• Highest Safety
• Tax Benefits
• Attractive Returns
• Quick Loan Facility
• Nomination Facility
• Demand Draft Facility
• High Service Standards
• Electronic Clearing Service

Highest Safety:
'FAAA' and 'MAAA' rating affirmed for the SIXTEENTH consecutive year by CRISIL and ICRA respectively.

Tax Benefits:
TDS: No tax deduction at source on interest from deposits upto Rs. 5,000/- per branch in a Financial Year.

Attractive Returns: 
HDFC deposits are Available throughout the year and offer Attractive, Assured returns to investors. Interest rates offered are higher than that offered by most of the commercial banks.

Quick Loan Facility:
Loan against deposit is available after 3 months from the date of deposit upto 75% of the deposit amount subject to the other terms and conditions framed by HDFC. Interest on such loans will be 2% above the deposit rate.

*This facility is not available for Easyway Savings and deposits from minors.

Nomination Facility:
Individual depositors, singly or jointly, can nominate under this facility. In case the deposit is placed in the name of a minor the nomination can be made only by a person lawfully entitled to act on behalf of the minor. Power of attorney holder or any person acting in representative capacity as holder of an office or otherwise cannot nominate. The nominee shall have the right to receive the amount due in respect of deposit on death of all the depositors and payment by HDFC to the nominee shall constitute full discharge to HDFC of its liability in respect of the deposit.

Demand Draft Facility:
Outstation depositors can send demand drafts after deducting demand draft charges. This facility is not available to investors under Easyway Savings. This facility is applicable for places where HDFC does not have an office.

High Service Standards:
Depositors are offered across the counter services for new deposits, renewals, repayments and loan against deposit facility. Further, all enquiries through email, post, telephone and in person are attended to immediately.

Electronic Clearing Service: 
This facility is provided to depsoitor's in select centres whereby the interest will be credited directly to the depositors' bank account. The depositor would receive a credit entry "ECS HDFC" in his passbook/bank statement. Intimation of interest credited would be sent on an annual basis. Your bank will not levy any charge for this facility as per present RBI guidelines.

Presently this facility is being offered by us at the following centers - 
ECS Centres : Ahmedabad, Bangalore, Bhubaneshwar, Kolkata, Chandigarh, Chennai, Hyderabad, Jaipur, Kanpur, Lucknow, Mumbai, Nagpur, Nasik, New Delhi, Pune and Vadodara.