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Fixed Deposits Interest Rate
Deposits IDBI Bank revises fixed deposit rates at an attractive interest rate of 9.25% p.a. for 1100 days and 9.00% p.a.
for 500 days for normal deposits and 10% p.a. for 1100 days and 9.75% for 500 days for senior citizens w.e.f
Loans
January 04, 2011 .
Cards
The Bank pays interest on deposits as per various deposit scheme. Interest Rates are revised from time to time and
Financial Planning made known to public. Revised interest rates are applicable only to the renewals and fresh deposits while existing
deposit continue to get interest at the contracted rate
Capital Markets

NRI Services
9.00%
Base Rate (w.e.f January 01, 2011)
Preferred Banking All floating Loans are linked to Base Rate of the Bank.
Current BPLR (w.e.f January 01, 2011) 13.75%
Institutional Banking
Resident Term Deposits & NRO Deposits (Effective from January 04, 2011)
Forms
Rate (%)
Tenor
Schedule of Charges Upto Rs.15 lakh Above Rs.15 lakh upto Rs.1 cr

Interest Rates 15-45 days 3.25 3.25

EMI Calculator 46-90 days 5.50 5.50

Reach Us 91 days < 6 months 6.50 6.50

Central Interest Subsidy 6 months –269 days 7.25 7.25

Scheme on Education Loan

270 days - 1 year 8.00 8.00

1 year 1 day-499 days 8.50 8.50

500 days 9.00 9.00

>500 days -1099 days 9.00 9.00

1100 days 9.25 9.25

>1100 days– 5 years 8.60 8.60

>5 years - 7 years 8.50 8.50

>7 yrs-10 years 8.75 8.75

** All branches are requested to use the codes specific for 500 days and 1100 days for opening these special buckets
account.

Senior Citizens Deposits (Effective from January 04, 2011 )

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Rate (%)
Tenor
Upto Rs.15 lakh Above Rs.15 lakh upto Rs.1 cr

46-90 days 6.00 6.00

91 days - < 6 months 7.00 7.00

6 months –269 days 7.75 7.75

270 days- 1 year 8.50 8.50

1 year 1 day-499 days 9.25 9.25

500 days 9.75 9.75

>500 days -1099 days 9.75 9.75

1100 days 10.00 10.00

>1100 days – 5 yrs 9.35 9.35

>5 yrs-7 yrs 9.25 9.25

>7 yrs-10 years 9.50 9.50

Suvidha Tax Saving Fixed Deposits (5 YEARS)

w.e.f. 01-01-2011

Normal Retail Rate 8.50

Senior Citizens 9.25

Recurring Deposits (Effective from January 04, 2011 )

Tenor Rate of Interest

1 year - 16 mths 8.50

>16 mths - <2 yrs 9.00

2 yrs - 36 mths 9.00

>36 mths - 5 yrs 8.60

>5 yrs - 7 yrs 8.50

>7 yrs – 10 yrs 8.75

The retired staff members of our Bank, fulfilling the prescribed criteria of Senior Citizens (as advised by Bank) would
also be eligible to get this benefit of 0.50% higher rate of interest (on deposits upto 1 year) and 0.75% higher rate of
interest (on deposits above 1 year) in addition to existing benefit of 1% higher (on all maturities) over and above the
normal rates as per extant guidelines, on domestic term deposits.

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Interest payable on Premature Withdrawal of Term Deposits

No penalty for premature withdrawal on all the above deposits opened/renewed with effect from 1st Jan. 2011

No premature penalty will be applicable if the existing FD’s of Individuals, HUFs and TASC customers are rebooked
with us for an equal or longer maturity period.- eg.- If a customer had booked an FD in April 14, 2010 for 2 years and
he now proposes to preclose and reinvest afresh from January 01, 2011 for 2 years or more. In case the customer
prefers to prematurely withdraw the deposit (FD booked before 01st Jan 2011 ) from the Bank, the existing penalty
norms will be applicable

Deposits above Rs. 1 cr.(Effective from 15th Dec 2010)

PREMIUM RETAIL DEPOSIT BULK DEPOSIT CARD RATES

MATURITY SLAB
(Above Rs.1 cr. upto Rs.5 cr.) (Above Rs.5 crores)

07-14 days 6.25 6.25

15-30 days 6.50 6.50

31-45 days 6.75 6.75

46-90 days 7.00 7.00

91-119 days 6.75 6.75

120 – 179 days 8.00 8.00

180 -269 days 8.25 8.25

270 -364 days 8.50 8.50

1 yr - < 2 yrs 8.75 8.75

2 years - < 3 yrs 8.50 8.50

3 years - < 5 yrs 8.50 8.50

8.25 8.25*
5 years and above
*(Annualised yield of abt 8.51%)

Interest payable on prematurely withdrawn deposits will be the contracted rate

Penalty for Premature Closure of
or the rate applicable for which the deposit remained with the Bank, whichever
deposits:
is lower, less 1% penalty.

