Indian Bank FD Interest 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. 3 crore ranges from 2.80% p.a. to 6.70% 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.
Indian Bank FD interest Rates: Less than Rs. 3 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% |
Above 1 year to less than 2 years (Except 444 and 555 days) | 6.50% | 7.00% |
444 days (Ind Secure Product) | 6.70% | 7.20% |
555 days (Ind Green Product) | 6.60% | 7.10% |
2 years to less than 3 years | 6.40% | 6.90% |
3 years to less than 5 years | 6.25% | 6.75% |
5 years | 6.00% | 6.50% |
Above 5 years | 6.00% | 6.50% |
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 8 August 2025
Indian Bank FD Interest Rates: Rs. 3 crore to Rs.5 crore
Tenure Bracket | Callable | Non-Callable |
7 to 14 days | 5.00% | 5.00% |
15 to 29 days | 5.00% | 5.00% |
30 to 45 days | 5.25% | 5.25% |
46 to 90 days | 5.35% | 5.35% |
91 to 120 days | 5.75% | 5.80% |
121 to 180 days | 5.75% | 5.80% |
181 days to less than 9 months | 5.75% | 5.80% |
9 months to less than 1 year | 5.75% | 5.80% |
1 year | 6.25% | 6.30% |
Above 1 year to less than 2 years | 6.00% | 6.05% |
2 years to less than 3 years | 5.50% | 5.50% |
3 years to less than 5 years | 5.50% | 5.50% |
5 years | 5.50% | 5.50% |
More than 5 years | 5.50% | 5.50% |
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 20 August 2025
Indian Bank Tax Saver Scheme FD 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 | 5.55% | 6.00% |
*The IB Tax Saver FD rates are subject to change as per the discretion of the bank. The rates mentioned are valid as of 20 August 2025.
Indian Bank NRE FD Rates
The following table enlists the Indian Bank Non-Resident External Deposit rates*:
Tenure Bracket | Less than Rs.3 crore (p.a.) | Rs. 3 crore to Rs.5 crore (p.a.) |
1 year | 6.10% | 6.25% |
Above 1 year to less than 2 years | 6.50% | 6.00% |
2 years to less than 3 years | 6.40% | 5.50% |
3 years to less than 5 years | 6.25% | 5.50% |
5 years | 6.00% | 5.50% |
More than 5 years | 6.00% | 5.50% |
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 20 August 2025
Indian Bank FCNR (B) Rates
Given below are the FCNR (B) rates offered by Indian Bank:
CURRENCY | PERIOD | ||||
| 1 < 2 Yrs | 2 years and above < 3 Yrs | 3 years and above < 4 Yrs | 4 Years and above to < 5 | Exactly 5 years |
USD | 5.70 | 4.20 | 3.75 | 3.75 | 3.80 |
GBP | 4.75 | 3.00 | 3.00 | 3.00 | 3.00 |
EUR | 1.50 | 1.80 | 1.50 | 1.50 | 1.50 |
JPY | 0.10 | 0.13 | 0.12 | 0.13 | 0.14 |
CAD | 4.00 | 4.00 | 2.80 | 3.50 | 3.30 |
AUD | 3.60 | 3.50 | 2.05 | 2.30 | 2.45 |
CHF | 0.01 | 0.01 | 0.02 | 0.03 | 0.05 |
SGD | 3.60 | 0.40 | 0.49 | 0.55 | 0.61 |
*The Indian Bank FCNR (B) interest rates are subject to change as per the discretion of the bank. The given rates are valid as of 3 July 2025
FAQs on Indian Bank FD Rates
- What is the maximum amount that can be deposited in a day under the Indian Bank fixed deposit scheme?
The maximum amount that can be opened as a single deposit in a day for an Indian Bank fixed deposit is Rs.3 crore. This is within the overall Rs.10 crore limit that is tagged to a single Customer Information File (CIF).
- For Indian Bank fixed deposits under Hindu Undivided Family (HUF), if the Karta is a senior citizen, are senior citizen rates for deposits under Rs.10 crore applicable?
Kartas of a Hindu Undivided Family (HUF), even if they are senior citizens, will not be eligible for the additional rate of interest that is given to senior citizens because the fixed deposit is not in their individual capacity but under the HUF itself.
- When fixed deposit interest rates are revised, are the new rates applicable to existing deposits?
The revised interest rates on fixed deposits are only applicable for deposits that are renewed and for new deposits.
- When is the interest on fixed deposits in Indian Bank credited into the account?
When the interest is calculated on a daily basis, the amount is credited in the months of March, June, September, and December, i.e., on a quarterly basis every year.
- Are there foreclosure charges for Indian Bank senior citizen fixed deposits?
There are no foreclosure charges for deposits in the name of senior citizens for Indian Bank fixed deposits. There are also no foreclosure charges for fixed deposits that are held by current or former employees of the bank or current or former employees of the bank who are senior citizens as well.
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