look news india
IDBI Bank has announced to extend the deadline of its special FD offer. The bank had given a special offer in the name of Utsav FD. In which special rates were offered for FDs of 3 different time periods. The deadline for this FD offer was till 31 March 2024. Now the deadline of this offer has been extended. The bank has announced that the deadline for depositing FD has been extended till June 30, 2024.
FD offers are for deposits of 300 days, 375 days and 444 days. Under the offer, the bank is offering a minimum rate of 7.05 percent, which is available to general customers on FDs of 300 days, while the bank is offering a maximum rate of 7.75 percent, which is available to senior citizens on FDs of 444 days. .
What is the offer?
Under the 300 day Utsav FD offer, the bank is offering 7.05 percent interest rate to general customers. Under this offer, senior citizens will get 7.55 percent interest.
At the same time, under 375 days Utsav FD, it is offering 7.1 percent interest to general customers. Whereas senior citizens are getting 7.6 percent interest.
General customers are getting 7.25 percent interest on FD of 444 days. Whereas senior citizens are getting interest of 7.75 percent.
According to the information given by the bank, the deposit offer for a period of 300 days is not available on NRE deposits. There is an option to withdraw money from FD prematurely or to close it. Rates for employees and senior citizens will not be applicable on NRO and NRE fixed deposits. Other terms and conditions on special FDs will remain the same as applicable to other deposits.