Question 1

What are the highest interest rates for HSBC Bank in 2026?

Accepted Answer

As of September 2026, HSBC Bank offers up to 5.50% p.a. on Fixed Deposits and up to 2.50% p.a. on Savings Accounts based on the balance slabs maintained.

Question 2

Is HSBC Bank safe for depositing money?

Accepted Answer

Yes, HSBC Bank is a scheduled bank regulated by the RBI. Your deposits (up to ₹5 Lakhs per depositor) are insured by the DICGC, which covers principal and interest across all account types.

Question 3

What is the minimum tenure and senior citizen benefit for HSBC Bank FDs?

Accepted Answer

The minimum tenure for a fixed deposit with HSBC Bank starts from 7 Days. Senior citizens receive an additional interest rate benefit of up to 0.50% p.a. over general citizen rates.

Question 4

How does HSBC Bank Savings Account interest rate vary?

Accepted Answer

HSBC Bank offers tiered interest rates ranging from 2.00% to 2.50% p.a. depending on the balance slabs maintained in the savings account.

Question 5

Are returns on HSBC Bank FDs and Savings Accounts taxable?

Accepted Answer

Yes, interest earned on deposits is taxable. Savings account interest is tax-free up to ₹10,000 per year (₹50,000 for senior citizens) under Section 80TTA/80TTB. FD interest is fully taxable, and TDS is deducted at 10% if interest exceeds ₹40,000 (₹50,000 for senior citizens) in a financial year.

Maturity	USD
1 to <2 years	3.25%BEST
2 to <3 years	2.75%
3 years	3.25%

TENURE	Interest Rate
365 days	4.00%
366 to 399 days	4.00%
400 days	4.25%
401 days to <18 months	5.30%
18 months to 599 days	4.30%
600 days	4.30%
601 to 699 days	5.50%BEST
700 days	4.30%
701 to 730 days	4.30%
731 days	4.30%
732 days to <36 months	5.35%
36 to <37 months	5.35%
37 to <48 months	5.45%
48 to 60 months	5.50%

HSBC Bank

Bank Overview

Fixed Deposit (FD) Interest Rates

Savings Account Interest Rates

Foreign Currency Non-Resident (FCNR-B) Deposit Rates

NRI Fixed Deposit Rates (NRE & NRO)

Frequently Asked Questions

HSBC Bank FD Calculator