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FD - Individual

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Terms & Conditions

  1. FDR creation will be done from HDFC BANK ONLY
  2. Maturity instructions – auto closure
  3. Request received till 1 p.M. Fdr will create same day, request received after 1 p.m. Will Process next day.
  4. FDR creation will be done only in working days(Monday to Friday).
  5. FDR creation request can be done from portal after 10 th day of first month of the quarter* till 20 th of last month of that quarter* only.
  6. FDR creation will be done till last date of that quarter in which FD request is received.
  7. Client can request for FDR after transferring the fund to SISL client A/c.
  8. Client can’t request for creation of FDR more than 90% of the amount available.
  9. If any of above mention criteria not matched , request will be null and void.
  10. MTM has to pay in T+1 if financial is in debit.
  11. FD will be created till maturity of last day of every quarter.