IDBI Bank introduces Festive Offer on Fixed Deposits

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IDBI Bank introduces Festive Offer on FixedDeposits

IDBI Bank has introduced a Festive Offer on its “Amrit Mahotsav” deposits.

The Bank has announced a peak rate of 6.90% for a special bucket of 555 days as a limited period offer.

The Bank has also increased its interest rate offers on Term Deposits with effect from October 21, 2022 across various maturity buckets.

The interest rate on 1 year deposit has been raised up to 6.75%, whereas the two year bucket is now offered with a peak rate of 6.85%.

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