HDFC Bank’s Flexi Fixed Deposit (Flexi FD) has been popularly known as the Smart Deposit scheme, a remarkable savings apparatus which provides the best of both worlds- the liquidity of a savings account and the high interest rates of a fixed deposit. The scheme in 2025 attracts investors with interest rates up to 8%, thus, being one of the best options for the short- and medium-term investments to come.
What Is HDFC Smart Deposit (Flexi FD)?
The Smart Deposit Scheme is connected to your savings account as a sweep-in FD. As soon as the balance in your account goes above the predetermined limit, the extra amount goes automatically to a fixed deposit. This way, you earn more interest but still have access to your funds.
Among the major features are:
- Transfer of funds automatically (surplus funds)
- Withdrawal of funds in multiples of ₹1
- Free of penalty in case of premature withdrawal (provided within a limit)
- Interest rates at par with regular FDs
The Latest Interest Rates – November 2025
HDFC Bank is offering good rates for Flexi FDs, especially for a few chosen tenures:
| Tenure | Interest Rate (General) | Interest Rate (Senior Citizens) |
|---|---|---|
| 12–15 months | 7.25% | 7.75% |
| 18–21 months | 7.50% | 8.00% |
| 24–36 months | 7.10% | 7.60% |
Benefits of Smart Deposit Scheme
- High Returns: Up to 8% for elderly people
- Liquidity: Retrieve any amount less than the entire FD
- Low Minimum Investment: ₹5,000 is the least you can invest.
- Convenience: The auto-sweep feature takes care of surplus funds brilliantly.
- Tax Benefits: 5-year deposits are the only Section 80C under which it is available.
This scheme is perfect for salaried, freelancers, or retired individuals who wish to earn more keeping the liquidity open.
Final Thoughts
By 2025, HDFC Smart Deposit scheme will be a smart option for growing your savings with flexibility and high returns. The maximum interest rate of 8% makes it a perfect substitute for conventional savings accounts. This Flexi FD will assist you in your financial agility by letting you earn more whether saving towards a short-term goal or building an emergency fund.