Rates verified from official source

IDFC First Bank interest rates · November 2026

Top FD rate
7.25%
500 days – 2 years
Senior citizen FD
7.50%
500 days – 2 years
Top RD rate
7.25%
500 days – 2 years
Savings rate
7.00%
Balance above ₹3 lakh to ₹25 lakh
Top NRE FD rate
7.25%
500 days – 2 years
Top FCNR(B) rate
4.75%
USD · 4 Yrs to < 5 Yrs

IDFC First FD rates

1 year6.50%Senior 6.75%3 years7.10%Senior 7.35%5 years6.75%Senior 7.00%
All tenures, calculator and comparison →

What will my FD earn at IDFC First?

Estimated value after 1 year · before tax ₹5,33,301 6.50% p.a. · ₹33,301 interest · quarterly compounding
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Plan your recurring deposit at IDFC First

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Before opening an RD

Estimates assume on-time monthly installments and quarterly compounding. Confirm the term, minimum installment, late payment rules, and early closure terms with the bank.

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Overview

IDFC First Bank (IDFC First) is a private sector bank, headquartered in Mumbai, established in 2015. Its headline 1-year FD rate of 6.50% is 0.03% above the private sector average of 6.47%, ranking #594 of 1033 banks on RateScan.in.

Headquarters
Mumbai
Established
2015
Branches
~900 approx.
Monitored since
19 Sept 2026
Ownership
Private sector bank (publicly listed)
Operates in
All India (nationwide)

Figures marked “approx.” are rounded public estimates as of 2024.

Financial health
CRAR
16.11%
Capital adequacy
Net NPA
0.58%
Bad loans (net)
Credit rating CRISIL
AAA
Rating details ↓

Health indicators sourced from official 2025 disclosures. CRAR ≥ 16% = strong · Net NPA < 1% = healthy · Verify before investing.

Rates as of 4 Oct 2026, verified from official source. Scheduled private sector bank: deposits insured by DICGC up to ₹5,00,000.

RBI record

Every RBI press release since 1 Jan 2024 that names IDFC First Bank, newest first, each linked to RBI. Checked every week; last on 11 Nov 2026.

A monetary penalty is a fine for not following an RBI rule. On its own it does not stop the bank taking or repaying deposits; RBI does that through directions, which are listed here when they apply.

  1. RBI fined the bank ₹38.60 lakh

    RBI's reason: “for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’”

    What RBI found

    “The bank failed to undertake requisite Customer Due Diligence process for opening current accounts of certain sole proprietary firms.”

    RBI says: “This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.”

    RBI press release 2025-2026/134

  2. RBI fined the bank ₹1.00 crore

    RBI's reason: “for non-compliance with certain directions issued by RBI on ‘Loans and Advances – Statutory and Other Restrictions’”

    What RBI found

    “The bank had sanctioned term loans to a public sector undertaking for financing infrastructure projects, (i) without undertaking due diligence on the viability and bankability of the projects to ensure that revenue streams from the projects were sufficient to take care of the debt servicing obligations and (ii) the repayment / servicing of the said term loans was made out of budgetary resources.”

    RBI says: “The action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transactions or agreement entered into by the bank with its customers.”

    RBI press release 2024-2025/54

This record covers RBI press releases only. Other actions, such as those of a state's Registrar of Co-operative Societies, are not included.

Branches

1,182 branches in 298 districts

Most branches: Bengaluru Urban 70, Delhi 68, Mumbai 52

From RBI's IFSC directory (updated 1 Nov 2026). Counts can include recently merged or closed branches; check the bank's branch locator before visiting.

IDFC First Fixed Deposit rate changes

Changes to IDFC First's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 19 Sept 2026. Each date is when RateScan.in first recorded the new rate; the bank's own effective date is in the rate table above.

No change to IDFC First's fixed deposit (FD) rates has been recorded since tracking started on 19 Sept 2026.

Compare IDFC First with other banks

See IDFC First FD rates side by side against India's top banks.

