The IDBI Bank on Friday (16 February) introduced its latest Fixed Deposit. The bank announced a “Special Limited Period Callable FD Offer of 300 Days” with peak rates of 7.55% per annum.
The new Fixed Deposit plan has been introduced under the Utsav FD scheme of IDBI Bank. It will cater to customers seeking attractive rates in shorter tenures. Besides this, the existing Utsav FDs for 375 and 444 days will continue to offer competitive rates of up to 7.60% per annum and and 7.75% per annum respectively.
“IDBI Bank has introduced its latest offering of “Special Limited Period Callable FD Offer of 300 Days” with peak rates of 7.55% p.a. This initiative is introduced under the Utsav FD scheme, and caters to customers seeking attractive rates in shorter tenures. Besides this, the existing Utsav FDs for 375 and 444 days continue to offer competitive rates of up to 7.60% p.a. and 7.75% p.a. respectively,” the bank said in a statement to media.