IDBI Bank Fixed Deposit Interest Rates 2025 - Latest FD Schemes
IDBI Bank offers the Suvidha Fixed Deposit scheme with interest rates ranging between 3.00% and 7.00% p.a. with a tenure ranging between 7 days and 20 years.
Senior citizens are offered an additional interest rate as well.
Domestic Term Deposits Less than Rs.3 crore
Tenure | Regular FD rates (per annum) | Senior Citizens FD rates (per annum) |
07-30 days | 3.00 | 3.50 |
31-45 days | 3.25 | 3.75 |
46- 60 days | 4.50 | 5.00 |
61- 90 days | 4.75 | 5.25 |
91 days to 6 months | 5.50 | 6.00 |
6 months 1 day to 270 Days | 6.00 | 6.50 |
271 days to < 1 year | 6.25 | 6.75 |
1 Year to 2 Years (except 375 Days, 444 Days, and 700 Days) | 6.80 | 7.30 |
> 2 Years to <3years | 7.00 | 7.50 |
3 years to 5 years | 6.50 | 7.00 |
>5 years to 10 years | 6.25 | 6.75 |
>10 years to 20 years$ | 4.80 | 5.30 |
Note: The IDBI Bank Fixed Deposit rates tend to change at the bank’s discretion. The rates given here are valid as of 15 August 2024.
IDBI Bank Suvidha Tax Saving Fixed Deposit Rates
Maturity Period | Interest Rate for General Public (p.a.) | Interest Rate for Senior Citizens (p.a.) |
5 years | 6.50% | 7.00% |
*The IDBI Bank Suvidha Tax Saving Deposit interest rates are subject to change at the discretion of the bank. The rates of interest in this table are effective as of 17 January 2024.
IDBI Special FD Rates - Amrit Mahotsav FD
The interest rate is given below:
Tenure | Interest Rate for General Public (p.a.) | Interest Rate for Senior Citizens (p.a.) |
375 Days | 7.25% | 7.75% |
444 Days | 7.35% | 7.85% |
*The IDBI Bank Fixed Deposit rates tend to change at the bank’s discretion. The rates are valid up to 31 December 2024.
IDBI Bank Bulk Term Deposit Rates - Non Callable
Maturity Slabs | >Rs 10 cr to Rs 50 cr | >Rs 50 cr to Rs 100 cr | >Rs 100 cr to Rs 200 cr | >Rs 200 cr to Rs 500 cr. | >Rs 500 cr |
91 - 180 days | 7.31% | 7.36% | 7.36% | 7.36% | 7.36% |
181 – 250 days | 7.36% | 7.36% | 7.51% | 7.51% | 7.51% |
251 days - 270 days | 7.46% | 7.51% | 7.56% | 7.56% | 7.61% |
271 days to < 1 year | 7.61% | 7.61% | 7.66% | 7.66% | 7.71% |
1 year | 7.91% | 7.91% | 7.91% | 7.91% | 7.91% |
>1 year -1 year 3 month | 7.91% | 7.91% | 7.91% | 7.91% | 7.91% |
>1 yr 3 month - 2 year | 7.21% | 7.21% | 7.21% | 7.21% | 7.21% |
Note: Interest rates are effective from 19 October 2024.
IDBI Bank NRI Fixed Deposit Rates
IDBI Bank NRE FD Rates
Maturity Slab | Interest Rate for General Public (p.a.) |
1 year | 6.80 |
> 1 Year to 2 Yrs (except 375 and 444 Days) | 6.80 |
> 2 Years to < 3 Years | 7.00 |
3 years to < 5years | 6.50 |
5 years | 6.50 |
> 5 years to 7 years | 6.25 |
>7 years to 10 years | 6.25 |
*The IDBI Bank NRE Deposit interest rates are subject to change at the discretion of the bank. The rates of interest in this table are effective as of 15 August 2024.
IDBI Bank NRO FD Rates
Maturity Slab | Interest Rate (% p.a.) |
07-14 days | 3.00 |
15-30 days | 3.00 |
31-45 days | 3.25 |
46- 60 days | 4.25 |
61-90 days | 4.50 |
91-6 months | 5.50 |
6 months 1 day to 270 days | 6.00 |
271 days up to < 1 year | 6.25 |
1 year | 6.80 |
>1 Year to 2 Years(except 375 and 444 Days) | 6.80 |
> 2 Years to < 3 Years | 7.00 |
3 years to < 5years | 6.50 |
5 years | 6.50 |
> 5 years to 7 years | 6.25 |
>7 years to 10 years | 6.25 |
Note: The IDBI Bank NRO Deposit interest rates are subject to change at the discretion of the bank. The rates of interest in this table are effective as of 15 August 2024.
