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Fixed deposit comparison

HDFC Bank NRE Fixed Deposit vs HDFC Bank NRO Fixed Deposit

Compare HDFC Bank NRE Fixed Deposit and HDFC Bank NRO Fixed Deposit using the controlling cost, balance, rate, tenure, liquidity, limits, eligibility and current first-party bank evidence for this product type.

Fixed deposit comparison

HDFC Bank NRE Fixed Deposit vs HDFC Bank NRO Fixed Deposit

Compare the two source-backed records without collapsing unlike conditions into a winner score.

Latest underlying reviewSeptember 10, 2026
HDFC BankHDFC Bank NRE Fixed Deposit

NRIs/PIOs who want to convert eligible overseas funds into an INR term deposit while preserving full repatriability and NRE tax treatment.

Cost / pricing
For deposits below ₹3 crore, the reviewed Domestic/NRO/NRE schedule effective 19 August 2026 pays 6.25% at 1 year, 6.45% around the 18-month-to-3-year bands and 6.50% in the 3-year-1-day to under-4-year-7-month band. Senior-citizen additions do not apply to NRIs.
Reviewed
September 10, 2026
Evidence
3 bank sources
Open product research
HDFC BankHDFC Bank NRO Fixed Deposit

NRIs/PIOs who need to term-deposit Indian-source rupee balances and can work within NRO tax and outward-remittance rules.

Cost / pricing
The same reviewed below-₹3-crore Domestic/NRO/NRE schedule effective 19 August 2026 applies to ordinary callable NRO deposits; senior-citizen additions do not apply to NRIs.
Reviewed
September 10, 2026
Evidence
2 bank sources
Open product research
Compare like with likeThese records share the same product type.
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bankingreference.info · Comparison research sheet

HDFC Bank NRE Fixed Deposit vs HDFC Bank NRO Fixed Deposit

Prepared 14 Sep 2026 · Source page: https://bankingreference.info/compare-banking/hdfc-nre-fixed-deposit-vs-hdfc-nro-fixed-deposit/

General product research only. Recheck the listed first-party sources before acting because product terms can change after the recorded review dates.

Decision checkpoints

Answer the questions that can actually change the choice.

Each checkpoint reproduces the recorded product fields instead of assigning a winner. Read the condition, scope and missing-data state before treating a difference as useful to you.

01Are you comparing the same customer, amount and tenure?Start with the eligible customer or relationship and any balance, funding or tenure requirement.

HDFC Bank NRE Fixed Deposit

NRI / PIO / OCI eligibility
Eligible Non-Resident Indians and Persons of Indian Origin under HDFC Bank NRE deposit/KYC rules.
Currency / amount / tenure
Minimum tenure is 1 year and maximum tenure is 10 years; applicable amount band and the live booking rate control the contracted return.

HDFC Bank NRO Fixed Deposit

NRI / PIO / OCI eligibility
Eligible NRIs and PIOs under HDFC Bank NRO deposit/KYC rules.
Currency / amount / tenure
Minimum initial deposit is ₹25,000, with add-on deposits in multiples of ₹10,000; tenure can run from 7 days to 10 years.
02Which dated rate schedule applies to that deposit?Match the customer category, currency, amount, tenure and effective date before comparing quoted rates. No return is calculated here.

HDFC Bank NRE Fixed Deposit

Current rate evidence
For deposits below ₹3 crore, the reviewed Domestic/NRO/NRE schedule effective 19 August 2026 pays 6.25% at 1 year, 6.45% around the 18-month-to-3-year bands and 6.50% in the 3-year-1-day to under-4-year-7-month band. Senior-citizen additions do not apply to NRIs.

HDFC Bank NRO Fixed Deposit

Current rate evidence
The same reviewed below-₹3-crore Domestic/NRO/NRE schedule effective 19 August 2026 applies to ordinary callable NRO deposits; senior-citizen additions do not apply to NRIs.
03What happens if you need the money before maturity?Read the full liquidity and relationship conditions, including any recorded early-exit or payment restrictions.

HDFC Bank NRE Fixed Deposit

Premature withdrawal / liquidity
No interest is paid if the NRE deposit is broken before completing 1 year. Premature-closure pricing after the minimum tenure follows the bank’s current term-deposit rules.
Deposit-state / funding rule
The NRE account state determines permissible funding, tax treatment and repatriability; the rate applicable when HDFC receives the funds controls the booking.

HDFC Bank NRO Fixed Deposit

Premature withdrawal / liquidity
Interest is taxable/TDS applies under current law. Premature closure after more than 7 days pays the booked-date rate for the actual period less 1 percentage point under the reviewed product terms; NRO outward remittance remains subject to the applicable regulatory framework.
Deposit-state / funding rule
NRO status is tied to Indian-source income and conditional repatriation; use the live tax/documentation rules rather than treating the NRE and NRO deposit as the same product.
Other maintained comparisons for HDFC Bank NRE Fixed DepositOther maintained comparisons for HDFC Bank NRO Fixed Deposit
Exact terms

Put the controlling banking fields side by side.

The stored field wording is preserved. Product-type-specific evidence follows this generic comparison where deeper structured research exists.

