Over 9% FD interest rates for senior citizens: Check these 7 banks
According to the bank website, “Festive Offer Extension of ‘Utsav FD’ for 375 Days and 444 Days up to December 31, 2023.”
Amrit Mahotsav FD 444 days
The bank gives regular, NRE, and NRO customers an interest rate of 7.15% under the Amrit Mahotsav FD scheme of 444 days. The bank gives senior citizens 7.65%. Also, premature withdrawal and closure is allowed.
Amrit Mahotsav FD 375 days
The bank gives older folks 7.65%. The bank gives regular, NRE, and NRO customers an interest rate of 7.10% under the Amrit Mahotsav FD scheme of 375 days. Also, premature withdrawal and closure is allowed.
| Special Buckets | General/NRE/NRO | Senior citizens |
| 375 Days | 7.1 | 7.6 |
| 444 Days | 7.25 | 7.75 |
Latest IDBI Bank FD interest rates
IDBI Bank fixed deposit interest rates range from 3% to 6.80% for FD tenures of between 7 days and 10 years for general citizens and from 3.50% to 7.30% for senior citizens. The rates are effective from November 12, 2023.
| Maturity Slab | General Customers | Sr. Citizen |
| 0-6 Days | NA | NA |
| 07-30 days | 3 | 3.5 |
| 31-45 days | 3.25 | 3.75 |
| 46- 90 days | 4 | 4.5 |
| 91 days to 6 months | 4.5 | 5 |
| 6 months 1 day to 270 Days | 5.75 | 6.25 |
| 271 days to < 1 year | 6.25 | 6.75 |
| 1 Year to 2 Years | 6.8 | 7.3 |
| (except 375 Days and 444 Days) | ||
| > 2 Years to <3years | 7 | 7.50 |
| 3 years to 5 years | 6.5 | 7 |
| >5 years to 10 years | 6.25 | 6.75 |
| >10 years to 20 years$ | 4.8 | 5.30 |
| Tax Saving FD | ||
| 5 years | 6.5 | 7 |