IDBI Bank has also changed the interest rates, so if you have also made a fixed deposit, then immediately check that at which rate you will get the revised interest rates on FD. The bank’s new interest rates have come into effect from March 18.
New Delhi: IDBI Bank has also changed the interest rates, so if you have also made a fixed deposit, then quickly check that at which rate you will get interest (revised interest rates on FD). The bank’s new interest rates have come into effect from March 18. The bank provides FD facilities ranging from 7 days to 20 years to the customers. Interest rates ranging from 2.9 per cent to 5.1 per cent are being given on a period ranging from 7 days to 20 years after the amendments made by the bank.
Let us tell you that on FDs ranging from 7 to 14 days and 15 to 30 days, IDBI Bank gives interest at the rate of 2.9 per cent. Apart from this, 3 percent interest for 31 to 45 days, 46-90 days, 3.25 percent interest, 91 days to 6 months is giving 3.6 percent interest.
How much interest will be received on 6 months FDs?
For FDs maturing over a period of 6 months to one year, the bank pays 4.3 per cent interest. At the same time, for deposits maturing from one year to 10 years, IDBI Bank will pay interest at the rate of 5.1 per cent. For FDs of 10 years to 20 years, the bank will give 4.8 per cent.
How much interest is getting on FDs-
>> 7-30 days – 2.9%
>> 31-45 days – 3%
>> 46-90 days – 3.25%
>> 91 days – 6 months – 3.6%
>> 6 months 1 day – 1 year – 4.3%
>> 1 year – 5%
>> 1 year to 5 years – 5.1%
>> 5 years to 10 years – 5.1 %
>> 10 years from 20 years – 4.8%
Axis Bank also changes in interest rates
tell you private The sector’s Axis Bank has also changed the interest rates. The new interest rates have come into effect from 18 March. Bank customers can get FD rates ranging from 7 days to 10 years. After the amendment, Axis Bank is offering an interest rate of 2.50 per cent on 7-day and 29-day FDs.
