Indian Bank is yet another public sector bank which provides good interest rates on fixed deposits. The interest rates in Indian bank vary in between 4.00 to 6.50%. For the period above 3 years, fd interest rate is constant to 6.00%.

For below 9 months, the interest rate is same for amount upto 5 crores. But above 9 months, the interest rate is slightly lower for amount above 1 crore.

Indian bank fd interest rates

Extra interest rate .50% is applicable for senior citizens. Deposits above 5 crores will be accepted only after approval of the Treasury Branch. Below given rates are effective from 28 November, 2016.

Latest Indian Bank fixed deposit interest rates:

TIME PERIODINTEREST RATES
For Deposits Below 1 CroreFor Deposits 1-5 Crore
7 – 14 Days4.004.00
15 – 30 Days4.004.00
31 – 45 Days5.004.00
46 – 60 Days4.504.00
61 – 90 Days4.504.00
91 Days – 180 Days5.255.00
181 Days – 270 days5.755.25
271 Days – 1 year6.255.50
1 Year6.506.00
1 Year – 2 Years6.255.75
2 Years – 3 Years6.255.50
3 Years – 5 Years6.005.50
5 Years – 10 Years6.005.50

Indian Bank NRE Fixed Deposit Interest Rates:

Table updated: 4 January, 2017

Calculate maturity amount now

Important Notes:

  • Additional interest .50% is payble to senior citizens for domestic deposits below 1 crore.
  • Revised rates are applicable to fresh deposits and renewal of maturity deposits.
  • NRE deposits must be opened for minimum 1 year. No interest will be paid for closing deposits before 1 year.
  • Saving interest rate is 4% for domestic, NRE and NRO accounts.

For more info official Indian bank page: visit @http://www.indianbank.in/rate_deposit.php

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