Indian Bank Latest FD Interest Rates

Indian Bank Latest Fixed Deposit Interest Rates

Revision of Interest Rates on Retail Domestic Term Deposits with effect from 29.10.2022

Period Less than ₹2 crore
Existing (% p.a) Revised (% p.a)
7 days to 14 days 2.80 2.80
15 days to 29 days 2.80 2.80
30 days to 45 days 3.00 3.00
46 days to 90 days 3.25 3.25
91 days to 120 days 3.50 3.50
121 days to 180 days 3.85 3.85
181 days to less than 9 months 4.50 4.50
9 months to less than 1 year 4.75 4.75
1 year 5.50 6.10
Above 1 year to less than 2 years 5.50 6.30
2 years to less than 3 years 5.60 6.50
3 years to less than 5 years 5.75 6.40
5 year 5.65 6.40
Above 5 years 5.65 6.30

Revision of Interest Rates on Bulk Domestic Term Deposits of Rs.2 Crs to Rs.5 Crs wef.31.10.2022

Period 2 crore to ₹5 crore

Callable
Non-Callable
Existing (% p.a) Revised (% p.a) Existing (% p.a) Revised (% p.a)
7 days to 14 days 2.90 2.90 2.90 2.90
15 days to 29 days 2.90 2.90 2.90 2.90
30 days to 45 days 2.90 2.90 2.90 2.90
46 days to 90 days 3.10 3.10 3.10 3.10
91 days to 120 days 3.10 3.10 3.10 3.10
121 days to 180 days 3.60 3.60 3.60 3.60
181 days to less than 9 months 4.50 4.50 4.50 4.50
9 months to less than 1 year 6.25 6.25 6.25 6.25
1 year 6.60 6.70 6.60 6.70
Above 1 year to less than 2 years 6.65 6.65 6.65 6.65
2 years to less than 3 years 6.10 6.10 6.10 6.10
3 years to less than 5 years 6.00 6.00 6.00 6.00
5 year 6.00 6.00 6.00 6.00
Above 5 years 6.00 6.00 6.00 6.00

#The revised interest rates on domestic term deposits are applicable only to fresh deposits and on renewal of maturing deposits.

#The above interest rates are also applicable to NRE term deposits, Tax Saver Scheme and Capital Gains Scheme Type B (Term Deposits) 1988 Scheme.

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