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IDBI Bank

Fixed Deposit Rates

You are requested to reconfirm the rates from the respective banks before making any financial commitments.

a) For domestic deposits - less than Rs. 1cr (last revised on Aug 10, 2015)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
15 days to 30 days less than Rs. 1cr

4.50

4.50

Calculate
31 days to 45 days less than Rs. 1cr

5.75

5.75

Calculate
46 days to 60 days less than Rs. 1cr

6.25

6.25

Calculate
61 days to 90 days less than Rs. 1cr

6.75

6.75

Calculate
91 days to 6 months less than Rs. 1cr

7.50

7.50

Calculate
6 months 1 days to less than 270 days less than Rs. 1cr

7.60

7.60

Calculate
271 days to less than 1year less than Rs. 1cr

7.75

7.75

Calculate
1 yrs to less than 2 yrs less than Rs. 1cr

8.00

8.50

Calculate
2 yrs to less than 3 yrs less than Rs. 1cr

8.00

8.50

Calculate
3 yrs to less than 5 yrs less than Rs. 1cr

8.00

8.50

Calculate
Only 5 yrs less than Rs. 1cr

8.00

8.50

Calculate
Above 5 years to 7 years less than Rs. 1cr

8.00

8.50

Calculate
Above 7 years to 10 years less than Rs. 1cr

8.00

8.50

Calculate
Above 10 years up to 20 years less than Rs. 1cr

7.75

8.25

Calculate

b) For domestic deposits - Rs. 1cr and above (last revised on Aug 05, 2015)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days Rs. 1cr and above

6.00

N.A

Calculate
15 days to 30 days Rs. 1cr and above

6.00

N.A

Calculate
31 days to 45 days Rs. 1cr and above

6.25

N.A

Calculate
46 days to 60 days Rs. 1cr and above

6.25

N.A

Calculate
121 days to 180 days Rs. 1cr and above

6.25

N.A

Calculate
181 days to 240 days Rs. 1cr and above

6.75

N.A

Calculate
263 days to 13 months Rs. 1cr and above

7.50

N.A

Calculate
above 13 months to 35 months Rs. 1cr and above

7.25

N.A

Calculate
above 35 months to 40 months Rs. 1cr and above

7.25

N.A

Calculate
above 40 months to less than 5 years Rs. 1cr and above

7.25

N.A

Calculate
Above 5 years to 7 years Rs. 1cr and above

7.00

N.A

Calculate
Above 7 years to 10 years Rs. 1cr and above

7.00

N.A

Calculate

Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
Suvidha Tax Saving Fixed Deposits - 5 YEARS Upto Rs. 1 lakh

8.00

8.50

Calculate

Tax Implications:

  • The amount invested in fixed deposits with a maturity period of 5 years in a Scheduled bank is eligible for tax deduction under section 80C. However, the interest earned on the deposit is taxable.
  • Tax will be deducted at the source, if the interest income on a fixed deposit per annum exceeds Rs.10000

a) For NRO Fixed Deposit - less than Rs. 1cr (last revised on Aug 10, 2015)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
15 days to 30 days less than Rs. 1cr 4.50 Calculate
31 days to 45 days less than Rs. 1cr 5.75 Calculate
46 days to 60 days less than Rs. 1cr 6.25 Calculate
61 days to 90 days less than Rs. 1cr 6.75 Calculate
91 days to 6 months less than Rs. 1cr 7.50 Calculate
6 months 1 days to less than 270 days less than Rs. 1cr 7.60 Calculate
271 days to less than 1year less than Rs. 1cr 7.75 Calculate
1 yrs to less than 2 yrs less than Rs. 1cr 8.00 Calculate
2 yrs to less than 3 yrs less than Rs. 1cr 8.00 Calculate
3 yrs to less than 5 yrs less than Rs. 1cr 8.00 Calculate
Only 5 yrs less than Rs. 1cr 8.00 Calculate
Above 5 years to 7 years less than Rs. 1cr 8.00 Calculate
Above 7 years to 10 years less than Rs. 1cr 8.00 Calculate
Above 10 years up to 20 years less than Rs. 1cr 7.75 Calculate

b) For NRO Fixed Deposit - Rs. 1cr to 15 crs (last revised on Aug 05, 2015)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days to 14 days Rs. 1cr to 15 crs 6.00 Calculate
15 days to 30 days Rs. 1cr to 15 crs 6.00 Calculate
31 days to 45 days Rs. 1cr to 15 crs 6.25 Calculate
46 days to 60 days Rs. 1cr to 15 crs 6.25 Calculate
121 days to 180 days Rs. 1cr to 15 crs 6.25 Calculate
181 days to 240 days Rs. 1cr to 15 crs 6.75 Calculate
263 days to 13 months Rs. 1cr to 15 crs 7.50 Calculate
above 13 months to 35 months Rs. 1cr to 15 crs 7.25 Calculate
above 35 months to 40 months Rs. 1cr to 15 crs 7.25 Calculate
above 40 months to less than 5 years Rs. 1cr to 15 crs 7.25 Calculate
Above 5 years to 7 years Rs. 1cr to 15 crs 7.00 Calculate
Above 7 years to 10 years Rs. 1cr to 15 crs 7.00 Calculate

a) For NRE Fixed Deposit - less than Rs. 1cr (last revised on Aug 10, 2015)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
1 yrs to less than 2 yrs less than Rs. 1cr 8.00 Calculate
2 yrs to less than 3 yrs less than Rs. 1cr 8.00 Calculate
3 yrs to less than 5 yrs less than Rs. 1cr 8.00 Calculate
Only 5 yrs less than Rs. 1cr 8.00 Calculate
Above 5 years to 7 years less than Rs. 1cr 8.00 Calculate
Above 7 years to 10 years less than Rs. 1cr 8.00 Calculate
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