IDFC FIRST Bank FD interest rates for 1, 2, 3 and 5 years
Last checked 3 November 2026. Rate card date not stated by the bank. Deposits below ₹3 crore.
IDFC FIRST Bank pays its best rate among these terms on 2 years: 7.10%, or 7.35% for senior citizens. That ranks 9th of 33 banks we track for 2 years. On a 2-year deposit it pays more than SBI (6.40%).
IDFC FIRST FD rates by term
| Term | Rate | Senior rate | ₹5 lakh becomes | Rank |
|---|---|---|---|---|
| 1 year Slab: 1 year to 370 days | 6.50% | 6.75% | ₹5,33,301 | 13th of 33 |
| 2 years Slab: 500 days to 3 years | 7.10% | 7.35% | ₹5,75,571 | 9th of 33 |
| 3 years Slab: 500 days to 3 years | 7.10% | 7.35% | ₹6,17,538 | 9th of 33 |
| 5 years Slab: 3 years 1 day to 5 years | 6.75% | 7.00% | ₹6,98,749 | 8th of 33 |
| Tax saver, 5 years 80C, old regime only | 6.75% | 7.00% | ₹6,98,749 | Compare |
Interest compounds every quarter and is paid at maturity, before tax. Source: IDFC FIRST Bank deposit rates. Each rate is the slab that contains that exact term.
How IDFC FIRST compares
- 1 year: the highest rate we track is Ujjivan Small Finance Bank at 7.25%, 0.75 percentage points more. On ₹5 lakh that is ₹3,947 extra.
- 2 years: the highest rate we track is ESAF Small Finance Bank at 7.75%, 0.65 percentage points more. On ₹5 lakh that is ₹7,393 extra.
- 3 years: the highest rate we track is Jana Small Finance Bank at 8.00%, 0.90 percentage points more. On ₹5 lakh that is ₹16,583 extra.
- 5 years: the highest rate we track is Jana Small Finance Bank at 7.77%, 1.02 percentage points more. On ₹5 lakh that is ₹35,892 extra.
Similar banks: Yes Bank (7.00% for 2 years), RBL Bank (7.00% for 2 years), IndusInd Bank (7.25% for 2 years), City Union Bank (7.30% for 2 years).
Amounts at IDFC FIRST
- ₹1 lakh for 2 years at 7.10% becomes ₹1,15,114.
- ₹10 lakh for 2 years at 7.10% becomes ₹11,51,142.
Questions people ask
What is the IDFC FIRST FD rate for 1 year?
IDFC FIRST Bank pays 6.50% a year on a 1-year deposit below ₹3 crore (6.75% for senior citizens). ₹5 lakh grows to ₹5,33,301. The slab is "1 year to 370 days".
What is the IDFC FIRST FD rate for 2 years?
IDFC FIRST Bank pays 7.10% a year on a 2-year deposit below ₹3 crore (7.35% for senior citizens). ₹5 lakh grows to ₹5,75,571. The slab is "500 days to 3 years".
What is the IDFC FIRST FD rate for 3 years?
IDFC FIRST Bank pays 7.10% a year on a 3-year deposit below ₹3 crore (7.35% for senior citizens). ₹5 lakh grows to ₹6,17,538. The slab is "500 days to 3 years".
What is the IDFC FIRST FD rate for 5 years?
IDFC FIRST Bank pays 6.75% a year on a 5-year deposit below ₹3 crore (7.00% for senior citizens). ₹5 lakh grows to ₹6,98,749. The slab is "3 years 1 day to 5 years".
What is the IDFC FIRST tax-saver FD rate?
6.75% for 5 years (7.00% for senior citizens). It qualifies for 80C in the old tax regime and cannot be broken before 5 years.
Is money in a IDFC FIRST FD safe?
IDFC FIRST Bank is a private bank. DICGC insures deposits up to ₹5 lakh per depositor per bank, principal and interest together.
More FD rate pages
1-year FD rates · 2-year FD rates · 3-year FD rates · 5-year FD rates · Senior citizen FD rates · Tax-saver FD rates · All FD rate pages · Post office FD rates · SCSS interest rate