• IDBI Bank Suvidha Fixed Deposit Scheme

    If you are a customer of IDBI Bank then you can open a IDBI fixed deposit account if you wish to maximise your savings to take care of your financial needs in the future. You can apply for IDBI Bank Suvidha Fixed Deposit scheme where the application process is extremely simple and hassle-free. The interest rate offered by the bank ranges between 2.90% p.a. and 5.10% p.a.

    Benefits of IDBI Bank Suvidha Fixed Deposit

    • You can have access to your FD account anytime.
    • You can choose a tenure ranging from 7 days to 20 years.
    • The minimum deposit amount starts at Rs.10,000.
    • You can earn attractive interest rates on your deposits.
    • Senior citizens earn an additional 0.5% interest on their deposits.
    • There are various deposit options available as per your need.
    • You will be, however, penalised in case of premature withdrawal.
    • Overdraft facility available against your deposits.
    • Auto-renewal facility is available.

    Features of IDBI Bank Suvidha Fixed Deposit

    • You can get the income interest credited to your account monthly, quarterly, half-yearly, or annually.
    • You can get the interest earned on your deposits reinvested which would in turn help you earn higher.
    • You can earn fixed interest on your deposits.
    • You can avail overdraft facility where you can overdraft up to 90% of the deposit amount.
    • Senior citizens will earn 0.5% extra interest on their deposit amount.

    IDBI Bank Suvidha Fixed Deposit Interest Rate

    Tenure Interest rate (p.a.)
    General Customers Senior Citizens
    07-14 days 2.90% 3.40%
    15-30 days 2.90% 3.40%
    31-45 days 3.00% 3.50%
    46- 60 days 3.25% 3.75%
    61-90 days 3.25% 3.75%
    91-6 months 3.60% 4.10%
    6 months 1 day to 270 days 4.30% 4.80%
    271 days up to less than 1 year 4.30% 4.80%
    1 year 5.00% 5.50%
    More than 1 year - 2 years 5.10% 5.60%
    More than 2 years to less than 3 years 5.10% 5.60%
    3 years to to less than 5years 5.10% 5.60%
    5 years 5.10% 5.60%
    More than 5 years - 7 years 5.10% 5.60%
    More than 7 years - 10 years 5.10% 5.60%
    More than 10 years - 20 years 4.80% 5.30%

    How to Apply for IDBI Bank Suvidha Fixed Deposit

    Online

    • Visit the net banking portal of IDBI Bank and enter your username and password to log in to the portal.
    • You can then click on ‘Fixed Deposit’ under the ‘Menu’ section and apply to open an FD account. Submit the necessary documents.
    • You can also open an FD account through the bank’s mobile app.

    Offline

    • Visit the nearest IDBI Bank branch where a representative from the bank will help you with the application process.

    IDBI Bank Suvidha Fixed Deposit Scheme FAQs

    1. What is the minimum deposit amount?

      You will have to deposit a minimum of Rs.10,000 to open an FD account.

    2. Can I open an FD account in the name of a minor?

      Yes, you can open an FD account in the name of a minor.

    3. Will I need to have a bank account with the lender to open an FD account?

      Yes, you will be required to have a savings account with the lender to open an FD account.

    4. Can I change my deposit amount?

      Until your account attains maturity, you cannot change your deposit amount.

    5. Can I change my tenure?

      You cannot change your tenure. It will remain fix throughout till your account matures.

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.