Indian Bank Special FD: Indian Bank has given a gift to its crores of customers. The bank has revised the interest rates on Fixed Deposit. Indian Bank has revised the interest rates on FDs ranging from Rs 10,000 to Rs 3 crore
Indian Bank Special FD: Indian Bank has given a gift to its crores of customers. The bank has revised the interest rates on Fixed Deposit. Indian Bank has revised the interest rates on FDs ranging from Rs 10,000 to Rs 3 crore. The bank is offering FDs from 7 days to 10 years. These interest rates have come into effect from June 12, 2024. Apart from regular FD, Indian Bank is also running Special FD.
Indian Bank Special FD
Ind Super 400 days FD Scheme
This special FD is a callable FD. Callable FD means that you get the option to withdraw money before time. Indian Bank’s Ind Super FD is for 400 days. You can invest from Rs 10,000 to Rs 2 crore in this scheme. Indian Bank is now offering 7.25% interest to the general public and 7.75% to senior citizens and 8.00% to super senior citizens. You can invest in these special FDs till June 30.
Ind Super 300 days
According to the website of Indian Bank, the special term deposit product Ind Super 300 days was launched on 1 July 2023. You can invest from Rs 5000 to less than 2 crore for 300 days on this FD. The bank is offering interest ranging from 7.05 percent to 7.80 percent on this. Indian Bank is now offering interest rates of 7.05% to general public, 7.55% to senior citizens and 7.80% to super senior citizens.
Indian Bank revised interest rate on regular FD
| Period | Less than Rs 3 crore |
| revise rate | |
| (in % per annum) | |
| 7 days to 14 days | 2.80 |
| 15 days to 29 days | 2.80 |
| 30 days to 45 days | 3.00 |
| 46 days to 90 days | 3.25 |
| 91 days to 120 days | 3.50 |
| 121 days 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 (Ind Supreme product)**Valid till 30.06.2024 | 7.05** |
| 1 year | 6.10 |
| 400 days (Ind Super Product)Valid till 30.06.2024 | 7.25 |
| More than 1 year to 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 |
| Above 5 years | 6.10 |
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