Sec Form 3 Filing - Jagdishan Sashidhar @ HDFC BANK LTD - 2026-03-17

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Jagdishan Sashidhar 2. Issuer Name and Ticker or Trading Symbol HDFC BANK LTD [ HDB] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) MD & CEO (Last) (First) (Middle) HDFC BANK LIMITED, HDFC BANK HOUSE, SENAPATI BAPAT MARG, LOWER PAREL WEST 3. Date of Earliest Transaction (MM/DD/YY) 03/17/2026 (Street) MUMBAI, K7400013 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Equity Shares 3,567,800 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Employee Stock Option (Right to Buy) $ 6.8 ( 1 ) 10/24/2024 10/24/2026 Equity Shares 130,000 D Employee Stock Option (Right to Buy) $ 7.48 ( 1 ) 07/22/2026 07/22/2028 Equity Shares 48,754 D Employee Stock Option (Right to Buy) $ 8.71 ( 1 ) 03/03/2024 03/03/2028 Equity Shares 103,600 D Employee Stock Option (Right to Buy) $ 8.71 ( 1 ) 03/03/2025 03/03/2029 Equity Shares 103,600 D Employee Stock Option (Right to Buy) $ 8.71 ( 1 ) 03/03/2026 03/03/2030 Equity Shares 103,600 D Employee Stock Option (Right to Buy) $ 8.71 ( 1 ) 03/03/2027 03/03/2031 Equity Shares 103,818 D Employee Stock Option (Right to Buy) $ 8.13 ( 1 ) 01/23/2025 01/23/2029 Equity Shares 104,600 D Employee Stock Option (Right to Buy) $ 8.13 ( 1 ) 01/23/2026 01/23/2030 Equity Shares 104,600 D Employee Stock Option (Right to Buy) $ 8.13 ( 1 ) 01/23/2027 01/23/2031 Equity Shares 104,600 D Employee Stock Option (Right to Buy) $ 8.13 ( 1 ) 01/23/2028 01/23/2032 Equity Shares 104,462 D Employee Stock Option (Right to Buy) $ 9.23 ( 1 ) 01/30/2026 01/30/2030 Equity Shares 106,000 D Employee Stock Option (Right to Buy) $ 9.23 ( 1 ) 01/30/2027 01/30/2031 Equity Shares 106,000 D Employee Stock Option (Right to Buy) $ 9.23 ( 1 ) 01/30/2028 01/30/2032 Equity Shares 106,000 D Employee Stock Option (Right to Buy) $ 9.23 ( 1 ) 01/30/2029 01/30/2033 Equity Shares 106,104 D Employee Stock Option (Right to Buy) $ 10.21 ( 1 ) 02/03/2027 02/03/2031 Equity Shares 107,100 D Employee Stock Option (Right to Buy) $ 10.21 ( 1 ) 02/03/2028 02/03/2032 Equity Shares 107,100 D Employee Stock Option (Right to Buy) $ 10.21 ( 1 ) 02/03/2029 02/03/2033 Equity Shares 107,100 D Employee Stock Option (Right to Buy) $ 10.21 ( 1 ) 02/03/2030 02/03/2034 Equity Shares 107,105 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Jagdishan Sashidhar HDFC BANK LIMITED, HDFC BANK HOUSE SENAPATI BAPAT MARG, LOWER PAREL WEST MUMBAI, K7400013 X MD & CEO Signatures /s/ Dhanjit Thaivalappil, Attorney in fact for Jagdishan Sashidhar 03/17/2026 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Conversion rate as on March 16, 2026 applied : 1Rs = 0.011 USD

Remarks: Exhibit 24 - Power of Attorney Managing Director and Chief Executive Officer

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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