All banks are providing Fixed Deposits to customers and pays approximate 5% to 8% per annum. They also pay for less number of periods also but the rate is lower for short term deposits. We have listed latest Allahabad Bank FD Interest Rates below…
Allahabad Bank / Indian Bank Fixed Deposit Rates
Indian Bank is one of the oldest banks of the country which was constituted in 1907. The bank is known for offering investment products such as fixed deposit or Term Deposits for rewarding interest rates and high returns.
The interest rate for fixed deposits below Rs.2 crore ranges from 2.80% p.a. to 6.50% p.a. The range of maturity period is 7 days to more than 5 Years. For senior citizens, the bank offers an additional interest rate of 0.50% p.a. for deposits of up to Rs.2 crore.
Allahabad Bank / Indian Bank FD interest Rates: Less than Rs.2 crore
| Tenure Bracket | Regular FD rates (p.a.) | Senior Citizens FD rates (p.a.) |
| 7 to 14 days | 2.80% | 3.30% |
| 15 to 29 days | 2.80% | 3.30% |
| 30 to 45 days | 3.00% | 3.50% |
| 46 to 90 days | 3.25% | 3.75% |
| 91 to 120 days | 3.50% | 4.00% |
| 121 to 180 days | 3.85% | 4.25% |
| 181 days to less than 9 months | 4.50% | 5.00% |
| 9 months to less than 1 year | 4.75% | 5.25% |
| 1 year | 6.10% | 6.60% |
| 1 year 1 day to less than 2 years | 6.30% | 6.80% |
| 2 years to less than 3 years | 6.50% | 7.00% |
| 3 years to less than 5 years | 6.25% | 6.75% |
| 5 years | 6.25% | 6.75% |
| More than 5 years | 6.10% | 6.60% |
*The Indian Bank Fixed Deposit interest rates tend to change at the discretion of the bank. The rates of interest mentioned here are valid as of 19 December 2022.
IND SHAKTI 555 DAYS Deposit Rates
| Term | Interest Rates (p.a.) |
| Public | 7.00% |
| Senior Citizen | 7.15% |
*The Indian Bank Fixed Deposit interest rates tend to change at the discretion of the bank. The rates of interest mentioned here are valid as of 19 December 2022.
Indian Bank FD Interest Rates: Rs.2 crore to Rs.5 crore
| Tenure Bracket | Regular FD rates (p.a.) | Senior Citizens FD rates (p.a.) |
| 7 to 14 days | 2.90% | 3.40% |
| 15 to 29 days | 2.90% | 3.40% |
| 30 to 45 days | 2.90% | 3.40% |
| 46 to 90 days | 3.10% | 3.60% |
| 91 to 120 days | 3.10% | 3.60% |
| 121 to 180 days | 3.60% | 4.10% |
| 181 days to less than 9 months | 4.50% | 5.00% |
| 9 months to less than 1 year | 6.25% | 6.75% |
| 1 year | 6.70% | 4.05% |
| 1 year 1 day to 2 years | 6.65% | 3.75% |
| 2 years to less than 3 years | 6.10% | 3.75% |
| 3 years to less than 5 years | 6.00% | 3.75% |
| 5 years | 6.00% | 3.75% |
| More than 5 years | 6.00% | 4.00% |
*The Indian Bank Fixed Deposit interest rates tend to change at the discretion of the bank. The rates of interest mentioned here are valid as of 19 December 2022.
IB Tax Saver Scheme Rates
The interest rates* for Indian Bank Tax Saver Scheme are given below:
| Tenure | Regular FD rates (p.a.) | Senior Citizens FD rates (p.a.) |
| 5 years | 6.25% | 6.75% p.a. |
*The IB Tax Saver FD rates are subject to change as per the discretion of the bank. The rates mentioned are valid as of 19 December 2022.
Indian Bank NRE FD Rates
The following table enlists the Indian Bank Non-Resident External Deposit rates*:
| Tenure Bracket | Less than Rs.2 crore (p.a.) | Rs. 2 crore to Rs.5 crore (p.a.) |
| 1 year | 6.10% | 6.60% |
| 12 months to less than 24 months | 6.30% | 6.65% |
| 24 months to less than 36 months | 6.50% | 6.10% |
| 3 years to less than 5 years | 6.40% | 6.00% |
| 5 years | 6.40% | 6.00% |
| More than 5 years | 6.30% | 6.00% |
*The Indian Bank NRE FD interest rates are subject to change as per the discretion of the bank. The given rates are valid as of 19 December 2022.
