Indian Bank has extended its special Fixed Deposit (FD) scheme deadline, offering an attractive opportunity to its customers.
Deadline Extension
The original deadline for investing in this special FD scheme was until 30 June 2024. However, Indian Bank has extended the deadline, allowing customers to invest until 30 September 2024.
Interest Rates and Benefits
This special FD scheme offers an interest rate of 8%, providing customers with an opportunity to earn higher returns in a shorter period.
Details of Indian Bank’s Special FD Schemes
Indian Bank is currently offering two distinct FD schemes:
Ind Super 400 Days FD Scheme
The Ind Super 400 Days FD allows investments ranging from Rs 10,000 to Rs 2 crore. Here are the interest rates:
General public: 7.25%
Senior citizens: 7.75%
Super senior citizens: 8.00%
This FD scheme is callable, meaning investors have the flexibility to withdraw funds before maturity.
Ind Super 300 Days FD Scheme
Launched on 1 July 2023, the Ind Super 300 Days FD scheme offers investments from Rs 5,000 to less than Rs 2 crore. Interest rates vary as follows:
General public: 7.05% to 7.80%
Senior citizens: 7.55%
Super senior citizens: 7.80%
Customers can invest in this FD for a tenure of 300 days, providing another attractive option for investors.
This version maintains all the essential information while presenting it in a more structured and simplified manner with added headings for clarity.
