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Oct 4, 2023 · IDFC FIRST Bank FD interest rates The bank currently offers interest rates ranging from 3.50% to 7.50% on deposits maturing in 7 days to 10 years for general citizens. The maximum interest rate on deposits maturing in 1 year 1 day – 2 years is now 7.50% for non-senior residents and 8% for senior citizens.
Fixed Deposit has been a popular investment option across generations, and for a good reason. If you are looking for a safe investment, a Fixed Deposit is an excellent option. At HDFC Bank, you can open a Fixed Deposit with amounts as low as ₹5,000. Invest a sum of your choice and pick from a range of tenures suitable to you.
such that Interest is paid on the Interest earned in the previous quarter as well. • For deposits with monthly interest pay-out option, the interest shall be calculated for the quarter and paid monthly at a discounted rate over the Standard FD Rate. • In case of premature closure of the Term/Fixed Deposit, interest will be paid basis ...
• 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
Benefits of IDFC Fixed Deposit. 1. Competitive interest rates - IDFC offers attractive interest rates on fixed deposits across all tenures. Depositors below the age of 60 can get up to 7.00% interest on their deposits while senior citizens can avail as high as 7.50%. 2.
Minimum and maximum investment: The minimum investment in IDFC Bank FD is INR 10,000. However, there is no limit on the maximum amount of investment except for IDFC First Bank tax saving FD, which is INR 1,50,000. IDFC Bank FD rates: IDFC Bank FD rates range between 2.75% and 6% for regular citizens and between 3.25% and 6.5% for senior citizens.
Mar 5, 2022 · The bank offers an interest of 6.25% on FD investment for over 5 years, IDFC First bank is second on the list. IDFC FIRST Bank offers one of the highest fixed deposit rates for general and senior ...
