IDFC First Bank is one of the fast growing private sector banks in India. After merger of Capital First It has become one of the fast growing banks in India in new banks. IDFC offers Term Deposit to its customers with different rates. IDFC Bank FD Rates 2021 starts from 2.75% per annum to maximum 5.75 % per annum . You can also book your fixed deposit online. You need to have internet banking facility for FD booking.
IDFC Bank Fixed Deposit Rates 2021
IDFC Bank Deposit Rates Domestic/ NRO/NRE (Below 2 Crore)
|Period||Interest Rate Below 2 Crore Per Annum||Interest Rate Below 2 Crore Per Annum (Senior Citizens)|
|7 – 14 days||2.75%||3.25 %|
|15 – 29 days||3.00%||3.50 %|
|30 – 45 days||3.50%||4.00 %|
|46 – 90 days||4.00%||4.50 %|
|91 – 180 days||4.50%||5.00 %|
|181 days – less than 1 year||5.25%||5.75 %|
|1 year – 499 days||5.75%||6.25 %|
|500 days||6.00%||6.50 %|
|501 days – 2 years||5.75%||6.25 %|
|2 years 1 day – 5 years||5.75%||6.25 %|
|5 years 1 day – 10 years||5.75%||6.25 %|
IDFC Bank FD Scheme 2021
IDFC Bank FD Rates for Senior Citizens 2021
IDFC Fixed Deposit Features
1 Bank is offering fixed deposit from 7 days to 10 Years.
2 IDFC Bank FD Rates 2021 start from minimum 2.75 % per annum and maximum 5.75% per annum.
3 Senior citizen will get 0.5 % extra on fixed deposit.
4 Depositor can also avail nomination facility in fixed deposit.
5 IDFC Bank also gives auto renewal option in fixed deposit.
6 Pre mature closure or partial withdrawal facility is also available .
7 IDFC Bank FD premature withdrawal penalty is 1%.This means if you committed to keep the FD for two years, but had to withdraw it after 1 Year, then bank will impose a penalty. Even, partial withdrawals attract penalty. This will be 1% of the applicable interest rate.
IDFC BANK NRE FD Rates 2021
IDFC First Bank NRI Interest rates are available for Non Resident Indian or citizen of Indian origin . NRE fd is booked for minimum 1 year. No interest is paid if the NRE Deposit is withdrawn before 1 year.
There is no penalty on pre mature closure of NRE Fixed Deposit.
Partial or pre mature withdrawal and sweep- in facility is not allowed fd booked for 5 Crore and above.
IDFC Tax Saver FD
IDFC Bank offers Tax Saver FD for resident individuals and HUF.
Minimum amount is INR 100 and in multiples of INR 100 and Maximum amount is Rs. 1.5 Lakh in a financial Year.
IDFC Tax Saving fd is book for 5 year (lock in)
This fd can be booked with Monthly or quarterly payout.
In case of joint holder deposit account, tax benefit is given to first holder of the account under 80C.
IDFC Bank FD Rates Today
We have given latest FD information above about IDFC Fixed Deposit Interest Rate. To know the latest IDFC BANK FD Interest Rate , You can also visit the bank website.
IDFC BANK Fixed Deposit Calculator 2021
You can calculate deposit rates in IDFC FD Calculator 2021 . This will help you to decide the amount and tenure for your IDFC FD.
IDFC Bank Saving Account Interest Rate 2021
IDFC First Bank gives 6 % interest per annum on saving account up to 1 Crore .
|Balance (Rupees)||Rate of Interest (Per Annum)|
|<=1 Crore||6.00 %|
|>1 Crore <=5 Crore||5.00 %|
|>5 Crore <=10 Crore||4.00 %|
|>10 Crore||3.5 %|