Flexi Fixed Deposit IDFC First Bank

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What is an IDFC First Bank Flexi Fixed Deposit?

Flexi Fixed Deposit from IDFC First Bank is a secured investment option that links your savings or current account to a Flexi Fixed Deposit. Once your account balance crosses a set limit, the additional amount is swept into a fixed deposit, where it starts earning higher interest. With the BRAVO Flexi Deposit, you can set any amount above ₹2 lakhs as the threshold for auto‑sweep linked to your current account. Funds are swept out from the FD only if the account balance drops below the threshold, ensuring your money stays productive while maintaining liquidity.

IDFC First Bank Flexi Fixed Deposit Interest Rates

Here are the latest IDFC First Bank FD rates for both the general public and senior citizens across various tenures, which also apply to the Flexi Fixed Deposit IDFC First Bank:

*IDFC First Bank FD interest rates w.e.f. July 15, 2025

Key Features of IDFC First Flexi Fixed Deposits 

The Flexi Deposit IDFC First Bank offers several unique features that make it stand out. Some of these include:

• Daily auto-sweep: In BRAVO Flexi FD, any balance above the set threshold is swept into a fixed deposit daily in multiples of ₹1,000.
• Higher Returns: Surplus funds earn better returns than a regular savings account by being moved to a fixed deposit.
• Micro closure flexibility: BRAVO Flexi FD allows sweep-out in multiples as small as ₹1, ensuring you get the maximum benefit.
• Zero Charges on Banking Services: No fees on ATM withdrawals, branch deposits, transfers, or cheque reissuance with IDFC First Bank Flexi Fixed Deposit.

How to Open an IDFC First Bank Flexi Fixed Deposit?

You can open a Flexi Deposit with IDFC First Bank either online through internet banking or by visiting your nearest branch. If you're an existing customer, you can book the Flexi Deposit directly. New customers will need to open a savings account first and then link the Flexi Deposit to it.

1. Online FD Account Opening

   You can book an IDFC First Bank FD online if you are an existing customer with NetBanking or the IDFC First Bank Mobile App.

   • NetBanking or Mobile App: Log in to your IDFC First Bank NetBanking with your credentials or open the IDFC First Bank Mobile App.
   • Go to ‘Fixed Deposit’: Tap on 'Investments' and then select 'Fixed Deposit'.
   • Select FD Amount: Select your account and enter the amount (starting from ₹10,000).
   • Select FD Type: Choose a deposit type from the available options, such as a cumulative (interest payout at maturity) or non-cumulative (monthly or quarterly interest payout) FD.
   • Maturity Instructions: Select options for auto-renewal, interest payout frequency, or payout at maturity.
   • Review & Confirm: Check all details, accept the terms & conditions, and submit.
   • FD Receipt: Generate and print the term deposit receipt (e-TDR) instantly.

2. Offline FD Account Opening

   If you prefer the offline process, you can visit your nearest IDFC First Bank branch to book a fixed deposit with the flexi facility.

   • Visit IDFC Bank Branch: Visit an IDFC First Bank branch with your PAN/Aadhaar and cheque/cash.
   • IDFC First Bank FD Form: Fill out the Term Deposit form at the IDFC First Bank branch.
   • Submit Documents: Submit the required KYC proofs if you are a new customer.
   • Fund Transfer/Deposit: Deposit the FD amount (minimum ₹10,000) digitally, through cheque, or cash.
   • Tenure & Interest Options: Choose the tenure (7 days to 10 years) and interest payout frequency.
   • Get the FD Receipt: IDFC First Bank will issue a Term Deposit Receipt (TDR) as confirmation.

Difference Between Flexi Fixed Deposits and Regular Fixed Deposits

Understanding how Flexi Deposits differ from regular FDs is important before deciding.

Key Takeaways

IDFC First Bank Flexi Fixed Deposit combines savings and investment by offering higher returns without compromising liquidity. It automatically moves surplus funds into fixed deposits, while partial withdrawals preserve interest on the rest. Designed for both new and experienced investors, it provides an effective way to grow your money while keeping it accessible. Before opening an account, it is advisable to review the latest FD interest rates or IDFC First Bank Flexi Deposit Interest Rates.