HSBC Interest Rates: FD 6.40%, RD 6.40%, Savings 2.50%

HSBC FD rates

1 year4.00%Senior 4.50%3 years5.35%Senior 5.85%

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What will my FD earn at HSBC?

Deposit amount (₹)

Term

Customer

Estimated value after 1 year · before tax ₹5,20,302 4.00% p.a. · ₹20,302 interest · quarterly compounding

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Plan your recurring deposit at HSBC

Monthly deposit (₹)

Term

Customer

—

Before opening an RD

Estimates assume on-time monthly installments and quarterly compounding. Confirm the term, minimum installment, late payment rules, and early closure terms with the bank.

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Overview

HSBC India (HSBC) is a foreign bank operating in India, headquartered in Mumbai, established in 1853. Its headline 1-year FD rate of 4.00% is 1.69% below the foreign bank average of 5.69%, ranking #1027 of 1033 banks on RateScan.in.

Headquarters

Mumbai

Established

1853

Monitored since

20 Sept 2026

Ownership

Indian branch operations of The Hongkong and Shanghai Banking Corporation Ltd (HSBC Holdings plc, UK); India operations since 1853

Operates in

Andhra Pradesh, Chandigarh, Delhi, Gujarat + 10 more states

Financial health

CRAR

20.40%

Capital adequacy

Net NPA

0.20%

Bad loans (net)

Health indicators sourced from official 2025 disclosures. CRAR ≥ 16% = strong · Net NPA < 1% = healthy · Verify before investing.

Rates as of 13 Sept 2021, verified from official source. Scheduled foreign bank (RBI-licensed, operating in India): Indian operations' deposits insured by DICGC up to ₹5,00,000.

RBI record

No RBI press release since 1 Jan 2024 names HSBC India. We read RBI's press releases every week; last checked on 11 Nov 2026.

This record covers RBI press releases only. Other actions, such as those of a state's Registrar of Co-operative Societies, are not included.

Branches

37 branches in 22 districts

Most branches: Mumbai 12, Delhi 3, Bengaluru Urban 2

From RBI's IFSC directory (updated 1 Nov 2026). Counts can include recently merged or closed branches; check the bank's branch locator before visiting.

HSBC rates

Every rate, tenure by tenure, and what your money grows to.

Fixed Deposit6.40%Senior citizens 6.90% · 37 months to less than 48 monthsSee rates →Recurring Deposit6.40%37 months to less than 48 monthsSee rates →Savings Account2.50%See rates →NRE Fixed Deposit6.40%37 months to less than 48 monthsSee rates →FCNR(B) Deposit4.00%1 year to less than 2 years · GBPSee rates →

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HSBC Fixed Deposit rate changes

Changes to HSBC's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 20 Sept 2026. Each date is when RateScan.in first recorded the new rate; the bank's own effective date is in the rate table above.

10 Nov 2026

▲ 2 raised+0.95 pp

37 months to less than 48 months · General5.45% → 6.40% 0.95 pp
37 months to less than 48 months · Senior5.95% → 6.90% 0.95 pp

Bank's rate page ↗

See all HSBC rate changes →

Credit rating

What independent credit rating agencies say about HSBC India. Every rating links to the document it comes from, so you can check it yourself.

Note: Earlier versions of this page showed AAA without a source. Our search of rating-agency publications and stock-exchange filings found no published rating for HSBC's Indian branches (checked 28 Oct 2026). That does not prove none exists, so check the agency websites below.

How to read these ratings

Scale: AAA is the highest long-term grade (lowest credit risk), then AA (very low risk), A (low risk) and BBB (moderate risk, the lowest investment grade). A + or − moves a grade up or down a notch. Short-term ratings such as A1+ cover obligations of up to a year.
Outlook: Stable, Positive or Negative is the agency's view of where the rating is likely to go over the next one to two years. Rating watch means the agency is reviewing the rating after a specific event, such as a change of owner.
Instrument: a rating belongs to a specific instrument, not to the whole bank. Tier I (AT1) and Tier II bonds can be written down if the RBI declares a bank non-viable, so they are usually rated no higher than the bank's deposits.
Headline grade: we use the rating on fixed deposits where an agency gives one; otherwise the issuer or Tier II rating. We take each agency's latest rating and show the lowest, so the headline is never more generous than any agency's latest view.
A rating is an opinion about the ability to repay on time. It is not a guarantee or a recommendation. Whatever the rating, deposits in a bank are insured by DICGC up to ₹5 lakh per depositor per bank (principal and interest together).

Sources: we list a rating only when we can point to the document that states it: the agency's own rating rationale, the bank's Regulation 30 filing on the NSE or BSE, a rating letter, or the bank's own rating page. A weekly automated check re-opens each linked document to confirm it still shows the grade and scans stock-exchange announcements for new rating filings. Last checked: 9 Nov 2026.

Check it yourself: CRISIL · ICRA · CARE · India Ratings · Infomerics

Ratings change. Confirm the current rating with the agency before you invest. This is information, not investment advice.

Good to know

Deposits with HSBC India are insured by DICGC up to ₹5,00,000 per depositor per bank (principal and interest combined, across all its branches). Anything above that is not insured.
HSBC is a foreign bank operating in India, regulated by the RBI.
Senior citizens (60+) earn up to 0.50% p.a. more than general customers at HSBC, depending on the tenure.
HSBC's FD table includes 6 special schemes; check eligibility and end dates.

Informational only. Always confirm the current rate on the official HSBC website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.

HSBC India interest rates · November 2026