IDBI Bank has extended the deadline for its special fixed deposit scheme, the Utsav Callable FD, allowing customers to invest until April 30, 2025.
This scheme offers an attractive interest rate of up to 8.05% for a tenure of 555 days.
Details of Utsav Callable FD
According to IDBI Bank’s official website, the Utsav Callable FD provides multiple tenure options: 300 days, 375 days, 444 days, 555 days, and 700 days.
The interest rates for these tenures range from 7.05% to 8.05%. Senior citizens receive an additional 0.50% interest, while super senior citizens benefit from an extra 0.65% over the regular rates.
According to IDBI Bank’s official website, this special FD comes with multiple tenure options:
300 days
375 days
444 days
555 days
700 days
The interest rates for these tenures range from 7.05% to 8.05%.
There are additional benefits for older customers:
Senior citizens get 0.50% extra interest.
Super senior citizens receive about 0.65% extra interest compared to the regular rate.
Regular IDBI Bank FD Rates
In addition to this special FD scheme, IDBI Bank offers standard fixed deposits with tenures ranging from 7 days to 20 years.
The regular interest rates vary from 3% to 7%, with senior citizens earning up to 7.50%.
The standard interest rates range from 3% to 7%.
Senior citizens can earn up to 7.50% on regular FDs.
