Corporate Fixed Deposit

The deposit placed by investors with companies for a fixed term carrying a prescribed rate of interest is called Company Fixed Deposit. Financial institutions and Non-Banking Finance Companies (NBFCs) also accept such deposits. Deposits thus mobilised are governed by the Companies Act under Section 58A. These deposits are unsecured, i.e., if the company defaults, the investor cannot sell the documents to recover his capital, thus making them a risky investment option.

HDFC has instituted well-defined service standards for depositors. It has been able to mobilise deposits from over 10 lac depositors and has been awarded "AAA" rating for its deposits from both CRISIL and ICRA for over a decade representing highest safety as regards timely payment of principal and interest.

Benefits of an HDFC Individual Deposit

  • Highest Safety
  • Attractive Returns
  • Quick Loan Facility
  • Nomination Facility
  • Electronic Clearing Service

Rating : AAA rating from both CRISIL and ICRA for 17 consecutive years

Who Can Invest :

For HDFC Platinum Deposits - Resident, NRI Individuals & Trusts only

For HDFC Ltd. - SSP - Resident Individuals

To Download Application Form : Click Here


PREMIUM DEPOSITS (Fixed Rates)
Period Monthly Income Plan Quarterly Option Half-Yearly Option Annual Income Plan Cumulative
Option
INDIVIDUALS
Interest Rates On Deposits Upto Rs. 2 Crore (p.a.)
15 months 7.25% 7.30% 7.35% - 7.50%
22 months 7.30% 7.35% 7.40% 7.55% 7.55%
30 months 7.25% 7.30% 7.35% 7.50% 7.50%
44 months 7.30% 7.35% 7.40% 7.55% 7.55%
TRUSTS & INSTITUTIONS
Interest Rates On Deposits Upto Rs.5 Crore (p.a.)
20 months 7.15% 7.20% 7.25% 7.40% 7.40%
40 months 7.15% 7.20% 7.25% 7.40% 7.40%
Minimum Amount (Rs) 40,000 20,000 20,000 20,000 20,000
Individuals can also place deposits under this option.
REGULAR DEPOSITS (Fixed & Variable Rates)
Period Monthly Income Plan Quarterly Option Half-Yearly Option Annual Income Plan Cumulative
Option
INDIVIDUALS & TRUSTS
Interest Rates on Deposits upto Rs. 3 crore (p.a.)
12-23 months 7.15% 7.20% 7.25% - 7.40%
24-60 months 7.15% 7.20% 7.25% 7.40% 7.40%
Minimum Amount (? ) 40,000 20,000 20,000 20,000 20,000
Interest Rates on Deposits exceeding Rs. 3 crore (p.a.)
12-23 months 6.95% 7.00% 7.05% - 7.20%
24-60 months 6.95% 7.00% 7.05% 7.20% 7.20%