Indian Bank has introduced two new fixed deposit (FD) schemes for its customers: IND SECURE and IND GREEN.
Along with these new schemes, the bank has discontinued its IND Super 400 Days and IND Supreme 300 Days schemes from 8 May 2025.
New FD Schemes
IND SECURE (444 Days)
Maturity Period: 444 days
Investment Range: From Rs 1,000 to less than Rs 3 crore
Interest Rates:
Ordinary Citizens: 7.15% p.a.
Senior Citizens: 7.65% p.a.
Super Senior Citizens: 7.90% p.a.
IND GREEN (555 Days)
Maturity Period: 555 days
Investment Range: From Rs 1,000 to less than Rs 3 crore
Interest Rates:
Ordinary Citizens: 6.80% p.a.
Senior Citizens: 7.30% p.a.
Super Senior Citizens: 7.55% p.a.
Both schemes will be available until September 30, 2025.
Discontinued Schemes
IND Super 400 Days
IND Supreme 300 Days
These schemes have been discontinued starting from 8 May 2025.
Revised FD Interest Rates (for investments under Rs 3 crore)
Indian Bank has updated its general FD interest rates as follows:
1 Year: 6.10%
444 Days (IND SECURE): 7.15%
555 Days (IND GREEN): 6.80%
Less than 1 Year to 2 Years: 7.10%
2–3 Years: 6.70%
3–5 Years: 6.25%
Above 5 Years: 6.10%
Short-term FDs (7-14 days) continue to offer a minimum interest rate of 2.80%.