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    IDBI Bank Fixed Deposit Rates
     and 2 other FDs
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    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    15 Days to 20 Years
    4.25% - 7.25% Monthly compounding
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    NRI - FD
    Up to ₹1Cr
    1 Year to 10 Years
    6% - 6.75% Monthly compounding
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    Up to ₹25L
    1 Year to 5 Years
    7.49% - 8.19% Monthly compounding
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    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.5% Monthly compounding
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    IDBI Bank Fixed Deposit Rates is Rated as "Excellent!" by 29 Users

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    IDBI Bank Fixed Deposit Rates

    IDBI is one of 27 commercial bank owned by the government of India and yet is one of the leading government banks in India, today.

    IDBI Bank Ltd. offers fixed deposits at competitive interest rates and at flexible tenures so as to ensure customers can maintain liquidity according to their needs while maximizing returns.

    Although, interest rates are fixed for the chosen deposit period, the bank can alter interest rates over a period of time which will affect customers when renewing existing accounts or making fresh deposits. The above table captures all changes as soon as the bank announces the same thereby allowing customers to avail the best and latest interest rates in a timely manner.

    Tenure Regular FD Rates (p.a.%) Senior Citizen FD Rates(p.a.%)
    15-30days 4.25 4.25
    31-45 days 4.5 4.5
    46-60 days 5 5
    61-90 days 5.25 5.25
    91-6 months 6 6
    6 months 1 day to 270 days 6.5 6.5
    271 days to < 1year 6.5 6.5
    1 year 6.75 7.25
    >1yrs to 2yrs< 6.5 7
    >2 yrs to < 3 yrs 6.25 6.75
    3 yrs to < 5 yrs 6.25 6.75
    5 years 6 6.5
    > 5yrs - 7yrs 6 6.5
    >7 yrs - 10 yrs 6 6.5
    >10 yrs - 20 yrs 6 6.5
    Minimum and Maximum IDBI Bank fd interest rates 2017 for Regular and Senior Citizen
    IDBI Bank FD Rates

    IDBI Short Term Fixed Deposit Rates

    IDBI Bank Ltd. provides its depositors with competitive rates of interests for their short term deposits. For fixed deposits accounts of durations ranging between 15 days - 30 days, IDBI offers an interest rate of 4.25% p.a. The interest rate is increased by .25% for a tenure of 31 days - 45 days and 46 - 60 days respectively. 5.25% p.a. is the interest rate offered to depositors who choose a term in the range of 61 days - 90 days. 91 days- 6 months term deposits accrue interest at the rate of 6.00% p.a. The rate of interest increases by 0.25% 6.5% for tenure of 6 months and 1 day to 270 days 6.5% and is stable for tenure 271 days – less than 1 year fixed deposit accounts accrue interest at the rate of 6.75% p.a.

    Long And Medium Term Fixed Deposit Rates In Idbi

    IDBI Bank Ltd. offers high returns on investments held in the medium or long term. For deposits terms ranging from 1 – less than 2 years, investments earn at the interest rate of 6.25% p.a. Investments made in fixed deposits accounts with IDBI Bank Ltd. for terms ranging from 2 – less than 3 years, the rate of interest levied is 6.25% p.a. Interest rates on fixed deposits for holdings of 3 – less than 5 years and 5 years remains the same as the rate of interest offered for tenures of 2 - 3 years, i.e. 6.25%.

    IDBI Bank Fixed Deposit Rates Senior Citizen

    IDBI Bank Ltd. offers revised interest rates to its customers above the age of 60 years who come under the category of senior citizens. Senior citizens with fixed deposit accounts of durations ranging from 15 days to 30 days avail earnings at the interest rate of 4.25% p.a. Durations of 31 days - 45 days for a fixed deposit account, earns senior citizens interest at the rate of 4.5% p.a.

    The rate of interest is increased by .50% p.a. at 5% for terms ranging between 46 days to 60 days. A booming rate of interest of 5.25% p.a. is offered for durations between 61 days to 90 days. Tenures of 6 months 1 days to 1 year earn interest at the rate of 7.25%p.a., 7.00% p.a. is the rate at which interest is awarded to tenures between 1year to less than 2 years. Term deposits ranging from 2 - 3 years is 6.75%, for 3 - 4 years, 5 years are charged a rate of interest of 6.5% p.a.

