IDFC FIRST Bank FD Calculator

IDFC FIRST Bank Fixed Deposits Explained

IDFC FIRST Bank offers retail term deposits from 7 days to 10 years through its mobile app, net banking or a branch. The bank was formed in December 2018 by merging IDFC Bank with Capital First, a retail-focused NBFC — so unlike most private banks it assembled a retail deposit franchise from scratch rather than inheriting one, which is why its deposit pricing has generally sat above the largest private peers.

IDFC FIRST Bank FD Schemes You Can Open

The deposit range divides by interest treatment and by how reachable the money is:

• •Cumulative deposit — Interest compounds quarterly and is paid with the principal at maturity — the structure modelled above.
• •Non-cumulative deposit — Interest is credited monthly or quarterly to a linked account instead of compounding.
• •Tax-saving deposit (5-year) — Qualifies under Section 80C within the ₹1,50,000 annual ceiling, locked for the full term.
• •Senior citizen variant — Carries the increment extended to resident depositors aged 60 and above.

IDFC FIRST Bank FD Tenure Slabs and Deposit Rules

Tenure decides how the interest is worked out, not just how long the money is tied up. Below roughly six months there is no completed quarter, so interest is simple; past that it compounds quarterly.

How to Check IDFC FIRST Bank FD Interest Rates

IDFC FIRST Bank FD rates are quoted per tenure slab and revised as policy and funding needs shift, so a one-year and a three-year deposit opened on the same morning can price differently.

IDFC FIRST publishes its domestic deposit card on idfcfirstbank.com and inside the mobile app, quoted per tenure bucket with a separate senior citizen column. IDFC FD interest rates are published per tenure bucket; note that IDFC Bank FD interest rates and IDFC fixed deposit rates all refer to this same card, which covers every retail tenure the bank accepts.

Take the current IDFC FIRST Bank fixed deposit rates for your exact tenure from the official card, then enter that number above.

What Is Specific to an IDFC FIRST Bank FD

• •Formed in December 2018 by merging IDFC Bank with Capital First, building a retail deposit base from scratch rather than inheriting one.
• •Having no inherited branch deposit base, IDFC FIRST built its funding through pricing rather than legacy relationships.
• •Premature closure is permitted on most retail deposits, with the penalty applied to the re-rated return.
• •Senior citizens receive the standard increment across eligible tenures.
• •The app handles opening, renewal and closure end to end with no branch visit.

Take the rate IDFC FIRST Bank quotes for your chosen tenure and enter it above to see the exact maturity value and the year-by-year interest accrual.

Compare lenders on the master FD calculator, or a monthly commitment on the RD calculator.