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9th October 2017, 01:54 PM
Super Moderator
 
Join Date: Aug 2012
Re: FD Interest Rates In IDBI Bank

As you looking for IDBI Bank, fixed deposit interest rates here I will let you know so that you can remember information.

Here are the interest rates

Interest Rate on Term Deposits (w.e.f. . Jul 24, 2017)
Resident Term Deposit / NRO for deposit upto less than Rs. 1 Crore #
Maturity Slab Interest Rate (% p.a.)
15-30days 4.25
31-45 days 4.50
46-60 days 5.00
61-90 days 5.25
91-6 months 6.00
6 months 1 day to 270 days 6.50
271 days to < 1year 6.50
1 year 6.75
>1yrs to 2yrs 6.50
>2 yrs to < 3 yrs 6.25
3 yrs to < 5 yrs 6.25
5 years 6.00
> 5yrs - 7yrs 6.00
>7 yrs - 10 yrs 6.00
>10 yrs - 20 yrs* 6.00

Senior Citizen Interest Rates** for deposit upto less than Rs. 1 Crore#
Maturity Slab Sr. Citizen Interest Rate (p.a. %)
15-30days 4.25
31-45 days 4.50
46-60 days 5.00
61-90 days 5.25
91-6 months 6.00
6 months 1 day to 270 days 6.50
271 days to < 1year 6.50
1year 7.25
>1yrs to 2yrs 7.00
>2 yrs to < 3 yrs 6.75
3 yrs to < 5 yrs 6.75
5 years 6.50
> 5yrs - 7yrs 6.50
>7 yrs - 10 yrs 6.50
>10 yrs - 20 yrs 6.50

Deposits of Rs 1 Crore and above are treated as Bulk deposit w.e.f April 01, 2013 as per the revised definition advised by RBI.

I. Resident Retail deposits on regular payment of interest basis (i.e. non-cumulative basis) may be accepted by the branches.

II. Retail Deposits under Floating Rate Term Deposit (FRTD) Scheme for maturity bucket above 10 years to 20 years (non-cumulative) may also be accepted.

The Senior Citizen Interest rates are 0.50% higher for deposits from 1 year and above.

Address:-
IDBI Bank
IDBI Tower, WTC Complex,
Cuffe Parade, Colaba, Mumbai 400005

Phone:-
1800-200-1947
1800-22-1070


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