Deposit Rate Sheet

(Effective Date: August 01, 2023 )

Deposit Scheme


Rate (%)

  Monthly Earning Scheme

1 year & Above


  Quarterly Earning Scheme

1 year & Above


  6 Months and above Deposit

  6 Months


1 Year


*2 years and above


  Short Term Deposit

3 Months


4-5 Months



  Money Multiplier Scheme

Double Money

5.5 years

Triple Money

9 years 9 Months

  Profit First Scheme

06 Months


1 Year


* Simple rate applicable
  • Amount of return has been calculated taking into consideration of 10% source tax.
  • Excise Duty and Advance Income Tax are applicable as per government laws
  • Only Senior Citizens (Age 60 years or above) will be entitled to get 0.25% higher rate except 3-5 months deposit
  • These rates are not applicable for deposits from Banks and NBFIs

Papers Required:

   i) For Individual:

  • One passport size photographs of the depositor is attested by the introducer
  • Photocopy of ID (Valid Passport, National ID /Smart NID/Voter ID etc.) of depositor
  • One passport size photographs and NID of the nominee is attested by the Account holder
  • Account holder's E-TIN Certificate
  • Supporting documents relating to source of fund

   ii) For Institution:

  • Up to date Trade License, Schedule (x) and Form XII.
  • E-TIN certificate of the company.
  • Memorandum and Article of Association of the Company.
  • Certificate of Incorporation of the Company.
  • Trust deed, reorganization certificate from NBR if applicable.
  • Board/ Operating Resolution & Signatory Resolution for opening of Account.
  • Photograph and National ID photocopy of all signatories attested by the board secretary/other official.


Note: The above rates are subject to change from time to time without prior notice as per decision of the IIDFC PLC. Management.