HSBC Bank offers fixed deposits with attractive interest rates and flexible tenures. You can choose from various interest payout options, like monthly, quarterly, or on maturity. HSBC also provides features such as premature withdrawal, overdraft facilities, and special rates for senior citizens.
Here is the interest rate table for fixed deposits of less than 3 crore (minimum deposit amount is 10,000):
| Tenure | General Customers (%) | Senior Citizens (%) |
|---|---|---|
| 7 Days | 2.85 | 3.35 |
| 8 Days | 2.85 | 3.35 |
| 9 to 14 Days | 3.00 | 3.50 |
| 15 to 29 Days | 3.00 | 3.50 |
| 30 to 59 Days | 3.40 | 3.90 |
| 60 to 89 Days | 3.60 | 4.10 |
| 90 to 93 Days | 3.80 | 4.30 |
| 94 Days | 3.80 | 4.30 |
| 95 to 179 Days | 4.00 | 4.50 |
| 180 Days | 4.50 | 5.00 |
| 181 to 269 Days | 3.25 | 3.75 |
| 270 Days to 364 Days | 3.70 | 4.20 |
| 365 Days | 4.00 | 4.50 |
| 366 Days to 399 Days | 4.00 | 4.50 |
| 400 Days | 3.25 | 3.75 |
| 401 Days to less than 18 months | 6.25 | 6.75 |
| 18 months to 599 days | 4.10 | 4.60 |
| 600 days | 3.75 | 4.25 |
| 601 to 699 days | 7.50 | 8.00 |
| 700 days | 3.75 | 4.25 |
| 701 days to 730 days | 4.25 | 4.75 |
| 731 Days | 4.25 | 4.75 |
| 732 days to less than 36 months | 7.25 | 7.75 |
| 36 months to less than 37 months | 7.00 | 7.50 |
| 37 months to less than 48 months | 6.00 | 6.50 |
| 48 months to 60 months | 6.00 | 6.50 |
Data last updated on 01/09/2024. Check latest interest rates here.
HSBC Bank FD Calculator
HSBC Bank FD FAQ
How can I open a Fixed Deposit with HSBC?
You can open a Fixed Deposit online with a minimum amount of ₹10,000 by following a few simple steps.
What are the interest rates for HSBC Fixed Deposits?
HSBC offers competitive interest rates, with special rates available for select tenures. Rates are subject to change, so please check the current rates when booking.
What is the minimum amount required for booking an FD online?
You can book a Fixed Deposit online for amounts below ₹1 crore with a minimum of ₹10,000.
Are there special interest rates for senior citizens?
Yes, senior citizens (aged 60 and above) receive higher interest rates on domestic Fixed Deposits, applicable only if they are the first holder in a joint account.
Can I add a nominee to my HSBC Fixed Deposit?
Yes, you can add a nominee online through Internet Banking or by submitting a form at your nearest HSBC India branch.
Is TDS applicable on HSBC Fixed Deposits?
Yes, TDS is applicable on interest earned from Resident/NRO Deposits, as per Indian tax regulations.
How is the interest on savings accounts calculated at HSBC?
Interest on savings accounts is calculated on a daily product basis and credited quarterly to your account as per RBI guidelines.