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IDFC First BankFixed Deposit

2.75% - 4.20%
Interest rates
3 months - 10 years
Time Period
₹10,000 - no limit
Min. - Max amount
QUARTERLY
Compounding

About IDFC First Bank

IDFC First Bank is one of the most promising financial institutions emerging in India, with its headquarters in Mumbai. The banking institution received its Universal Banking Licence from the RBI in 2015 and is popular for its corporate and commercial banking services.

Notably, a fixed deposit scheme is among the most popular financial products extended by the bank. Typically, it’s the IDFC Bank FD rates and other user-centric features that work in favour of the deposit scheme and its holders. On that note, the following is an elaboration of the prevailing interest and other noteworthy components of this savings instrument.

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Started On2015
Head QuartersMumbai
CRISIL RatingNA
CEOV. Vaidyanathan
Listed on exchange asIDFC Bank Ltd.
ICRA RatingNA

Latest IDFC First Bank Interest Rates

TenureRegular customersSenior citizens
1
2

Features & Benefits of IDFC First Bank

  • The minimum amount to book an FD with IDFC First Bank FD is Rs. 10,000 to up to No Limit.
  • The tenure ranges between 7 days to 500 days.
  • Interest Rate Ranges from 2.75% p.a. to 6.00% p.a.
  • Senior Citizens can enjoy slightly increase FD Rates than regular citizens which is 2.75% p.a to 6.50% p.a.
  • As per the latest updated rates, IDFC First Bank’s provides the highest interest rate on FD. An interest rate of 6.00% is offered for a tenure of 500 days.
  • IDFC First Bank deposits are secured under the Deposit Insurance Scheme of RBI under which up to ₹ 5 lakh of all deposits of deposit holders are insured by DICGC.
  • IDFC First Bank provides the facility to avail loan against FD to help its depositors meet their sudden requirements without breaking the FD.
  • Auto- Renewal Facility is available
  • Nomination Facility is available

Types of IDFC First Bank Schemes

Regular Fixed Deposits
IDFC Bank Tax Saver Fixed Deposit Account

Term-wise interest rates

Short-term Deposits
Medium-term Deposits
Long-term Deposits

Comparison of FD Rates

NameTenureInterest rate
1
2
3
4
5

FAQs

What is the maximum fixed deposit interest rate I can earn for IDFC First Bank FD?

Are senior citizens FD eligible to earn a higher interest rate?

What is the minimum amount requires to open a Fixed Deposit with IDFC First Bank?

When did IDFC First Bank last updated their FD rates in 2021?

Can I change the tenure of my existing fixed deposit account?

Calculate IDFC First Bank FD Interest
Investment Amount
₹25,000.00
Time Period
9 Months
1 Year
2 Years
3 Years
Maturity Amount
IDFC First Bank
@4.15% p.a
Get higher interest rates
online upto 0%
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