IDBI Bank launches ‘Aarogya Fixed Deposit’

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HT Bureau

GUWAHATI, Feb 17: IDBI Bank on Tuesday announced the launch of its ‘Aarogya Fixed Deposit’ scheme, a new product that combines fixed deposit returns with health insurance coverage.

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Under the scheme, customers can invest ₹7.50 lakh for a tenure of 370 days and receive health insurance cover of up to ₹15 lakh along with regular fixed deposit interest.

The health cover will be provided through Care Health Insurance, the bank’s partner for the product.

The scheme is designed exclusively for resident individual customers aged between 18 years and 58 years and 11 months.

IDBI Bank deputy managing director Sumit Phakka said the product reflects the bank’s focus on customer-centric innovation by combining financial returns with health security, offering a holistic solution for customers’ financial and healthcare needs.

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