IDBI Bank launches special FD scheme, getting 7.75% interest, customers have 1 month to invest

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IDBI Bank has come up with a special FD scheme for a limited period. This new scheme is of 375 days and has started from 14th July. IDBI Bank is offering 7.10% interest to the general public and 7.60% to senior citizens on FDs maturing in 375 days. IDBI’s Amrit Mahotsav FD has tenors of 375 days and 444 days and customers can avail it till August 15, 2023.

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Amrit Mahotsav Scheme of IDBI Bank

IDBI Bank told on its website that this special FD scheme is for limited period. This new scheme is of 375 days and has started from 14th July. Customers can invest in it till 15 August. The bank is paying 7.60 per cent interest per annum on Amrit Mahotsav FD. Apart from this, under the Amrit Mahots scheme of the bank, FD of 444 days is being given. This scheme, which was already available, was started on 13 February. In this also, the bank is giving 7.65 percent interest to the customers in the callable option. Paying the highest interest on non-callable FD at 7.75%.

These are the interest rates

444 days FD under non-callable option has started from 14th July. So much interest is being received on this. Amrit Mahotsav can avail FDs of 375 days and 444 days till 15 August. This scheme was started by the bank on 13 February.

444 days 7.25% General Citizen

444 days 7.75% Senior Citizen

New rates on IDBI Bank FD

IDBI Bank is offering FDs maturing in 7 days to 5 years. The bank is offering interest ranging from 3% to 6.5% on these FDs. These rates are applicable from 14 July 2023.

07-30 days 3.00%

31-45 days 3.25%

46- 90 days 4.00%

91-6 months 4.50%

6 months 1 day to less than 1 year 5.75%

1 year to 2 years (Except 375 days and 444 days) 6.80%

2 years to 5 years 6.50%

5 years to 10 years 6.25%

10 years to 20 years 4.80%

5 years 6.50%

IDBI Bank FD Rates for Senior Citizens

IDBI Bank is offering 3.5% to 7% interest to senior citizens on FDs maturing in seven days to five years.

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