The 450-day fixed deposit (FD) is a periodic deposit choice offered by HDFC Bank which is valid for a short time and was introduced in 2026. This is more than a one-year FD but less than a long-term deposit. It allows the investors to experience the higher interest rates without having to make a long-term commitment. The scheme is best suited to those who want to have a definite income in a fluctuating market.
Interest Rates and Returns
HDFC Bank sets up competitive interest rates among all its FD products. The interest rates for the 450-Day FD are quite high as against the usual one-year deposits. The elderly people are given another interest benefit, making this scheme even more appealing for them. The interest is calculated quarterly, making the saving process continuous and steady.
Why Choose 450 Days?
The 450-day period has been chosen very cleverly. It allows the investors to keep their money for just over 15 months, which is enough to get good returns but still short to react with liquidity. Hence, it is perfect for the medium term financial goals, such as planning for travel, education, or even emergency funds.
Key Features
- Minimum deposit is ₹5,000 only.
- Interest rate for the general public is 6.25% – 7.05% p.a.
- Senior citizens can get 7.55% p.a. interest.
- The bank allows early withdrawal but with some penalties.
- It is a risk-free and good investment that has HDFC Bank’s trust as the backing.
Comparison Table
| Feature | HDFC Bank 450-Day FD 2026 | Regular 1-Year FD | Long-Term FD (3 Years) |
|---|---|---|---|
| Tenure | 450 Days (≈15 months) | 365 Days | 3 Years |
| Interest Rate (Public) | 6.75% – 7.05% | 6.25% | 6.45% |
| Interest Rate (Senior) | 7.25% – 7.55% | 6.75% | 6.95% |
| Liquidity | Medium | High | Low |
| Risk | Very Low | Very Low | Very Low |
Tax Implications
The taxman is going to take a share of the interest that you earn on the FD according to your income tax slab. But, if you go with tax-saving FDs, you will still get some tax benefits under Section 80C. The 450-Day FD is not a tax-saving instrument in itself, yet it provides better returns than shorter deposits.
Final Thoughts
The HDFC Bank 450-Day FD 2026 is a great investment option that guarantees safety, good returns, and moderate liquidity at the same time. It is especially suitable for the elderly and people who need to plan their finances for the medium term. By investing their money for 15 months, the investors can still get higher interest rates and have their money available sooner than with long-term deposits.
