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Indian Bank - Fixed Deposit Interest Rates

Submitted By Nimmy Sunil on 26 February 2023

Deposit Rates

Revision of Interest Rates on Retail Domestic Term Deposits with effect from 04.03.2023

Period Less than ₹2 crore
Existing (% p.a) Revised (% p.a)
7 days to 14 days 2.80 2.80
15 days to 29 days 2.80 2.80
30 days to 45 days 3.00 3.00
46 days to 90 days 3.25 3.25
91 days to 120 days 3.50 3.50
121 days to 180 days 3.85 3.85
181 days to less than 9 months 4.50 4.50
9 months to less than 1 year 4.75 4.75
1 year 6.10 6.10
Above 1 year to less than 2 years 6.30 6.30
2 years to less than 3 years 6.50 6.70
3 years to less than 5 years 6.25 6.25
5 year 6.25 6.25
Above 5 years 6.10 6.10

” IND SUPER 400 DAYS “

Special Retail Term Deposit Product “IND SUPER 400 DAYS” has been launched w.e.f 06.03.2023 offering  higher rate of interest for investment  starting from Rs.10000 to less than 2 Crore for  400 days in the form of FD/MMD with callable options.

Scheme Valid till 30.04.2023

             IND SUPER 400 DAYS    — Rate of Interest(% p.a) 
            Women               Others
Public       7.15 %      7.10 %
Senior Citizen      7.65 %     7.60 %
Super Senior Citizen ( 80 yrs and above)      7.90 %     7.85 %

” IND SHAKTI 555 DAYS “

Special Retail Term Deposit Product “IND SHAKTI 555 DAYS” has been launched w.e.f 19.12.2022 offering  higher rate of interest for investment  starting from Rs.5000 to less than 2 Crore for  555 days in the form of FD/MMD with callable options.

Scheme Valid till 31.03.2023

IND SHAKTI 555 DAYS – RATE OF INTEREST 
Public  7.00%
Senior Citizen 

 
7.15%  up to 27.12.2022
7.50 % w.e.f 28.12.2022

Revision of Interest Rates on Bulk Domestic Term Deposits of Rs.2 Crs to Rs.5 Crs wef.07.02.2023

Period  ₹2 crore to ₹5 crore
Callable Non-Callable
Existing (% p.a) Revised (% p.a) Existing (% p.a) Revised (% p.a)
7 days to 14 days 2.90 5.00 2.90 5.00
15 days to 29 days 5.00 5.00 5.00 5.00
30 days to 45 days 5.00 6.00 5.00 6.00
46 days to 90 days 5.25 5.25 5.25 5.25
91 days to 120 days 5.25 5.25 5.25 5.25
121 days to 180 days 5.50 5.50 5.50 5.50
181 days to less than 9 months 5.50 5.50 5.50 5.50
9 months to less than 1 year 6.25 6.25 6.25 6.25
1 year 6.70 6.70 6.70 6.70
Above 1 year to less than 2 years 6.65 6.65 6.65 6.65
2 years to less than 3 years 6.10 6.10 6.10 6.10
3 years to less than 5 years 6.00 6.00 6.00 6.00
5 year 6.00 6.00 6.00 6.00
Above 5 years 6.00 6.00 6.00 6.00

Tags

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