For FDs above Rs. 10 cr.pl. contact your dealing branch.

Mibor linked deposit (Effective from January 8,2010 )

Anchor NSE MIBOR (Mumbai Interbank Overnight Rate) put out by NSE every morning at 10.00hrs.

Tenor Rate of Interest

7 - 30 days Mibor minus 100 bps

31 - 45 days Mibor minus 80 bps

46 - 90 days Mibor minus 60 bps

Interest Rate
Daily
Reset

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Minimum
denomination of Above INR 1cr
deposit

Premature There will not be any premature payment penalty on these deposits. However the interest rate
withdrawal applicable will be the rate applicable for the period for which the deposit runs with the bank. The
average daily MIBOR (as updated on the Treasury Intranet site daily) will be applied for the
period during which the deposit runs with the bank. The cut off time for exercising premature
withdrawal will be 3.00pm of the previous working day.

Interest P.S: OLD MIBOR DEPOSIT WILL CONTINUE TO GET CONTRACTED RATES AND THE ABOVE
settlement RATES ARE APPLICABLE FOR NEW DEPOSITS.

Home Loans (Floating)

Loan Tenure Home loans Home loan Interest Saver

9.50% p.a 10.00% p.a

Up to Rs 20 lacs
(Linked to BR) (Linked to BR)

9.75%-10.00% p.a 10.25%-10.50% p.a

Above Rs 20-Rs 30 lacs
(Linked to BR) (Linked to BR)

10.00% p.a 10.50% p.a

Above Rs 30-Rs 75 lacs
(Linked to BR) (Linked to BR)

10.50% p.a 11.00% p.a

Above Rs 75 Lacs
(Linked to BR) (Linked to BR)

Home Loans (Fixed )

Options up to Rs 75 lacs ROI(%) p.a Above Rs. 75 lacs ROI(%) p.a

Fixed for 3 years 11.75% 12.00%

Fixed for 5 years 12.25% 12.50%

Mortgage Loan (Floating)

Options ROI(%) p.a

12.75% p.a
Loan Against Property
(Linked to BR)

13.00%p.a
Loan Against Property Overdraft
(Linked to BR)

12.75% p.a
Loan Against Rent Receivables
(Linked to BR)

Loan for commercial property purchase (Floating)

14.75% p.a (Linked to BR)

Reverse Mortgage Loan (Fixed)

Fixed (Re-Phasement after every 5 years ) 11.75%

Qualifying Loan Amount (Rs.1.00 lac)

Tenor (years) 10 11 12 13 14 15 16 17 18 19 20

Monthly
437 370 319 271 234 203 177 154 135 118 104
Instalment (Rs.)

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Educational Loan (Floating)

Type ROI(%) p.a

12.25% p.a
Up to Rs 4 lakhs
(Linked to BR)

12.50% p.a
Above Rs 4 lakhs
(Linked to BR)

For the students of IIT,IIM and ISB 11.50% p.a

(up to Rs 20 lakhs ) (Linked to BR)

Auto Loan (Floating )

MUV Segment ROI(%) p.a

11.75% p.a
MUV Segment
(Linked to BR)

11.25% p.a
For all other vehicles
(Linked to BR)

Auto Loan (Fixed)

ROI(%) p.a
Vehicle Segment
Tenor up to 36 months Tenor up to 60 months

Segment A: Small/Mid-size/ Utility

11.00% p.a 11.50% p.a
& Premium

MUVs 11.50% p.a 12.50% p.a

Segment B: Premium 11.00% p.a 11.50% p.a

Segment C: Luxury & SUV 11.00% p.a 11.25% p.a

Segment D: Classic 11.50% p.a 11.25% p.a

The above rates are indicative in nature and may vary depending upon category of customer.
For further assistance
Please contact your nearest Branch /Retail Asset center or Call :
1800-22-1070 (MTNL / BSNL)
1800-200-1947 (Mobile/Other)

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