HDFC Bank ₹5 Lakh FD 2026 — Interest & Maturity at 7%
A ₹5 Lakh fixed deposit in HDFC Bank at 7% p.a. for 5 years (quarterly compounding) matures to approximately ₹7.07 L. The total interest earned is ₹2.07 L, or about ₹3,456/month if you choose the payout option. Senior citizens earn 7.5%, yielding ₹7.25 L on the same deposit.
Last updated: 24 May 2026, 10:00 AM IST
Maturity Amount
₹7.07 L
at 7% for 5 years (quarterly compounding) at HDFC Bank
HDFC Bank — FD Details
Regular Rate
7% p.a.
Senior Citizen Rate
7.5% p.a.
TDS on FD Interest
TDS at 10% on annual interest exceeding ₹40,000 (₹50,000 for seniors). PAN mandatory — 20% TDS without PAN. e-TDS certificate available on NetBanking.
Premature Withdrawal
Allowed after 7 days. Penalty: 1% below the applicable rate for the tenure the FD has completed. Sweep-in FDs auto-break from the last deposit first.
Minimum Deposit
₹5,000 (regular), ₹10,000 (tax-saver)
Data Sources
- RBI — Master Direction on Interest Rates (2026) — www.rbi.org.in
- Bank Websites — Latest FD Rates (May 2026) — www.rbi.org.in
- Income Tax Act — TDS on FD Interest (2025) — incometaxindia.gov.in
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Important: This calculator provides estimates based on the inputs and assumptions you provide. Results are mathematical projections, not financial advice or recommendations. Actual outcomes will vary based on market conditions, policy changes, individual circumstances, and factors not captured by this tool. Verify all figures independently and consult qualified professionals before making financial decisions.
HDFC Bank FD — Rates, TDS & Withdrawal Rules
A senior citizen couple in Delhi deposits ₹5 Lakh in HDFC Bank at 7% for 5 years. With quarterly compounding, the deposit matures to ₹7.07 L, earning ₹2.07 L in interest. A senior citizen would earn ₹2.25 L at the preferential rate of 7.5%. HDFC Bank charges a 1% penalty for premature withdrawal. TDS at 10% on annual interest exceeding ₹40,000 (₹50,000 for seniors). PAN mandatory — 20% TDS without PAN. e-TDS certificate available on NetBanking. The non-cumulative (monthly payout) option gives about ₹3,456/month, useful for retirees needing regular income. For higher returns, consider laddering: split the ₹5 Lakh across 1-year, 2-year, and 5-year FDs for better liquidity while capturing different rate slabs.
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Ganesh Kompella is NISM Series XIX-C certified — the certification for Alternative Investment Fund managers — and a Partner at Tykhe Ventures, a SEBI-registered Category II AIF (~$20 M AUM). He's a self-taught engineer who built RupayWise and its 230+-test calculation engine because India's finance tools were built to sell products, not to help you decide. RupayWise is an educational platform — not a SEBI-registered Investment Adviser.
Frequently Asked Questions
What is the maturity of ₹5 Lakh FD in HDFC Bank?
At 7% for 5 years with quarterly compounding, ₹5 Lakh matures to ₹7.07 L. Senior citizens at 7.5% get ₹7.25 L.
How much monthly interest on ₹5 Lakh FD from HDFC Bank?
The monthly interest payout on a ₹5 Lakh FD at 7% is approximately ₹3,456.
Is TDS applicable on ₹5 Lakh FD at HDFC Bank?
TDS at 10% on annual interest exceeding ₹40,000 (₹50,000 for seniors). PAN mandatory — 20% TDS without PAN. e-TDS certificate available on NetBanking.
Can I break my HDFC Bank FD early?
Allowed after 7 days. Penalty: 1% below the applicable rate for the tenure the FD has completed. Sweep-in FDs auto-break from the last deposit first.
Is HDFC Bank FD safe?
HDFC Bank FDs are covered by DICGC insurance up to ₹5 Lakh per depositor per bank. For deposits above ₹5 Lakh, consider splitting across multiple banks.
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Disclaimer: This calculator provides estimates based on the interest rates and tenure shown. Actual maturity may vary based on the bank's specific compounding method and any rate revisions during the tenure. Bank rates are sourced from public data and may not reflect the latest changes — always confirm with your bank before investing. TDS is deducted at source if applicable. This is not financial advice. RupayWise is not a deposit broker or financial advisor.