You can get a regular income when you choose for monthly or quarterly interest pay-outs.If you choose a FD with a reinvestment option, you can get the benefits of compound interest.
You can easily open a FD account if you already have a savings account in HDFC bank.Fixed Deposits give you guaranteed returns.Features and Benefits of HDFC Fixed Deposits And for a tenure of more than 5 years and up to 10 years, senior citizens will get an additional rate of 0.75% p.a. Senior citizens are offered an additional interest rate of 0.50% p.a. HDFC bank offers Fixed Deposits starting from 2.5% to 5.5% for general public and 3.25% – 6.25% for senior citizens with tenure starting from 7 days to 10 years.
