This Public Sector Bank Revises Interest Rates On FD: Check Latest Rates Here
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Indian Bank FD Rates For Regular Customers
Regular customers who deposit less than Rs 2 crore will now receive a rate of 2.80 percent to 5.25 percent on deposits maturing in 7 days to 5 years. The following are the most recent interest rates on fixed deposits offered by Indian Bank to the general public, effective from November 5, 2021.
| Period | Interest rates in % per annum |
|---|---|
| 7 days to 14 days | 2.8 |
| 15 days to 29 days | 2.8 |
| 30 days to 45 days | 2.8 |
| 46 days to 90 days | 3.25 |
| 91 days to 120 days | 3.35 |
| 121 days to 180 days | 3.5 |
| 181 days to less than 9 months | 4 |
| 9 months to less than 1 year | 4.4 |
| 1 year | 4.95 |
| Above 1 year to less than 2 years | 5 |
| 2 years to less than 3 years | 5.1 |
| 3 years to less than 5 years | 5.2 |
| 5 year | 5.25 |
| Above 5 years | 5.15 |
| Source: Bank Website. With effect from 05.11.2021 |
Indian Bank FD Rates For Senior Citizens
On their Short Term Deposits, Fixed Deposits, and Money Multiplier Deposit Schemes, senior citizens will continue to get an additional rate of 0.50 percent p.a. for amounts up to ’10 crore for all tenors over the card rate. The latest interest rates on fixed deposits provided by Indian Bank to elderly persons, effective November 5, 2021, are listed below.
| Period | Interest rates in % per annum |
|---|---|
| 7 days to 14 days | 3.3 |
| 15 days to 29 days | 3.3 |
| 30 days to 45 days | 3.3 |
| 46 days to 90 days | 3.75 |
| 91 days to 120 days | 3.85 |
| 121 days to 180 days | 4 |
| 181 days to less than 9 months | 4.5 |
| 9 months to less than 1 year | 4.9 |
| 1 year | 5.45 |
| Above 1 year to less than 2 years | 5.5 |
| 2 years to less than 3 years | 5.6 |
| 3 years to less than 5 years | 5.7 |
| 5 year | 5.75 |
| Above 5 years | 5.65 |
| Source: Bank Website. With effect from 05.11.2021 |
Indian Bank FD Rates On Deposits of Rs 2 Cr to Rs 5 Cr
| Period | Interest rates in % per annum |
|---|---|
| 7 days to 14 days | 2.9 |
| 15 days to 29 days | 2.9 |
| 30 days to 45 days | 2.9 |
| 46 days to 90 days | 2.9 |
| 91 days to 120 days | 2.9 |
| 121 days to 180 days | 2.9 |
| 181 days to less than 9 months | 3.25 |
| 9 months to less than 1 year | 3.25 |
| 1 year | 3.55 |
| Above 1 year to less than 2 years | 3.25 |
| 2 years to less than 3 years | 3.25 |
| 3 years to less than 5 years | 3.25 |
| 5 year | 3.25 |
| Above 5 years | 3.25 |
| Source: Bank Website. With effect from 05.11.2021 |
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