IDBI Bank FCNR (B) FD Rates
Tenure | USD | GBP | EUR | AUD | CAD | JPY* | SGD | HKD | CHF |
1 yr to less than 2 yrs | 5.15% | 4.85% | 3.70% | 4.35% | 4.37% | 0.61% | 2.79% | 1.00% | 0.50% |
2 yrs to less than 3yrs | 4.50% | 4.55% | 2.70% | 4.35% | 4.07% | 0.25% | 2.74% | 1.00% | N.A. |
3 yrs to less than 4 yrs | 4.10% | 4.00% | 2.26% | 4.20% | 3.72% | 0.10% | 1.46% | 1.00% | N.A. |
4 yrs to less than 5 yrs | 3.90% | 3.50% | 2.26% | 4.14% | 3.50% | 0.10% | 0.46% | 1.00% | N.A. |
5 years only | 3.90% | 3.50% | 2.26% | 4.27% | 3.37% | 0.10% | 0.46% | 1.00% | N.A. |
Note: The rates of interest in this table are effective as of 1 November 2024.
Features and Benefits of IDBI Fixed Deposits
The main features and benefits of the IDBI Bank FD scheme are mentioned below:
- The FD account can be accessed anywhere.
- Several deposit options are provided.
- Auto-renewal facility is offered.
- Loans can be availed against the balance that is available in the account.
- Premature withdrawal facility is provided. However, a penalty will be levied in the case of premature withdrawal.
- Senior citizens are offered an additional interest rate.
- The tenure of the scheme ranges between 7 days and 10 years.
- The minimum deposit that must be made is Rs.10,000.
Eligibility Criteria of IDBI Fixed Deposits
The eligibility criteria that must be met in order to open an FD account with IDBI Bank are mentioned below:
- Charitable institutions
- Educational institutions
- Firms
- Partnerships
- Sole proprietorships
- Senior citizens
- Hindu Undivided Family
- Non-Resident Indians
- Minors
- Residents
- Joint account holders
- Individuals
Documents Required of IDBI Fixed Deposits
The documents that must be submitted to open an FD account with IDBI Bank are mentioned below:
- Permanent Account Number (PAN) Card
- Passport-size photographs
- Proof of age
- Proof of address
- Proof of identity
- Application form
Different FD schemes offered by IDBI:
- Suvidha Fixed Deposit
- Suvidha Tax Savings Fixed Deposit
- IDBI Bank Floating Rate FD
- Naman Senior Citizens Deposits
FAQs on IDBI Bank Fixed Deposit Rates
- What is the minimum amount that must be deposited in order to open an FD account with IDBI Bank?
The minimum amount that must be deposited in order to open an FD account with IDBI Bank is Rs.10,000.
- Can I avail a loan against the FD account offered by IDBI Bank?
Yes, you can avail a loan against the amount that is available in the FD account.
- Is it possible to open a joint FD account with IDBI Bank?
Yes, you can open a joint FD account with IDBI Bank
- Are senior citizens provided with an additional interest rate if they open an FD account with IDBI Bank?
Yes, senior citizens are provided with an additional interest rate if they open an FD account with IDBI Bank.
- Does IDBI Bank provide a premature withdrawal facility on its FD account?
Yes, IDBI Bank provides a premature withdrawal facility on its FD account. However, a penalty will be levied in the case of premature withdrawal.
- What are the tenure options available for IDBI Bank Suvidha Fixed Deposit?
You can open the IDBI Bank Suvidha Fixed Deposit for tenures ranging from 7 days to 20 years.
- Is an auto-renewal facility available for IDBI Bank Suvidha Fixed Deposit?
Yes, an auto-renewal facility is available for IDBI Bank Suvidha Fixed Deposit
- Who can open the IDBI Bank Suvidha Tax-Saving Fixed Deposit?
All individuals and HUFs are eligible to open the IDBI Bank Suvidha Tax-Saving Fixed Deposit.
- What is the maximum amount you can invest in the IDBI Bank Suvidha Tax-Saving Fixed Deposit?
The maximum amount you can invest in the IDBI Bank Suvidha Tax-Saving Fixed Deposit is Rs.1.5 lakh.
- What is the IDBI Bank Floating Rate Fixed Deposit?
IDBI Bank Floating Rate Fixed Deposit is a variant of a fixed deposit in which the interest rate fluctuates in line with a reference rate that is periodically reset. You will be able to benefit from interest rate changes with this deposit instead of having to close and rebook your FD account.
- Can I avail a nomination facility on the IDBI Bank Floating Rate Fixed Deposit?
Yes, you can get a nomination facility on the IDBI Bank Floating Rate Fixed Deposit.
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