Latest IDBI Bank FD rates
IDBI Bank provides interest rates ranging from 3% to 7% on FDs maturing in seven days to ten years to regular clients, and 3.5% to 7.5% to the senior citizens on callable deposits for amounts below Rs 2 crore.
| Interest Rate (% p.a.) | ||
| Retail Term Deposits ( | ||
| Maturity Slab | General Customers | Sr. Citizen |
| 0-6 Days | NA | NA |
| 07-30 days | 3 | 3.5 |
| 31-45 days | 3.25 | 3.75 |
| 46- 60 days | 4.25 | 4.75 |
| 61- 90 days | 4.5 | 5 |
| 91 days to 6 months | 5.25 | 5.75 |
| 6 months 1 day to 270 Days | 5.75 | 6.25 |
| 271 days to | 6.25 | 6.75 |
| (except 300 Days) | ||
| 1 Year to 2 Years | 6.8 | 7.3 |
| (except 375 Days and 444 Days) | ||
| > 2 Years to | 7 | 7.50 |
| 3 years to 5 years | 6.5 | 7 |
| >5 years to 10 years | 6.25 | 6.75 |
| >10 years to 20 years$ | 4.8 | 5.30 |
| Tax Saving FD | ||
| 5 years | 6.5 | 7 |
Utsav FD interest rates
Utsav FD 300 days
The bank offers senior citizens 7.55%. The bank gives regular, NRE, and NRO customers an interest rate of 7.05% under the Utsave FD of 300 days.
Utsav FD 375 days
The bank gives senior citizens 7.60%. The bank gives regular, NRE, and NRO customers an interest rate of 7.10% under FD scheme of 375 days.Utsav FD 444 days
The bank has cut 5 bps on fixed deposit interest rate from 7.25% to 7.20% and for senior citizens, the bank offers older citizens 7.70% from 7.75%.
| Interest Rate (% p.a.) | ||||
| Special Buckets | General/NRE/NRO | Senior Citizens | ||
| Existing | Revised | Existing | Revised | |
| 300 Days | 7.05 | 7.05 | 7.55 | 7.55 |
| 375 Days | 7.1 | 7.1 | 7.6 | 7.6 |
| 444 Days | 7.25 | 7.2 | 7.75 | 7.7 |
Utsav Callable FD- deadline
IDBI Bank has extended the validity date for Utsav FDs for special buckets tenures of 300 Days, 375 Days, and 444 Days. It has extended these special fixed deposit deadlines to June 30, 2024 from March 31, 2024.
Special Non-Callable Retail Term Deposits
The interest rate structure of special Non-Callable variants:
| Interest Rate (% p.a.) | ||||
| Special Buckets | General/NRE/NRO | Senior Citizens | ||
| Existing | Revised | Existing | Revised | |
| 91 days – 6 months | 5.35 | 5.35 | 5.85 | 5.85 |
| 6 month 1 days to 270 days | 5.85 | 5.85 | 6.35 | 6.35 |
| 271 days | 6.35 | 6.35 | 6.85 | 6.85 |
| 1 Year | 7.15 | 7.15 | 7.65 | 7.65 |
| >1 Year to 2 Years | 6.95 | 6.95 | 7.45 | 7.45 |
| (excluding 444 days) | ||||
| 444 Days | 7.3 | 7.25 | 7.8 | 7.75 |
| >2 Years to | 7.1 | 7.1 | 7.6 | 7.6 |
| 3 Years to 5 Years | 6.6 | 6.6 | 7.1 | 7.1 |
| >5 Years to 7 Years | 6.35 | 6.35 | 6.85 | 6.85 |
