Indian Bank has introduced two new fixed deposit (FD) schemes for its customers. These schemes are named IND SECURE and IND GREEN.
Meanwhile, the IND Super 400 Days and IND Supreme 300 Days schemes have been withdrawn from May 8, 2025.
New FD Schemes
IND SECURE
This is a retail term deposit with a maturity of 444 days. You can invest from Rs 1,000 to less than Rs 3 crore.
Interest Rates
General Public: 7.15% p.a.
Senior Citizens: 7.65% p.a.
Super Senior Citizens: 7.90% p.a.
IND GREEN
This scheme has a maturity period of 555 days. The investment amount ranges from Rs 1,000 to under Rs 3 crore.
Interest Rates
General Public: 6.80% p.a.
Senior Citizens: 7.30% p.a.
Super Senior Citizens: 7.55% p.a.
Indian Bank states that both schemes will be available until September 30, 2025.
Discontinued Schemes
IND Super 400 Days
IND Supreme 300 Days
These schemes have been stopped from May 8, 2025.
Updated FD Interest Rates
(For deposits below Rs 3 crore)
Indian Bank has also revised its standard FD interest rates:
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 to 3 years: 6.70%
3 to 5 years: 6.25%
Above 5 years: 6.10%
Short-term FDs like those of 7–14 days continue to offer a minimum rate of 2.80%.
After the recent repo rate cut by the RBI, several banks are revising their FD plans and interest rates.
Indian Bank’s new schemes could be a good option for investors looking for stable returns.