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    News About IDBI Bank Fixed Deposit

    • Base rate cut by 10 bps by IDBI bank

      The base rate or the minimum lending rate has been reduced by IDBI bank. The base rate currently stands at 9.65 % per annum. Prior to the reduction, the base rate was 9.5 % per annum.

      The BPLR (Benchmark Prime Lending Rate) has also gone down to 14.15 % per annum from 14.25 % per annum. This fact was stated by IDBI bank during a release. All the revisions that have been done to the rates are also effective now. IDBI bank has also reduced its MCLR (Marginal Cost to Funds based Lending Rates). The bank also mentioned that there will be a positive impact on the growth curve of the loans after the benchmark rate reduction. The impact will be visible in both corporate sector lending and retail consumer segment. This will also provide support to the economy’s growth impulse. The retail deposit rates have also been changed by IDBI Bank by 10-25 bps. This is done in selected buckets – three years to less than five years, 31 days to 45 days and 15 days to 30 days.

      28th July 2016

    • Fixed Deposit Rates for IDBI

      IDBI Bank has made some nifty changes to the interest rates offered on its fixed deposits. The latest changes include slight variants from the earlier rates.

      For deposits of 15 days to 30 days the rate of interest is 4.5% per annum, 5.25% per annum for 11 to 45 days and 6.25% per annum for 46 to 60 days. It rises to 6.75% for a tenure of 61 to 90 days and further to 7.25% per annum for tenure of 91 days to 6 months. From 6 months to less than 1 year, the rate of interest is 7.50% per annum and it increases to 7.75% per annum for the period of 1 year to less than 2 years. From 2 years to 20 years, the rate of interest remains at 7.5% per annum. Senior citizens might get an extra 0.50% over the advertised rates from tenures of 271 days and more.

      9th February 2016

    • IDBI Bank interest rate cuts

      IDBI Bank Ltd. offers fixed deposits at competitive interest rates and at flexible tenures in order to ensure customers’ ability to maintain liquidity according to their needs while maximising returns.

      The bank has cut interest rates for the regular and senior citizen fixed deposits, with effect from. November 16, 2015. For tenures of 91 days to 6 months, the rates will fall by 0.25% to 7%, from the previous rate of 7.25% deposits up to Rs. 1 crore. Likewise, for deposits maturing in 6 months t0 270 days, the rate of interest will now be 7.25% from the earlier 7.35%. Deposits with tenures of 270 days to less than one year will now have an interest rate of 7.25% from the previous rate of 7.5%.

      19th November 2015

    • IDBI Bank cuts FD interest rates

      IDBI Bank has reduced the interest rates on their Retail Term Deposit for deposits with maturity more than 6 months and up to 270 days. The interest rate has been reduced by 40 basis points.

      For the deposits with maturity of over 271 days, the interest rate has been reduced by 25 basis points. But, the senior citizens will get 0.5 percentage points higher on their deposits having maturity duration of 1 year or above.

      The banks are reducing their FD rates as the policy interests have come down 0.75 percentage points so far in the year 2015.

      11th August 2015

    • IDBI Bank trims Fixed Deposit Rates

      Following the RBI’s actions of slashing the repo rate to 7.25%, many banks have gone ahead in reducing the interest rates charged and offered. Among ICICI, HDFC, Axis and others, IDBI has also reduced its interest rates on high value term deposits starting June 30, 2015.

      It’s worthwhile to mention that the growth trend pertaining to deposits with banks in financial year 2015 increased only by 11.42%, the lowest ever since 1961. Three consecutive policy rate cuts in 2015 and a slow credit market have forced the hand of most banks to trim deposit rates.

      Government sponsored schemes like Sukanya Samriddhi still offer prospective depositors a comparatively higher rate of return now. In the face of such competition, the 55 basis points slash by IDBI might not seem a very lucrative option for depositors.

      3rd July 2015

    • New rates cut announced by IDBI Bank

      IDBI Bank, one of the leading public sector banks in India announces its new rates cut in base and deposit rates. The bank cuts its base rate by 25 bps on last Thursday. Now, the new base rate of the bank stands at 10%. The new rates cut will be effective from May 11, 2015. The bank has also decided to reduce its retail term deposits/fixed deposit rates in select buckets by 10-25 bps with effect from the same date. It is expected that the reduction in interest rates will positively impact the loan growth of the bank.

