Highest Rd Interest Rates In Indian Bank

Hii sir, I Wants to get the Information About the Interest Rates on the Recurring Deposit of the Indian Bank ?

[pawan]

Indian Bank is an Indian state-owned financial services company established in 1907 and headquartered in Chennai, India. It has 20,661 employees, 2594 branches and is one of the top performing public sector banks in India. It has overseas branches in Colombo and Jaffna in Sri Lanka, and in Singapore, and 223 correspondent banks in 71 countries.

About the Recurring Deposit Interest Rates

The interest rate offered by the bank to its depositors on short- term deposits less than Rs.1 crore ranges between 5.75% and 6.25% per annum and for deposits worth Rs.1 crore to Rs.5 crores, the interest rate is 5.25% to 5.75% per annum.


For deposits below Rs.1 crore

Tenure Rs. 1 crore to Rs 5 crore %
181 to less than 9 months 4.5
9 months to less than 1 Year 4.5
1 year 4.75
1 year to < 2 Years 4.5
2 years to < 3 Years 4.5
3 years and above 4.5

For deposits of Rs.1 crore to Rs.5 crores

Tenure Rs. 1 crore to Rs 5 crore
181 to less than 9 months 4.5
9 months to less than 1 Year 4.5
1 year 4.75
1 year to < 2 Years 4.5
2 years to < 3 Years 4.5
3 years and above 4.5

For more information you may Visit the Nearest branch of the Indian Bank