IDFC Bank Fixed Deposit in Mumbai

About IDFC Bank Fixed Deposit in Mumbai

Mumbai, the capital of Maharashtra, is a phenomenal place to live and earn because of the massive opportunities and the spectacles that the city presents for the people down here. Be it the food courts or the towering buildings, Mumbai has everything for everyone. But to set the future in an expensive city like Mumbai, you should be ready to invest some of your savings in fixed deposit, which fetches you interest on depositing a particular sum for a particular period of time. You can even look at the attractive interest rate offers of IDFC Bank Fixed Deposit in Mumbai. Also, no penalty on premature closure just throws the dice in favour of the bank. So, come and explore IDFC Bank Fixed Deposit in Mumbai.

IDFC Bank Fixed Deposit Mumbai at a Glance

Interest Rate2.50% - 5.75%
Minimum Deposit Amount₹10,000
Maximum TenureUpto 10 Years

IDFC Bank Fixed Deposit Eligibility Criteria in Mumbai 

There seems to be no eligibility criteria for opening a fixed deposit at IDFC Bank in Mumbai. But those who can receive the benefits of the bank’s fixed deposit are shown below.

  • A Resident of India
  • Non-resident Indian (NRI)
  • Sole Proprietorship Firms
  • Private Limited Companies
  • Partnership Firm
  • Trusts
  • Associations
  • Clubs

Documents Checklist Open IDFC Bank Fixed Deposit Account in Mumbai

The documents for each type of customers are described below for you to look at.

Documents for Individuals and Sole Proprietorship Firms

  • A Colour Photograph
  • Driving License
  • Last 6-month Bank Statement

Documents for Private Limited Companies

  • Board Resolution / Authority Letter
  • Memorandum & Articles of Association
  • Certificate of Incorporation
  • Certificate of Commencement of Business (Public Limited Company)
  • Form 32 in case list of directors are not original subscribers to Memorandum & Articles of Association (in case of Private Limited Cos) Duly acknowledged by ROC
  • Governing Act / Rules and Regulations(PSUs) (certified true copy)
  • Documents for Partnership Firms
  • Photographs of Persons Operating the Account
  • Partnership Deed
  • Letter from partners approving the persons concerned to open and operate the account

Documents for Trusts

  • Photographs of the member operating the account.
  • Copy of the Trust Deed.
  • Copy of Registration Certificate.
  • Copy of the resolution of trustee authorizing the member to operate and open the accounts.

Documents for Clubs/Associations

  • By-laws of the Association
  • Copy of the Resolution by the board authorizing the members concerned to open and operate the account
  • Photographs of the members operating the account   

For additional information, visit Fixed Deposit Mumbai

IDFC Bank Fixed Deposit Mumbai Branch Details

Branch NameComplete AddressIFSCMICRContact Number
Bhulabhai Desai Road
Shop No 1 Tirupati Apartment,
Bhulabhai Desai Road,
Breach Candy, Mahalaxmi,Mumbai – 400026 India
BKC - Naman BranchNaman Chambers, C-32,G- Block, Bandra Kurla Complex, Bandra East, Mumbai - 400051, IndiaIDFB0040101400751002NA
Chembur BranchGlamcent, GF & 1st Floor,
350 Central Avenue Road,Chembur, Mumbai- 400071,India
DN Road Branch312 D.N Road, Besides Khadi Bhandar,
Premises of J.N Petit Institute, Fort, Mumbai -400001 India
Prabhadevi BranchPrabhadevi
Sane Guruji Premises CHS, Block No 5, Ground floor, 386 Veer Savarkar Marg,Prabhadevi, Mumbai -400025, India
Vashi,Sector-17 BranchGoodwill Excellency, Plot No.02, Sector-17, Vashi, Navi Mumbai 400705, IndiaIDFB0040103400751004NA

Personal Loan Interest Rates February 2024
HDFC Bank10.75% - 14.50%
ICICI Bank10.75% - 19.00%
IndusInd Bank10.25% - 26.00%
Kotak Bank10.99%
RBL14.00% - 23.00%
SMFG India Credit12.00% - 24.00%
Standard Chartered Bank11.49%
Tata Capital10.50% - 24.00%
Home Loan Interest Rates February 2024
Axis Bank8.75% - 9.15%
Bank of Baroda8.50% - 10.60%
Citibank8.75% - 9.15%
HDFC8.50% - 9.40%
ICICI Bank9.00% - 9.85%
Indiabulls Housing Finance Limited8.65%
Kotak Bank8.70%
LIC Housing8.50% - 10.50%
Piramal Capital & Housing Finance10.50%
PNB Housing Finance8.50% - 10.95%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI9.10% - 9.65%
Tata Capital8.95% - 12.00%