IDBI Bank FD Interest Rates: After HDFC Bank, ICICI Bank and Kotak Mahindra Bank, IDBI Bank has given good news to its customers. The fixed deposit rate has been changed by the bank.
IDBI Bank FD Interest Rates: After HDFC Bank, now another private bank has given good news to crores of customers. Earlier this bank was government but now it has become a private bank. We are talking about IDBI Bank.
Changes will be applicable from April 20
IDBI Bank has changed the interest rates on fixed deposits of less than Rs 2 crore. After which now the customers who have made FD will get more interest than before. The change in interest rates will be applicable from April 20.
Minimum interest rate 2.70 percent
After the change, interest ranging from 2.70 percent to 5.60 percent is being given by IDBI Bank on FDs ranging from 6 days to 10 years. Earlier, ICICI Bank and Kotak Mahindra Bank have also increased the interest on FD deposits.
IDBI Bank has retained the first interest rate of 2.7 per cent on deposits of Rs 2 crore from 7 days to 30 days. For the period from 31 days to 45 days, now interest of 3 percent will be available as against 2.80 percent.
IDBI Bank FD Interest Rates New Interest Rates
– 07-14 days: 2.7 percent
– 15-30 days: 2.7 percent
– 31-45 days: 3 percent
– 46-60 days: 3.25 percent
– 61-90 days: 3.4 percent 3.9
– 91 days to 6 months: 3.75 percent
– 6 months to 270 days: 4.4%
– 271 days to less than 1: 4.5 percent
– For 1 year : 5.15 percent
– 1 year to 2 years: 5.25 percent
– 2 years to 3 years: 5.35 percent
– 3 years to 5 years: 5.5 percent
– For 5 years : 5.6%
– 5 years to 7 years: 5.6%
– 7 years to 10 years: 5.5 percent
(The interest rate for senior citizens is 0.50 per cent higher for each period.)
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