IDBI Bank Special FD Ending Soon: Utsav FD Set To End On March 31, 2026: Key Details To Know

The last day for IDBI Bank's special fixed deposit scheme, known as Utsav FD, is drawing fast. The bank has confirmed that the limited-period deposit plan would only be available until March 31, 2026. Depositors wanting higher interest rates than standard fixed deposits will thus pay close attention to the plan, particularly at a time when savers are searching for steady and reliable income. A special FD plan that offers higher interest rates on specific tenures is the Utsav FD scheme. In contrast to ordinary fixed deposits, IDBI Bank allows customers to book their fixed deposits for unique maturity periods such as 555 days and 700 days, which are designed to deliver slightly better yields to investors.

IDBI Bank Utsav FD Rates

IDBI Bank provides attractive interest rates for various tenures via the scheme, which are often higher than its standard FD rates. Senior citizens are entitled to an additional interest rate advantage, as is the case with the majority of bank deposits in India. This makes the scheme especially appealing to conservative investors who place a higher priority on protecting their capital than market-linked earnings.

Special Buckets	General/NRE/NRO Interest Rates (% p.a.)	Senior Citizens Interest Rates (% p.a.)
555 Days	6.4	6.9
700 Days	6.45	6.95
Source: www.idbi.bank.in

IDBI Bank is giving standard interest rates of 6.40% and 6.90% to senior citizens for the special maturity period of 555 days, while the general public will receive an interest rate of 6.45% and senior citizens will receive 6.95% for the special maturity bucket of 700 days. Investors who book IDBI Bank Utsav FD after the deadline will not be eligible for the aforementioned interest rates because the special tenures under Utsav FD are valid until March 31, 2026

IDBI Bank Utsav FD Rules

• Under the Utsav FD scheme, premature withdrawal/closure is permitted by IDBI Bank.
• Staff, senior citizen, and super senior citizen rates do not apply to NRO and NRE term deposits under the Utsav FD program.
• The Utsav FD plan is subject to the same features as well as terms and conditions as the term deposit, as per the official website of IDBI Bank.

IDBI Bank FD Rates 2026

Effective as of Feb 23, 2026, IDBI Bank's latest fixed deposit interest rates are in force. Following its last revision, IDBI Bank is offering a maximum interest rate of 6.50% to the general public and 7% to senior citizens on a tenure of 3 years to 5 years. On tenures of 7 days to 10 years, the non-senior citizens will get interest rates spanning from 3.00% to 5.90% and senior citizens will get interest rates spanning from 3.50% to 6.40%.

Maturity Slab	General Customers	Sr. Citizen
0-6 Days	NA	NA
07-30 days	3	3.5
31-45 days	3.15	3.65
46- 60 days	4.35	4.85
61- 90 days	4.6	5.1
91 days to 6 months	5.35	5.85
6 months 1 day to 270 Days	5.5	6
271 days to 1 year	5.8	6.3
1 Year	6.2	6.7
1 Year to 2 Years (except 555 days & 700 Days)	6.25	6.75
2 Years to 3years	6.5	7
3 years to 5 years	6.35	6.85
5 years	6.25	6.75
5 years to 7 years	5.95	6.45
7 years to 10 years	5.9	6.4
10 years to 20 years	4.8	5.3
Source: www.idbi.bank.in

The bank now offers interest rates of 6.25% to the general public and 6.75% to senior citizens on tax-saver FDs with a 5-year maturity period. Additionally, IDBI Bank provides the Aarogya Fixed Deposit and Vasundhara Green Deposit programs. The general public would get an interest rate of 6.35% under the Vasundhara Green Deposit program, which has a term of 1111 days, while senior citizens will receive an interest rate of 6.85%. In contrast, IDBI Bank will pay an interest rate of 6.10% on the 370-day maturity period under the Aarogya Fixed Deposit scheme.