The government bank is running two special FD schemes. More than 7% return is being given on a period of 300 days.
Bank FD Scheme: Public sector Indian Bank is offering two special fixed deposit schemes to the customers. Customers can avail the benefits of which till 30 November 2024. After this the FD scheme will be closed. The names of these schemes are Ind Supreme and Ind Super FD Scheme.
The duration of Ind Supreme scheme is 300 days. On this, general citizens get 7.05% return. At the same time, the bank is offering 7.30% interest on 400 days Ind Super FD plan. For information, let us tell you that this government bank is offering 2.80% to 7.10% interest on normal FD. Interest rates are effective from 12 May 2024.
How much return is being received on special FD? (Indian Bank FD)
General citizens are getting 7.05% interest annually on 300 days Ind Supreme FD scheme. The interest rate for senior citizens is 7.55% and for super senior citizens it is 7.80%. On the 400 days Ind Super FD scheme, senior citizens are getting 7.80% interest and super senior citizens are getting 8.05% interest. Customers can invest from Rs 5 thousand to less than Rs 3 crore in Ind Supreme. At the same time, one can invest a minimum of Rs 10 thousand and a maximum of less than Rs 3 crore in Ind Super.
Interest Rates as per Tenure (Fixed Deposit)
- 7 to 14 days- 2.80%
- 15 to 29 days- 2.80%
- 30 to 45 days- 3%
- 46 to 90 days- 3.25%
- 91 to 120 days- 3.5%
- 121 to 180 days- 3.85%
- 181 days to less than 9 months- 4.50%
- 9 months to less than 1 year- 4.75%
- 300 days (in Supreme product)- 7.05%
- 1 year- 6.10%
- 400 days (in Super product)- 7.30%
- More than 1 year and less than 2 years- 7.10%
- 2 years to less than 3 years- 6.70%
- 3 years to less than 5 years- 6.25%
- 5 years- 6.25%
- More than 5 years- 6.10%
