If you’re looking for a safe way to earn more returns on your investment, IDBI Bank has some good news. The bank has extended the deadline for its special fixed deposit scheme called Utsav Callable FD.
Now, customers can invest in this scheme until April 30. It offers an attractive interest rate of up to 8.05% for a tenure of 555 days.
The bank has extended the deadline for its special fixed deposit scheme called Utsav Callable FD.
Details of Utsav Callable FD
As per IDBI Bank’s official website, the Utsav Callable FD comes with multiple tenure options: 300 days, 375 days, 444 days, 555 days, and 700 days. The interest rate for these tenures ranges from 7.05% to 8.05%.
Senior citizens benefit even more, receiving 0.50% extra interest, while super senior citizens get around 0.65% more than the regular rate.
Senior citizens get an extra 0.50% interest.
Super senior citizens (above a certain age) receive an additional 0.65% interest.
Regular IDBI Bank FD Rates
Apart from this special FD scheme, IDBI Bank also offers standard fixed deposits with tenures ranging from 7 days to 20 years. The regular interest rates vary from 3% to 7%, while senior citizens can earn up to 7.50%.
The general interest rate ranges between 3% and 7%.
Senior citizens can get up to 7.50% on regular FDs.
