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Fixed Deposit: If you want to earn bumper profits by investing your savings for a very short period, then this news is for you. Private sector lender IDBI Bank’s special fixed deposit scheme ‘Amrit Mahotsav FD’ is going to expire in a few days. Under this scheme, the bank offers up to 7.65% interest on FDs of 375 days and 444 days to its customers. Let us tell you that the last date to invest in this special FD of the bank is 30 September 2023.
You will get 7.65% interest
IDBI Bank offers 7.15% interest under Amrut Mohotsav FD Yojana for 444 days to its NRE and NRO customers. At the same time, the bank offers 7.65 percent interest for the same period to its senior citizen customers.
Bumper interest on 375 day FD
On the other hand, IDBI Bank offers 7.10% interest for 375 days under Amrut Mohotsav FD to its regular NRE and NRO customers. At the same time, the bank offers 7.60 percent interest to its senior citizen customers for the same period. ,
IDBI Bank FD Rates
Apart from all this, IDBI Bank offers interest ranging from 3% to 6.80% on 7 day to 10 year FD to its general customers. On the other hand, the bank offers interest ranging from 3.50% to 7.30% for the same period to its senior citizen customers. The new bank rates will be applicable from July 14, 2023.
Disclaimer: Here is information about share performance only, not investment advice. Investment in stock market is subject to risk and please consult your advisor before investing.