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Home News IDBI Bank cuts deposit rates for various buckets from today

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IDBI Bank cuts deposit rates for various buckets from today

IDBI Bank cuts deposit rates for various buckets from today

Wednesday, April 5, 2017, 10:55 PM

IDBI Bank has lowered interest rates on retail term deposits by 0.5% for maturity between 31 days to up to 2 years. New rates on these deposits range from 4.50% to 6.40%. For senior citizens, the new rates will be ranging from 4.5% to 6.90%. On recurring deposits of regular customers, rates are slashed by 0.50-0.75% for 1 year to up to 10 years.
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