HDFC Bank Credit Card Against Fixed Deposit

Charge

• Security/Collateral: Credit card is issued with a lien marked against the Fixed Deposit held by the customer.
• The credit limit shall be as per the applicable norms decided by the Bank.
• If Credit Card dues are not repaid, the issuer deducts the amount owed (plus interest) from the FD pledged as collateral.

Verified · Credit Card Policy – alternate hdfc.bank.in copy (covers FD-based cards) · 2026-08-01 · source

Interest-free period

• Grace period: You can use the Credit Card for purchases and pay it off within a specified period without incurring interest, as long as the balance is paid in full by the due date.
• Interest free credit period up to 55 days.

Verified · Credit Card Against Fixed Deposit product page · 2026-08-01 · source

Insurance

• Card members are covered for lost card liability: once a card member reports loss of card to HDFC Bank within 48 hours, the liability for any subsequent transaction on that card is not on the card member.
• Lost Card liability is applicable for all card variants.

Verified · Policy for Issuance and Conduct of Credit Cards (covers FD-based cards) · 2026-08-01 · source

Official terms

https://www.hdfc.bank.in/credit-cards/credit-card-against-fd.

Verified · Credit Card Against Fixed Deposit product page · 2026-08-01 · source