IDBI Bank has launched Amrit Mahotsav FD. Common citizens are getting 7.10 percent and senior citizens are getting 7.60 percent interest on 375 days FD scheme.
Bank FD Scheme: IDBI Bank has launched a new FD scheme. If you are planning to invest in Up Bank FD, then this scheme can be a great option for you. The name of the scheme is Amrit Mahotsav FD. maturing in 375 days
Common citizens are getting 7.10 percent and senior citizens are getting 7.60 percent interest on 375 days FD scheme. On the other hand, on FD of 444 days, ordinary citizens are getting 7.25% and senior citizens are getting 7.75% interest.
Interested investors can invest in this scheme which started from 14th July till 15th August. This scheme will continue for a limited period of time. Under Amrit Mahotsav FD, a maximum interest of 7.75 per cent is being received annually. Explain that the 444 days FD scheme was launched in February 2023 under the callable option. Whereas 375 days FD has started in July.
IDBI Bank has also changed the interest rates available on FDs of less than 2 crores. Common citizens are getting interest ranging from 3% to 6.80%. Ordinary citizens are getting the highest interest on FDs of 1 year to 2 years. The rates are 6.8 per cent. Senior citizens are getting 0.5 percent more interest. On the other hand, 6.5 percent interest is being given to ordinary citizens and 7 percent interest to senior citizens on 5-year tax saving FD.
