Fixed Deposit Details
Bank Name
IDBI Bank
Eligibility
Individuals and HUF
Interest Rate
3 to 7% per annum,
Tenure
7 days to 20 years.
Fixed Deposit Type
Regular
Suvidha Fixed Deposit
Tax Benefits
Credit Ratings
CRISIL AA+/Stable
Interest Payment Frequency
Monthly/Quarterly/Annual. Typically for fixed deposits having interest payment at maturity, compound interest is applicable and for fixed deposits having monthly interest payment, simple interest is applicable. Typically fixed deposits having a tenure of one year or less, simple interest is applicable. It is best to consult the bank officials before you book a fixed deposit
Cummulative/Non-Cummulative
Both
Features
- Minimum deposit of 10,000.
- Link your savings account with multiple Fixed Deposits. If there are no funds in the savings account then the same can be broken from the Fixed Deposit through a debit card or a cheque. The Fixed Deposit booked last will be broken first.
- Loan facility is available.
Minimum Investment Amount
10,000
Features & Benefits
Pros
- Sweep-in facility for Fixed Deposits.
- Additional concession for senior citizens.
- Tenure of up to 20 years.
Cons
- High minimum deposit requirements.
Pros & Cons
How to Open?
01. Get In Touch
Call on our Phone Banking numbers Toll Free -
1800-209-4324
1800-22-1070 (24x7 service)
02. Visit Our Branch
Visit the nearest branch.
Find the Nearest Branch
03. Receive a Call Back
Our representative will contact you at the earliest.
Product Review
About this content
Public source: Original MyRupaya page
Captured 2026-11-06T10:59:19Z. Public page text has been preserved and restyled. Historical financial/product information may be outdated. Embedded widgets and forms are not copied or connected to live services.
