Explore Personal Banking
Accounts
Deposits
Loans
Wealth & Insure
Payments
Cards
Annual Report
What’s special about us
Customer Support
About Us
Investors
Careers
CSR

Select language

Popular searches

Product Hom e Loan

Products & Services (12)

Apply Now Product Hom e Loan
Apply Now Product Loan Agaisnt Property - Hom e Loan
Apply Now Product Balance Transfer - Hom e Loan
Apply Now Product Hom e Loan EMI Calculator
See 8 More Results

Recent searches

Download Form Hom e Loan Application Form
Download Product Loan Agaisnt Property - Hom e Loan
Download Article Benefits of Balance Transfer
View All 32 Results

Savings Account with industry best 7% Interest

Notifications

PERSONAL BANKING /DEPOSIT/FIXED DEPOSIT

Open a fixed deposit in 3 simple steps with or without a savings account. Earn up to 8.50% interest p.a.*

* Up to 8.00% p.a. for all regular depositors
qr

Plan your Fixed Deposit by Deposit Amount

₹

₹1,000 ₹20 Cr

Done

3%
3%
3%
4.5%
4.5%
5.75%
6.5%
7%
7%
7.5%
8%
7.5%
7.75%
7.25%
7%
7%
6.75%
6.50%
6.25%
6%

7d 10y

Interest Rate

8% p.a.

Maturity Value

₹1,23,144

gaurantee
Deposit Now!

Tax Deducted at Source (TDS) will be applicable on the interest earned as per the prevailing rate for your FD.

FD of ₹1,00,000 for 36 months at 7.75% rate of interest paid out on maturity

Interest Rate best in industry 7.75% p.a.
Maturity Value ₹1,23,144

Overview

Introducing IDFC FIRST Bank Fixed Deposits – a super-fast and secure way to invest your money and get assured returns. Enjoy up to 8.50% return on investment per annum, tailored to meet the needs of modern investors who like to play it safe.

Our simplified digital process allows you to open a fixed deposit in three simple steps, with or without having to open a savings account! With IDFC FIRST Bank, experience the power of compounded growth with flexible payouts tailored to your financial goals. Read more

Features of fixed deposit investments:

  • Earn high interest on surplus funds Park your savings with IDFC FIRST Bank Fixed Deposits and benefit from one of the best interest rates in the industry

    View all interest rates

  • Senior citizen benefit IDFC FIRST Bank offers an additional 0.5% p.a. interest to senior citizens on their fixed deposits with no penalty on early withdrawal

  • Choose your own pay-outs Have a control over your interest pay-outs with IDFC FIRST Bank Fixed Deposit accounts. IDFC FIRST Bank offers two options for this - monthly and quarterly interest pay-outs.

  • Benefits of compounding Park your savings with IDFC FIRST Bank Fixed Deposits and benefit from one of the best interest rates in the industry

  • Overdraft facility On select fixed deposit accounts, IDFC FIRST Bank offers an overdraft facility for customers to borrow against their deposits

Benefits of Fixed Deposits

High Returns

Enjoy up to 8.00% interest p.a., with the safety and stability. Senior citizens enjoy additional 0.5% interest rate.

Instant FD Booking

Open your fixed deposit instantly in just 3 easy steps through an end-to-end paperless journey. Simply select the amount, choose your tenure, confirm and watch your money grow like never before. 

Instant FD Flexible Tenure and Payouts 

From 7 days to 10 years, choose a tenure that fits your saving goals and opt for monthly, quarterly, or yearly pay-outs.

Full KYC completion  

Complete your KYC from the comfort of your home by using Video KYC feature to enjoy unrestricted benefits*

Zero penalty   

For increased flexibility in financial planning, we offer zero penalty on early fixed deposit withdrawal for senior citizens

Low booking amount   

You can start investing with an amount as low as ₹5,000.

Only 3 steps to open your fixed deposit online

Select your desired amount & tenure

Verify your details with an OTP sent to your mobile

Confirm your deposit...and you’re done!

Types of Fixed Deposits

Standard Fixed Deposits

In this, customers deposit their moneys for a fixed tenure usually ranging between 7 days and 10 years, with a higher interest rate than savings account.

Book now

Senior Citizen Fixed Deposits

This is for individuals above 60 years, with zero penalty on premature withdrawals. IDFC FIRST Bank offers an additional 0.5% interest p.a. over the standard fixed deposit rate.

Book now

Flexi Fixed Deposits

It is linked to customers’ savings or current account. They can open a ‘Flexi Fixed Deposit’ with an initial amount of their choice and set a limit in their savings or current More

Book now

Green Fixed Deposits

Known as ‘sweep-out facility on fixed deposits’, it is available only for Senior Citizens, Minors and Non-individual accounts and can be set up at any branch of IDFC FIRST Bank. More

Book now

Super Senior Citizen Fixed Deposits

Known as ‘sweep-out facility on fixed deposits’, it is available only for Senior Citizens, Minors and Non-individual accounts and can be set up at any branch of IDFC FIRST Bank. More

Book now

Eligibility

Resident Indian with 18+ years of age

Valid PAN and Aadhaar number

Located in India.

Not necessary to have a savings account with IDFC FIRST Bank.

Customers with an existing savings account with IDFC FIRST bank can open their fixed deposit linked to their savings account.

Blogs

step

What is the monthly interest you can earn from Fixed Deposits?

18 Mar 2023 | 3 mins read
step

Why fixed deposits are so popular amongst Indians?

18 Mar 2023 | 3 mins read
step

What does “assured returns” mean for Fixed Deposits?

18 Mar 2023 | 3 mins read
Know more

FAQs

What is a Standalone Fixed Deposit (FD) with IDFC FIRST Bank?

How do I open an FD without a savings account with IDFC FIRST Bank?

What interest rates can I expect with IDFC FIRST Bank’s FD?

What factors influence the FD interest rate?

What is the impact of tax on FD?

Are there any benefits for senior citizens?

Can I foreclose my FD, and are there any penalties?

Is there an option for monthly interest payouts?

What is the minimum amount required to open an FD?

How safe is my investment in an FD with IDFC FIRST Bank?

Can I manage my FD through the IDFC FIRST Bank app?

What is the minimum amount required to open an FD?

What is the minimum amount required to open an FD?

What is the minimum amount required to open an FD?

What is a Standalone Fixed Deposit (FD) with IDFC FIRST Bank?

What is the minimum amount required to open an FD?

What is a Standalone Fixed Deposit (FD) with IDFC FIRST Bank 2?

How do I open an FD without a savings account with IDFC FIRST Bank?

What interest rates can I expect with IDFC FIRST Bank’s FD?

What factors influence the FD interest rate?

What is the impact of tax on FD?

Are there any benefits for senior citizens?

Can I foreclose my FD, and are there any penalties?

Is there an option for monthly interest payouts?

What is the minimum amount required to open an FD?

How safe is my investment in an FD with IDFC FIRST Bank?

Can I manage my FD through the IDFC FIRST Bank app?

What is the minimum amount required to open an FD?

What is the minimum amount required to open an FD?

What is the minimum amount required to open an FD?

What is a Standalone Fixed Deposit (FD) with IDFC FIRST Bank?

What is the minimum amount required to open an FD?