FD Scheme– Right now many banks offer special FD schemes to customers. Public sector Indian Bank is also included in this list. The bank is running two special fixed deposit schemes. Attractive interest is also being given on these, which is much better than regular deposits. Both the schemes were to close on March 31, but now their deadline has been extended. The benefit of the scheme can be availed till June 30, 2025.
The names of these schemes are “Ind Super 400 Day” and “Ind Supreme 300 Day”. The bank is offering a minimum of 7.05% and a maximum of 7.30% interest to ordinary citizens. Senior citizens are getting 0.50% and super senior citizens are getting 0.75% extra return.
How much return will you get on 300 days investment?
Indian Bank is offering 7.05% interest to general citizens on the 300-day special FD scheme. It is offering 7.55% return to senior citizens and 7.80% return to super senior citizens. This scheme was launched on 12 June 2024. You can invest less than Rs 3 crore in it. At the same time, the minimum limit of investment is Rs 5000.
Interest rate for 400 days scheme
The bank launched the Ind Super 400 Days Scheme on 3 October 2024. Under this scheme, general citizens are getting 7.30% interest, senior citizens 7.80% and super senior citizens 8.05% interest. Customers can invest less than Rs 3 crore in this. At the same time, the minimum limit of investment is Rs 10,000.
Interest Rates for Regular FD
7 days to 14 days – 2.80%
15 to 29 days – 2.80%
30 to 45 days – 3%
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%
One year – 6.10%
400 days – 7.30%
555 days (Ind Green Product) – 6.80%
Above 1 year and 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%.