IDFC First Bank Savings Account interest rates · November 2026
What would I earn at IDFC First?
Enter a whole-rupee balance from ₹1 to ₹10 crore.
How this estimate works
Estimates use a steady balance and simple annual interest. Where the published bands give different results, we show two estimates: applying rates to each portion of the balance, and applying the selected rate to the entire balance. Confirm the method with the bank. The comparison table below uses its existing whole-balance estimate with quarterly compounding, so its figures can differ.
For insured banks, DICGC coverage for eligible deposits includes principal and accrued interest, up to ₹5 lakh across deposits held at the same bank in the same right and capacity. Deposit insurance details ↗
What if I put some in a 1-year FD?
Estimates are before tax. Check early withdrawal terms before choosing an FD.
Showing 1 of 3 rates.
| Tenure | General | Senior | Applies to | Effective On | Source |
|---|---|---|---|---|---|
Any tenure Balance up to ₹3 lakh |
2.50% | 2.50% | Balance up to ₹3 lakh | 4 Oct 2026 ✓ verified 13 Nov 2026 | official fetched 25 Oct 2026 |
Any tenure Balance above ₹3 lakh to ₹25 lakh |
7.00% | 7.00% | Balance above ₹3 lakh to ₹25 lakh | 4 Oct 2026 ✓ verified 13 Nov 2026 | official fetched 25 Oct 2026 |
Any tenure Balance above ₹25 lakh |
6.00% | 6.00% | Balance above ₹25 lakh | 4 Oct 2026 ✓ verified 13 Nov 2026 | official fetched 25 Oct 2026 |
No rates match these filters.
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How much should I keep accessible?
Use your usual balance to compare savings interest, or test keeping some money accessible and putting the rest in an FD.
See balance examples
IDFC First savings account return examples
| Balance | Rate | Interest | Per month |
|---|---|---|---|
| ₹10,000 | 2.50% | ₹252a year | ₹21a month |
| ₹50,000 | 2.50% | ₹1,262a year | ₹105a month |
| ₹1 lakh | 2.50% | ₹2,524a year | ₹210a month |
| ₹5 lakh | 7.00% | ₹35,930a year | ₹2,994a month |
| ₹10 lakh | 7.00% | ₹71,859a year | ₹5,988a month |
| ₹25 lakh | 6.00% | ₹1,53,409a year | ₹12,784a month |
Open a figure in the savings calculator. Darker shade = higher rate. These examples use the published rate on the whole balance and quarterly compounding. Some banks apply each rate only to the portion of the balance in its band. Rates as of 14 Nov 2026. DICGC’s limit includes eligible balances and accrued interest held at the same bank in the same right and capacity.
- Interest is calculated on the balance falling in each slab (progressive)
Before you book
IDFC First Savings: frequently asked questions
What is the highest IDFC First Savings interest rate?
As of 14 Nov 2026, IDFC First Bank offers up to 7.00% p.a. on its savings account (Balance above ₹3 lakh to ₹25 lakh) for general customers. Rates below are as published by the bank. Confirm with IDFC First before investing.
When did IDFC First last change its Savings rates?
RateScan.in has recorded no change to IDFC First Bank's savings account rates since it started tracking them on 25 Oct 2026.
Does IDFC First pay different savings account rates by deposit size?
Yes. IDFC First Bank's table lists separate bands: Balance up to ₹3 lakh; Balance above ₹3 lakh to ₹25 lakh; Balance above ₹25 lakh. Each row shows the band it applies to.
Is my savings account with IDFC First insured?
Deposits with IDFC First Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).
How current are these IDFC First rates?
RateScan.in refreshed this dataset on 14 Nov 2026; the bank's rates shown here are effective 4 Oct 2026. Rates can change without notice, so verify on the official IDFC First website before investing.
More IDFC First rates
Savings rates at other banks
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.
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.
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