      7th May 2015

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    • IDBI Bank Fixed Deposit Reviews

    Write a Review
    • IDBI Fixed Deposit
      "Trustworthy"
      0.5 5.0/5 "Blown Away!"
      IDBI has provided the best of services always I have a fixed deposit as well with them. I only have to get the bond and sign the same. They would will up the rest of the details and process it. I do not have to double check as they have always been trustworthy.
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      , chennai
      Reviewed on Aug 07, 2017
    • IDBI Fixed Deposit
      "Good experience"
      0.5 5.0/5 "Blown Away!"
      I would suggest IDBI bank is the best one to get the fixed because of the good rate of interest . Customer service is good one and am with them from the last three years of time. Penalty charges are lesser one with the m for the premature withdraw.
      Was this review helpful? 1

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      , bangalore
      Reviewed on Jun 19, 2017
    • IDBI Fixed Deposit
      "Very Responsive"
      0.5 4.0/5 "Great!"
      I deposited some amount with IDBI bank as a fixed deposit. Actually I deposited this amount for future savings also I will be getting some good interest rate at the end of the year. I got good support from the bank executives and they provided all the information regarding FD.
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      , indore
      Reviewed on May 04, 2017
    • IDBI Fixed Deposit
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      From the last one year of time I am having the fixed deposit account with the IDBI bank. The rate of interest is around 8.5% as a fixed one. Customer service is good with them and the interest will be compounded monthly.
      Was this review helpful? 5

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      , halol
      Reviewed on Apr 08, 2016
    • IDBI Fixed Deposit
      "Go for It!!!"
      0.5 5.0/5 "Blown Away!"
      IDBI is giving the interest rate according the rbi rules for the fixed deposit. They give the 7.75% interest rate there is no minimum lock in period. But if you withdraw the amount in between the lock in period they will charge penalty. There is activation and processing.We can avail the facility through online.
      Was this review helpful? 3

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      , pune
      Reviewed on Apr 08, 2016
    • IDBI Fixed Deposit
      "Very good rates"
      0.5 5.0/5 "Blown Away!"
      I hold a Fixed Deposit with IDBI bank. Compared to other nationalised banks, their rates, fees and charge are nominal and affordable by almost everybody. Their schemes and processing is good enough. The executives are also helpful and respond well. The interest rate offered is 10%.
      Was this review helpful? 4

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      , bhubaneshwar
      Reviewed on Mar 17, 2016
    • IDBI Fixed Deposit
      "Nothing new"
      0.5 4.0/5 "Great!"
      IDBI FD is very good. This was taken for a period of 3 years. Nothing special about them/ interest rate was good . Nothing negative to report about them and I have fill the 15 G form for getting tax benefit and I will be getting tax benefits at the time of maturity,
      Was this review helpful? 4

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      , mumbai
      Reviewed on Nov 07, 2015
    • IDBI Fixed Deposit
      "Communication was very nice"
      0.5 4.0/5 "Great!"
      Communication was very nice when it comes to IDBI FD. This is the first time I have opened this FD interest rate was good. Rate of interest offered by them this time was very low. I understand its purely based on the market it would change. I holding 2 FD with the same bank and I am holding it approximately for a period of 3 years and its a compounded interest
      Was this review helpful? 4

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      , pune
      Reviewed on Oct 17, 2015
    • IDBI Fixed Deposit
      "Best FD at you Finger Tips"
      0.5 5.0/5 "Blown Away!"
      I usually place the FD with IDBI Bank. Placing FD is as easy as it was never before. It just happens in two mins over the internet with the options as required by the customer. Also the interest rates as Good as compared to market and i recommend you should try it.
      Was this review helpful? 16

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      , pune
      Reviewed on May 15, 2015
    • IDBI Fixed Deposit
      "Very Good"
      0.5 4.0/5 "Great!"
      I hold an fixed deposit from IDBI bank. The interest rate offered is 9.25% and i used to take the tenure for 500 days in which i have completed my first tenures and started the second time The advantage of taking 500 days tenure is that we will be charged 2.5% more interest while the withdrawal.
      Was this review helpful? 4

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      , hyderabad
      Reviewed on May 09, 2015
    • IDBI Fixed Deposit
      "Really good "
      0.5 5.0/5 "Blown Away!"
      IDBI Fixed deposit is really good. There are 2 types of fixed deposit once is fixed and other is flexi. Flexi deposit is linked to the savings account, where as and when I want we can with draw funds form the ATM and for the remaining amount they would they would provide interest. They will also provide over draft facility on this deposit and where we can withdraw up to 90% of the amount and I have already referred my friend for this deposit,
      Was this review helpful? 9

