Interest Rates| IDBI Bank Interest Rates – Terms & Conditions. 1. Interest Payment – The interest on the deposit is payable quarterly on the last day of each quarter. 2. Interest Reset – Every 3 months, coinciding with calendar quarters – on April 1, July 1, October 1 and January 1 every year. 3. Minor’s account – A minor alone cannot open an FRTD as the maturity amount cannot be determined at the time of opening the FRTD.
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Mortgage applications rise 1.6% as interest rates drop to lowest level since September – . application volume up 1.6 percent last week from the previous week, according to the Mortgage Bankers Association. Volume was 16 percent lower than a year ago. The average contract interest rate.