As you are asking for IDBI bank interest rate cut info , so on your demand I am telling same :

IDBI bank interest rate
Savings Bank Rate (w.e.f. October 1, 2017)

Saving Balance


Rate of Interest

Upto Rs. 25 lakh


3.5 % p.a

Above Rs. 25 lakh


4.0 % p.a
Base Rate (w.e.f. Jan 01, 2017) 9.50%
Current BPLR (w.e.f. .Jan 01, 2017) 14.00%
Marginal Cost of Fund Based Lending Rate ( MCLR ) w.e.f. 07-10-2017

Tenor


MCLR ( in % )

Overnight


8.00%

One Month


8.10%

Three Month


8.30%

Six Month


8.35%

One Year


8.55%

Two Year


8.60%

Three Year


8.70%

Interest Rate on Term Deposits (w.e.f. . Jul 24, 2017)
Resident Term Deposit / NRO for deposit upto less than Rs. 1 Crore #

Maturity Slab


Interest Rate (% p.a.)

15-30days


4.25

31-45 days


4.50

46-60 days


5.00

61-90 days


5.25

91-6 months


6.00

6 months 1 day to 270 days


6.50

271 days to < 1year


6.50

1 year


6.75

>1yrs to 2yrs


6.50

>2 yrs to < 3 yrs


6.25

3 yrs to < 5 yrs


6.25

5 years


6.00

> 5yrs - 7yrs


6.00

>7 yrs - 10 yrs


6.00

>10 yrs - 20 yrs*


6.00

Senior Citizen Interest Rates** for deposit upto less than Rs. 1 Crore#

Maturity Slab


Sr. Citizen Interest Rate (p.a. %)

15-30days


4.25

31-45 days


4.50

46-60 days


5.00

61-90 days


5.25

91-6 months


6.00

6 months 1 day to 270 days


6.50

271 days to < 1year


6.50

1year


7.25

>1yrs to 2yrs


7.00

>2 yrs to < 3 yrs


6.75

3 yrs to < 5 yrs


6.75

5 years


6.50

> 5yrs - 7yrs


6.50

>7 yrs - 10 yrs


6.50

>10 yrs - 20 yrs*


6.50