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FD Rates Hike: This bank increased the interest on FD, getting 8.40% interest

IDFC FD Rates: IDFC First Bank has given a gift to crores of customers. IDFC First Bank has increased its interest rates on fixed deposits. It has revised it. Private sector bank IDFC First is offering 3 to 7.75 percent annual interest on FD to its customers.

IDFC FD Rates: IDFC First Bank has given a gift to crores of customers. IDFC First Bank has increased its interest rates on fixed deposits. It has revised it. Private sector bank IDFC First is offering 3 to 7.75 percent annual interest on FD to its customers. At the same time, the bank is giving 0.50 percent more interest to senior citizens than to ordinary citizens. Senior citizens will get 3.50% to 8.40% annual interest on FD in the bank. Senior citizens are getting this interest on FDs of 400 days to 500 days.

These are the interest rates

After the revised FD rates of IDFC First Bank, IDFC First Bank is offering a minimum of 3.50% and maximum of 7.90% interest on FDs of less than Rs 3 crore.

IDFC First Bank FD Rates

PeriodFD rates for common peopleFD Rates for Senior Citizens
7 – 14 days3.00%3.50%
15 – 29 days3.00%3.50%
30 – 45 days3.00%3.50%
46 – 90 days4.50%5.00%
91 – 180 days4.50%5.00%
181 days – and less than 1 year5.75%6.25%
1 year6.50%7.00%
1 year 1 day – 370 days7.25%7.75%
371 days to 399 days7.50%8.00%
400 days – 500 days7.90%8.40%
501 days – 2 years7.25%7.75%
2 years 1 day -3 years6.80%7.30%
3 years 1 day – 5 years6.75%7.25%
5 years 1 day – 10 years6.507.00%
Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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