HUDCO Ltd. Fixed Deposit interest rate up to 8.25% p.a.


Company Profile

Housing & Urban Development Corporation Ltd. (HUDCO) is a public sector company fully owned by Govt. of India for financing of housing and urban infrastructure activities in India. HUDCO was incorporated on April 25, 1970 under the Companies Act 1956.

The cardinal objective of HUDCO is to undertake housing and urban infrastructure development programmes in the country, provide long-term finance for construction of houses for residential purposes in urban & rural areas and finance or undertake, the setting up of the new or satellite towns and industrial enterprise for building material

Product Portfolio

HUDCO services & product portfolio can be classified into following five categories:

1] Housing.

2] Urban Infrastructure.

3] Building Technology Promotion.

4] Research and Training.

5] Consultancy.


Safe Investment,

High Returns,

Easy Liquidity

Advance Interest Warrants (For HUDCO Regular Plus)

Tax benefit under Section 80C (2) (xvi) (a) of Income-tax Act, 1961.

Tax Benefits – Trust deposits are specified investment under section 11(5) (ix) of Income Tax Act, 1961.No tax deduction at source from interest paid/credited up to Rs.5,000/- in a financial year.

Loan facility against Deposit (excluding deposits received u/s 80C).

tAA+(ind) by FITCH


Who can apply / invest?

Resident Individual / HUF / Sr. Citizen / Firm / Societies.

General Terms and Conditions

1] Minimum deposit amount is Rs. 50,000/-. Additional amount in multiple of Rs. 5,000/-.

2] Non-Cumulative Option (Regular Plus) – Interest compounded on quarterly and payable on quarterly, half yearly, yearly basis at the option of investor.

3] Cumulative Option (Multiplier Plus) – Interest compounded on quarterly and payable on maturity.

4] Interest warrants will be given in advance.

5] Nomination facility is available.

6] Additional rate of 0.25% p.a. for deposits under HUDCO Regular Plus Scheme in each rate slab received from senior citizens of 60 years & above age. Age to be supported by attested copy of a passport or birth certificate or high school/10th class certificate/PAN Card/Valid LIC Policy/Driving Licence, Voter ID Card, etc.

7] Fixed Deposit Receipt(FDR) will be dispatched directly to the depositor by registered post /courier service at the address provided in the application form within 08(eight) weeks or such extended period as may be decided by Company, from the date of DD/cheque realisation.

Important Information (Instructions)

Attach following document along with the application form: –

1] Self attested copy of PAN Card and address proof (all the applicants in case of joint application).

2] Stick Passport size photograph of sole applicant on application form.

3] Signature of all applicants on the application form.

4] At par A/c Payee Cheque / DD (payable at Pune) should be drawn in favour of “Housing & Urban Development Corporation Ltd”.

5] One cancelled cheque (for ECS).

6] Send your application form on our address.

7] The Acknowledgement copy will be sent by Email / Post.

8] Keep photocopy of application form for your record.

9] Free Home Service is available.*

For Renewal of Deposit

Send us below mentioned documents along with the Original FDR

1] Stick Rs. 1 Revenue stamp on the back side of fixed deposit receipt and across Signed by all depositors.

2] Signature of all applicants on the application form.

3] Self attested copy of PAN Card and address proof(all the applicants in case of joint application)

4] One cancelled cheque/copy of cheque (for ECS).

Interest Rates (%)

Hudco Ltd. Fixed Deposit Cumulative Scheme (Multiplier Plus)

Amount (In Rs.)
Interest Rate (%)
Maturity Amount
12 Months10,000/-7.25%10,745/-
24 Months10,000/-7.50%11,602/-
36 Months10,000/-7.75%12,589/-
48 Months10,000/-7.75%13,594/-
60 Months10,000/-8.25%15,043/-
72 Months10,000/-8.25%16,323/-
84 Months10,000/-8.25%17,711/-

Hudco Ltd. Fixed Deposit Non-Cumulative Scheme (Regular Plus-Periodic Income)

Amount (In Rs.)
Interest Rate (%)
12 Months50,000/-7.25%906/-1,829/-3,725/-
24 Months50,000/-7.50%938/-1,893/-3,857/-
36 & 48 Months50,000/-7.75%969/-1,956/-3,989/-
60, 72 & 84 Months50,000/-8.25%1,031/-2,084/-4,254/-

Profits & Dividend

Hudco Ltd. Profits & Dividend (In Lacs)

Profit Before Tax
Profit After Tax

Please take print of the Application Form on A4 paper size.

Housing & Urban Development Corporation Ltd Fixed Deposit Application Form

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