Short-term investments are becoming increasingly popular among those who prefer quick returns without locking their money for years. One such attractive option in 2025 is the HDFC Bank 117-Day Fixed Deposit (FD) scheme. With a maturity period of less than four months, this plan is designed for investors who want both liquidity and assured income. Let’s explore how much you can earn and why this short-term FD could be a smart choice.
What Makes the 117-Day FD Special?
Unlike traditional one-year or three-year deposits, HDFC’s 117-day FD is crafted for individuals who want to grow their idle funds quickly while keeping them accessible in the near term. This scheme offers higher interest than a regular savings account and provides guaranteed returns within just under four months.
Current FD Rates in 2025 for 117 Days
HDFC Bank has been offering competitive rates in 2025 to attract depositors. For the 117-day FD:
- General Citizens: Around 7.10% p.a.
- Senior Citizens: Around 7.60% p.a.
These short-term rates are among the best in the private banking sector, especially for those seeking safe and quick growth.
Earnings on ₹1.89 Lakh Investment in 117 Days
Suppose you invest ₹1,89,000 in this FD. Here’s how much you would approximately earn by the end of 117 days:
| Category | Principal (₹) | Interest Rate (p.a.) | Tenure (117 Days) | Maturity Amount (₹) | Net Interest Earned (₹) |
|---|---|---|---|---|---|
| General Citizens | 1,89,000 | 7.10% | 117 days | 1,92,409 | 3,409 |
| Senior Citizens | 1,89,000 | 7.60% | 117 days | 1,92,633 | 3,633 |
Note: The actual maturity amount may vary slightly depending on compounding frequency and exact bank calculations.
Liquidity Advantage
One of the biggest benefits of this scheme is its short duration. Unlike long-term deposits where funds remain locked, the 117-day FD allows investors to withdraw and reinvest quickly. For those who may need money within a few months, it ensures safety along with better earnings than keeping funds idle in a savings account.
Tax Considerations
Interest earned on this FD is fully taxable under the Income Tax Act. If the total annual interest across all FDs exceeds ₹40,000 (₹50,000 for senior citizens), HDFC Bank deducts TDS at 10%. Investors should plan accordingly if they fall in higher tax brackets.
Who Should Invest?
This FD is well-suited for individuals with short-term financial goals, senior citizens seeking slightly higher returns, and professionals who prefer to keep their funds liquid yet productive.
Final Word
HDFC’s 117-Day FD scheme offers an excellent opportunity to turn a short investment horizon into assured growth. With nearly ₹3,400 earnings for regular investors and about ₹3,600 for seniors, it is a smart and safe parking option for surplus funds.