IDBI Bank has launched a limited period special 500 days deposit under the Amrit Mahotsav FD scheme. The deposit will offer 6.70 per cent interest rates. Further, a special bucket of 500 days for US dollar designated FCNR (B) deposits is also introduced offering a peak rate of 3.63 per cent.
IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.