Services Open

Tender Fixed Deposit

Reference: IDBIBANK/202603011809145772


Organization

IDBI Bank

State

India

Tender Value

Not Specified

EMD Amount

Not Specified

Published Date

01 Mar 2026

Closing Date

N/A


Description

Home Accounts Fixed Deposit Account Tender Fixed Deposit Tender Fixed Deposit Tender Fixed Deposit Overview More about Tender FD Features Domestic Interest Rates Service Charges Overview Presently Bank is having various retail term deposit products in its bucket which is well suited to customer requirements and now one more addition in this row by introducing a unique product exclusively customised for customers participating in Bids/Tender/ EMD Process .This Product will exclusively cater to the requirements of individual/ Non individual customers having regular participation in bidding/ tendering/ EMD process. Who is eligible Tender FD All type of customer segment including individual , Non- Individual , HUF , Corporate, Trust , NGO etc are eligible for availing benefit under Tender FD for their regular business & personal requirement . How Tender FD different from Regular FD Being designed for exclusive purpose tender FD having distinct charactristic which differentiate it from Normal FD – Tender FD’s minimum value starting from Rs 100/- Senior Citizens preferential ROI benefit not available in Tender FD Overdraft Facility not available in Tender FD. Tender FD not allowed for colletral security / Lien purpose . The Salient features of Tender FD are given as under: Particulars Tender FD Features Target Segment Customers ( individual/ Non Individual ) looking for Fixed Deposit option for Participating in Bidding/ Tender Process. Eligibility Individuals, HUFs, Corporate, Trust, NGO, NRE/NRO and all other eligible Customers. Minimum Amount RTD- Rs 100/- Maximum Amount RTD- less than Rs 3.00 Crore Minimum period 7 days Maximum period 10 years Rate of interest As decided by ALCO from time to time Additional Rate to Resident Senior Citizens and Staff/ Retired Staff Sr Citizen. Not allowed Premature withdrawal Allowed as per extant policy Premature withdrawal Penalty Applicable as per extant policy


Tender Details

Tender Type

Services