Idbi bank interest rates

Following other banks, For tenors ranging from 31 to 45 days, the bank gives 3.00 percent. The interest rate on deposits maturing in 46-60 months is currently 3.25 percent, an increase of 25 basis points. The interest rate on deposits maturing in 61-90 days will now be 3.40 percent, an increase of 40 basis points. For senior citizens, IDBI Bank offers a special interest rate on fixed deposits. The current IDBI Bank senior citizen FD rates range from 3.20 percent to 6.35 percent. While, the interest rate on 5-year deposits, commonly known as Suvidha Tax Saving Fixed, was increased by 10 basis points to 5.6 percent. Under this scheme, over and above the existing additional rate of 0.50 percent per year, resident senior citizen clients will receive a 0.25 percent enhanced interest rate (total mark-up 0.75 percent over Card Rate). The validity of the scheme is from April 20, 2022 to September 30, 2022. Premature withdrawal Interest will be paid on prematurely withdrawn deposits at the rate in effect for the amount and time the deposit was with the Bank. To give an example, if a deposit is made for 5 years and the depositor wants to cancel it early after 1 year, the interest rate applied will be the rate that was in effect for one year on the original deposit date. HDFC Bank, Kotak Mahindra Bank have revised bank Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.

IDBI Bank Fixed deposit interest rates for Domestic below Rs.2 crore Updated on Mon Jun 12 2023 Tenure General Citizen Senior Citizen 07-14 days 3.00% 3.50% 15-30 days 3.00% 3.50% 31-45 days 3.35% 3.85% 46- 60 days 4.25% 4.75% 61-90 days 4.25% 4.75% 91 days - 6 months 4.75% 5.25% 6 months 1 day to 270 days 5.50% 6.00% 271 days up to 1 Year to 2 Years (except 444 Days & 700 Days) 6.75% 7.25% morethen 2 Years to < 3 Years 6.50% 7.00% 3 Years to < 5 Years 6.50% 7.00% 5 Years 6.50% 7.00% morethen 5 Years to 7 Years 6.25% 6.75% morethen 7 Years to 10 Years 6.25% 6.75% morethen 10 Years to 20 Years 4.80% 5.30% IDBI Bank Fixed deposit interest rates for NRO below Rs.2 crore Updated on Mon Jun 12 2023 Tenure General citizen rates 07-14 days 3.00% 15-30 days 3.00% 31-45 days 3.35% 46- 60 days 4.25% 61-90 days 4.25% 91 days - 6 months 4.75% 6 months 1 day to 270 days 5.50% 271 days up to 1 Year to 2 Years (except 444 Days & 700 Days) 6.75% morethen 2 Years to < 3 Years 6.50% 3 Years to < 5 Years 6.50% 5 Years 6.50% morethen 5 Years to 7 Years 6.25% morethen 7 Years to 10 Years 6.25% IDBI Bank Fixed deposit interest rates for NRE below Rs.2 crore Updated on Mon Jun 12 2023 Tenure General citizen rates 1 Year 6.75% > 1 Year to 2 Years (except 444 Days & 700 Days) 6.75% morethen 2 Years to < 3 Years 6.50% 3 Years to < 5 Years 6.50% 5 Years 6.50% morethen 5 Years to 7 Years 6.25% morethen 7 Years to 10 Years 6.25% IDBI Bank FCNR Rates Updated on 15th June 2023 Tenure GBP USD EURO JPY ...

Idbi Bank Savings Bank Account (SB account) is intended for savings for future. The main objective of this type of account is to promote savings habit in any person. A savings account is one of the most basic bank accounts offered by banks. It lets you keep your money in a safe place, deposit and withdraw as and when you need it, without any risk. In the short term, savings accounts can be a great way to save up money for an emergency. The balance outstanding in your savings account will earn interest as decided by the bank. It is ideal for all individuals, salaried people, pensioners and students. Usually, there is no restriction on the number and amount of deposits that can be made in the savings account. The amount deposited in the savings account can be withdrawn, whenever it is needed. Eligibility for Opening Idbi Bank Savings Account • Individual - Single Accounts • Two or More Individuals - Joint Accounts • Minors • Blind Persons • Illiterate Persons • HUF • Trusts • Executors and Administrators • Government bodies • Semi-Government Departments • Recognized PF Accounts • Capital Gain Accounts • Non-Corporate bodies • Clubs, Societies & Associations • Schools • Institutions/ Agencies specially permitted by the RBI Documents Required to Open Idbi Bank Savings Account • Application in the bank's prescribed form • Specimen Signature Card • Copy of PAN Card / Form 60 or 61 (if customer does not have PAN Card) • Photograph of depositor/s (2 copies) • Proof of Identity & a...

