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    Vikshita Vitthal Gujaran in News

    26-Dec-2022 04:50 PM


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    IDBI Bank Hikes Interest Rate On Fixed Deposits; Check Latest FD Rates On Various Tenures

    Following the rate hikes by lenders, IDBI Bank has also raised its interest rate on fixed deposits below Rs 2 crore, with effect from December 19.
    It offers 7.60 per cent interest on Retail Amrit Mahotsav Deposit, the bank said in a statement.
    According to the statement, “IDBI Bank offers 7.60 per cent interest on Retail Amrit Mahotsav Deposit.
    IDBI Bank has enhanced rate of interest on deposits and now offers interest up to 7.60 per cent for just 700 days, as a limited period offer, effective from December 26, 2022."
    After the revision, IDBI Bank is currently offering interest rates to regular citizen ranging from 3 per cent to 6.75 per cent on tenure ranging between 7 days and 10 years.

    Source - News 18
    #idbibank