BRAVO

BRAVO is a unique feature offered by IDFC FIRST Bank that allows you to manage your funds efficiently. It combines the flexibility of a Current Account with the benefits of a Fixed Deposit (FD). This a feature that allows you to automatically convert your current account balance above the set threshold amount move into a 370 days Fixed Deposit on a daily basis in multiple of Rs. 1000 thereby earning you an interest of 7.25% p.a *

BRAVO feature is available with Platinum Current Account, Freedom World Current Account, Startup Current Account and Dynamic TASC Current Account only.
Existing customers can avail this facility by converting their account to Platinum Current Account if existing account is not a part of the above-mentioned variants.

For new customers, BRAVO setup can be done at the time of account opening. For existing customers, it can be done post account opening by raising a request at branch or customer can setup this feature online through net-banking.

The Fixed Deposit will be booked for a tenure of 370 days. Post maturity, FD will be auto renewed for the tenure of 370 days.

FD will be created when the balance in the Current Account exceeds the set threshold limit. FD will be created at the beginning of the day (BOD) for maximum amount of up to ₹2 Crore*.

*In case FD requirement is more than ₹2 Crore, please visit your nearest IDFC First Bank Branch

FD will only break when the balance in Current Account falls below ₹2 Lakhs. This will ensure maximum possible returns to our customer. In case of multiple FDs, the last FD will be broken first.

In case of pre-closure of FD, applicable bucket rate as per tenure and as on date of FD booking will apply. No premature penalty will be charged.

Consolidated (CA & FD) statement is shared on your registered email ID every month.
The statement can also be downloaded through net-banking or you can visit the branch to avail the same.