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IDFC FIRST Bank FD Rates
IDFC FIRST Bank offers fixed deposit interest rates ranging from 3.25% to 7.35% p.a. for the general public on tenures between 7 days and 10 years. Senior citizens receive an additional rate of 0.25% p.a. The highest rate of 7.35% p.a. is applicable for a tenure of 500 days to 3 years.
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Includes Life Cover
Completely Tax Free+
3 Benefits, 1 Plan
Maximum returns offered by:
7.4%*
(Tax-Free)
Guaranteed Plan
(By Insurance companies)4.6%*
(After Tax)
Fixed Deposit
(Offered by Banks)4.0%*
Savings Account
(Post Office)Get Guaranteed returns up to 7.4%*
Fully Tax-Free, Life Cover Included
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FD Interest Rates
- IDFC Bank FD Rates
IDFC FIRST Bank FD Interest Rates - Highlights
The table below highlights the latestIDFC FIRST FD interest rates across key tenures.
| Tenure | Interest Rates (% p.a.) |
| Highest slab rate(for 500 days to 3 years) | 7.35 |
| For 1 year | 6.50 |
| For 2 years | 7.35 |
| For 3 years | 7.35 |
| For 4 years | 6.75 |
| For 5 years | 6.75 |
| Tax-Saving FD | 6.75 |
*FD interest rates as of July 2026
IDFC FIRST Bank FD Interest Rates
Fixed Deposit Rates for Domestic/NRO/NRE Deposits of Less than ₹3 Crore w.e.f. 10 June 2026
| Tenure | Interest Rates (% p.a.) | |
| Regular Citizens | Senior Citizens | |
| 7 to 14 days | 3.25 | 3.50 |
| 15 to 29 days | 3.25 | 3.50 |
| 30 to 45 days | 3.50 | 3.75 |
| 46 to 90 days | 4.50 | 4.75 |
| 91 to 180 days | 5.00 | 5.25 |
| 181 days to less than 1 year | 6.50 | 6.75 |
| 1 year | 6.50 | 6.75 |
| 1 year 1 day to 370 days | 6.50 | 6.75 |
| 371 days to 390 days | 7.00 | 7.25 |
| 391 days to 499 days | 7.25 | 7.50 |
| 500 days to 3 years | 7.35 | 7.60 |
| 3 years 1 day to 5 years | 6.75 | 7.00 |
| 5 years 1 day to 10 years | 6.00 | 6.25 |
Note:
- Additional senior citizen interest rates will not be applicable for NRO or NRE Fixed Deposits.
- The minimum tenure for NRE deposits is 365 days.
IDFC Tax Saver Deposit w.e.f. 18 April 2026
| Tenure | Interest Rates (% p.a.) | |
| Regular Citizens | Senior Citizens | |
| 5 years (only for domestic deposits) | 6.75 | 7.00 |
IDFC Green Deposit (Less than ₹3 Crore) w.e.f. 10 June 2026
| Tenure | Interest Rates (% p.a.) | |
| Regular Citizens | Senior Citizens | |
| 375 days | 7.00 | 7.25 |
Interest Rates on FCNR Deposits of up to 1 Million w.e.f. 26 February 2026
| Tenure | Interest Rates (% p.a.) | ||||
| USD | GBP | EUR | AUD | SGD | |
| 1 year to less than 15 months | 4.50 | 4.25 | 2.55 | 4.00 | 1.90 |
| 15 months to less than 2 years | 4.50 | 4.00 | 1.25 | 3.85 | 1.65 |
| 2 years to less than 3 years | 4.25 | NA | NA | NA | NA |
| 3 years to less than 4 years | 4.25 | NA | NA | NA | NA |
| 4 years to less than 5 years | 4.40 | NA | NA | NA | NA |
| 5 years only | 4.40 | NA | NA | NA | NA |
Interest Rates on FCNR Deposits Above 1 Million w.e.f. 16 January 2026
| Tenure | Interest Rates (% p.a.) | ||||
| USD | GBP | EUR | AUD | SGD | |
| 1 year to less than 15 months | 4.00 | NA | NA | NA | NA |
| 15 months to less than 2 years | 4.00 | NA | NA | NA | NA |
| 2 years to less than 3 years | 4.00 | 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 |
IDFC First Bank Credit Card Against FD
The IDFC FIRST WOW! Credit Card is a lifetime free secured credit card offered against a fixed deposit. It is designed for customers who want to build or improve their credit history without submitting income documents.
