Interest Rates
4.75% – 4.80%
Time Period
3 months – 20 years
Min - Max Amount
10,000 - No limit
Compounding
Quarterly
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Expected Rate of Return
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₹ 0
Invested Amount
₹ 10,000
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IDBI Bank Limited functions as a full-service universal bank, catering to customers across all segments with a diverse range of financial products. The bank traces its roots to the Industrial Development Bank of India, which was established in 1964 as a Development Financial Institution and later transformed into a commercial bank in 2004.
Over the years, IDBI has expanded by merging its key subsidiaries and strengthening its presence in retail, corporate, and investment banking. Today, it offers services spanning capital markets, mutual funds, and investment banking, while maintaining a strong retail base through branches, ATMs, and digital platforms.
For depositors, IDBI Bank provides multiple fixed deposit (FD) options designed to offer secure returns over a chosen tenure. Customers benefit from features such as loan facilities against FDs, auto-renewal options, and flexible tenures, making IDBI FDs a reliable choice for individuals seeking steady growth on their savings.
Tenure | Regular Rate (p.a.) % | Senior Citizen Rate (p.a.) % |
0 – 6 Days | NA | NA |
07 – 30 Days | 3.00 | 3.50 |
31 – 45 Days | 3.25 | 3.75 |
46 – 60 Days | 4.50 | 5.00 |
61 – 90 Days | 4.75 | 5.25 |
91 Days – 6 Months | 5.50 | 6.00 |
6 Months 1 Day – 270 Days | 5.75 | 6.25 |
271 Days – < 1 Year | 6.00 | 6.50 |
1 Year – 2 Years (except 444, 555 & 700 Days) | 6.55 | 7.05 |
> 2 Years – < 3 Years | 6.55 | 7.05 |
3 Years – 5 Years | 6.25 | 6.75 |
> 5 Years – 10 Years | 5.95 | 6.45 |
> 10 Years – 20 Years | 4.80 | 5.30 |
Tax Saving FD – 5 Years | 6.25 | 6.75 |
Vasundhara Green Deposit – 1111 Days | 6.25 | 6.75 |
Note: The data is as of July 18, 2025
IDBI Bank offers short-term FDs with a tenure between 7 days and 12 months. The interest rates for these deposits range from 3.00% p.a. to 6.00% p.a. They can be suitable for individuals looking for safe, short-duration investment options with assured returns.
For medium-term FDs, the tenure extends beyond 1 year and goes up to less than 5 years. The bank provides interest rates of around 6.55% to 6.25% p.a. They can be suitable for those who want to balance liquidity with stable returns over a moderate time frame.
Long-term deposits with IDBI Bank come with tenures ranging from 5 years to 20 years. The interest rates offered are between 6.25% and 4.80% p.a. Such deposits can be suitable for investors aiming for long-term financial security and steady growth.
| Tenure | Institution Name | Interest Rate (% p.a.) |
|---|---|---|
| > 2 Years – < 3 Years | 6.55› |
 | 1-year | 7.75› |
 | 5-year | 8.00› |
 | 3-year | 7.65› |
 | 1-year | 7.25› |
Note: The data is as of August 27, 2025
IDBI Bank offers multiple convenient ways to open a Fixed Deposit (FD) account. Investors can choose to apply online through Internet Banking or the Mobile App, or visit the nearest branch for offline account opening.
Note: Nominee details must be submitted physically at the branch.
The IDBI Bank Suvidha Tax-Saving Fixed Deposit offers the dual advantage of safe returns and tax benefits under Section 80C of the Income Tax Act. Individuals and Hindu Undivided Families (HUFs) can invest up to ₹1.5 lakh in a financial year with a fixed tenure of 5 years. This scheme helps investors build a lump sum corpus while reducing their taxable income.
Loans such as home, personal, or education loans can also be availed against the deposit with minimal paperwork. It is important to note that the interest earned on this FD is taxable as per applicable income tax slabs. TDS at 10% applies if annual interest exceeds ₹40,000 (₹50,000 for senior citizens), rising to 20% without a PAN submission.
For premature withdrawals, IDBI Bank pays interest after deducting a 1% penalty from the applicable rate, which will be the lower of the contracted rate or the rate for the actual deposit period. This rule also applies to partial withdrawals and sweep-ins. Floating rate FDs do not permit withdrawal within the first year. For NRO and FCNR deposits, interest is paid at either the contracted rate or the rate applicable for the completed tenure, whichever is lower.