IDBI Bank's 500-day Amrit Mahotsav FD scheme went into effect on August 22, 2022, and it will end on September 30, 2022. In this scheme, the bank is promising an interest rate of 6.10% under the callable deposits and 6.20% on non-callable deposits made by general customers (including NRE/NRO). Whereas, resident senior citizens will get 6.60% on callable deposits and 6.70% on non-callable deposits. In this context, callable deposits are those that can be withdrawn before the maturity date, while non-callable deposits cannot be withdrawn before the maturity date. View Full Image IDBI Bank's 500-day Amrit Mahotsav FD (idbibank.in) IDBI Bank has mentioned on its website that “The normal mark-up of 0.50% ONLY will be available for senior citizens and normal mark-up of 1% will be available for Retired Senior Citizens Staff." Terms and conditions set by IDBI Bank for Amrit Mahotsav FD 1. For Non-Callable Deposits- “Pre-mature withdrawal / Closure not permitted". 2. Naman Senior Citizen rates are not allowed for ‘Amrit Mahotsav Fixed Deposit’ of 500 days and 1100 days. 3. Bank has right for premature closure of non-callable FD used as collateral security in case of loan/overdraft accounts that have failed to service interest regularly. 4. Staff & Senior Citizen Rates are not applicable to NRO & NRE term Deposits. 5. All other features of term deposit as well as terms and conditions shall remain unchanged and are applicable for the above scheme also. IDBI Bank FD Rates On August 22...

Non Resident Ordinary - NRO Term Deposit rates (Effective From: June 14, 2023) NRO for deposit less than Rs. 2 Crore Maturity Slab Interest Rate (% p.a.) 07-14 days 3.00 15-30 days 3.00 31-45 days 3.25 46- 60 days 4.00 61-90 days 4.00 91-6 months 4.50 6 months 1 day to 270 days 5.75 271 days up to1 Year to 2 Years(except 444 Days) 6.80 > 2 Years to 5 years to 7 years 6.25 >7 years to 10 years 6.25 “Amrit Mahotsav FD ” scheme of 444 Days- w.e.f. April 01,2023 Special Buckets NRE/NRO Rate of Interest (%) Scheme Validity Callable 444 Days Up to July 15,2023 7.15 Special deposit variant in 555 days is discontinued w.e.f. February 13, 2023. Non Resident (External)( 1 Year to 2 Yrs (except 444 Days) 6.80 > 2 Years to 5 years to 7 years 6.25 >7 years to 10 years 6.25 Note:- • The above rates are applicable only on Fresh NRE / NRO deposits and on renewal of maturing deposits for amounts less than Rs. 2 crore. For the interest rate on NRE / NRO deposit for amount Rs 2 Crore and above, kindly refer to “RATES FOR BULK DEPOSITS ( Rs. 2 cr. and Above )” under URL • No interest will be paid on NRE deposits closed pre-maturely in less than 1 year. Resident Foreign Currency – RFC Deposit rates (% p.a.) (Effective From: June 01, 2023) MATURITY SLAB USD GBP EUR JPY 91 days – 6 Months 4.70% 3.16% 0.00% 0.00% 6 Months 1 day < 1 Year 4.85% 3.40% 0.99% 0.00% 1 Year< 2 Years 5.30% 4.60% 3.40% 0.20% 2 Years < 3 Years 4.74% 4.34% 3.21% 0.25% 3 Years Only 4.40% 4.20% 3.11% 0.38% Foreign Currency ...

