Indian Bank, a public sector bank, has extended the special fixed deposit offering higher interest rate dubbed “Ind Super 400” and “Ind Supreme 300 days”, according to the bank website. The last date is extended to October 31, 2023.
Ind Super 400 days
This special FD offers a higher rate of interest for investments ranging from Rs.10,000 to less than Rs.2 crore for 400 days with callable options.
Indian Bank will now offer 7.25% interest rates to the general public, 7.75% to seniors, and 8.00% to super senior citizens.
| IND SUPER 400 DAYS -Rate of Interest(% p.a) | ||
| Public | 7.25% | |
| Senior Citizen | 7.75% | |
| Super Senior Citizen | 8.00% | |
Ind Super 300 days
As per the website, “Special Retail Term Deposit Product “IND SUPREME 300 DAYS” has been launched w.e.f 01.07.2023 offering attractive rate of interest for investment starting from Rs.5000 to less than 2 Crore for 300 days in the form of FD/MMD with callable options.”
| Category | Rate of Interest ( %p.a) | |
| Public | 7.05% | |
| Senior Citizen | 7.55% | |
| Super Senior Citizen | 7.80% | |
Indian Bank FD interest rates
Indian Bank offers interest rate between 2.80% to 6.70% (except special FD) for tenure ranging from 7 days to 10 years.
| Period | Revised (% p.a) |
| 7 days to 14 days | 2.8 |
| 15 days to 29 days | 2.8 |
| 30 days to 45 days | 3 |
| 46 days to 90 days | 3.25 |
| 91 days to 120 days | 3.5 |
| 121 days to 180 days | 3.85 |
| 181 days to less than 9 months | 4.5 |
| 9 months to less than 1 year | 4.75 |
| Ind Supreme 300 Days | 7.05 |
| (w.e.f 01.07.23 valid upto 31.10.23) | |
| 1 year | 6.1 |
| Above 1 year to less than 2 years | 6.3 |
| Ind Super 400 Days | 7.25 |
| (w.e.f 20.04.23 valid upto 31.10.23) | |
| 2 years to less than 3 years | 6.7 |
| 3 years to less than 5 years | 6.25 |
| 5 year | 6.25 |
| Above 5 years | 6.1 |
