IDBI Bank offers 7.5% interest on senior citizens FDs; 7% interest on general fixed deposits

Under IDBI Bank Amrit Mahotsav special deposit scheme, the bank offers an interest of 7 per cent to the general public for term deposits maturing in 700 days. Senior citizens will earn an interest rate of 7.5 per cent for deposits with same tenure. The bank has also revised the interest rates of its fixed deposits (FDs) with effect from November 1, 2022. Check the revised FD interest rates of IDBI Bank here

from Personal Finance News-Wealth-Economic Times https://ift.tt/mBcfgKh