IDBI Bank has announced an increase in interest rates for its Utsav Fixed Deposit scheme. The new rates offer up to 7.85% interest for deposits with a 444-day tenure. These increased rates are available for a limited time.
New FD Rates
- For a 444-day deposit, the interest rate is now 7.85% per year.
- For a 375-day deposit, the interest rate is 7.75% per year.
The bank stated that these new rates make the Utsav Fixed Deposit scheme more attractive to customers looking for higher returns.
Validity and Availability
The new rates are valid until September 30, 2024. You can take advantage of this scheme through IDBI Bank’s website, mobile banking app, or any of its branches.
Additional Rates
- For a 700-day deposit, the interest rate is 7.70%.
- For a 300-day deposit, the rate is 7.55%.
