public Sector Bank
IDBI Bank Fixed Deposit Rates
| Tenure | General | Senior Citizen |
|---|---|---|
| 7 days to 14 days | 3.00% | 3.50% |
| 15 days to 29 days | 3.50% | 4.00% |
| 30 days to 45 days | 4.00% | 4.50% |
| 46 days to 60 days | 4.75% | 5.25% |
| 61 days to 90 days | 5.00% | 5.50% |
| 91 days to 6 months | 5.50% | 6.00% |
| 6 months to less than 1 year | 5.75% | 6.25% |
| 1 year to 2 years | 6.50% | 7.00% |
| 2 years to less than 3 yearsHighest Rate | 7.25% | 7.75% |
| 3 years to less than 5 years | 7.00% | 7.50% |
| 5 years and up to 10 years | 6.75% | 7.25% |
Senior Citizen Benefits
Senior citizens get an additional 0.50% interest rate on their fixed deposits.
Minimum Investment Amount
The minimum investment amount for a IDBI Bank fixed deposit is ₹10,000.
Safety and Liquidity
Deposits insured up to ₹5 lakh by DICGC for scheduled banks.
Premature Withdrawal
Premature withdrawal typically incurs a penalty ranging from 0.5% to 1% of the interest rate.