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Introducing IDFC FIRST Bank Fixed Deposits, a fast and secure way to invest your money. With interest up to 7.90% interest per annum, it is designed to meet the needs of investors who wish to strike a balance between growth and security.
Our simplified digital process allows you to open a fixed deposit in three quick steps, with or without having a savings account with IDFC FIRST Bank. Benefit from the power of compounded growth and flexible pay-outs, tailored to your financial goals.
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Earn high interest on surplus funds:
Invest in IDFC FIRST Bank Fixed Deposits and benefit from one of the best interest rates in the industry.
Benefit for senior citizens:
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:
Gain a control on your interest pay-outs with IDFC FIRST Bank Fixed Deposits. There are three options for this - monthly, quarterly or at maturity interest pay-outs.
Benefit of compounding:
You can benefit from the option of quarterly compounding where the interest is paid at maturity, along with the principal amount of your fixed deposit.
Overdraft facility:
On select fixed deposits, IDFC FIRST Bank offers an overdraft facility to borrow against the deposit amount.
Instant, Digital Fixed Deposit 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.
High Returns
Enjoy up to 7.90% interest p.a., with safety and stability. Senior Citizens enjoy an additional interest rate of 0.5% p.a.
Flexible Tenures and Pay-outs
Choose a tenure, from 7 days to 10 years, that fits your saving goals and opt for payouts monthly, quarterly, or at maturity.
Zero Penalty
For senior citizens, we offer zero penalty on early fixed deposit withdrawal to help increase flexibility in financial planning.
Full KYC Completion
Complete your KYC from the comfort of your home by using the “Video KYC” feature and enjoy unrestricted benefits.
Low Booking Amount
You can start investing with an amount as low as Rs.5000/- for Digital FDs and with Rs. 10,000/- for Offline FDs.
Only 3 Steps To Open Your Digital Fixed Deposit !
Standard Fixed Deposits
In this, customers deposit their money for a fixed tenure usually ranging between 7 days and 10 years, with a higher interest rate than savings account.
Senior Citizens 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.
Flexi Fixed Deposits
It is linked to customers’ savings or current account. They can choose an initial amount, set a limit in their account to enable an automatic transfer of any balance that exceeds the limit, known as ‘sweep-out facility on FD’ and open a Flexi Fixed Deposit. More
Eligibility
FAQs