IDBI Bank Fixed deposit interest rates for Domestic below Rs.2 crore Updated on Mon Jun 12 2023 Tenure General Citizen Senior Citizen 07-14 days 3.00% 3.50% 15-30 days 3.00% 3.50% 31-45 days 3.35% 3.85% 46- 60 days 4.25% 4.75% 61-90 days 4.25% 4.75% 91 days - 6 months 4.75% 5.25% 6 months 1 day to 270 days 5.50% 6.00% 271 days up to 1 Year to 2 Years (except 444 Days & 700 Days) 6.75% 7.25% morethen 2 Years to < 3 Years 6.50% 7.00% 3 Years to < 5 Years 6.50% 7.00% 5 Years 6.50% 7.00% morethen 5 Years to 7 Years 6.25% 6.75% morethen 7 Years to 10 Years 6.25% 6.75% morethen 10 Years to 20 Years 4.80% 5.30% IDBI Bank Fixed deposit interest rates for NRO below Rs.2 crore Updated on Mon Jun 12 2023 Tenure General citizen rates 07-14 days 3.00% 15-30 days 3.00% 31-45 days 3.35% 46- 60 days 4.25% 61-90 days 4.25% 91 days - 6 months 4.75% 6 months 1 day to 270 days 5.50% 271 days up to 1 Year to 2 Years (except 444 Days & 700 Days) 6.75% morethen 2 Years to < 3 Years 6.50% 3 Years to < 5 Years 6.50% 5 Years 6.50% morethen 5 Years to 7 Years 6.25% morethen 7 Years to 10 Years 6.25% IDBI Bank Fixed deposit interest rates for NRE below Rs.2 crore Updated on Mon Jun 12 2023 Tenure General citizen rates 1 Year 6.75% > 1 Year to 2 Years (except 444 Days & 700 Days) 6.75% morethen 2 Years to < 3 Years 6.50% 3 Years to < 5 Years 6.50% 5 Years 6.50% morethen 5 Years to 7 Years 6.25% morethen 7 Years to 10 Years 6.25% IDBI Bank FCNR Rates Updated on 15th June 2023 Tenure GBP USD EURO JPY ...

Following other banks, For tenors ranging from 31 to 45 days, the bank gives 3.00 percent. The interest rate on deposits maturing in 46-60 months is currently 3.25 percent, an increase of 25 basis points. The interest rate on deposits maturing in 61-90 days will now be 3.40 percent, an increase of 40 basis points. For senior citizens, IDBI Bank offers a special interest rate on fixed deposits. The current IDBI Bank senior citizen FD rates range from 3.20 percent to 6.35 percent. While, the interest rate on 5-year deposits, commonly known as Suvidha Tax Saving Fixed, was increased by 10 basis points to 5.6 percent. Under this scheme, over and above the existing additional rate of 0.50 percent per year, resident senior citizen clients will receive a 0.25 percent enhanced interest rate (total mark-up 0.75 percent over Card Rate). The validity of the scheme is from April 20, 2022 to September 30, 2022. Premature withdrawal Interest will be paid on prematurely withdrawn deposits at the rate in effect for the amount and time the deposit was with the Bank. To give an example, if a deposit is made for 5 years and the depositor wants to cancel it early after 1 year, the interest rate applied will be the rate that was in effect for one year on the original deposit date. HDFC Bank, Kotak Mahindra Bank have revised bank Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.

Idbi Bank Savings Bank Account (SB account) is intended for savings for future. The main objective of this type of account is to promote savings habit in any person. A savings account is one of the most basic bank accounts offered by banks. It lets you keep your money in a safe place, deposit and withdraw as and when you need it, without any risk. In the short term, savings accounts can be a great way to save up money for an emergency. The balance outstanding in your savings account will earn interest as decided by the bank. It is ideal for all individuals, salaried people, pensioners and students. Usually, there is no restriction on the number and amount of deposits that can be made in the savings account. The amount deposited in the savings account can be withdrawn, whenever it is needed. Eligibility for Opening Idbi Bank Savings Account • Individual - Single Accounts • Two or More Individuals - Joint Accounts • Minors • Blind Persons • Illiterate Persons • HUF • Trusts • Executors and Administrators • Government bodies • Semi-Government Departments • Recognized PF Accounts • Capital Gain Accounts • Non-Corporate bodies • Clubs, Societies & Associations • Schools • Institutions/ Agencies specially permitted by the RBI Documents Required to Open Idbi Bank Savings Account • Application in the bank's prescribed form • Specimen Signature Card • Copy of PAN Card / Form 60 or 61 (if customer does not have PAN Card) • Photograph of depositor/s (2 copies) • Proof of Identity & a...

