IDBI Bank Fixed Deposit 2025 - Features, Tenure & Rate of Return

1. Suvidha Fixed Deposit
2. Suvidha Tax Saving Fixed Deposit
3. IDBI Bank Floating Rate Term Deposits
4. Systematic Savings Plan

Features & Benefits of IDBI Bank Suvidha Fixed Deposit:

1. Minimum deposit period of seven days and a maximum period of 20 years.
2. Get access to your deposits anytime.
3. Minimum deposit required is Rs.10,000 to open an FD account.
4. Get attractive rates of interest.
5. Senior citizens can also open their FD accounts with IDBI Bank. They are entitled to get extra 0.5% benefit on their deposits for a period of 6 months 2 days and above.
6. The bank does charge a any penalty fee on premature withdrawal of FDs.
7. Get overdrafts against your fixed deposits.
8. Auto renewal facility is available on maturity.
9. Different deposit options are available.
10. Get interest at monthly, quarterly and annual basis depending on your preference.

Features & Benefits of IDBI Bank Suvidha Tax Saving Fixed Deposit:

1. Door to door banking service is available.
2. Individuals and members of HUF can invest in this deposit.
3. Deposit is accepted for a period of 5 years.
4. You can deposit up to Rs. 1.5 lakhs.
5. Avail a lump sum amount on maturity of your deposits after 5 years.
6. Loans are provided against this deposit. You can get home loans, personal loans and educational loans with minimal paperwork.

Features & Benefits of IDBI Bank Floating Rate Term Deposits:

1. Get loans against your term deposits under this scheme.
2. Nomination facility is available.
3. Minors are allowed to open their FD account jointly under this scheme.
4. Automatic renewal option is available.
5. Get tax deduction at source.
6. No premature withdrawal up to 1 year.
7. Senior citizens are allowed to open their FDs under this scheme with additional rates of interest.
8. Individuals can open their FD accounts both jointly and singly
9. Minimum amount required to open an FD is Rs.10,000.
10. Maximum amount required to open an FD is less than Rs.1 crore.
11. Deposit is accepted for a minimum period of 1 year and a maximum period of 20 years.

Features & Benefits of IDBI Bank Systematic Savings Plan

1. Get complimentary redeemable reward points of up to 1,000 points.
2. Get a complimentary Personal Accident Insurance Cover of up to Rs.5 lakh.
3. Minimum installment amount of Rs.5,000 and above.
4. Minimum tenure of 3 years and maximum tenure of 10 years.
5. This fixed deposit plan can be availed by an individual and Hindu Undivided Families (HUFs).

IDBI Bank FD Eligibility

Resident Indians, NRIs, senior citizens and members of HUF can open their fixed deposit accounts with IDBI Bank and get maximum returns on their savings.

IDBI Bank FD Interest Rates

The bank offers attractive rates of interest on its fixed deposits. For domestic and NRO term deposits, the highest rate of interest offered by the bank for deposits of up to Rs.2 crore is 6.80% p.a. which is for the 5-year tenure. The lowest rate of interest offered by the bank for the same is 3.00% p.a. for a tenure of up to seven days. The interest rates of IDBI Bank vary based on the tenure of deposits and the amount deposited. However, these IDBI bank FD interest rates are subject to change from time to time without providing prior notice to its customers.

IDBI Bank FD for Senior Citizens

IDBI Bank allows senior citizens to open their fixed deposit accounts with the bank. It offers special rates of interest for senior citizens. They can invest for a minimum period of 15 days to a maximum period of 20 years with IDBI Bank. The highest rate of interest offered to senior citizens is 7.30%. The lowest rate of interest offered to them is 3.50%.

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