HDFC FD Scheme: Earn ₹35,000 Returns in Just a Few Months

Fixed Deposits (FDs) are one of the safest and most preferred investment options in India, offering guaranteed returns with minimal risk. HDFC Bank’s Special Edition FD Scheme is making waves, promising high returns, including potential earnings of ₹35,000 in just a few months. If you’re looking for a secure way to grow your savings, this FD scheme might be the perfect fit.

In this guide, we’ll break down HDFC’s FD scheme, its benefits, interest rates, eligibility criteria, and how you can invest. Whether you’re a seasoned investor or just starting, this article will help you understand everything you need to know in simple terms.

HDFC FD Scheme Earn ₹35,000 Returns

Feature	Details
Bank	HDFC Bank
Scheme Name	HDFC Special Edition Fixed Deposit
Interest Rates	7.35% for 35 months, 7.40% for 55 months (regular investors)
Senior Citizen Rates	Additional 0.50% (7.85% for 35 months, 7.90% for 55 months)
Potential Returns	₹35,000 on an investment of ₹5 lakh in 21 months
Minimum Deposit	₹5,000
Lock-in Period	No lock-in, but early withdrawal may affect returns
Official Website	HDFC Bank

The HDFC Special Edition FD Scheme is an excellent investment for those looking for secure, high returns with zero risk. With competitive interest rates up to 7.90%, flexible investment options, and guaranteed earnings, this FD is ideal for both young professionals and senior citizens. Whether you’re planning for short-term savings or long-term financial security, this scheme is worth considering.

What is the HDFC Special Edition FD Scheme?

HDFC Bank has introduced a Special Edition Fixed Deposit with competitive interest rates that offer substantial returns compared to standard FDs. This scheme allows investors to earn up to ₹35,000 in a few months based on their deposit amount and tenure.

Unlike traditional investment options like stocks and mutual funds, which carry market risks, FDs offer guaranteed returns. This makes them a preferred choice for individuals who want a secure and predictable investment.

see also: SCSS vs Senior Citizen FD Which Investment Option is Better?

Why Should You Invest in This FD Scheme?

Here are a few reasons why HDFC’s Special Edition FD stands out:

1. High Interest Rates

• The FD offers 7.35% for 35 months and 7.40% for 55 months for regular investors.
• Senior citizens get an extra 0.50%, making it 7.85% and 7.90%, respectively.

2. Assured Returns

• Unlike the stock market, where returns fluctuate, an FD provides fixed earnings.
• For instance, if you invest ₹5 lakh in 21 months, you can earn around ₹35,000 in interest.

3. Flexible Investment Amount

• The minimum investment starts at just ₹5,000, making it accessible to many investors.
• There’s no upper limit on how much you can invest.

4. Safe and Reliable

• Since it’s backed by HDFC Bank, one of India’s leading financial institutions, your money is secure.

Interest Rates and Returns Calculation

Let’s take a closer look at how much you can earn based on different investment amounts.

Investment Amount	Interest Rate (35 months)	Interest Earned
₹1,00,000	7.35%	₹21,600
₹2,00,000	7.35%	₹43,200
₹5,00,000	7.35%	₹1,08,000
₹10,00,000	7.35%	₹2,16,000

Note: The final maturity amount will include both principal and interest earned.

How to Invest in HDFC’s FD Scheme?

For Existing HDFC Customers

1. Log in to your HDFC Bank NetBanking account.
2. Go to the ‘Fixed Deposit’ section.
3. Choose the tenure (35 or 55 months).
4. Enter the investment amount.
5. Confirm the details and submit the application.

For New Customers

1. Visit the HDFC Bank website.
2. Select the FD account opening page.
3. Complete the KYC process online.
4. Fund the FD via UPI (up to ₹1 lakh) or NEFT (up to ₹25 lakh).
5. Receive an FD receipt for confirmation.

see also: Sukanya Samriddhi Yojana You will get this many lakh rupees on depositing ₹ 250, ₹ 400, ₹ 600

HDFC FD Scheme Earn ₹35,000 Returns FAQs

1. Can I withdraw my money before the maturity period?

Yes, but premature withdrawal may lead to a lower interest rate or penalty.

2. Is there a tax on FD interest?

Yes, interest earned on FDs is taxable under Income Tax Act, 1961. If the interest exceeds ₹40,000 (₹50,000 for senior citizens) in a financial year, TDS (Tax Deducted at Source) of 10% is applicable.

3. How is interest paid on the FD?

You can choose from monthly, quarterly, or cumulative interest payout options.

4. Can I take a loan against my FD?

Yes, HDFC Bank allows you to avail a loan or overdraft of up to 90% of your FD amount.

5. Is it better to invest in an FD or mutual fund?

If you want guaranteed returns with low risk, an FD is better. However, if you seek higher returns with some risk, mutual funds may be more suitable.