IDFC Bank FD Interest Rates 2023
IDFC Bank FD Interest Rates 2023
A Fixed Deposit (FD) is a safe investment instrument, where investors earn interest on their deposit from banks. FDs are among the most popular fixed income investments, largely due to their less volatile nature. They do not depend on equities, so their value does not fluctuate regularly.
The Reserve Bank of India (RBI) insures your deposits up to ₹5 lakhs.
You can borrow up to 90% of your deposit amount at low fixed deposit rates. It is roughly 2% higher than the FD interest rate.
Table bifurcation of FD interest rates on Senior Citizens and Non-Senior Citizens accounts
| Tenure | FD rates for Non-Senior Citizens | FD rates for Senior Citizens |
| 7 – 14 days | 3.50% | 4.00% |
| 15 – 29 days | 3.50% | 4.00% |
| 30 – 45 days | 4.00% | 4.50% |
| 46 – 90 days | 4.00% | 4.50% |
| 91 – 180 days | 4.50% | 5.00% |
| 181 days – 364 days | 5.75% | 6.25% |
| 365 days – 500 days | 6.25% | 6.75% |
| 501 days – 749 days | 6.75% | 7.25% |
| 750 days | 7.25% | 7.75% |
| 751 days – 3 years | 6.50% | 7.00% |
| 3 years 1 day – 5 years | 6.50% | 7.00% |
| 5 years 1 day – 10 years | 6.00% | 6.50% |
Latest Fixed Deposit rate table
The latest interest rates of Fixed Deposits offered by IDFC FIRST Bank are given below.
| Tenure | FD Rates (₹2 crore to ₹5 crore) |
| 7 – 14 days | 5.30% |
| 15 – 35 days | 5.30% |
| 36 – 45 days | 5.55% |
| 46 – 60 days | 5.65% |
| 61 – 91 days | 6.20% |
| 92 – 180 days | 6.85% |
| 181 – 270 days | 6.95% |
| 271 – 365 days | 7.30% |
| 366 – 399 days | 7.55% |
| 400 – 499 days | 7.40% |
| 500 – 540 days | 7.40% |
| 541 – 731 days | 7.40% |
| 732 – 1095 days | 7.35% |
| 3 years 1days – 5 years | 7.25% |
| 5 Year 1 Day – 8 Years | 7.25% |
| 8 Year 1 Day – 10 Years | 7.25% |
