Features of Indian Bank

Hii sir, I Wants to know the Information About the Fixed Deposit Scheme Plan And Feature of the Indian Bank ?

[pawan]

Indian Bank, a leading public sector bank, is a 107 year old bank that traces its history to the Swadeshi movement. The bank has 19,429 employees and a network of 2,250 Core-Banking Solutions implemented branches across India. It had a total business worth ₹ 2,86,633 Crores in 2013-14 and an operating profit of ₹ 2,901 Crores.

Features :

Earn good interest with easy liquidity
Quarterly or monthly interest with a discount
Loan, foreclosure, nomination etc. are available
Automatic renewal facility for equal period

Eligibility:
Any individual or minor who fulfils Know your Customer requirements can open a fixed deposit account in Indian bank. The bank also accepts deposits from NRIs in terms of NRE and NRO deposits.

Amount of Deposit

Minimum deposit accepted under fixed deposits at Indian Bank is ₹ 100.
There is no maximum limit for deposits accepted under fixed deposits at Indian Bank

Interest Rates :
The latter is a reinvestment plan deposit scheme, locked-in for 5 years and offers the following rates 7.0% for general public, 7.5% for senior citizens and 8.0% for Indian Bank employees.