IDFC First Bank 1 Year FD rate: 6.9% (general) & 7.4% (senior citizen). Maturity for ₹5 Lakh: ₹5,35,403.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
IDFC First Bank offers 1 Year Fixed Deposit at 6.9% p.a. for general citizens and 7.4% p.a. for senior citizens. Interest is compounded quarterly. Premature withdrawal policy: 0.50% penalty on applicable rate.
Tenure: 1 Year · Quarterly compounding
| Deposit Amount | Maturity Amount | Interest Earned | Total Return |
|---|---|---|---|
| ₹25K | ₹26,770 | ₹1,770 | 7.1% |
| ₹50K | ₹53,540 | ₹3,540 | 7.1% |
| ₹1 Lakh | ₹1,07,081 | ₹7,081 | 7.1% |
| ₹2 Lakh | ₹2,14,161 | ₹14,161 | 7.1% |
| ₹5 Lakh | ₹5,35,403 | ₹35,403 | 7.1% |
| ₹10 Lakh | ₹10,70,806 | ₹70,806 | 7.1% |
| ₹25 Lakh | ₹26,77,015 | ₹1,77,015 | 7.1% |
| ₹50 Lakh | ₹53,54,030 | ₹3,54,030 | 7.1% |
| ₹1 Crore | ₹1,07,08,060 | ₹7,08,060 | 7.1% |
IDFC First Bank offers 1 Year Fixed Deposit at 6.9% p.a. for general citizens and 7.4% p.a. for senior citizens in 2026. Rates are subject to change.
A ₹5 Lakh FD in IDFC First Bank for 1 Year at 6.9% (quarterly compounding) will mature to approximately ₹5,35,403. The interest earned would be ₹35,403.
Yes, IDFC First Bank offers an additional benefit for senior citizens with a rate of 7.4% p.a. for 1 Year FD, which is 0.50% higher than the general rate.
The minimum deposit amount for IDFC First Bank Fixed Deposit is ₹10,000. Interest is compounded quarterly.
Yes, premature withdrawal is allowed. IDFC First Bank's premature withdrawal policy: 0.50% penalty on applicable rate. It's recommended to keep the FD till maturity for maximum returns.