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Jul 18, 2022 · Interest rates on fixed deposits of less than ₹ 2 Cr have increased thanks to a private sector lender, IDFC First Bank. As of today, July 18, 2022, the new rates are in effect, according to the ...
• Calculation of interest is basis 365 days for the period of fixed deposit falling in a non-leap (financial) year and 366 days for the period of fixed deposit falling in a leap (financial) year. • On premature withdrawal, Interest will be calculated at the applicable rate (on the date of
erest rates are per-annum. Pay-out will be only on maturity. th quarterly compounding.The incentive for Senior Citizens will be at an additional spread of 0.50% p.a. over the above rate and will not be available for NRE. Recurring Deposits. Minimum and maximum monthly installment for recurring deposits will be Rs. 100 a.
Personal loan. 10.90%. 36%. Refer the table below to know applicable charges on personal loans. Charges Description. Fees / Charges. Processing fees. Upto 3.5% of Loan Amount. Late payment/Penal charges/ /Overdue (per month)
Features & Benefits of IDFC Bank Fixed Deposit. Competitive Rate of Interest: The IDFC Bank FD rates are attractive across all the tenures. All depositors under the age of 60 can get a maximum of 6.00% interest rate, while the IDFC Bank FD rate for senior citizens is 6.50%. Read More.
Aug 12, 2020 · IDFC First Bank has also revised interest rates on its fixed deposits (FD) with effect from 27 July. For FDs maturing in seven days to 14 days, IDFC First Bank offers 3% interest rate. For 15-29 ...
Any existing IDFC FIRST Bank NRI customer can open an FCNR Deposit with us. IDFC FIRST Bank's FCNR Deposit offers NRIs tax free interest. Learn about the benefits of FCNR account to deposit and safeguard your investments.
