IDBI Bank announces enhanced interest rates on the Utsav Fixed Deposit scheme for a limited period. The Bank has increased the interest rates on special tenures of 444 days and 375 days, now offering a peak rate of 7.85% and 7.75% per annum. This enhancement makes the Utsav Fixed Deposit an even more compelling option for customers seeking higher yields.
This limited period offer is valid till September 30, 2024. Customers can open an Utsav Fixed Deposit conveniently through the Bank’s website or mobile banking application or at any IDBI Bank branch.
Besides this, IDBI Bank continues to offer competitive rates on other special tenures under the Utsav Fixed Deposit scheme. The 700-day tenure offers a peak rate of 7.70% p.a., while the 300-day tenure provides 7.55% p.a.
This revision in interest rates reflects IDBI Bank’s commitment to offering customers attractive investment options that meet their financial needs.
