IDBI Bank now offers 7.5% on fixed deposits for tenure of 700 days


IDBI Bank has introduced yet another variant in Amrit Mahotsav Deposits with a maximum interest rate of 7.50% for just 700 days as a limited period offer.

Besides, the interest rate on 555 days Amrit Mahotsav Deposits is also increased to a maximum of 7.00% from 6.50%.

Last month, it had introduced a festive offer on its “Amrit Mahotsav” deposits. The bank had announced a peak rate of 6.90% for a special bucket of 555 days as a limited period offer.