Flexi Fixed Deposit HDFC Bank

Explore Guaranteed Return Plans

Guaranteed return plans provide fixed returns and the security of life insurance. These plans are a suitable option for risk-averse investors, as they are not affected by market conditions.

What is an HDFC Bank Flexi Fixed Deposit?

Flexi Deposit HDFC Bank is linked to your savings account to offer liquidity and better returns. The Flexi Fixed Deposit ensures easy access to money while maximising interest. Surplus funds beyond a set threshold are automatically transferred into fixed deposits. This threshold balance or sweep-in amount varies by account type, such as SavingsMax, Women’s Savings, or Kid’s Advantage.

HDFC Bank Flexi Deposit Interest Rates 

Flexi fixed deposit interest rates are the same as regular HDFC Bank FD rates. The table below shows the current HDFC Bank FD rates for different time periods:

Fixed Deposit Interest Rate Less Than ₹3 Crores 

*HDFC Bank FD interest rates w.e.f. June 25, 2025

To explore comparative options, check the FD interest rates in India.

Key Features of HDFC Bank Flexi Fixed Deposit

Here’s why HDFC Bank Flexi Fixed Deposit stands out as a convenient and secure investment option:

• Higher Interest: Flexi Fixed Deposits earn interest similar to regular FDs (ranging from 2.75% to 6.45%), much higher than those offered on an HDFC Savings Account. Senior citizens earn 0.50% additional interest, depending on the deposit and tenure.
• Minimum Sweep-in Amount: The threshold amount for an HDFC Bank Flexi Fixed Deposit depends on the account type. It is ₹25,000 for SavingsMax and Women’s Savings Accounts, and ₹10,000 for the Kid’s Advantage Account.
• Multiple Deposits: You can link more than one Flexi Fixed Deposit. The bank uses the Last-In-First-Out (LIFO) method, meaning the most recent deposit is used first during a sweep-in.
• Flexible Deposit Options: Flexi Fixed Deposits offer the flexibility to choose the deposit amount, tenure, and interest payout method. You can also limit the balance to be maintained in your HDFC Savings Account, which helps you manage your funds more efficiently.

How to Open an HDFC Bank Flexi Fixed Deposit?

You can open a Flexi Deposit with HDFC Bank online or by visiting a branch. Existing customers can directly book a Flexi Deposit, while new customers must first open a savings account and then link their Flexi Deposit to it. Below are the steps:

1. Online FD Account Opening

   Existing HDFC Bank customers can open a Flexi FD instantly through NetBanking or the HDFC Bank MobileBanking App.

   • Log In: Log in to HDFC Bank NetBanking or the HDFC Bank MobileBanking App using your credentials.
   • Navigate to Deposits: Go to the ‘Accounts’ section and select ‘Fixed Deposits’ or 'Open FD'.
   • Select FD Type: Choose the 'Flexi Fixed Deposit' option.
   • Enter Details: Enter the deposit amount (starting from ₹5,000) and choose your preferred tenure.
   • Maturity Instructions: Select your interest payout frequency or other maturity instructions.
   • Review & Confirm: Review all the details, accept the terms and conditions, and submit.
   • FD Receipt: An e-receipt or confirmation will be generated instantly.

2. Offline FD Account Opening

   If you prefer a traditional approach, you can visit any HDFC Bank branch to open your Flexi Fixed Deposit.

   • Visit an HDFC Bank Branch: Go to your nearest HDFC Bank branch with your KYC documents.
   • Fill the FD Form: Fill out the Fixed Deposit application form at the branch.
   • Submit Documents: Provide your PAN card and a valid ID/address proof, such as an Aadhaar number.
   • Fund Transfer/Deposit: Deposit the FD amount via cheque or cash. The minimum deposit is ₹5,000.
   • Choose Tenure & Options: Select the deposit tenure and interest payout frequency with the bank representative.
   • Get the FD Receipt: Upon successful processing, you will receive a Term Deposit Receipt (TDR) as confirmation.

Difference Between Flexi Fixed Deposits and Regular Fixed Deposits

Here’s a simple comparison of the main features of HDFC Bank Regular Fixed Deposit and Flexi Fixed Deposit to help you understand the difference:

Key Takeaways

HDFC Bank Flexi Fixed Deposit is well-suited for salaried professionals, freelancers, and business owners with a steady bank balance. The Flexi Fixed Deposit is a smart choice for those looking to earn more on surplus savings while earning interest income, typically higher than standard fixed deposits. One of the key benefits is that it helps you avoid HDFC Bank FD premature withdrawal penalties.