- Fixed Deposit Rates In Usa
- Fixed Deposit Rates In India
- Idfc Fixed Deposit Rates In India
- Fixed Deposit Rates Singapore
IDFC First Bank provides short-term FDs ranging from seven days to one year and long-term FDs ranging from one to ten years. The private sector lender's FD interest rates range from 2.75 percent. Features & 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%.
Table of Contents
- 2 Fixed Deposit Interest Rates
- 2.5 Key features of IDFC Bank Fixed Deposit
About IDFC Bank Fixed Deposit
Fixed deposits are the best way to invest your money in a secure and profitable way. By investing your money in a fixed deposit scheme, you have the opportunity to earn good returns for your invested amount.
To open a fixed deposit account at IDFC Bank, you first need to have an account at the bank. There are no penal charges for premature withdrawal of FDs and the minimum amount for opening a Fixed Deposit at Yes Bank is ₹10,000/- only.
Fixed Deposit Interest Rates
For the deposit of less than ₹2 crore w.e.f January 01, 2020
| Tenure | Rate of Interest (per annum) | Rate of Interest (p.a) for Senior Citizens |
|---|---|---|
| 7 - 14 days | 4.00% | 4.50% |
| 15 - 29 days | 5.00% | 5.50% |
| 30 - 45 days | 6.25% | 6.75% |
| 46 - 60 days | 6.50% | 7.00% |
| 61 - 90 days | 6.50% | 7.00% |
| 91 - 180 days | 6.75% | 7.25% |
| 181 - 270 days | 7.00% | 7.50% |
| 271 - 365 days | 7.00% | 7.50% |
| 1 year to 499 days | 7.25% | 7.75% |
| 500 days | 7.50% | 8.00% |
| 501 days to 2 years | 7.25% | 7.75% |
| 2 years 1 day – 5 years | 7.25% | 7.75% |
| 5 years 1 day – 10 years | 7.25% | 7.75% |
Eligibility For IDFC Bank Fixed Deposit
1. Individuals
2. Sole Proprietorship
3. Hindu Undivided Family
4. Partnership Firm
5. Limited Liability Partnership (LLP)
6. Private/Public Limited Company
7. Trust, Association, Society
8. Government/Quasi Government Institutions (including Municipal Corporation,
9. Joint Ventures
10. Liaison/Representative/Branch Office of foreign companies
11. Embassy Offices in India
Documents required
| ID Proof | Address Proof |
|---|---|
| Passport | Passport |
| PAN Card | Telephone Bill |
| Driving Licence | Electricity Bill |
| Voter ID | Electricity Bill |
| Government ID Card | Bank Statement with Cheque |
| Photo Ration Card | Certificate/ID Card issued by Post office |
| Senior Citizen ID Card |
IDFC Bank Fixed Deposit Calculator:
Now you can calculate the interest rate for your fixed deposit amount. The FD calculator lets you know the interest you can earn on your investment on maturity as per the time period of your choice.
Steps To Apply
The procedure to apply for the IDFC bank fixed deposit scheme is very easy. All you have to do is, contact the branch along with the documents and complete application form. Make sure the documents you submit at the bank are genuine.
IDFC Bank Fixed Deposit Form
Fill in the details of the IDFC bank FD form as per the documents submitted. It is mandatory to mention the deposit type, amount, and tenure, along with the basic details of the applicant/s.
Key features of IDFC Bank Fixed Deposit
- There are no penal charges for premature withdrawal or early closure
- High returns
- The minimum amount to open an FD account is ₹10,000/-
IDFC Bank Customer Care
Fixed Deposit Rates In Usa
There is a 24*7 toll-free number for the customers to contact IDFC Bank. You can also go to your nearest branch or ATM for any query related to your account.
For Personal Banking: 1800 419 4332
For Bharat Banking: 1800 419 7332
For Commercial & Wholesale Banking: 1800 419 8332
Idfc Bank Limited Fixed Deposit Interest Rate Calculator calculates the interest earned on a fixed deposit with the help of outlined components:
Fixed Deposit Rates In India
(1) Deposit Amount
It is an amount which an FD account holder wants to invest in the fixed deposit. It is also called principal. It is to be remembered that this amount can be deposited only once hence you have to decide the amount to be invested according to your investment objectives.
(2) Interest Rate
It is the rate of interest offered by the bank where you open the FD. It differs for different tenures. Once FD is opened for a specific tenure then the interest rate will remain the same for the whole tenure.
(3) Term of Deposit (FD Tenure)
Idfc Fixed Deposit Rates In India
It is the duration for which the amount is invested in an FD which may vary from 7 days to 10 years. In the calculator, you can select the tenure in days, months or year.
(4) Compounding of Interest
Fixed Deposit Rates Singapore
Interest can be compounded on monthly, quarterly, half yearly or annual basis. It can be a simple interest as well. You need to enter it based on the offer by the bank.