Highlights
Investors will get a 4.8% interest rate on FDs maturing between 10 to 20 years.
IDBI Bank is offering a 5.25% interest rate on FDs maturing between five years to 10 years.
FDs maturing between one to three years will provide a 5.1% interest rate.
New Delhi: Fixed deposit or FD rates of IDBI Bank has been revised for a few maturity periods. The new rules are effective from July 14 and are applicable on retail fixed deposits of less than Rs 2 crores.
With the latest revision, IDBI Bank’s FD rates now vary from 2.7% to 4.8% for all the fixed deposits with a maturity period of 7 days to 20 years.