Indian Bank Fixed Deposit Rates of Interest

What are the new interest rates of Fixed Deposit for domestic deposits in Indian Bank? Please give me the rates soon.

Hello, as the rates of interest in all the banks are fixed by the central bank RBI, hence there will be not much difference in the rates of interest of all the banks.

Here I am sharing you the details of rates of fixed deposit of Indian bank as under which are in effect from 5th October 2015:

Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)
MATURITY PERIOD IB Tax Saver schemes - 5 Years
DEPOSIT AMOUNT Upto Rs. 1 lakh
INTEREST RATE (% p.a.) 7.75
General Senior Citizen 8.25



For Domestic Term Deposit for Senior Citizens, additional rate of interest payable would be 0.50% p.a. for amount less than Rs 1 crore. The additional rate would be offered on deposits of 15 days to 10.
These rates are applicable to IB Tax Saver schemes also. For the deposits of Senior Citizens, under this scheme, additional rate of 0.50% p.a. is payable for the respective maturity period.
The rate of interest on domestic term deposit is also applicable on Capital Gains Scheme Type B (Term Deposits) 1988 Scheme.
These interest rates are applicable to NRE term deposits also, subject to compliance of all the extant exclusive /specific RBI Guidelines on NRE accounts relating to minimum/maximum term of deposits, category of customer etc.

The Indian Bank offers Fixed Deposit facility. Here are the interest rates for the FD domestic deposits:

Period: days to 14 days:
Less than RS.15 lakh
6.25

15 lakh to 5crore
6.25

Other Rs and days wise rates are available in the file. You can see the rates after downloading the file from here.

Attached Files Available for Download

Indian Bank Fixed Deposit Rates.doc (218.5 KB, 63 views)

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Answered By StudyChaCha Member

Hello, I am planning for taking a fixed deposit account in Indian Bank and I want to know the rates of interest.