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private vs public sector

HDFC vs Union Bank RD

Side-by-side comparison of HDFC Bank and Union Bank of India RD schemes — rate bands, senior bonuses, compounding and end-to-end maturity on identical inputs. All figures use last-published rates as on 2025-09.

HDFC vs Union BankRD side-by-side

rates as on 2025-09
5,000
3.00
7.00
6.60
HDFCprivate
Effective rate
7% p.a.
Invested
₹1,80,000
Interest
₹20,686
Maturity
₹2,00,686
Union Bankpublic
Effective rate
6.6% p.a.
Invested
₹1,80,000
Interest
₹19,434
Maturity
₹1,99,434
// verdict
HDFC wins by ₹1,253 over the chosen tenor — a difference of 0.63% in maturity value.

HDFC RD Interest Rates

last published — 2025-09
TenorGeneral (% p.a.)Senior (% p.a.)
6 – 9 months5.756.25
9 – 12 months6.106.60
12 – 24 months6.607.10
24 – 36 months7.007.50
36 – 60 months7.007.50
60 – 120 months6.407.40
Rates shown are the last-published indicative rates from HDFC Bank as on 2025-09. Verify the current schedule on the bank's official website before booking a deposit — actual rates may change without notice.

Union Bank RD Interest Rates

last published — 2025-09
TenorGeneral (% p.a.)Senior (% p.a.)
6 – 12 months6.006.50
1 – 2 years6.807.30
2 – 3 years6.607.10
3 – 5 years6.507.00
5 – 10 years6.507.00
Rates shown are the last-published indicative rates from Union Bank of India as on 2025-09. Verify the current schedule on the bank's official website before booking a deposit — actual rates may change without notice.

// hdfc vs union bank at a glance

HDFC

Largest private sector bank in India known for digital-first FD booking and competitive callable & non-callable deposit slabs.

  • · Established 1994, HQ Mumbai
  • · RD rate band: 5.75% – 7.00%
  • · Senior bonus: 50 bps
  • · Min monthly: ₹1,000
Union Bank

Public sector bank with consistent 1-3 year rates and accessible RD windows starting from ₹100 per month.

  • · Established 1919, HQ Mumbai
  • · RD rate band: 6.00% – 6.80%
  • · Senior bonus: 50 bps
  • · Min monthly: ₹100

Both HDFC Bank and Union Bank of India are scheduled commercial banks regulated by the Reserve Bank of India, so the contract terms, KYC requirements and DICGC ₹5 lakh deposit insurance are identical. The real differentiation is in the rate card and the special-tenor product mix.

The RDcalculator above lets you tune principal, tenor, and each bank's applicable rate independently — useful when the two banks lead at different slabs (a common scenario when one runs a special-tenor offer like 444 / 555 / 700 days).

// frequently asked questions

HDFC's RD rates span 5.75%–7.00% p.a. while Union Bank spans 6.00%–6.80% (as on 2025-09). The 'better' bank depends on your exact tenor — use the calculator above to compare on the slab you actually plan to book.