The private sector lender IDFC First Bank has revised its interest rates on Domestic, NRE, NRO deposits of Rs. 2 Cr and above. The new rates are effective as of December 28, 2021, according to data from the bank's official website. The bank has kept its interest rates steady on deposits of less than Rs. 2 crores, which were last amended on November 23, 2021.
IDFC First Bank Interest Rates On Domestic, NRE, NRO Deposits of Rs. 2 Cr & Above
IDFC First Bank is providing the following interest rates on domestic, NRE, and NRO deposits with effect from December 28, 2021, where premature withdrawal is not authorised for amounts ranging from Rs. 2 crore to Rs. 25 crore.
| Tenor | Rs 2 Cr to Rs 5 Cr | Rs 5 Cr to Rs 10 Cr | Rs 10 Cr to Rs 15 Cr | Rs 15 Cr to Rs 25 Cr |
|---|---|---|---|---|
| 7 - 14 days | 3.00% | 3.00% | 3.00% | 3.00% |
| 15 - 35 days | 3.15% | 3.15% | 3.15% | 3.15% |
| 36 - 45 days | 3.20% | 3.20% | 3.20% | 3.20% |
| 46 - 60 days | 3.45% | 3.45% | 3.45% | 3.45% |
| 61 - 91 days | 3.55% | 3.55% | 3.55% | 3.55% |
| 92 - 180 days | 4.00% | 4.00% | 4.00% | 4.00% |
| 181 - 270 days | 4.45% | 4.45% | 4.45% | 4.45% |
| 271 - 365 days | 4.65% | 4.65% | 4.65% | 4.65% |
| 366 - 399 days | 4.80% | 4.80% | 4.80% | 4.80% |
| 400 - 540 days | 4.80% | 4.80% | 4.80% | 4.80% |
| 541 - 731 days | 4.80% | 4.80% | 4.80% | 4.80% |
| 732 - 1095 days | 4.80% | 4.80% | 4.80% | 4.80% |
| 3 years 1days - 5 years | 5.00% | 5.00% | 5.00% | 5.00% |
| 5 Year 1 Day - 8 Years | 5.00% | 5.00% | 5.00% | 5.00% |
| 8 Year 1 Day - 10 Years | 5.00% | 5.00% | 5.00% | 5.00% |
| Source: Bank Website. Effective December 28, 2021 |
IDFC First Bank Interest Rates On Domestic, NRE, NRO Deposits of Rs. 2 Cr & Above (With premature withdrawal option)
With effect from December 28, 2021, IDFC First Bank is offering the following interest rates on domestic, NRE, and NRO deposits, with premature withdrawals on term deposits of Rs. 2 crore to Rs. 25 crore.
| Tenor | Rs 2 Cr to Rs 5 Cr | Rs 5 Cr to Rs 10 Cr | Rs 10 Cr to Rs 15 Cr | Rs 15 Cr to Rs 25 Cr |
|---|---|---|---|---|
| 7 - 14 days | 3.00% | 3.00% | 3.00% | 3.00% |
| 15 - 35 days | 3.15% | 3.15% | 3.15% | 3.15% |
| 36 - 45 days | 3.20% | 3.20% | 3.20% | 3.20% |
| 46 - 60 days | 3.30% | 3.30% | 3.30% | 3.30% |
| 61 - 91 days | 3.40% | 3.40% | 3.40% | 3.40% |
| 92 - 180 days | 3.85% | 3.85% | 3.85% | 3.85% |
| 181 - 270 days | 4.30% | 4.30% | 4.30% | 4.30% |
| 271 - 365 days | 4.50% | 4.50% | 4.50% | 4.50% |
| 366 - 399 days | 4.60% | 4.60% | 4.60% | 4.60% |
| 400 - 540 days | 4.60% | 4.60% | 4.60% | 4.60% |
| 541 - 731 days | 4.60% | 4.60% | 4.60% | 4.60% |
| 732 - 1095 days | 4.60% | 4.60% | 4.60% | 4.60% |
| 3 years 1days - 5 years | 4.80% | 4.80% | 4.80% | 4.80% |
| 5 Year 1 Day - 8 Years | 4.80% | 4.80% | 4.80% | 4.80% |
| 8 Year 1 Day - 10 Years | 4.80% | 4.80% | 4.80% | 4.80% |
| Source: Bank Website. Effective December 28, 2021 |
IDFC First Bank Interest Rates On Domestic, NRE, NRO Deposits of More than Rs 25 Cr (Without premature withdrawal)
With effect from December 28, 2021, IDFC First Bank is offering the following interest rates on domestic, NRE, and NRO deposits, where premature withdrawal is not permitted for amounts of above Rs 25 crore.