The card offers reward points, free Visa Infinite perks, discounts on dining, health and wellness, and access to a range of partner discounts. As a fixed deposit-linked card, it is not required to have any proof of income or credit history and is subject to the bank's qualifying conditions.
| Particulars | IDFC FIRST WOW! Credit Card |
| Card Type | Lifetime free secured credit card against a Fixed Deposit |
| Credit Limit | 100% of the Fixed Deposit amount |
| Minimum FD | ₹20,000 (₹25,000 for eligible NRI customers) |
| FD Interest | Continue earning interest on the linked Fixed Deposit at the prevailing IDFC FIRST Bank FD interest rate |
| Key Benefits | Up to 4X Reward Points, Zero Forex Mark-up, 45-day interest-free ATM cash withdrawals, Visa Infinite benefits, dining and lifestyle offers, and partner merchant discounts |
| Insurance & Privileges | Personal Accident Cover of up to ₹2 lakh and 4 complimentary Roadside Assistance (RSA) services per year |
| Joining Fee | Nil |
| Annual Fee | Nil |
| Add-on Card Fee | Nil |
| Finance Charges | As per the applicable IDFC FIRST Bank Credit Card Most Important Terms & Conditions (MITC) |
| Reward Redemption | Reward Points can be redeemed using the Pay with Points option at participating online and offline merchants, or through the IDFC FIRST Rewards portal, as per the bank's rewards programme. |
Types of IDFC FIRST Bank Fixed Deposit Schemes
IDFC FIRST Bank offers multiple Fixed Deposit schemes to suit different financial goals. Below are the key features of each scheme.
Standard Fixed Deposit
- Minimum deposit amount: ₹10,000
- Tenure: 7 days to 10 years
- Interest payout options: Monthly, quarterly, or at maturity
- Interest reinvested, compounded quarterly and paid at maturity
- Interest on deposits upto 180 days term is calculated on a simple interest basis
- Under the monthly interest payout option, interest is paid every month at a discounted rate compared to the cumulative deposit option
- Senior citizen interest rates are applicable as per the bank's prevailing FD interest rate schedule.
- Loan or overdraft facility is available for up to 90% of the deposit amount
IDFC FIRST Digital Fixed Deposit
- Can be opened without an IDFC FIRST Bank Savings Account
- Deposit amount: Minimum ₹5,000; Maximum ₹90,000
- Tenure: 7 days to 10 years
- End-to-end digital and paperless account opening process
- Can be opened only in a single name
- Only one Digital Fixed Deposit can be booked per customer
- Interest payout options include monthly, quarterly, and at maturity
- Cumulative option allows quarterly compounding with interest paid at maturity
- Nomination facility is available
Tax Saver Fixed Deposit
- Deposits qualify for a tax deduction of up to ₹1.5 lakh under Section 80C, provided the depositor opts for the old tax regime
- In the case of joint deposits, only the first holder is eligible to claim the tax deduction
- Lock-in period: 5 years
- Premature withdrawal is not permitted
IDFC FIRST Bank Green Fixed Deposit
- Deposits are invested in eligible green and sustainable projects, including renewable energy, electric mobility, water conservation, and sanitation initiatives
- Deposit amount: Minimum ₹5,000 and less than ₹3 crore
- Tenure: 375 days
- A GeoTagged tree is associated with every First Green Fixed Deposit of ₹1 lakh or above
- Senior citizen interest rates are applicable as per the bank's prevailing Green Deposit interest rate schedule.
