Idfc first bank fd rates

Tenure General Public FD Rate Senior Citizens FD Rate 7 - 14 days 3.50% 4.00% 15 - 29 days 3.50% 4.00% 30 - 45 days 4.00% 4.50% 46 - 90 days 4.50% 5.00% 91 - 180 days 5.00% 5.50% 181 days - 366 days 6.75% 7.25% 367 days - 18 months 7.25% 7.75% 18 months - 1 day - 3years 7.50% 8.00% 3 years - 1 day- 5 years 7.00% 7.50% 5 years- 1 day - 10 years 7.00% 7.50% Note: All interest rates shown above are annual (p.a.) as on 21st Dec 2022 Name Interest rate (p.a.) Tenure Min. deposit Bajaj Finance Ltd. 7.11% - 8.60% 1 - 5yrs ₹15,000 SBI Bank 2.90% - 5.40% 1 - 10yrs ₹1,000 ICICI Bank 2.50% - 5.60% 1 - 10yrs ₹10,000 Axis Bank 2.50% - 5.75% 1 - 10yrs ₹5,000 HDFC Bank 2.50% - 5.50% 1 - 10yrs ₹5,000 Bank of Baroda 2.80% - 5.25% 1 - 10yrs ₹1,000 IDFC Bank 3.00% - 4.65% 1 - 10yrs ₹10,000 View details Kotak Mahindra Bank 2.50% - 5.30% 1 - 10yrs ₹5,000 Canara Bank 2.90% - 5.35% 1 - 10yrs ₹1,000 Yes Bank 3.25% - 6.25% 1 - 10yrs ₹10,000 IndusInd Bank 2.50% - 6.00% 1yr - 5yrs 1m ₹10,000 Punjab National Bank 2.90% - 5.25% 1 - 10yrs ₹1,000 IDBI Bank 2.70% - 5.40% 1 - 20yrs ₹10,000 Union Bank 3.00% - 5.50% 1 - 10yrs ₹1,000 Citibank 1.85% - 3.50% 1 - 5yrs ₹1,000 RBL Bank 3.25% - 6.30% 1 - 10yrs ₹1,000 Indian Bank 2.80% - 5.25% 1 - 10yrs ₹1,000 About IDFC First Bank IDFC First Bank (formerly known as IDFC Bank) is a popular Indian bank. It began operations from 1st October 2015. The bank provides a wide range of financial services to individuals, corporates and small businesses. It offers current an...

IDFC First Bank Fixed deposit interest rates for Domestic below Rs.2 crore Updated on Mon Jun 12 2023 Tenure General Citizen Senior Citizen 7-14 days 3.50% 4.00% 15-29 days 3.50% 4.00% 30-45 days 4.00% 4.50% 46-90 days 4.50% 5.00% 91-180 days 5.00% 5.50% 181 days – 366 days 6.75% 7.25% 367 days – 18 months 7.25% 7.75% 18 months 1 day – 3 years 7.75% 8.25% 3 years 1 day – 5 years 7.00% 7.50% 5 years 1 day – 10 years 7.00% 7.50% IDFC First Bank Fixed deposit interest rates for NRO below Rs.2 crore Updated on Mon Jun 12 2023 Tenure General citizen rates 7-14 days 3.50% 15-29 days 3.50% 30-45 days 4.00% 46-90 days 4.50% 91-180 days 5.00% 181 days – 366 days 6.75% 367 days – 18 months 7.25% 18 months 1 day – 3 years 7.75% 3 years 1 day – 5 years 7.00% 5 years 1 day – 10 years 7.00% IDFC First Bank FCNR Rates Updated on 15th June 2023 Tenure GBP USD EURO JPY AUD CAD 1 year to less than 2 years N/A 5.65 N/A N/A 4 N/A 2 years to less than 3 years N/A 4.5 N/A N/A 4.45 N/A 3 years to less than 4 years N/A 4 N/A N/A N/A N/A 4 years to less than 5 years N/A 4 N/A N/A N/A N/A 5 years only N/A 4 N/A N/A N/A N/A Fixed deposits (FD) offer a flexible time period for which they can be opened. This means the investor can open it for as long as they have idle funds. Financial institutions like banks allow FD investors the flexibility to invest their funds from periods as low as 7 days to 10 years. The interest rate on the deposit depends on the tenure chosen. On the date of maturity, the bank...

As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on 1800 10 888 or visit the nearest IDFC FIRST Bank branch for further queries. • Fixed Deposit Interest Rates 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. Fixed Deposit accounts are the most worthy option for risk-averse investors. Interest on Fixed Deposits is accrued on the deposited amount over a set timeframe. FD interest rates are also dependent on the type of financial entity you are choosing. The duration might range from seven days to ten years. Another attractive feature of FD interest rates is that they are not subject to market fluctuations, offering a guaranteed interest rate at maturity. IDFC FIRST Bank’s Fixed Deposit rates ensure you make handsome returns at the end of your maturation period. Benefits of FD Interest rates A few benefits of Fixed Deposits and FD interest rates are: • The returns on your fixed deposits are unaffected by market risks. • The Reserve Bank of India (RBI) insures your deposits up to ₹5 lakhs. • You can borrow up to 90% of your deposit amount at ...

RBL Bank latest FD rates RBL Bank offers 7% interest on FDs maturing in 15 months to general customers. On this tenor, senior citizens will get 7.50% rate. Union Bank of India latest FD rates Union Bank of India is one government bank that has hiked interest rates on FD below ₹2 crore with effect from 17 October. After the latest hike, the bank offers interest ranging from 3% to 7% on FDs with maturities ranging from 7 days to 10 years. on the maturity period of 599 days Canara Bank latest FD rates Canara Bank has launched a special fixed deposit plan for a tenure of 666 days. According to this plan, the lender is offering an interest rate of 7% to its general customers, while senior citizens will receive 7.5% on these deposits. Canara Bank raised its interest rates for all tenors and is currently providing an interest rate on deposits maturing in 7 days to 10 years that range from 3.25% to 7.00% for the general public and 3.25% to 7.50% for senior citizens. According to the bank's, the new rates are effective from 7 October 2022.

Senior citizen fixed deposit interest rates; FD rates: Some of the biggest commercial banks in India, including SBI, HDFC Bank, ICICI Bank, Axis Bank and Bank of Baroda, pay annual interest to the tune of 3.5-7.75 per cent on fixed deposits to their senior citizen customers, and 3-7.25 per cent to other depositors. On June 8, the RBI kept the repo rate — the interest rate at which the central bank lends money to commercial banks — on hold at 6.5 per cent, following a similar move in its April review after raising the key lending rate by 250 basis points in six instalments starting May 2022. Will the status quo on the benchmark interest rate impact the interest you get on fixed deposits? Given this potential shift in interest rates, it is imperative that senior citizens and other FD investors revise their investment strategy carefully. While fixed deposits continue to be a safe investment option, diversifying the portfolio to include other financial instruments may be a smart move, say financial planners. Senior citizen FD interest rates With the RBI's decision to halt aggressive hikes in the key lending rate, it is anticipated that banks may refrain from raising the FD rates further. In fact, any reduction in the repo rate in the coming months may even prompt commercial banks to trim the returns offered to term depositors. Here's a quick comparison of the FD interest rates offered to senior citizens and other depositors, according to the banks' websites: Bank General publi...