Categories: Banking

FD Rates of Indian Bank

FD Rates of Indian Bank

FD Rates

Indian Bank offers FD interest rates of 2.80-7.25% p.a. to the general public and 3.30-7.75% p.a. to senior citizens on tenures ranging from 7 days to 5 years and above. The interest rate on Indian Bank Tax Saving FDs is 6.10-6.25% p.a. for the general public and 6.60-6.75% p.a. for senior citizen depositors for tenures of 5 to 10 years. Indian bank offers various fixed deposit products for NRIs, such as NRO, NRE, RFC and FCNR fixed deposits. Indian Bank accepts FCNR fixed deposits and RFC fixed deposits in US Dollars, British Pound Sterling, Euro, Japanese Yen, Canadian Dollar, Australian Dollar, Swiss Franc, and Singapore Dollar.

TenuresInterest Rates in %
Highest Slab Rate7.25% for 400 Days
1 year6.10%
2 years6.70%
3 years6.25%
4 years6.25%
5 Years6.25%
Tax-Saving FD6.25% for 5 Years & 6.10% for Above 5 years to 10 years.
Interest rate can be Change after some time.

FD for Domestic/NRE/Capital Gains

TenuresInterest Rate for Regular citizensInterest Rate for Senior Citizens
7 to 14 Days 2.80%2.80%
15 to 29 Days2.80%3.30%
30 to 45 Days3.00%3.50%
46 to 90 Days3.25%3.75%
91 to 120 Days3.50%4.00%
121 to 180 Days3.85%4.35%
181 days to 9 months4.50%5.00%
9 months to less than1 year4.75%5.25%
1 year6.10%6.60%
Above 1 years to 2 years7.10%7.60%
2 years to less than 3 days6.70%7.20%
3 years to less than 5 years6.25%6.75%
5 years6.25%6.75%
Above 5 years6.10%6.85%
1. Additional 0.50% interest rate is offered to senior citizens age 60 years and above on deposits of up to 15 days to 5 years and a 0.75% interest rate on deposits above 5 years to 10 years.

2. Additional 0.75% interest rates are offered to super senior citizens age 80 years and above Deposit up to 5 years and 1% additional interest rate on deposits above 5 years to 10 years.

Tax Sever Deposit

TenureInterest Rate for Regular CitizensInterest Rate for senior Citizens
5 years6.25%6.75%
Above 5 years to 10 years6.10%6.60%

http://Zerodha

Follow us on:-

Website:- https://thepipl.com

Facebook:- https://facebook.com/thepipl

Instagram:- https://www.instagram.com/thepipl365/

Twitter:- https://twitter.com/thepipl

YouTube :- https://youtube.com/channel/UCO0sBOdY6bvMOhFTxL35tdg

LinkedIn:- https://www.linkedin.com/mwlite/company/thepipl1

Pinterest:- https://pin.it/5tkQbYD

Recent Posts

  • Business Idea

How to Setup a Manufacturing Plant of Ceramic Paints?

How to Setup a Manufacturing Plant of Ceramic Paints? Setting up a Ceramic Paints Manufacturing Plant involves producing specialized paints… Read More

49 minutes ago
  • Business Idea

How to Setup a Manufacturing Plant of Cement Grill?

How to Setup a Manufacturing Plant of Cement Grill? Setting up a Cement Grill Manufacturing Plant involves producing cement-based grills… Read More

1 hour ago
  • Business Idea

How to Setup a Manufacturing Plant of Ceiling Fan?

How to Setup a Manufacturing Plant of Ceiling Fan? Setting up a Ceiling Fan Manufacturing Plant is a viable business… Read More

3 hours ago
  • Business Idea

How to Setup a Manufacturing Plant of Cattle Feed?

How to Setup a Manufacturing Plant of Cattle Feed? Setting up a Cattle Feed Manufacturing Plant is a profitable business,… Read More

3 hours ago
  • Business Idea

How to Setup a Manufacturing Plant of Castor Oil?

How to Setup a Manufacturing Plant of Castor Oil? Setting up a Castor Oil Manufacturing Plant involves extracting oil from… Read More

3 hours ago
  • Business Idea

How to Setup a Manufacturing Plant of Cassia Seeds?

How to Setup a Manufacturing Plant of Cassia Seeds? Setting up a Cassia Seed Processing Plant involves sourcing raw cassia… Read More

3 hours ago

This website uses cookies.