Indian Bank has extended a gift to millions of customers by prolonging the deadline for investing in its special Fixed Deposit schemes.
You can now invest in the Ind Super 400 Days FD and Ind Super 300 Days FD schemes until 31 March 2025.
Previously, the deadline was set for 30 November 2024, but it has now been extended.
8% Interest on Special FDs
Indian Bank is offering an 8% interest rate on its special Fixed Deposits. These are callable FDs, meaning you can withdraw your money before the maturity date.
The Ind Super FD scheme has a tenure of 400 days, and you can invest amounts ranging from Rs 10,000 to Rs 2 crore.
Currently, the interest rates for general public are 7.25%, for senior citizens it’s 7.75%, and for super senior citizens, it’s 8%. The last date to invest in these special FDs is November 30.
Ind Super Special FD
Indian Bank launched its special term deposit product, the Ind Super 300 Days FD, on 1 July 2023.
You can invest between Rs 5,000 and less than Rs 2 crore for a 300-day tenure. The interest rates offered range from 7.05% to 7.80%.
The bank provides an interest rate of 7.05% for the general public, 7.55% for senior citizens, and 7.80% for super senior citizens.
Indian Bank Regular FD Interest Rates
Here are the interest rates for Indian Bank’s regular Fixed Deposit schemes:
- 7 to 14 days: 2.80%
- 15 to 29 days: 2.80%
- 30 to 45 days: 3.00%
- 46 to 90 days: 3.25%
- 91 to 120 days: 3.50%
- 121 to 180 days: 3.85%
- 181 days to less than 9 months: 4.50%
- 9 months to less than 1 year: 4.75%
- 1 year: 6.10%
- 300 days (Ind Supreme Product) (valid till 30.11.2024): 7.05%
- 400 days (Ind Super Product) (valid till 30.11.2024): 7.25%
- More than 1 year to less than 2 years: 7.10%
- 2 years to less than 3 years: 6.70%
- 3 years to less than 5 years: 6.25%
- 5 years: 6.25%
- Above 5 years: 6.10%
