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Wednesday, October 2, 2019

IDBI Bank revises fixed deposit (FD) rates wef Oct 01,2019

IDBI Bank has revised interest rates on fixed deposit (FD) with effect from 1st October. The bank offers multiple FD schemes to its customers.  Fixed deposits of IDBI Bank have a higher interest rate as compared to their saving deposits.  After the latest revision, FD interest rates in IDBI Bank range from 3.50 to 6.65% for FDs maturing in 7 days to 20 years.  IDBI Bank offers special interest rate on FDs for senior citizens.  Current IDBI Fixed Deposit Rates for senior citizens range from 4% to 7.15%.   Earlier, the bank had revised FD rates on Sep 06,2019.  
IDBI Bank latest FD interest rates from 7 days to less than year (less than 2 crore)
7-14 days 3.50%
15-30 days 4.50%
31-45 days 4.75%
46- 60 days 5.50%
61-90 days 5.50%
91-6 months 5.75%
6 months 1 day - 270 days 6.10%
271 days upto 1 year 6.15%

IDBI Bank latest FD interest rates from 1 year to 5 years (less than 2 crore)
1 year 6.65%
1 year-2 years 6.55%
2 years to 3 years 6.50%
3 years to 5 years 6.50%
5 years 6.40%

 IDBI Bank latest FD interest rates from 5 years to 20 years (less than 2 crore)
> 5 years - 7 years 6.35
>7 years - 10 years 6.35
>10 years - 20 years* 6.00

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