I recently opened an account in the IDBI Bank and searching for some details about the Suvidha Fixed Deposit scheme. Will you please provide me details about the IDBI Bank Freedom Deposit Advantage along with Savings Bank interest Rates also provide bank registered address and contact details?


IDBI Bank’s ‘Suvidha Fixed Deposit’ is now ‘ Freedom Deposit’ has always stood for safety, credibility, attractive rates of interest and assured liquidity.

IDBI Bank Freedom Deposit Advantage

These deposits have been further packed with the following advantages.

Anytime access to your fixed deposits
You can choose from tenure ranging from 15 days to 20 years for minimum deposits starting from Rs. 10,000
Attractive interest rate
Senior Citizens get an extra benefit on the interest rate (0.5% extra) on fixed deposit of 1 year and above
No penalty on premature withdrawal
Avail of overdrafts against your deposits at competitive rates.
Auto renewal facility
Various Deposit Options to suit your needs

Savings Bank interest will be calculated on the daily balances maintained in your account, at a rate of interest decided by the Bank from time to time.

Savings Bank Rate (w.e.f. October 1, 2017)

Saving Balance Rate of Interest

Upto Rs. 25 lakh 3.5 % p.a

Above Rs. 25 lakh 4.0 % p.a

Base Rate (w.e.f. Jan 01, 2017) 9.50%
Current BPLR (w.e.f. .Jan 01, 2017) 14.00%


Registered Office:
IDBI Bank Ltd.
IDBI Tower, WTC Complex,
Cuffe Parade, Colaba, Mumbai 400005.


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