Earn up to 8.25% FD interest rate: IDFC FIRST Bank revises fixed deposit rates

economictimes.indiatimes.com:

Following the change, the bank currently offers interest rates ranging from 3% to 7.75% on deposits maturing in 7 days to 10 years. The maximum interest rate of 7.75% on deposits maturing on 549 days- 2 years for general citizens.

PNB hikes FD interest rates on select tenures by up to 50 bps; these investors can earn 8.05%

IDFC FIRST Bank FD interest rates

The bank currently offers interest rates ranging from 3% to 7.75% on deposits maturing in 7 days to 10 years for general citizens. The bank currently offers interest rates ranging from 3.50% to 8.25% on deposits maturing in 7 days to 10 years for senior citizens.

Source: Bank website

Indian Bank extends deadline to invest in special FDs with higher interest rates

Premature closure
According to the website, “In case of premature closure of the Term/Fixed Deposit, interest will be paid basis interest rate applicable at the time of booking the term/fixed deposit, for the corresponding period for which deposit has remained with the bank. Additionally, term/fixed deposit if prematurely closed, would be subject to ‘Premature Closure Penalty’ as prescribed by the Bank on the date of deposit.”

Note that there is no penalty for senior citizens on an early withdrawal.

IDFC FIRST Bank recurring deposit interest rate
The bank currently offers interest rates ranging from 4.50% to 7.75% on