How to Invest in IDBI Bank FD?
1. Using the Internet Banking Facility
- First of all log in to the IDBI Bank Net Banking account with the credentials.
- Now, under the ‘Request’ tab, choose the option ‘Opening a Fixed Deposit’.
- The user will have to fill in all the deposit information and the desired maturity period.
- After verifying the details, click on the ‘Submit’ button.
- A confirmation notification will be displayed on successful FD creation, the user shall be intimated via his registered email and phone number.
- It is to be noted that the nominee details are required to be physically filled out and submitted to the bank.
2. Using the Mobile Application
- The user is required to download the official IDBI Bank App from the Play Store or Apple App Store. After downloading user will have to enter the credentials of his IDBI account to log in.
- Users will have to select the ‘Opening a Fixed Deposit’ option and proceed further.
- Now, enter all the details, and once verifying the details click on the ‘Submit’ button.
- A confirmation notification will be displayed on your application, and FD will be successfully created. The user shall be intimated via his registered email and phone number.
- It is to be noted that the nominee details are required to be physically filled out and submitted to the bank.
3. Using the Offline IDBI Bank Branch
Apart from the above two the user can also visit the nearest IDBI Bank branch, and ask for the FD application form. The user will have to fill out the FD form select the tenure of the IDBI FD along with the all necessary information and fulfill all the document requirements along with the nominee details. On successfully validating the information the bank will issue the FD certificate.
IDBI FD Interest Rates 2024
IDBI stands for Industrial Development Bank of India. It is an emerging Indian banking and financial services company and it is headquartered in Mumbai, Maharashtra. IDBI offers a wide range of bundles of banking products and services to its customers these banking products also include FD.
IDBI Bank provides different FD options to their customers, the basic aim is to provide a safe option that can be utilized to save money for a fixed tenure and give interest earnings to the customers. At the time of opening the account with the bank the depositor can deposit only once, during the ongoing tenure depositing additional money is not allowed. There are a wide range of benefits of opening an FD account with IDBI Bank as they provide an easy loan facility, auto-renewal of FD, and many other things.
Ownership |
Private Sector Bank |
---|---|
CEO |
Rakesh Sharma |
Headquartered In |
Mumbai |
Founded In |
1964 |
Customer Support Number |
1800 209 4324 |
Table of Content
- IDBI Bank FD Interest Rates on Domestic Deposits (Less than ₹2 crore)
- IDBI Bank FD Interest Rates on Domestic Deposits (₹2-₹5 crore)
- Features and Benefits of the IDBI Fixed Deposit
- Types of IDBI Bank FD Schemes
- How to Invest in IDBI Bank FD?
- Eligibility to Open an IDBI Bank FD Account
- Documents Required to Open IDBI Bank FD
- Tax on IDBI Bank Fixed Deposit
- Loan Against IDBI Bank FD
- Premature Closure of IDBI Bank Fixed Deposit
- Frequently Asked Questions (FAQs)