- Overdraft facility is available against the deposit
- Interest payout options: Monthly, quarterly, or at maturity
Flexi Fixed Deposit
- Sweep-in and sweep-out facility linked to a Savings or Current Account
- Available for senior citizens, minors, and eligible non-individual customers
- Any balance exceeding the specified threshold in the linked account is automatically transferred to the Fixed Deposit to earn higher returns
NRE Fixed Deposit
- Tenure: 1 year to 10 years
- Interest is compounded every 90 days and paid at maturity
- Monthly and quarterly interest payout options are available
- Both principal and interest are freely repatriable
NRO Fixed Deposit
- Tenure: 7 days to 10 years
- Interest is compounded every 90 days and paid at maturity
- Monthly and quarterly interest payout options are available
- Funds can be repatriated up to USD 1 million per financial year, subject to applicable FEMA regulations, taxes, and documentation
FCNR Fixed Deposit
- Tenure: 1 year to 5 years
- Available in major foreign currencies offered by IDFC FIRST Bank, subject to the bank's prevailing FCNR deposit policy
- Interest is compounded every 180 days and thereafter for the remaining period until maturity
- Both principal and interest are freely repatriable
Premature Withdrawal of Fixed Deposits
- Premature withdrawal is permitted for most fixed deposits, subject to a 1% penalty on the applicable interest rate.
- The penalty does not apply to deposits held by government, quasi-government, statutory, or regulatory bodies, as per the bank's prevailing policy.
- Interest is paid at the applicable rate for the actual period the deposit remained with the bank, subject to the bank's premature withdrawal rules.
- The above penalty applies to Fixed Deposits booked or renewed on or after 2 May 2019.
- No premature withdrawal penalty is applicable on Senior Citizen Fixed Deposits with a deposit amount of less than ₹3 crore at the time of opening, as per the bank's prevailing policy.
IDFC FIRST Bank Fixed Deposit Calculator
Investors can use an online IDFC FIRST Bank FD interest calculator to estimate the maturity amount and interest earned on an IDFC FD account. By entering the amount, the applicable FD interest rate and duration, you can calculate estimated maturity value. It also assists in comparing the results across various tenures before opening a fixed deposit.
FAQs
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Is IDFC FIRST Bank a good bank for FD?
IDFC FIRST Bank offers competitive FD interest rates across various tenures. It also provides higher rates for senior citizens, flexible tenure options, and premature withdrawal and loan against FD facilities, subject to the bank's terms and conditions. -
Does IDFC FIRST Bank offer senior citizen FD rates?
Yes. IDFC FIRST Bank senior citizen FD rates range from 3.50% p.a. to 7.90% p.a., depending on the deposit tenure. Senior citizens receive an additional interest rate benefit over the rates offered to regular citizens on eligible fixed deposits. -
What is the minimum amount required to open an IDFC FIRST Bank FD?
The minimum amount to open an IDFC FIRST Bank Fixed Deposit is ₹10,000. Customers can choose the investment amount and tenure based on their financial requirements. -
Can I withdraw my IDFC FIRST Bank FD before maturity?
Yes. IDFC FIRST Bank FD premature withdrawal is allowed on eligible fixed deposits. A 1% premature closure penalty is applicable to most FDs. However, no premature closure penalty is charged on senior citizen fixed deposits below ₹3 crore. Interest is paid as per the bank's premature withdrawal policy. -
Can I get a loan against an IDFC FIRST Bank FD?
Yes. The loan against FD facility allows customers to avail of a loan or overdraft against eligible fixed deposits without closing them before maturity. Loan/overdraft interest rates are as per the bank's prevailing policy.
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˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
* The Guaranteed Returns are dependent on the policy term and premium term availed, along with the other variable factors. The 7.4% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and premium term of 10 years with a Rs . 20,000 monthly instalment premium. The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year, and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
** The Life Cover amount varies as per plan specifications. Please read the policy document for details.
+ Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
#Discount offered by insurance company
##The Guaranteed Returns are dependent on the policy term and premium term availed along with other variable factors. 7.4% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and a premium term of 10 years with ₹5,00,000 annually installment premium. All plans listed here are from insurance companies’ funds.
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