IDBI Bank extends special FD deadline, hikes interest rate, adds new fixed deposit tenure Additionally, the bank raised the interest rate on some special FDs by five basis points and introduced additional tenure
IDBI Bank has extended the special deposit fixed deposit dubbed as Utsav Callable FD deadline from June 30, 2024. The bank has also added new tenure and increased FD interest rate by 5 basis points on select special FDs.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
What is the latest deadline for Utsav Callable FD
IDBI Bank has extended the validity date for special FD deadline to September 30 from June 30, 2024. IDBI Bank has extended the validity date for Utsav FDs for special buckets tenures of 300 Days, 375 Days, and 444 Day. The new tenure added to the list is 700 days.Earn FD interest rate up to 9.50%: Which bank is offering the highest fixed deposit rates for senior citizens?
Interest rate of Utsav callable fixed deposits
To general citizens, the bank offers 7.05% on Utsav FDs maturing in 300 days. Meanwhile, senior citizens get 7.55% on Utsav FDs of 300 days. For Utsav FDs maturing in 375 days, the bank offers an interest rate of 7.15% (earlier 7.1%). Senior citizens can earn 7.65% for Utsav FDs maturing in 375 days (earlier 7.6%).Special BucketsGeneral/NRE/NROSenior Citizens300 Days7.057.55375 Days7.157.65444 Days7.257.75700 Days7.27.7
UTSAV FD details
Tenure of 300 Days not applicable for NRE Deposits. Premature withdrawal and closure is allowed under the scheme. All other features of term deposit as well as terms and conditions shall remain unchanged and are applicable for the above scheme also.Latest IDBI Bank FD interest rates
IDBI Bank has revised fixed deposits interest rates for amounts less than Rs 3 crore. The rates are effective from June 18.Retail Term Deposits (Maturity SlabGeneral CustomersSr. Citizen0-6 DaysNANA07-30 days33.531-45 days3.253.7546- 60 days4.5561- 90 days4.755.2591 days to 6 months5.566 months 1 day to 270 Days66.5271 days to 6.256.75(except 300 Days)1 Year to 2 Years6.87.3(except 375 Days,444 Days & 700 Days)> 2 Years to 7 7.503 years to 5 years6.57>5 years to 10 years6.256.75>10 years to 20 years$4.8 5.30Tax Saving FD5 Years6.57
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This story originally appeared on: India Times - Author:Faqs of Insurances
