IDBI Bank has revised its fixed deposit interest rates, effective from September 19, 2025. The bank offers FD interest rates between 3% and 6.55% for general citizens and between 3.50% and 7.05% for senior citizens, for tenures ranging from 7 days to 10 years. The interest rates for various maturity slabs are as follows: 3% for 7-30 days, 4.5% for 46-60 days, 5.5% for 91 days to 6 months, and 6.55% for 1 year to 2 years.
The bank also offers special fixed deposit schemes, including the IDBI Utsav Fixed Deposit, which has been extended until March 31, 2026. This scheme offers tenures of 444, 555, and 700 days, with interest rates ranging from 6.50% to 6.65% for general citizens and 7.00% to 7.15% for senior citizens.
Additionally, IDBI Bank has introduced the IDBI Chiranjeevi-Super Senior Citizen FD, exclusively for resident individuals aged 80 years and above. This scheme offers interest rates of 7.25% for 444 days, 7.30% for 555 days, and 7.15% for 700 days.
The bank charges a 1% penalty on the applicable rate for deposits closed prematurely, involving both partial withdrawals and sweep-ins. The interest payable on prematurely withdrawn deposits will be the rate applicable for the amount and the period for which the deposit remained with the bank.
Other notable fixed deposit schemes offered by IDBI Bank include the Tax Saving FD, which offers a 5-year tenure with an interest rate of 6.35% for general citizens and 6.85% for senior citizens, and the Vasundhara Green Deposit, which offers a 1111-day tenure with an interest rate of 6.35% for general citizens and 6.85% for senior citizens. Overall, IDBI Bank’s revised fixed deposit interest rates aim to provide competitive returns to its customers, while also offering specialized schemes for senior citizens and super senior citizens.