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Home Personal Finance IDFC First Bank increased interest on FD, giving 8.40% interest, know details

IDFC First Bank increased interest on FD, giving 8.40% interest, know details

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IDFC First Bank increased interest on FD, giving 8.40% interest, know details

IDFC FD Rates: IDFC First Bank has given a gift to crores of customers. IDFC First Bank has increased its interest rates on fixed deposits. It has revised it. Private sector bank IDFC First is offering 3 to 7.75 percent annual interest on FD to its customers.

IDFC FD Rates: IDFC First Bank has given a gift to crores of customers. IDFC First Bank has increased its interest rates on fixed deposits. It has revised it. Private sector bank IDFC First is offering 3 to 7.75 percent annual interest on FD to its customers. At the same time, the bank is giving 0.50 percent more interest to senior citizens than to ordinary citizens. Senior citizens will get 3.50% to 8.40% annual interest on FD in the bank. Senior citizens are getting this interest on FD of 400 days to 500 days.

These are the interest rates

After the revised FD rates of IDFC First Bank, IDFC First Bank is offering a minimum of 3.50% and maximum of 7.90% interest on FDs less than Rs 3 crore.

FD Rates of IDFC First Bank

Period FD rates for common people FD Rates for Senior Citizens
7 – 14 days 3.00% 3.50%
15 – 29 days 3.00% 3.50%
30 – 45 days 3.00% 3.50%
46 – 90 days 4.50% 5.00%
91 – 180 days 4.50% 5.00%
181 days – and less than 1 year 5.75% 6.25%
1 year 6.50% 7.00%
1 year 1 day – 370 days 7.25% 7.75%
371 days to 399 days 7.50% 8.00%
400 days – 500 days 7.90% 8.40%
501 days – 2 years 7.25% 7.75%
2 years 1 day -3 years 6.80% 7.30%
3 years 1 day – 5 years 6.75% 7.25%
5 years 1 day – 10 years 6.50 7.00%
Tax Saver Deposits (For Domestic Deposits Only) Interest Rate (% p.a.) on FDs less than Rs.3 crore from November 26, 2024
5 years 6.75%
Green Deposit (for domestic deposits only) Interest Rate (% p.a.) on FDs less than Rs.3 crore from November 26, 2024 
725 days 7.25%

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