IDFC First Bank FD Rates and Benefits

IDFC First Bank offers a range of fixed deposit rates to suit different needs.

The bank's FD rates are competitive, with interest rates ranging from 5.50% to 7.50% per annum.

For senior citizens, the interest rates are even higher, at 6.25% to 8.25% per annum.

The bank also offers a loyalty bonus of 0.25% to 0.50% per annum for deposits renewed for a period of 2 to 5 years.

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IDFC First Bank offers a range of interest rates for its term deposits, which can be beneficial for those looking to save money. The interest rates are subject to change at the discretion of the bank.

For general public, the interest rates for term deposits range from 3.00% p.a. for tenures between 7-14 days to 7.25% p.a. for tenures between 1 year 1 day and 370 days. Senior citizens can earn higher interest rates, with a maximum of 8.40% p.a. for tenures between 400 days and 500 days.

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The bank's term deposit rates are as follows:

Tax Saver fixed deposits are a great option for those looking to save taxes. IDFC First Bank offers Tax Saver FDs with rates that change at the bank's discretion.

The rates for IDFC First Bank Tax Saver FDs are valid as of 26 November 2024.

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IDFC First Bank offers a range of fixed deposit interest rates, with senior citizens receiving an additional 0.50% interest.

For non-senior citizens, the interest rates for deposits under ₹3 crores are as follows:

Senior citizens, on the other hand, receive an additional 0.50% interest, making their rates:

IDFC First Bank also offers tax-saving deposits with a 6.75% interest rate for 5 years.

Their Green Deposits offer a 7.25% interest rate for 725 days.

The bank revised its FD rates on November 26, 2024, with the highest rate for senior citizens being 8.40% for 400-500 days.

Here's a summary of the interest rates for different tenures:

IDFC First Bank offers competitive fixed deposit rates for both general and senior citizens. Senior citizens can earn up to 0.50% more interest than non-senior citizens.

The interest rates offered by IDFC First Bank are as follows:

For deposits under ₹3 crores, the interest rates range from 3.00% to 7.90% per annum. Senior citizens can earn up to 8.00% per annum on their fixed deposits.

Here's a breakdown of the interest rates offered by IDFC First Bank:

For Tax Saver Deposits, the interest rate is 6.75% per annum for deposits under ₹3 crores. For Green Deposits, the interest rate is 7.25% per annum for deposits under ₹3 crores.

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Senior citizens can enjoy a 0.50% p.a. higher interest rate over non-senior citizens. This means they can earn more on their fixed deposits.

IDFC First Bank offers a penalty-free premature withdrawal option for senior citizens, which is a big advantage. This means they can withdraw their deposit amount without any penalty in case of an emergency.

Senior citizens can choose to receive their interest on a monthly or quarterly basis, or have it compounded quarterly. This flexibility is helpful for those who need regular income.

Here are the IDFC First Bank FD rates for senior citizens for deposits under 3 crores:

Note that these rates are subject to change, so it's always a good idea to check the bank's website or visit a branch for the latest information.

IDFC First Bank offers a range of interest rates for its fixed deposits, which are divided into different tiers based on the tenure of the deposit.

For deposits between 7 and 45 days, senior citizens can earn 3.50% interest, while non-senior citizens can earn 3.00%.

The interest rates for deposits between 46 and 180 days are 5.00% for senior citizens and 4.50% for non-senior citizens.

For deposits between 181 days and less than 1 year, senior citizens can earn 6.25% interest, while non-senior citizens can earn 5.75%.

The interest rates for deposits between 1 year and 1 year 370 days are 7.00% for senior citizens and 6.50% for non-senior citizens.

Here's a breakdown of the interest rates for deposits between 1 year 1 day and 10 years:

For Tax Saver Deposits, the interest rate is 6.75% per annum for deposits under ₹3 crores.

Green Deposits, on the other hand, offer a 7.25% interest rate for deposits of 725 days.

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