Idbi Bank Savings Bank Account (SB account) is intended for savings for future. The main objective of this type of account is to promote savings habit in any person. A savings account is one of the most basic bank accounts offered by banks. It lets you keep your money in a safe place, deposit and withdraw as and when you need it, without any risk. In the short term, savings accounts can be a great way to save up money for an emergency. The balance outstanding in your savings account will earn interest as decided by the bank. It is ideal for all individuals, salaried people, pensioners and students. Usually, there is no restriction on the number and amount of deposits that can be made in the savings account. The amount deposited in the savings account can be withdrawn, whenever it is needed. Eligibility for Opening Idbi Bank Savings Account • Individual - Single Accounts • Two or More Individuals - Joint Accounts • Minors • Blind Persons • Illiterate Persons • HUF • Trusts • Executors and Administrators • Government bodies • Semi-Government Departments • Recognized PF Accounts • Capital Gain Accounts • Non-Corporate bodies • Clubs, Societies & Associations • Schools • Institutions/ Agencies specially permitted by the RBI Documents Required to Open Idbi Bank Savings Account • Application in the bank's prescribed form • Specimen Signature Card • Copy of PAN Card / Form 60 or 61 (if customer does not have PAN Card) • Photograph of depositor/s (2 copies) • Proof of Identity & a...

IDBI Bank Fixed deposit interest rates for Domestic below Rs.2 crore Updated on Mon Jun 12 2023 Tenure General Citizen Senior Citizen 07-14 days 3.00% 3.50% 15-30 days 3.00% 3.50% 31-45 days 3.35% 3.85% 46- 60 days 4.25% 4.75% 61-90 days 4.25% 4.75% 91 days - 6 months 4.75% 5.25% 6 months 1 day to 270 days 5.50% 6.00% 271 days up to 1 Year to 2 Years (except 444 Days & 700 Days) 6.75% 7.25% morethen 2 Years to < 3 Years 6.50% 7.00% 3 Years to < 5 Years 6.50% 7.00% 5 Years 6.50% 7.00% morethen 5 Years to 7 Years 6.25% 6.75% morethen 7 Years to 10 Years 6.25% 6.75% morethen 10 Years to 20 Years 4.80% 5.30% IDBI Bank Fixed deposit interest rates for NRO below Rs.2 crore Updated on Mon Jun 12 2023 Tenure General citizen rates 07-14 days 3.00% 15-30 days 3.00% 31-45 days 3.35% 46- 60 days 4.25% 61-90 days 4.25% 91 days - 6 months 4.75% 6 months 1 day to 270 days 5.50% 271 days up to 1 Year to 2 Years (except 444 Days & 700 Days) 6.75% morethen 2 Years to < 3 Years 6.50% 3 Years to < 5 Years 6.50% 5 Years 6.50% morethen 5 Years to 7 Years 6.25% morethen 7 Years to 10 Years 6.25% IDBI Bank Fixed deposit interest rates for NRE below Rs.2 crore Updated on Mon Jun 12 2023 Tenure General citizen rates 1 Year 6.75% > 1 Year to 2 Years (except 444 Days & 700 Days) 6.75% morethen 2 Years to < 3 Years 6.50% 3 Years to < 5 Years 6.50% 5 Years 6.50% morethen 5 Years to 7 Years 6.25% morethen 7 Years to 10 Years 6.25% IDBI Bank FCNR Rates Updated on 15th June 2023 Tenure GBP USD EURO JPY ...