IDBI Bank has prolonged the validity period for its distinctive fixed deposits known as “Amrit Mahotsav FDs,” with tenures of 375 days and 444 days. This update is available on the official bank website.
IDBI Amrit Mahotsav Scheme
What is the Last Date to Invest?
You have until September 30, 2023, to seize the opportunity and invest in the Amrit Mahotsav FDs, available with tenures of 375 Days and 444 Days. Take advantage of this chance to secure your financial future!
Amrit Mahotsav FD for 444 Days and 375 Days
As part of the Amrit Mahotsav celebrations, the bank presents an exclusive FD offer. Enjoy a 7.15% interest on a 444-day tenure for regular, NRE, and NRO customers, while senior citizens relish a higher rate of 7.65%. The flexibility of premature withdrawal and closure adds to the appeal of this unique scheme.
Experience the Amrit Mahotsav FD scheme’s distinctive offerings: Senior citizens benefit from an impressive 7.65% interest rate, while regular, NRE, and NRO customers enjoy a favourable 7.10% rate on a 375-day tenure. Additionally, the scheme accommodates premature withdrawal and closure options, setting it apart in flexibility.
IDBI FD Rates 2023 Across All Tenures
IDBI Bank has something for everyone with their fixed deposits. Depending on how long you want to invest (from 7 days to 10 years), the interest rates range from 3% to 6.80% for most people. But if you’re a senior citizen, you get even better rates, from 3.50% to 7.30%. These rates started on July 14, 2023. It’s a smart way to make your money grow.
|Tenure||Interest Rates for General Customers (%)||Interest Rates for Senior Customers (%)|
|46- 90 days||4||4.5|
|6 months 1 day to < 1 year||5.75||6.25|
|1 Year to 2 Years||6.8||7.3|
|>2 Years to 5years||6.5||7.00|
|5 years to 10 years||6.25||6.75|
|10 years to 20 years$||4.8||5.30|
|5 years (Tax Saver)||6.5||7|