Indian Bank FD Interest Rates

Indian Bank FD Interest Rates

Indian Bank FD Interest Rates (p.a.) Highlights 2023

Highest slab rate 7.25% (for 400 days)
For 1 year 6.10%
For 2 years 6.70%
For 3 years 6.25%
For 4 years 6.25%
For 5 years 6.25%
Tax-Saving FD 6.25% (for 5 years); 6.10% (for above 5 years to 10 years)

The interest rates are updated as of 14 August 2023

Indian Bank FD Rates on Domestic/NRE/Capital Gains Type B/Tax Saver Fixed Deposits of less than Rs 2 crore w.e.f. 4 March 2023

Period Interest Rates (% p.a.)
Regular Citizens Senior Citizens
7 days to 14 days 2.80 2.80
15 days to 29 days 2.80 3.30
30 days to 45 days 3.00 3.50
46 days to 90 days 3.25 3.75
91 days to 120 days 3.50 4.00
121 days to 180 days 3.85 4.35
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
Above 1 year to less than 2 years 6.30 6.80
2 years to less than 3 years 6.70 7.20
3 years to less than 5 years 6.25 6.75
5 years 6.25 6.75
Above 5 years 6.10 6.85

Note: 1. Additional 0.50% interest rate is offered to senior citizens (aged 60 years and above) on deposits of up to 15 days to 5 years and 0.75% interest rate on deposits above 5 years to 10 years.

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

Special Fixed Deposit Interest Rate

Tenure Interest Rates (% p.a.)
IND SUPER 400 Days (valid till 31 August 2023) Public Senior Citizen Super Senior Citizen
7.25 7.75 8.00
IND SUPREME 300 days (valid till 31 August 2023) 7.05 7.55 7.80

Note: 1. “IND SUPER 400 days” are for deposits starting from Rs 10,000 to less than Rs 2 crore for 400 days in the form of FD/MMD with callable options (with premature withdrawal facility).

2. “IND SUPREME 300 days” are for deposits starting from Rs 5,000 to less than Rs 2 crore for 300 days in the form of FD/MMD with callable options (with premature withdrawal facility).

Indian Bank Tax Saver Deposit

Tenure Interest Rates (% p.a.)
Regular Citizens Senior Citizens
5 years 6.25 6.75
Above 5 years to 10 years 6.10 6.60
bureau meter

Indian Bank Interest Rates on Domestic/NRE/Capital Gains Type B/Tax Saver Fixed Deposits of Rs 2 crore to less than Rs 5 crore w.e.f. 7 February 2023

Period Interest Rates (% p.a.)
Regular Citizens Senior Citizens
7 days to 14 days 5.00 5.50
15 days to 29 days 5.00 5.50
30 days to 45 days 6.00 6.50
46 days to 90 days 5.25 5.75
91 days to 120 days 5.25 5.75
121 days to 180 days 5.50 6.00
181 days to less than 9 months 5.50 6.00
9 months to less than 1 year 6.25 6.75
1 year 6.70 7.20
Above 1 year to less than 2 years 6.65 7.15
2 years to less than 3 years 6.10 6.60
3 years to less than 5 years 6.00 6.50
5 years 6.00 6.50
Above 5 years 6.00 6.75

Note: 1. Additional 0.50% interest rate is offered to senior citizens (aged 60 years and above) on deposits of up to 15 days to 5 years and 0.75% interest rate on deposits above 5 years to 10 years.

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

bureau meter

Interest Rates of FCNR (B) and RFC Deposits w.e.f. 3 June 2023

Currency Interest Rates (% p.a.)
1 year to less than 2 years 2 years to less than 3 years 3 years to less than 4 years 4 years to less than 5 years 5 years
USD 5.25 4.30 3.95 3.95 3.95
GBP 4.00 3.20 3.25 3.25 3.25
EUR 2.00 1.60 1.60 1.60 1.65
JPY 0.11 0.13 0.12 0.13 0.14
CAD 4.30 4.10 3.90 3.70 3.50
AUD 1.20 1.70 2.05 2.30 2.45
CHF 0.00 0.01 0.02 0.03 0.05
SGD 0.27 0.40 0.49 0.55 0.61

Note: Indian Bank offers a special interest rate of 4.75%for USD Deposits of above 10 Mio for a 1-year tenor.

#Indian Bank FD Interest Rates #Indian Bank FDR Interest Rates #Indian Bank Fixed Deposit Rates #FD Interest Rates of Indian Bank #Latest Indian Bank FD Interest Rates

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