IDBI Bank Special FD: A special scheme named Amrit Mahotsav FD was started by IDBI Bank to provide fixed deposits of 375 and 444 days to its customers, the time limit of which has now been extended by 1 month.
IDBI Bank Special Fixed Deposit: If you also want to take advantage of higher interest on FD (Bank FD), then there is good news for you. Now IDBI Bank has extended the deadline for the special fixed deposit scheme. IDBI Bank had started a special scheme named Amrit Mahotsav FD to provide fixed deposits of 375 and 444 days to the customers, the last date of which was 30 September 2023, but now its deadline has been extended by one month. .
IDBI Bank gave information
Let us tell you that now you can avail the benefit of higher interest in Amrit Mahotsav FD till 31st October. IDBI Bank has said on its website that the festive offer of Amrit Mahotsav FD has been extended for 375 and 444 days till October 31, 2023.
Who is getting how much interest?
The bank has said that regular, NRE and NRO customers are getting the benefit of interest rate of 7.15 percent on 444 day Amrit Mahotsav FD Scheme. At the same time, senior citizens are getting interest at the rate of 7.65 percent on this FD. Along with this, customers are getting the facility of premature withdrawal and closure.
Interest on period of 375 days
General customers are getting the benefit of interest at the rate of 7.10 percent on fixed deposits with special period of 375 days. Apart from this, senior citizens are getting interest at the rate of 7.60 percent on fixed deposits of this period.
IDBI Bank’s latest FD rates-
- 07-30 days – 3%
- 31-45 days – 3.25%
- 46- 90 days – 4%
- 91-6 months – 4.5%
- 6 months 1 day to 270 days – 5.75%
- 71 days to < 1 year – 6.25% 1 year to 2 years (except 375 days and 444 days) – 6.8% > 2 years to 5 years – 6.5%
- > 5 years to 10 years – 6.25%
- > 10 years to 20 years – 4.8%
- Tax Savings FD 5 Years – 6.5%
How much interest is being received?
IDBI Bank has revised the interest rates on its FD. According to the bank’s website, these rates are effective from September 15, 2023. IDBI Bank is offering 3% to 6.8% interest to general customers on FDs maturing in seven days to five years and 3.5% to 7.3% to senior citizens.