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      , bangalore
      Reviewed on May 05, 2015
    • IDBI Fixed Deposit
      "Review on Fixed deposit"
      0.5 4.0/5 "Great!"
      Services are very good in IDBI and for liquidation of the amount they just took 15 minutes and this happened in my case. I had fixed deposit and closed it before mature date. IDBI helped me in getting liquidity even after bank closing hours. No penalty charges for pre matured withdrawal
      Was this review helpful? 6

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      , ahmedabad
      Reviewed on Mar 31, 2015
    • IDBI Fixed Deposit
      "Review on Fixed deposit"
      0.5 3.5/5 "Pretty good"
      Services are very good in IDBI and for liquidation of the amount they just took 15 minutes and this happened in my case. I had fixed deposit and closed it before mature date. IDBI helped me in getting liquidity even after bank closing hours. No penalty charges for pre matured withdrawal
      Was this review helpful? 4

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      , ahmedabad
      Reviewed on Mar 23, 2015
    • IDBI Fixed Deposit
      "Excellent..."
      0.5 5.0/5 "Blown Away!"
      Services are very good in IDBI and for liquidation of the amount they just took 15 minutes and this happened in my case. I had fixed deposit and closed it before mature date. IDBI helped me in getting liquidity even after bank closing hours. No penalty charges for pre matured withdrawal.
      Was this review helpful? 9

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      , kolkata
      Reviewed on Mar 13, 2015
    • IDBI Fixed Deposit
      "Use r friendly services"
      0.5 3.5/5 "Pretty good"
      I had opened up fixed deposit account with IDBI before 3 years. Its a compounding interest rate with good returns compared with other banks. I get regular intimations about fixed deposit certificate via on line. I would like to suggest IDBI as its user friendly services.
      Was this review helpful? 8

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      , mumbai
      Reviewed on Jan 29, 2015
    • IDBI Fixed Deposit
      "Good experience!!"
      0.5 4.0/5 "Great!"
      On quarterly basis rate would be accumulated and providing rate of interest for Fixed deposit is 9.25%. IDBI is near to my residence thus the officials came my place and they suggested to open FD. They cooperated well and they did everything on behalf of me. Status are being mailed timely regarding fixed deposit so overall I am satisfied.
      Was this review helpful? 6

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      , kolkata
      Reviewed on Jan 06, 2015
    • IDBI Fixed Deposit
      "Good"
      0.5 3.5/5 "Pretty good"
      The deposit which I have with IDBI bank was good. As this deposit is linked to my company it is easy for me to access it through the office executive who takes care of it. The customer support is really good. The rate of interest they provided was 13% which is good as it is an offer for certain corporate companies only.
      Was this review helpful? 5

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      , new delhi
      Reviewed on Dec 24, 2014
    • IDBI Fixed Deposit
      "Unmatched Fixed Deposit Scheme"
      0.5 5.0/5 "Blown Away!"
      I recently opened a New Fixed Deposit account at IDBI Bank (Kolkata). I compared The Prevailing Rate of Interest in the Current Period & Found that They're Offering The Highest Rate of Interest (At Per with Another nationalised Bank). Moreover there was a prevailing offer which Said that there would be no Deduction Charges if we close the a/c before Maturity Date. & The Best Part was, I didn't have to Visit the Bank, I just made a Call & they Sent Their Representative Down to Collect The Cheque. They're Highly Professional & I'm Very Happy with Their Service. Of Course Recommended! :)
      Was this review helpful? 5

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      , kolkata
      Reviewed on Dec 07, 2014
    • IDBI Fixed Deposit
      "Good Service"
      0.5 4.5/5 "Excellent!"
      I have been a customer with IDBI bank since 2005. The service is good and rate of interest is better than other Nationalised Bank. Staff is very smart and they manage to keep the customers happy and offer other investment ideas whenever they get a chance. I recommend this bank for any investment services.
      Was this review helpful? 6

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      , navi mumbai
      Reviewed on Nov 15, 2014
    • IDBI Fixed Deposit
      "Very good"
      0.5 4.0/5 "Great!"
      My experience of maintaining a fixed deposit with IDBI bank for the past 5 years was good. They are very committed in customer satisfaction and customer delight. They have better services than other banks. I had opened this FD through net banking as I was a savings account holder of the bank. They offered me a very good interest rate of around 9.5% and I renew the FD every year.
      Was this review helpful? 3

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      , raipur
      Reviewed on Nov 11, 2014
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