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HomePersonal FinanceBank FD New Update: Don't miss the opportunity again, this bank has...

Bank FD New Update: Don’t miss the opportunity again, this bank has extended the date of the special FD scheme, will get bumper interest

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This Bank said on its website that under the festive offer on “Amrit Mahotsav Callable FD” of 375 and 444 days, extension is being done till 30th November.


IDBI Bank has increased the validity of its special fixed deposit scheme Amrit Mahotsav FD. In this scheme which gives higher interest, you will be able to invest further in two tenures also. The bank has informed that it has extended the date of investing in FD of its scheme Amrit Mahotsav by 375 days and 444 days. Earlier their deadline was 31st October, but it has been extended to 30th November.

The bank informed on its website that under the festive offer on “Amrit Mahotsav Callable FD” of 375 and 444 days, extension is being done till 30th November.

How much interest is being received?

The bank is offering interest at the rate of 7.15% to its regular, NRE and NRO customers on FD of 444 days. Whereas, senior citizens get interest at the rate of 7.65% on this tenure. On FD of 375 days, general category customers are getting 7.10% interest rate, whereas in this tenure, senior citizen category gets 7.65% rate of return.

Interest Rate (% pa)
Special Buckets General/NRE/NRO Senior Citizens
375 days 7.10 7.60
444 Days 7.15 7.65

 

IDBI Bank FD Interest Rate

If you want to invest in bulk term deposits of IDBI Bank, then you can see the interest rate here.

Interest Rate (% pa) [wef . 17.10.2023]
Maturity Slabs Rs 2 cr
to
Rs. 5 cr
>Rs 5 cr to
Rs 10 cr
>Rs 10 cr to
Rs 50 cr
>Rs 50 cr to
Rs 100 cr
>Rs 100 cr to
Rs 200 cr
>Rs 200 cr to
Rs 500 cr
>Rs 500 cr
7 – 14 days 5.11% 5.25% 6.01% 6.01% 6.01% 6.01% 6.01%
15 – 30 days 5.16% 5.66% 6.25% 6.25% 6.25% 6.25% 6.25%
31– 45 days 5.31% 5.66% 6.36% 6.36% 6.36% 6.36% 6.36%
46 – 90 days 6.26% 6.36% 6.36% 6.36% 6.36% 6.41% 6.41%
91 – 180 days 6.36% 6.51% 6.86% 6.86% 6.86% 6.86% 6.86%
181 – 250 days 6.46% 6.81% 7.01% 7.06% 7.06% 7.06% 7.06%
251 days – 270 days 6.61% 6.86% 7.01% 7.06% 7.06% 7.06% 7.06%
271 days to < 1 year 6.71% 6.91% 7.01% 7.11% 7.11% 7.11% 7.11%
1 year 6.86% 7.11% 7.21% 7.26% 7.26% 7.26% 7.26%
>1 year -1 year 3 months 6.86% 6.91% 7.21% 7.26% 7.26% 7.26% 7.26%
>1 year 3 months – 2 years 6.86% 6.91% 7.01% 7.01% 7.01% 7.01% 7.01%
>2 yr- 36 months 6.61% 7.01% 7.01% 7.01% 7.01% 7.01% 7.01%
>36 months- 5 years 6.51% 6.76% 6.76% 6.76% 6.76% 6.76% 6.76%
>5 years- 7 years 6.51% 6.66% 6.66% 6.66% 6.66% 6.66% 6.66%
>7 years- 10 years 6.51% 6.56% 6.56% 6.56% 6.56% 6.56% 6.56%

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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