IDFC FIRST Bank offers FD interest rates of 3.50-7.75% p.a. to the general public and 4.00-8.25% p.a. to senior citizens on tenures ranging from 7 days to 10 years. The interest rate on IDFC First Bank Tax Saving FDs is 6.75% p.a. for the general public and 7.25% p.a. for senior citizen depositors for tenures of 5 years. The bank also offers various fixed deposit products for NRIs, such as NRO, NRE, and FCNR fixed deposits. IDFC First Bank accepts FCNR fixed deposits in US Dollars (USD), British Pound Sterling (GBP), Euro (EUR), Australian Dollar (AUD), and Singapore Dollar (SGD). Depositors can also open FD without opening savings account under the IDFC FIRST Bank Digital FD scheme.
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Safe & Secure FD, Insured by RBI
No Savings A/c Required
FD Starts from Rs 2000
Card Limit = 90% of FD
*Rates are subject to change as per the bank's discretion.
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| IDFC FIRST Bank FD Interest Rates (p.a.) Highlights 2024 | |
| Highest slab rate | 7.75% (for 400 days to 500 days) |
| For 1 year | 6.50% |
| For 2 years | 7.25% |
| For 3 years | 6.80% |
| For 4 years | 6.75% |
| For 5 years | 6.75% |
| Tax-Saving FD | 6.75% |
The interest rates are updated as of 20 November 2024
FDs of up to ₹5 lakhs insured by RBI
No hassle of opening a saving account
No documentation
| Tenure | Interest Rates (% p.a.) | |
| Regular Citizens | Senior Citizens | |
| 7 to 14 days | 3.00 | 3.50 |
| 15 to 29 days | 3.00 | 3.50 |
| 30 to 45 days | 3.00 | 3.50 |
| 46 to 90 days | 4.50 | 5.00 |
| 91 to 180 days | 4.50 | 5.00 |
| 181 days to less than 1 year | 5.75 | 6.25 |
| 1 year | 6.50 | 7.00 |
| 1 year 1 day to 399 days | 7.25 | 7.75 |
| 400 days to 500 days | 7.75 | 8.25 |
| 501 days to 2 years | 7.25 | 7.75 |
| 2 years 1 day to 3 years | 6.80 | 7.30 |
| 3 years 1 day to 5 years | 6.75 | 7.25 |
| 5 years 1 day to 10 years | 6.50 | 7.00 |
Note: 1. Additional senior citizen interest rates will not be applicable for NRO or NRE Fixed Deposits.
2. The minimum tenure for NRE deposits is 365 days
Card limit is 90% of FD Amount
Instant Virtual Card
7%INTEREST ON FD
| Tenure | Interest Rates (% p.a.) | |
| Regular Citizens | Senior Citizens | |
| 5 years (only for domestic deposits) | 6.75 | 7.25 |
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| Tenure | Interest Rates (% p.a.) | |
| Regular Citizens | Senior Citizens | |
| 1000 days | 6.80 | 7.30 |
| Tenure | Interest Rates (% p.a.) | ||||
| USD | GBP | EUR | AUD | SGD | |
| 1 year to less than 15 months | 5.25 | 4.45 | 3.05 | 4.00 | 4.00 |
| 15 months to less than 2 years | 5.25 | 4.45 | 3.05 | 4.00 | 4.00 |
| 2 years to less than 3 years | 4.85 | 4.00 | 2.65 | 4.45 | 3.25 |
| 3 years to less than 4 years | 4.50 | NA | NA | NA | NA |
| 4 years to less than 5 years | 4.85 | NA | NA | NA | NA |
| 5 years only | 4.25 | NA | NA | NA | NA |
| Tenure | Interest Rates (% p.a.) | ||||
| USD | GBP | EUR | AUD | SGD | |
| 1 year to less than 15 months | 5.25 | NA | NA | NA | NA |
| 15 months to less than 2 years | 5.25 | NA | NA | NA | NA |
| 2 years to less than 3 years | 4.50 | NA | NA | NA | NA |
| 3 years to less than 4 years | 4.00 | NA | NA | NA | NA |
| 4 years to less than 5 years | 4.00 | NA | NA | NA | NA |
| 5 years only | 4.00 | NA | NA | NA | NA |
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IDFC FIRST WOW! Credit Card is a lifetime free secured credit card featuring an attractive reward point program, welcome benefits, Visa Infinite Premium Platform benefits and top offers on dining, health and wellness and 50+ In-app online discount offers.
No income documents or credit check is required for IDFC FIRST WOW! Credit Card. Stated below are some of the main features of this credit card.
| Particulars | IDFC FIRST WOW! Credit Card |
| Credit Limit | Minimum 100% of the FD |
| Minimum FD | Rs 20,000 (Rs 25,000 for NRIs) |
| FD Interest Rate |
7.25% p.a. onwards |
| Offers | 5% cashback on first EMI transaction, Fuel surcharge waiver, dining, health & wellness offer and much more |
| Key Privileges | Personal Accident cover of up to Rs 2 lakhs |
| 4 complimentary Roadside Assistance (RSA) in a year | |
| No markup charges on foreign currency transactions | |
| Annual/Joining Fees | NIL |
| Add on Card Fee | NIL |
| Finance Charges | 9% – 43.8% p.a. |
| Reward Redemption | Reward points can be redeemed while shopping online or in-store through the ‘pay with points’ option. |
| Alternatively, reward points can be used for making purchases at idfcfirstrewards.poshvine.com. |
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Investors can check the maturity amount of the scheme by using the online FD Interest Calculator at Paisabazaar.com. Also, IDFC Bank FD rates differ for different tenures. So, investors can use FD calculator available online at Paisabazaar.com to calculate and compare potential returns. Investors can calculate their potential returns by providing details like deposit amount, FD Rate and deposit tenure.
Q: What is the highest FD rate in IDFC Bank?
A. The highest fixed deposit interest rate in IDFC Bank is 7.75% p.a. for a tenure of 400 days.
Q. What is the minimum amount that can be invested in IDFC FIRST Bank fixed deposit?
A. The minimum amount that can be deposited in an FD scheme is Rs 10,000.
Q. What is the maximum amount that can be invested in IDFC First Bank’s fixed deposit?
A. The maximum amount that can be deposited is up to Rs. 10 crores in an FD scheme.
Q. What is the maximum amount that can be invested in IDFC FIRST Bank Tax Saver fixed deposit scheme?
A. The maximum amount that depositors can submit is Rs 1.5 lakh in the Tax Saver fixed deposit scheme.
Q. What is the minimum and maximum tenure for which the deposit can be made?
A. The minimum tenure for FD schemes is 7 days whereas the maximum tenure for which fixed deposits can be booked is 10 years. Tax Saver fixed deposits have a lock-in period of 5 years with no premature withdrawal.
Q. Do senior citizens get additional interest rates on deposits?
A. Senior citizens get an additional 0.50% on deposits made below Rs.10 crore. To avail of preferential interest rates, the depositor has to provide age proof and he should be an Indian resident. Non-resident senior citizens cannot avail of preferential interest rates.
