Bank FD Comparison Tool
HDFC Bank vs Shriram Finance Fixed Deposit Comparison 2026
Compare Fixed Deposit interest rates, maturity amounts, and features between HDFC Bank (Private Sector) and Shriram Finance (Private Sector).
HDFC
Private Sector
VS
Shriram Finance
Private Sector
HDFC: Min ₹5,000
Shriram Finance: Min ₹1,000
DICGC Insured up to ₹5 Lakhs
Compare Your FD Returns
Adjust the parameters below to see how returns compare between the two banks
₹
Five Lakhs rupees
₹5,000₹20,00,000
years
1 year10 years
Interest Rate Comparison
Interest Rates by Tenure
General rates across different tenures
Current selection: 3 years (1095 days) -HDFC: % |Shriram Finance: %
Side-by-Side Rate Comparison
Direct comparison of general rates
HDFC
Shriram Finance
Highlighted = Your selected tenure
Feature Comparison
Features | HDFC Private Sector | Shriram Finance Private Sector |
|---|---|---|
Minimum FD Amount | ₹5,000 | ₹1,000 |
Current Interest Rate(Selected Tenure) | % | % |
Premature Withdrawal Penalty | 1% | 1% |
Official Rate Source | View Official Rates | View Official Rates |
HDFC Bank
Private Sector Bank
Key Advantages:
Digital banking leader
Quick loan processing
Premium customer service
Mobile banking excellence
Wide ATM network
Shriram Finance
Private Sector Bank
Key Advantages:
NBFC with competitive FD rates
Senior citizens get +0.50% additional interest
Women depositors get +0.05% additional interest
Renewal bonus: +0.15% for matured deposits
Digital FD booking available
Special scheme: 15 months (Digital Only)
Rates effective from 05.08.2025
Important: Fixed Deposit Safety & Insurance Coverage
₹5 Lakh Insurance Limit
The Deposit Insurance and Credit Guarantee Corporation (DICGC) provides insurance coverage of up to ₹5 lakhs per depositor per bank. This means if you deposit more than ₹5 lakhs in a single bank, only ₹5 lakhs is guaranteed by the government.
⚠️ Recommendation:
Never deposit more than ₹5 lakhs in a single bank. If you have larger amounts, distribute them across multiple banks to ensure full insurance coverage.
Smart Distribution Strategy
For ₹10 lakhs: Split between HDFC (₹5L) + Shriram Finance (₹5L)
For ₹15 lakhs: Add a third bank to the mix
💡 Pro Tip:
You can also open FDs in different family members' names in the same bank to get additional ₹5 lakh coverage for each account holder.
Key Insights & Recommendations
Choose HDFC If:
- •Minimum amount: ₹5,000
- •Private Sector banking preference
- •Digital banking leader
- •Quick loan processing
- •Premium customer service
Choose Shriram Finance If:
- •Minimum amount: ₹1,000
- •Private Sector banking preference
- •NBFC with competitive FD rates
- •Senior citizens get +0.50% additional interest
- •Women depositors get +0.05% additional interest
Best Strategy:
- •Split large amounts across both banks
- •Keep ≤₹5L per bank for insurance
- •Compare rates before investing
- •Consider branch convenience
- •Review rates periodically
Explore more FD comparisons
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