IDBI Systematic Savings Plan (SSP) helps you to add your savings at your complete convenience. With your regular incomes, you can start saving any fixed amount from 100 to less than 2 crore every month. The amount as decided by you will be deducted every month from your savings account.
The IDBI Bank Systematic Savings Plan (SSP) Advantage
Dec 08, 2019 Interest rate in saving account in IDBI Saving Account Balance Rate of Interest Upto Rs. 25 lakh 3.5% p.a Above Rs. 25 lakh 4.0% p.a IDBI Bank latest interest rate for Fixed Deposit Maturity Slab Interest Rate annual in% Retail Term Deposits (below 2 crores) General customers Sr. Citizen 0-6 Days NA. IDBI Bank is introducing a special savings account for women, which we have coined as SuperShakti women account. Along with this, we are also offering a zero balance savings account absolutely free for her child below the age of eighteen years. IDBI Bank SuperShakti (Women’s) Account.
- No charges for executing your standard instruction
The Industrial Development Bank of India (IDBI) offers personalised financial and banking solutions to corporate and retail customers. To encourage the customers to develop the habit of saving, IDBI has come up with an array of savings accounts. IDBI Bank Savings Account Interest Rates. The interest rate is decided solely by the bank and changes from time to time. Regular interest depends upon the balance of the savings account. Interest rate in savings account ranges from 3.5% to 7%. (2) Provides Security of Funds. As per data compiled by BankBazaar, public sector banks such as Punjab & Sind Bank and IDBI Bank offer interest rates of up to 3.5 per cent on their savings account. These interest rates are.
IDBI Bank Systematic Savings Plan (SSP) Features
- Pre-planned saving for a future goal
- Regular savings for a certain period of time
- The period of deposit can be from 1 year to 10 years
- Deposit can be start with minimum amount of Rs. 100
IDBI Bank Systematic Savings Plan Plus (SSP Plus)SSP Plus offers Regular Savings with Principal + Interest protection Plus Complimentary Insurance Cover and Reward Points.
The IDBI Bank SSP Plus Features :- Complimentary one time redeemable Reward Points ( upto 1,000 points )
- Complimentary Personal Accidental Insurance Cover upto Rs.5 lakhs
- Minimum eligible Instalment Amount : Rs.5,000 and multiples of 100 thereof
- Minimum eligible tenor : 3 years and completed quarters, Maximum : 10 Years
- Can be availed by Individuals / HUF
For the detailed T & Cs and features of SSP Plus, Click here
Saving Account Interest Rate In Idbi Bank
How to ApplyIdbi Home Loan Interest Certificate
Applying for a Systematic Savings Plan is absolutely simple. You can apply online through Net Banking /Go Mobile + App or visit our nearest Branch.