Following the State Bank of India (SBI), the largest state-owned bank in the country, the major private IDBI Bank (IDBI Bank) is now bringing good news to its customers. IDBI Bank Interest Rates: Following the country’s largest state-owned bank, India State Bank (SBI), the major private IDBI Bank (IDBI Bank) shares the good news with its customers. Banks have raised interest rates on deposits (FD) of less than Rs 200 million by 0.25 percent.
Price revision that came into effect today
According to bank information released on Tuesday, the changed interest rates will apply from June 15th. According to banks, banks have raised interest rates on time deposits signed between 91 days and 6 months (91 days to 180 days) from 0.25% to 4% (FD). Previously it was 3.75 percent.
Interest rates have risen
Also, interest rates on deposits between 3 and less than 5 years rose from 0.10% to 5.60%, previously 5.50%. In addition, fixed deposits for individual clients for a period of 5 to 7 years bear interest of 5.75%. Previously it was 5.60 percent. Increased by 15 Paisa. According to reports, IDBI Bank has a customer base of approximately 3 million. The bank was once semi-public but is now completely private. Prior to that, the fixed deposit rate was also changed by the bank on April 20th.
IDBI Bank’s new interest rate (IDBI Bank’s FD interest rate)
07-14 days: 2.7 percent
15-30 days: 2.7 percent
31-45 days: 3 percent
46-60 days: 3.25%
61-90 days: 3.4 percent
From 91 days 180 days: 4 percent
3 to 5 years: 5.6%
Up to 5 years or more: 5.75%
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