IDFC FIRST Bank FD Calculator 2026 — Current Interest Rates & Maturity Value
IDFC FIRST Bank currently offers FD interest rates starting from 7.25% p.a. for regular depositors and 7.75% for senior citizens (May 2026). A ₹5 Lakh deposit for 5 years matures to approximately ₹7.16 L (regular) or ₹7.34 L (senior). Use the calculator below to check maturity for your specific amount and tenure.
Last updated: 24 May 2026, 10:00 AM IST
Maturity Amount
₹7.16 L
at 7.25% for 5 years (quarterly compounding) at IDFC FIRST Bank
IDFC FIRST Bank — FD Details
Regular Rate
7.25% p.a.
Senior Citizen Rate
7.75% p.a.
TDS on FD Interest
TDS at 10% on interest exceeding ₹40,000/year (₹50,000 for seniors). Digital form 15G/15H submission available on app.
Premature Withdrawal
Premature withdrawal allowed. Penalty varies by tenure: 0.50–1.00% below applicable rate. Higher rates often available on special tenure deposits.
Minimum Deposit
₹10,000 (regular), ₹10,000 (tax-saver)
Data Sources
- RBI — Master Direction on Interest Rates (2026) — www.rbi.org.in
- Bank Websites — Latest FD Rates (May 2026) — www.rbi.org.in
- Income Tax Act — TDS on FD Interest (2025) — incometaxindia.gov.in
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Important: This calculator provides estimates based on the inputs and assumptions you provide. Results are mathematical projections, not financial advice or recommendations. Actual outcomes will vary based on market conditions, policy changes, individual circumstances, and factors not captured by this tool. Verify all figures independently and consult qualified professionals before making financial decisions.
IDFC FIRST Bank FD — Rates, TDS & Withdrawal Rules
A depositor places ₹5 Lakh in a IDFC FIRST Bank FD at 7.25% for 5 years with quarterly compounding. The maturity amount is ₹7.16 L, earning ₹2.16 L in interest. For a senior citizen at 7.75%, the same deposit matures to ₹7.34 L — an extra ₹17,791 benefit. IDFC FIRST Bank's minimum deposit is ₹10,000 (regular), ₹10,000 (tax-saver). On premature withdrawal: premature withdrawal allowed. Penalty varies by tenure: 0.50–1.00% below applicable rate. Higher rates often available on special tenure deposits. Regarding TDS: tDS at 10% on interest exceeding ₹40,000/year (₹50,000 for seniors). Digital form 15G/15H submission available on app. Always compare rates across tenures — the highest rate may be for a specific tenure (e.g., 1–2 years) rather than the standard 5-year term.
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Frequently Asked Questions
What is IDFC FIRST Bank FD interest rate 2026?
IDFC FIRST Bank offers FD rates of 7.25% for regular depositors and 7.75% for senior citizens (as of May 2026). Rates vary by tenure — check the rate slab on our FD rates page.
What is the maturity of ₹5 Lakh FD in IDFC FIRST Bank?
At 7.25% for 5 years (quarterly compounding), ₹5 Lakh matures to approximately ₹7.16 L. Senior citizens at 7.75% get ₹7.34 L.
What is the premature withdrawal penalty at IDFC FIRST Bank?
Premature withdrawal allowed. Penalty varies by tenure: 0.50–1.00% below applicable rate. Higher rates often available on special tenure deposits.
How is TDS calculated on IDFC FIRST Bank FD?
TDS at 10% on interest exceeding ₹40,000/year (₹50,000 for seniors). Digital form 15G/15H submission available on app.
What is the minimum FD amount at IDFC FIRST Bank?
The minimum FD amount at IDFC FIRST Bank is ₹10,000 (regular), ₹10,000 (tax-saver).
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Disclaimer: This calculator provides estimates based on the interest rates and tenure shown. Actual maturity may vary based on the bank's specific compounding method and any rate revisions during the tenure. Bank rates are sourced from public data and may not reflect the latest changes — always confirm with your bank before investing. TDS is deducted at source if applicable. This is not financial advice. RupayWise is not a deposit broker or financial advisor.