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Banking product terms side by side for HDFC Bank NRE Fixed Deposit and HDFC Bank NRO Fixed Deposit
Decision factorHDFC Bank NRE Fixed DepositHDFC Bank NRO Fixed Deposit
Current rate evidenceFor deposits below ₹3 crore, the reviewed Domestic/NRO/NRE schedule effective 19 August 2026 pays 6.25% at 1 year, 6.45% around the 18-month-to-3-year bands and 6.50% in the 3-year-1-day to under-4-year-7-month band. Senior-citizen additions do not apply to NRIs.The same reviewed below-₹3-crore Domestic/NRO/NRE schedule effective 19 August 2026 applies to ordinary callable NRO deposits; senior-citizen additions do not apply to NRIs.
Currency / amount / tenureMinimum tenure is 1 year and maximum tenure is 10 years; applicable amount band and the live booking rate control the contracted return.Minimum initial deposit is ₹25,000, with add-on deposits in multiples of ₹10,000; tenure can run from 7 days to 10 years.
Tax / repatriation / payoutPrincipal and interest are fully repatriable; interest is tax-exempt in India under current NRE treatment; joint holding and overdraft/loan facilities are available subject to product rules.Monthly, quarterly or maturity payout options, joint holding, sweep-in and overdraft up to 90% on eligible NRO CASA-linked deposits under current terms.
Premature withdrawal / liquidityNo interest is paid if the NRE deposit is broken before completing 1 year. Premature-closure pricing after the minimum tenure follows the bank’s current term-deposit rules.Interest is taxable/TDS applies under current law. Premature closure after more than 7 days pays the booked-date rate for the actual period less 1 percentage point under the reviewed product terms; NRO outward remittance remains subject to the applicable regulatory framework.
NRI / PIO / OCI eligibilityEligible Non-Resident Indians and Persons of Indian Origin under HDFC Bank NRE deposit/KYC rules.Eligible NRIs and PIOs under HDFC Bank NRO deposit/KYC rules.
Deposit-state / funding ruleThe NRE account state determines permissible funding, tax treatment and repatriability; the rate applicable when HDFC receives the funds controls the booking.NRO status is tied to Indian-source income and conditional repatriation; use the live tax/documentation rules rather than treating the NRE and NRO deposit as the same product.
Tenure-by-tenure rates

Compare only the tenure anchors both banks actually publish.

These are nominal annual rates from the reviewed first-party schedules. Effective dates can differ, and no universal winner is inferred from one tenure.

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Shared deposit tenure rates for HDFC Bank NRE Fixed Deposit and HDFC Bank NRO Fixed Deposit
TenureHDFC Bank NRE Fixed DepositHDFC Bank NRO Fixed Deposit
1 year6.25%6.25%
15 months6.35%6.35%
18 months6.45%6.45%
2 years6.45%6.45%
3 years6.45%6.45%
4 years6.50%6.50%
5 years6.40%6.40%

HDFC Bank NRE Fixed Deposit

Schedule reference: August 19, 2026. HDFC Domestic/NRO/NRE callable fixed-deposit schedule below ₹3 crore effective 19 August 2026; NRI senior additions excluded.

HDFC Bank NRO Fixed Deposit

Schedule reference: August 19, 2026. HDFC Domestic/NRO/NRE callable fixed-deposit schedule below ₹3 crore effective 19 August 2026; NRI senior additions excluded.

Wrong-fit risks

Keep each product’s cautions beside the product.

A useful comparison shows what can make either option unsuitable instead of averaging those conditions into a score.

HDFC Bank

HDFC Bank NRE Fixed Deposit

  • Do not apply the resident senior-citizen rate column to an NRE deposit.
  • Breaking the deposit before one year means no interest.
  • The INR return does not remove exchange-rate risk when money is converted into or out of rupees.
HDFC Bank

HDFC Bank NRO Fixed Deposit

  • NRO interest is taxable in India; treaty/documentation may change withholding.
  • The minimum initial deposit is separate from the rate amount band.
  • A quoted NRE tax/repatriation benefit should never be copied onto this NRO product.
Research tools

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These tools help narrow or inspect the records. They do not replace bank eligibility, live pricing or account-specific controls.

Independent source state

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One side's source depth or freshness never fills a gap in the other record.

MethodologyResearch statusMore banking comparisons

First-party source appendix

These are the exact source URLs already attached to the two research records. Re-open the controlling documents before relying on a fee, rate, limit, eligibility rule or benefit.

HDFC Bank NRE Fixed Deposit

Reviewed September 10, 2026 · 3 attached first-party sources

  1. Issuer product pagehttps://www.hdfc.bank.in/nri-banking/fixed-deposit-rupee-account/nre-fixed-deposit
  2. Issuer product pagehttps://www.hdfc.bank.in/nri-banking/fixed-deposit-rupee-account/nre-fixed-deposit/rates
  3. Issuer product pagehttps://www.hdfc.bank.in/interest-rates

HDFC Bank NRO Fixed Deposit

Reviewed September 10, 2026 · 2 attached first-party sources

  1. Issuer product pagehttps://www.hdfc.bank.in/nri-banking/fixed-deposit-rupee-account/nro-fixed-deposit
  2. Issuer product pagehttps://www.hdfc.bank.in/interest-rates