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HDFC BankRecurring deposit

HDFC Bank NRE Recurring Deposit

HDFC Bank’s NRE recurring deposit combines fixed monthly instalments with NRE tax/repatriation treatment and rates stated to be at par with NRE fixed deposits.

First-party evidencePublished researchReviewed September 10, 2026Active
Open primary bank source ↗Bank dossierCompare alternatives
Current rate evidenceThe reviewed NRE RD uses rates at par with HDFC NRE Fixed Deposits; current comparable anchors therefore follow the bank’s NRE FD schedule rather than a separate promotional maximum.
Currency / amount / tenureMonthly instalments start at ₹1,000 in ₹100 multiples; tenure is 1 year and then multiples of 3 months up to 10 years.
Premature withdrawal / liquidityThere is a one-year lock-in for interest: if closed within one year, only principal is returned and no interest is paid. HDFC also publishes a five-day grace period after the instalment due date without penalty.
Deposit-state / funding ruleThe NRE account state controls funding, tax and repatriation; the contracted RD rate follows the applicable NRE FD rate on booking.
Research processPublished by littleden.blog

Structured from first-party bank/issuer evidence. This page does not claim personal hands-on product use unless that experience is explicitly stated.

3 first-party sources
Last checkedSeptember 10, 2026

Recorded source review date, not a claim that the product changed that day.

Maintenance stateWithin scheduled review window

Target recheck: October 10, 2026.

Critical decision facts

Rate, tenure, liquidity and booking conditions belong together.

A headline deposit rate is incomplete without the dated schedule, tenure band, customer category and premature-withdrawal rules.

01 · Current rate evidenceThe reviewed NRE RD uses rates at par with HDFC NRE Fixed Deposits; current comparable anchors therefore follow the bank’s NRE FD schedule rather than a separate promotional maximum.
02 · Currency / amount / tenureMonthly instalments start at ₹1,000 in ₹100 multiples; tenure is 1 year and then multiples of 3 months up to 10 years.
03 · Premature withdrawal / liquidityThere is a one-year lock-in for interest: if closed within one year, only principal is returned and no interest is paid. HDFC also publishes a five-day grace period after the instalment due date without penalty.
04 · Deposit-state / funding ruleThe NRE account state controls funding, tax and repatriation; the contracted RD rate follows the applicable NRE FD rate on booking.
Exact product-type evidence

Recurring deposit evidence stays in its own structure.

Specialist fields below remain source-scoped. Missing values stay missing; one banking product type is never used to manufacture facts for another.

Comparable tenure points

Rate anchors you can compare without reading a headline maximum.

Only tenure points directly represented by the reviewed bank schedule are stored. We do not interpolate a rate between published bands.

Research matrix: Tenure; General; Eligible senior
TenureGeneralEligible senior
1 year6.25%—
15 months6.35%—
18 months6.45%—
2 years6.45%—
3 years6.45%—
4 years6.50%—
5 years6.40%—

Rate basis: HDFC NRE RD product states rates are at par with NRE Fixed Deposits; current NRE callable FD schedule is used for comparable anchors. · Effective/reference date: August 19, 2026

Rate history

Dated deposit-rate snapshots.

Effective-date evidence is preserved instead of silently replacing an older rate when a bank reprices new deposits.

Observed September 12, 2026
Rates at par with HDFC NRE FD; current NRE tenure anchors preserved for like-for-like comparison.

HDFC NRE RD product states rates are at par with NRE Fixed Deposits; current NRE callable FD schedule is used for comparable anchors.

Browse deposit rate history
Maintained terms

Fees, balances, benefits, limits and eligibility without a single-score shortcut.

These six fields are the cross-product layer. The specialist section above controls whenever a type-specific field is more precise.

Current rate evidenceThe reviewed NRE RD uses rates at par with HDFC NRE Fixed Deposits; current comparable anchors therefore follow the bank’s NRE FD schedule rather than a separate promotional maximum.
Currency / amount / tenureMonthly instalments start at ₹1,000 in ₹100 multiples; tenure is 1 year and then multiples of 3 months up to 10 years.
Tax / repatriation / payoutInterest is compounded quarterly; principal and interest are tax-exempt in India under current NRE treatment and fully repatriable.
Premature withdrawal / liquidityThere is a one-year lock-in for interest: if closed within one year, only principal is returned and no interest is paid. HDFC also publishes a five-day grace period after the instalment due date without penalty.
NRI / PIO / OCI eligibilityEligible NRI customers under HDFC Bank NRE/KYC rules.
Deposit-state / funding ruleThe NRE account state controls funding, tax and repatriation; the contracted RD rate follows the applicable NRE FD rate on booking.
Fit & cautions

Who this record appears designed for—and what can break the fit.

Best-fit wording summarizes the published proposition. It is not individualized financial advice or an approval prediction.

Potential fit

NRIs who want systematic monthly saving from eligible NRE funds and can keep the deposit for at least one year.

Verify before relying
  • Closing within one year earns no interest.
  • The monthly instalment is fixed at booking.
  • Exchange-rate risk remains when funds are converted between foreign currency and INR.
Maintained comparisons

Compare this product only where the pair is deliberately maintained.

Both sides keep independent review dates, exact conditions and first-party evidence. No winner score is generated.

Browse banking comparisons
First-party source ledger

Complete evidence set for this maintained profile.

Each source remains independent. A product page, tariff, KFS/MITC, rate schedule or programme document is not silently treated as interchangeable evidence.

01
Primary product / service sourcewww.hdfc.bank.in
Open source ↗02
Additional first-party evidencewww.hdfc.bank.in
Open source ↗03
Additional first-party evidencewww.hdfc.bank.in
Open source ↗
Current-use rule

When the bank changes a term after the recorded review, the current agreement, tariff, KFS/MITC or effective rate table controls.

Research boundary

This page organizes dated public evidence; it does not guarantee eligibility, availability, approval, service quality or future pricing.