What is the highest IDFC First Bank FD rate for senior citizens?

The highest IDFC First Bank Senior Citizen FD rate is 7.00% p.a. for deposits between 5 and 10 years.

Is IDFC First Bank FD Safe for Senior Citizens?

IDFC First Bank fixed deposits are safe as deposits up to ₹5 lakh per depositor per bank are covered under DICGC insurance.

Can senior citizens get a monthly income from an IDFC First Bank FD?

Yes. IDFC First Bank offers non-cumulative fixed deposits where interest can be paid monthly, quarterly, half-yearly, or annually.

What is the minimum amount required to open an IDFC First Bank Senior Citizen FD?

The minimum amount required to open an IDFC First Bank Senior Citizen Fixed Deposit is ₹1,000.

Is interest earned on IDFC First Bank Senior Citizen Fixed Deposits taxable?

Yes. Interest earned on IDFC First Bank Senior Citizen Fixed Deposits is taxable as per the applicable income tax slab. Banks may deduct TDS if annual FD interest exceeds the prescribed threshold limit.

IDFC First Bank Senior Citizen Fixed Deposit Rates

Name: IDFC FIRST Bank FD Rates for Senior Citizens 2026
Brand: Interest Rates
Rating: 4.9 (8136 reviews)

IDFC First Bank offers attractive FD rates for senior citizens ranging from 3.50% to 7.60% p.a. across tenures of 7 days to 10 years. Continue reading for the latest IDFC First Bank Senior Citizen FD rates and special FD schemes for senior citizens.

IDFC First Bank Senior Citizen FD Snapshot	Details
Highest Senior Citizen FD Rate	7.60%
FD Tenure Range	7 to 10 Years
Minimum FD Amount	Rs. 1000/-
Premature Withdrawal Facility	Available with a penalty of 0.5% to 1%
Loan Against FD	Up to 90% of the fixed deposit amount.

IDFC First Bank Senior Citizen FD Rates (Less Than ₹3 Crore)

The table below provides a detailed breakdown of IDFC First Bank Senior Citizen FD rates for fixed deposits below ₹3 crore across different tenure options

Tenure	Senior Citizen FD Rates (per annum)
7 - 14 days	3.50%
15-29 days	3.50%
30-45 days	3.75%
46-90 days	4.75%
61-89 days	5.25%
91 days to 180 days	6.75%
181 days to less than 1 year	6.75%
1 Year	6.75%
1 year 1 day – 370 days	7.25%
371 days – 390 days	7.50%
391 days – 499 days	7.60%
500 days – 3 years	7.00%
3 years 1 day – 5 years	6.25%
5 years 1 day – 10 years	6.95%

Use the IDFC First Bank FD Calculator below to estimate the maturity amount and interest earned on your IDFC First Bank fixed deposit based on your investment amount, tenure, and applicable FD rate.

IDFC First Bank Senior Citizen FD Rates (Above ₹3 Crore)

IDFC First Bank offers a separate set of FD interest rates for senior citizens looking to invest more than ₹3 crore, depending on the tenure. Here is a quick breakdown of senior citizen FD rates above 3 crore-

Tenure	Senior Citizen FD Rates (per annum)
7 - 14 days	4.75%
15-35 days	5.00%
36-45 days	5.50%
46-60 days	6.25%
61-91 days	6.65%
92 - 180 day	6.95%
181 - 270 days	7.00%
271 - 366 days	7.10%
367 – 399 days	7.45%
400 - 499 days	7.00%
500 - 540 days	7.00%
541 - 731 days	7.00%
732 - 1095 days	7.00%
3 years - 5 years	7.00%
5 Year 1 Day - 8 Years	7.00%
8 Year 1 Day - 10 Years	7.00%

Also Read: SBI Senior Citizen FD Rates

Compare IDFC First Bank Senior Citizen FD Interest Rates with Other Banks

Several banks currently offer higher interest rates than IDFC First Bank for specific tenures. The table below compares IDFC First Bank senior citizen Fixed Deposit rates with other banks' FD rates.

Bank	Highest Rate
IDFC First Bank	7.60% (500 days to 3 years)
Shivalik Small Finance Bank	8.30% (21 to 22 Months)
Suryoday Small Finance Bank	8.25% (30 Months)
Utkarsh Small Finance Bank	8.25% (666 Days)
Jana Small Finance Bank	8.00% (370–380 Days)
Mahindra Finance	7.80% (48 to 60 Months)
Indusind Bank	7.75% (24 to 36 Months)
Shriram Finance Bank	7.75% (36 to 60 Months)
Bajaj Finance	7.75% (31 to 60 Months)
RBL Bank	7.70% (18 to 36 months)
Sundaram Finance	7.50% (24 to 60 Months)
ICICI Housing Finance	7.35% (48 to 60 Months)
Indian Bank	7.30% (555 Days)
Kotak Mahindra Bank	7.30% (2 to 3 Years)
Bank of India	7.20% (3 years)
ICICI Bank	7.10% (3 to 5 Years)
SBI	7.05% (5 to 10 Years)
HDFC Bank	7.00% (3 to 4 Years)
Bank of Baroda	7.00% (5 to 10 Years)
Axis Bank	6.95% (15 Months to 5 Years)