After the country's largest public sector bank State Bank of India (SBI), now the leading private sector IDBI Bank has given good news to its customers. The bank has increased the interest rates by up to 0.25 percent on fixed deposits (FDs) of less than Rs 2 crore. In the information released by the bank on Tuesday, it was told that the revised rates will be effective from June 15. According to the news given by the bank, the bank has increased the interest rate on fixed deposits (FDs) completed between 91 days to six months (91 days to 180 days) by 0.25 percent to 4 percent. Earlier it was 3.75 per cent.
Apart from this, the interest rate on deposits ranging from 3 years to less than 5 years has been increased by 0.10 percent to 5.60 percent, which was earlier 5.50 percent. Apart from this, interest at the rate of 5.75 percent will be given on retail fixed deposits of 5 years to 7 years. Earlier it was 5.60 per cent. It has been increased by 15 paise. According to a report, IDBI Bank has a customer base of around 3 crores. Let us tell you that earlier this bank was semi government, which has now become completely private. Earlier, on April 20, the fixed deposit rates were also changed by the bank.
IDBI Bank New Interest Rates (IDBI Bank FD Interest Rates):-
Day 07-14: 2.7 percent 15-30 days: 2.7 percent 31-45 days: 3 percent 46-60 days: 3.25 percent 61-90 days: 3.4 percent 91 days to 180 days: 4 percent 3 years to 5 years: 5.6% Above 5 years: 5.75 percent
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