IDFC First vs SBIIDFC First vs PNBIDFC First vs BoBIDFC First vs CanaraIDFC First vs UnionIDFC First vs BOIIDFC First vs HDFCIDFC First vs ICICIIDFC First vs AxisIDFC First vs KotakIDFC First vs IndusIndIDFC First vs YesIDFC First vs FederalIDFC First vs BandhanIDFC First vs RBLIDFC First vs AUIDFC First vs EquitasIDFC First vs Ujjivan

Credit rating

What independent credit rating agencies say about IDFC First Bank. Every rating links to the document it comes from, so you can check it yourself.

AAA
Headline rating
Fixed deposits · CRISIL · Stable
Highest safety: lowest credit risk
Latest rating action: 16 Oct 2026
AgencyInstrument RatingOutlook PublishedSource
CRISIL Fixed deposits ₹1,60,000 cr AAA Stable Reaffirmed
16 Oct 2026
 Agency rationale
CRISIL Basel III Tier II bonds ₹8,000 cr AA+ Stable Reaffirmed
16 Oct 2026
 Agency rationale
India Ratings Basel III Tier II bonds AA+ Stable Reaffirmed
1 Oct 2026
 Exchange filing
ICRA Basel III Tier II bonds ₹3,000 cr AA+ Stable Reaffirmed
16 May 2026
 Exchange filing
Brickwork Non-convertible debentures ₹406.9 cr AA+ Stable Reaffirmed
8 Oct 2026
 Exchange filing
CARE Infrastructure / long-term bonds
Long-term instruments
 AA+ Stable Reaffirmed
1 Oct 2026
 Exchange filing
India Ratings Infrastructure / long-term bonds AA+ Stable Reaffirmed
1 Oct 2026
 Exchange filing
CRISIL Certificates of deposit (short-term) ₹45,000 cr A1+ – Reaffirmed
16 Oct 2026
 Agency rationale

Note: CRISIL rates IDFC FIRST's fixed deposits AAA and its Tier II bonds AA+.

How to read these ratings
  • Scale: AAA is the highest long-term grade (lowest credit risk), then AA (very low risk), A (low risk) and BBB (moderate risk, the lowest investment grade). A + or − moves a grade up or down a notch. Short-term ratings such as A1+ cover obligations of up to a year.
  • Outlook: Stable, Positive or Negative is the agency's view of where the rating is likely to go over the next one to two years. Rating watch means the agency is reviewing the rating after a specific event, such as a change of owner.
  • Instrument: a rating belongs to a specific instrument, not to the whole bank. Tier I (AT1) and Tier II bonds can be written down if the RBI declares a bank non-viable, so they are usually rated no higher than the bank's deposits.
  • Headline grade: we use the rating on fixed deposits where an agency gives one; otherwise the issuer or Tier II rating. We take each agency's latest rating and show the lowest, so the headline is never more generous than any agency's latest view.
  • A rating is an opinion about the ability to repay on time. It is not a guarantee or a recommendation. Whatever the rating, deposits in a bank are insured by DICGC up to ₹5 lakh per depositor per bank (principal and interest together).

Sources: we list a rating only when we can point to the document that states it: the agency's own rating rationale, the bank's Regulation 30 filing on the NSE or BSE, a rating letter, or the bank's own rating page. A weekly automated check re-opens each linked document to confirm it still shows the grade and scans stock-exchange announcements for new rating filings. Last checked: 9 Nov 2026.

Check it yourself: CRISIL · ICRA · CARE · India Ratings · Infomerics

Ratings change. Confirm the current rating with the agency before you invest. This is information, not investment advice.

Good to know

  • Deposits with IDFC First Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal and interest combined, across all its branches). Anything above that is not insured.
  • IDFC First is a private sector bank regulated by the RBI.
  • Senior citizens (60+) earn up to 0.25% p.a. more than general customers at IDFC First, depending on the tenure.
official Effective 4 Oct 2026 · Ingested 25 Oct 2026 · Verified 13 Nov 2026 · View source

Informational only. Always confirm the current rate on the official IDFC First website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.