Is this FD insured by the RBI?

Yes, this FD is insured up to ₹5L by the RBI. In any unfortunate instance, if the bank faces closure, the RBI ensures coverage for the invested amount plus interest, up to ₹5L, whichever is lower.

What happens when the FD tenure is over?

For cumulative plans (where you get all the interest at maturity): When the tenure is over, you'll get the invested amount plus the total interest. For non-cumulative plans (where you get interest at a certain frequency, such as monthly): When the tenure is over, you'll get the invested amount plus the last interest payment. Note: The payout usually takes 2 working days and gets credited to the bank account you used while creating the FD.

IDFC Bank

Private Bank

RBI insured for ₹5L

Best returns

7.90% (1Y 1M 4D)

Risk

Moderate

Min. investment

₹1,000

Interest rates

Tenure	Interest*	You receive**

*Conditions apply
**Final amount post TDS deduction. Additional taxes may apply. How is it calculated?

Quick review

Highest interest rates

Insurance of ₹5L

Tax saver

Special women rates

Loan against FD

Senior citizen rates

About

Established on October 21, 2014, as a wholly owned subsidiary of IDFC, IDFC Bank received RBI's in-principle approval in 2014. Created through the demerger of infrastructure assets from IDFC Limited

Lock-in

7 days

Early withdrawal penalty

1% lower than interest rate.Learn More

RBI insurance

₹5L

FAQs

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