1 day - 6 months 3 days||6.75 %||7.25 %|
|6 months - 4 days||6.75 %||7.25 %|
|6 months 5 days - 9 months||6.75 %||7.25 %|
|9 months 1 day - 9 months 3 days||7.10 %||7.60 %|
|9 months - 4 days||7.10 %||7.60 %|
|9 months 5 days - 9 months 15 days||7.10 %||7.60 %|
|9 months 16 days||7.10 %||7.60 %|
|9 months 17 days less than 1 Year||7.10 %||7.60 %|
|1 Year||7.30 %||7.80 %|
|1 year 1 day - 1 year 3 days||7.30 %||7.80 %|
|1 year 4 days||7.30 %||7.80 %|
|1 year 5 days - 1 Year 15 Days||7.30 %||7.80 %|
|1 Year 16 days||7.30 %||7.80 %|
|1 year 17 days - 2 Years||7.30 %||7.80 %|
|2 years 1day - 2 Years 15 days||7.40 %||7.90 %|
|2 Years 16 days||7.40 %||7.90 %|
|2 years 17 days - 3 Years||7.40 %||7.90 %|
|3 years 1day - 5 years||7.25 %||7.90 %|
|5 Years 1 day - 8 Years||6.50 %||7.00 %|
|8 Years 1 day - 10 Years||6.50 %||7.00 %|
Desclaimer: We are trying our best to provide you correct and updated information about HDFC FD rate but we can not guarantee that all the information on this page is 100% correct. If you find any mistake on this page then click here to inform us.
The HDFC Bank Ltd is a private sector new generation bank which started its operations in the year 1994. So it is a relatively new bank in comparison to the other nationalized banks available in the country. It is one of the most talked about banks in the banking fraternity due to its CASA % which is as high as 45% and one of the best available in the banking industry. The bank is the largest private sector bank as per the market capitalization. It is one of the premier banks available in India. The bank has transformed itself into a great bank ever since its inception.
The bank has the total number of 4520 branches as on March 2016. It has also opened the branches in the rural and semi urban areas and has the total 55% branches located at these centers catering about 37 million people of this country. The bank has the total workforce of around 76000 which is very huge. The bank has many subsidiaries or group companies which also cater to the clients as per the requirements. The bank is presently headed by Adiya Puri who is MD of the bank and the pioneer in the banking industry.
The bank has the total business of Rs 1011018 Crore which is equivalent to 148.79 billion USD. The Bank has the total Deposit base of Rs 546424 Crore which is equivalent to 80.42 billion USD. The bank has the advances (Loans) of 68.37 billion USD. The bank has the pan India presence barring few districts in the central India and areas around Chhattisgarh where the presence of the bank is still to be felt.
The bank has evenly distributed branches at different locations like the bank has 20% urban branches , 23% rural branches,32% of the branches are located in the semi urban branches and 25% of the branches are located in the metros. Hence the bank has evenly distributed the branches at all centers and has been able to garner the business.
It is one of the best private banks available in the country with the upgraded technology and also the younger workforce. The bank has recently launched the watch banking which is a feature for the apple watch which can be synched to the iphone of the user. Hence with the cutting edge of the technology, the bank has been promoting the products. The bank operates with the slogan of “We understand your world”. The bank apart from the other services has focused on many of the parameters like credit cards, mutual funds etc which is being done by its subsidiaries.
The bank has been growing at a rapid pace. The net profit is increasing day by day. When the whole India is talking about the NPAs, the bank has the gross NPA of 0.94% which is in the net terms comes to 0.28%. This is far below of the industry average and shows the commitment of the bank to focus on the better quality of the assets. So if you are an investor in the HDFC Bank shares, you can remain invested in the bank for the longer time.
It is to be seen when the CASA % in the nationalized banks is not picking up, the growth in the deposits in the HDFC Bank is 18.50%. The Capital Adequacy ratio which is a measure of the risk in the bank is as high as 15.50% whereas as per the Basel –III norms the requirement is only 11.50 which has been prescribed by the Reserve Bank to be achieved till 31 March 2019. Hence the bank is well above the norms in the present stage itself. The vision of the bank has been properly set and the main reason behind the same is the proper implementation of the visionary approaches in the bank which has been found lacking in many PSU banks.
So if you are an investor or the depositor or even borrower, you are going to relish this relation with the bank for a very long time.