interest of minimum - Rightsofemployees.com https://www.rightsofemployees.com Know Your Rights Mon, 13 Feb 2023 11:27:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.rightsofemployees.com/wp-content/uploads/2018/01/cropped-emp1-32x32.png interest of minimum - Rightsofemployees.com https://www.rightsofemployees.com 32 32 Fixed Deposit Rate: Bank increased interest on FD, 8% interest will be available on these FDs https://www.rightsofemployees.com/fixed-deposit-rate-bank-increased-interest-on-fd-8-interest-will-be-available-on-these-fds/ Mon, 13 Feb 2023 12:28:38 +0000 https://www.rightsofemployees.com/?p=11295 FD Rates: IDBI Bank, now included in the count of the country’s big banks, has revised the interest rates on FDs. IDBI Bank has revised the interest rates on 13 February 2023. The bank is offering FDs ranging from 7 days to 10 years. He is giving interest of minimum 3.50 per cent and maximum […]

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]]> FD Rates: IDBI Bank, now included in the count of the country’s big banks, has revised the interest rates on FDs. IDBI Bank has revised the interest rates on 13 February 2023. The bank is offering FDs ranging from 7 days to 10 years.

He is giving interest of minimum 3.50 per cent and maximum 7.50 per cent to the customers. This interest rate is available on FDs of less than Rs 2 crore. After the recent revision of 0.25 per cent in the repo rate by the RBI, banks have started increasing interest on FDs. IDBI has increased the interest on its 91 days FD by 0.25 per cent.

Interest increased on 700 days FD

After the revision in FD rates, the bank is offering 7.25 per cent interest to the general public and 8 per cent to senior citizens on FDs of 700 days. These new rates have come into effect from today, February 13.

IDBI increased interest on FDs of less than Rs 2 crore

7 days to 14 days: For general public – 3.00 per cent; For Senior Citizen – 3.50 percent

15 days to 30 days: For general public – 3.00 per cent; For Senior Citizen – 3.50 percent

31 days to 45 days: For general public – 3.25 per cent; For Senior Citizen – 3.85 percent

46 days to 60 days: For general public – 4.25 per cent; For senior citizens – 4.75 percent

61 days to 90 days: For general public – 4.25 per cent; For senior citizens – 4.75 percent

91 days to 6 months: For general public – 4.75 per cent; For senior citizens – 5.25 percent

6 months 1 day to 270 days: For general public – 5.50 per cent; For senior citizens – 6 percent

271 days to less than 1 year: For general public – 5.5 per cent; For Senior Citizen – 6.00 percent

1 year: For general public – 6.75 per cent; For Senior Citizen – 7.25 percent

Above 1 year to 2 years: For general public – 6.75 per cent; For Senior Citizen – 7.50 percent

2 years 1 day to less than 3 years: For general public – 6.50 per cent; For Senior Citizen – 7.25 percent

3 years to less than 5 years: For general public – 6.25 per cent; For Senior Citizen – 7.00 percent

5 years: For general public – 6.25 per cent; For Senior Citizen – 7.00 percent

Above 5 years to 7 years: 6.25 per cent; For Senior Citizen – 7.00 percent

Above 7 years to 10 years: 6.25%; For Senior Citizen – 7.00 percent

Above 10 years to 20 years: 4.80 per cent; For Senior Citizen – 5.30 percent

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