IDFC First Bank revises fixed deposit interest rates: Check details here

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IDFC First Bank provides short-term FDs ranging from seven days to one year and long-term FDs ranging from one to ten years. The private sector lender's FD interest rates range from 2.75 percent p.a. to 5.75 percent p.a. for deposits with a tenure of 7 days to ten years.

Punjab National Bank (PNB) revised the interest rates on retail term deposits earlier in January.

Here are the IDFC First Bank latest FD interest rates on bulk deposits

IDFC First Bank offers 2.75 percent interest rate for FDs maturing in seven days to 14 days. The bank gives 2.85 percent and 3.10 percent interest rate respectively for 15-60 days and 61-90 days. For term deposits maturing in 92-180 days 3.55 percent, and 181-270 days 3.80 percent.

IDFC First Bank FD interest rates for long term deposits with tenure of 3 years to 10 years are 5.70 percent. It is effective from January 16, 2021.