FD Rates Revised: Get The Highest Interest Rate of 7.20% On 450 Days To 5 Years Tenure From This Bank

Many institutions, including Yes Bank, HDFC Bank, Bandhan Bank, PNB, Axis Bank, and others, have altered the interest rates on fixed deposits. As the private sector lender changed its fixed deposit interest rates for deposits under Rs 3 Cr, IDFC First Bank entered the competition. The new rates take effect on March 4, 2026.

For both general and senior citizens, IDFC FIRST Bank has the best fixed deposit rates. An additional benefit for senior citizens is the opportunity to earn 0.50% additional interest on deposits made for less than Rs 3 crore. Senior citizens who withdraw early from FDs opened for less than Rs 3 crore are not subject to penalties.

IDFC First Bank FD Rates

The bank will give an interest rate of 3% for fixed deposit maturities ranging from 7 to 45 days, while IDFC First Bank will offer an interest rate of 4.00% for terms ranging from 46 to 90 days. IDFC First Bank FDs that mature between 91 and 180 days will now get an interest rate of 4.50%, while FDs that mature between 181 and less than a year will now receive an interest rate of 5.50%. IDFC First Bank is now offering interest rates of 6.30% and 7.00% for terms ranging from one year to 370 days and 371 days to 449 days, respectively.

Period	Rate of Interest (% p.a.) w.e.f. 4th March 2026 Less than INR 3 Crores
7 days - 14 days	3.00%
15 days - 29 days	3.00%
30 days - 45 days	3.00%
46 days - 90 days	4%
91 days - 180 days	4.5%
181 days - less than 1 Year	5.50%
1 year	6.30%
1 year 1 day to 370 days	6.30%
371 days - 449 days	7.00%
450 days - 2 years	7.20%
2 years 1 day - 5 years	7.20%
5 years 1 day - 10 years	6.00%
Tax Saver Deposit - 5 Years	7.20%
Green Deposits - 375 days	7.00%

IDFC First Bank is offering the highest interest rate of 7.20% on fixed deposits maturing in 450 days to 5 years, and on long term deposits of 5 to 10 years, the bank will pay a rate of interest of 6.00%. On tax saver deposits maturing in 5 years, the bank is offering an interest rate of 7.20% whereas on green fixed deposits maturing in 375 days, IDFC First Bank will now promise an interest rate of 7.00%.

"The incentive for Senior Citizens will be at an additional spread of 0.50% p.a. over the above rate and will not be available for NRE or NRO Fixed Deposits," IDFC First Bank has mentioned on its website.'

IDFC First Bank RD Rates

IDFC First Bank additionally revised the interest rates on domestic, NRE, and NRO recurring deposits (RDs) as of March 4, 2026. For recurring deposits, the minimum and maximum monthly installments shall be Rs. 100 and Rs. 1,25,000, respectively. Senior citizens will receive an additional spread of 0.50% annually. exceeding the aforementioned rate, and will not be accessible for recurring NRE or NRO deposits. Recurring deposits may only be scheduled in terms of six, nine, twelve, twenty-four, and thirty-six months starting on May 3, 2025.

Period	RD - Rate of Interest (% p.a.) w.e.f. 4th March 2026
6 months	5.50%
9 months	5.50%
12 months	6.30%
24 months	7.20%
36 months	7.20%