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IDBI Bank Fixed Deposits Quiz

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IDBI Bank Fixed Deposits Quiz

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About this activity

Test your knowledge about IDBI Bank FDs.

Created by

Bhukya Giri Nayak
Bhukya Giri Nayak
India

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IDBI Bank Fixed Deposits Quiz
 

IDBI Bank Fixed Deposits QuizOnline version

Test your knowledge about IDBI Bank FDs.

by Bhukya Giri Nayak
1

The FD interest rate at IDBI Bank remains fixed for every decade-long tenure regardless of market changes.

2

IDBI Bank fixed deposits offer a government-backed guarantee of 100% of the principal for all customers.

3

Senior citizens receive an additional interest rate on IDBI Bank fixed deposits.

4

Tax Saver Fixed Deposit at IDBI Bank has a 5-year lock-in and qualifies for Section 80C benefits.

5

Interest on IDBI Bank fixed deposits can be paid monthly, quarterly, semi-annually, or on maturity.

6

Tax Saver FD can be broken before 5 years without any penalties.

7

Senior citizens do not receive any interest rate boost on IDBI Bank fixed deposits.

8

IDBI Bank offers Fixed Deposits with tenors ranging from 7 days to 10 years.

9

Premature withdrawal from an IDBI Bank fixed deposit normally incurs a penalty and reduced interest.

10

FD accounts at IDBI Bank can only be opened online; branch visits are prohibited.

11

Withdrawal

12

Auto sweep

13

Card rate

14

MANIPAL

 
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