| Tenor | Rs. 25 crs. <= 25.25 crs | Rs. 25.25 crs <= Rs. 100 crs | Rs. 100 crs. <= Rs. 200 crs | (> Rs. 200 crs) |
|---|---|---|---|---|
| 7 - 14 days | 3.00% | 3.00% | 3.00% | 3.00% |
| 15 - 35 days | 3.15% | 3.15% | 3.15% | 3.15% |
| 36 - 45 days | 3.25% | 3.25% | 3.25% | 3.25% |
| 46 - 60 days | 3.50% | 3.50% | 3.50% | 3.50% |
| 61 - 75 days | 3.55% | 3.55% | 3.55% | 3.55% |
| 76 - 110 days | 3.65% | 3.65% | 3.65% | 3.65% |
| 111 - 150 days | 4.00% | 4.00% | 4.00% | 4.00% |
| 151 - 200 days | 4.05% | 4.05% | 4.05% | 4.05% |
| 201 - 270 days | 4.50% | 4.50% | 4.50% | 4.50% |
| 271 - 330 days | 4.65% | 4.65% | 4.65% | 4.65% |
| 331 - 364 days | 4.75% | 4.75% | 4.75% | 4.75% |
| 365 - 399 days | 4.85% | 4.85% | 4.85% | 4.85% |
| 400 - 540 days | 4.85% | 4.85% | 4.85% | 4.85% |
| 541 - 731 days | 4.85% | 4.85% | 4.85% | 4.85% |
| 732 - 1095 days | 5.00% | 5.00% | 5.00% | 5.00% |
| 3 years 1days - 5 years | 5.00% | 5.00% | 5.00% | 5.00% |
| 5 Year 1 Day - 8 Years | 5.00% | 5.00% | 5.00% | 5.00% |
| 8 Year 1 Day - 10 Years | 5.00% | 5.00% | 5.00% | 5.00% |
| Source: Bank Website. Effective December 28, 2021 |
IDFC First Bank Interest Rates On Domestic, NRE, NRO Deposits of More than Rs 25 Cr (With premature withdrawal)
| Tenor | Rs. 25 crs. <= 25.25 crs | Rs. 25.25 crs <= Rs. 100 crs | Rs. 100 crs. <= Rs. 200 crs | (> Rs. 200 crs) |
|---|---|---|---|---|
| 7 - 14 days | 3.00% | 3.00% | 3.00% | 3.00% |
| 15 - 35 days | 3.00% | 3.15% | 3.15% | 3.15% |
| 36 - 45 days | 3.00% | 3.25% | 3.25% | 3.25% |
| 46 - 60 days | 3.00% | 3.35% | 3.35% | 3.35% |
| 61 - 75 days | 3.00% | 3.40% | 3.40% | 3.40% |
| 76 - 110 days | 3.00% | 3.50% | 3.50% | 3.50% |
| 111 - 150 days | 3.00% | 3.85% | 3.85% | 3.85% |
| 151 - 200 days | 3.00% | 3.90% | 3.90% | 3.90% |
| 201 - 270 days | 3.00% | 4.35% | 4.35% | 4.35% |
| 271 - 330 days | 3.00% | 4.50% | 4.50% | 4.50% |
| 331 - 364 days | 3.25% | 4.55% | 4.55% | 4.55% |
| 365 - 399 days | 3.25% | 4.65% | 4.65% | 4.65% |
| 400 - 540 days | 3.25% | 4.65% | 4.65% | 4.65% |
| 541 - 731 days | 3.25% | 4.65% | 4.65% | 4.65% |
| 732 - 1095 days | 3.25% | 4.80% | 4.80% | 4.80% |
| 3 years 1days - 5 years | 3.25% | 4.80% | 4.80% | 4.80% |
| 5 Year 1 Day - 8 Years | 3.25% | 4.80% | 4.80% | 4.80% |
| 8 Year 1 Day - 10 Years | 3.25% | 4.80% | 4.80% | 4.80% |
| Source: Bank Website. Effective December 28, 2021 |
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