Indian Bank Fixed Deposit

I am a customer of Indian Bank and want to open an FD account in the bank. Can you tell me about the fixed deposits Rates?

[Shaleen]

Here I am giving you fixed deposits for up to Rs. 15 lakh of Indian bank

7 days to 14 days 6.25

15 days to 29 days 6.25

30 days to 45 days 6.25

46 days to 90 days 7.50

91 days to 120 days 7.50

121 days to 180 days 7.50

181 days to less than 9 months 8.00

9 months to less than 1 year 9.25

1 year to less than 3 years 9.25

3 years and above 9.00

0.75 % extra for Senior citizen

I would like to know the features and deposit rate for Indian bank as I would like to make a term deposit?

[pawan]

Indian Bank is an Indian state-owned monetary services company established in 1907 and headquartered in Chennai, India. It has 20464 workforce, 2416 branches in India and is one of the full-size public sector banks of India.

Indian Bank offers various deposit schemes like:

IB Tax Saver Scheme
IB Swarna Nidhi RD/IB Swarna Nidhi VRD
Variable Recurring Deposit
Recurring Deposit
Special Scheme for Senior Citizens
Facility Deposit
Re-investment Plan
Fixed Deposit

Fixed Deposit salient features for Indian Bank

Interest application is quarterly based.

Salient Features of fixed deposit scheme is a time deposit for a fixed period to earn interest with easy liquidity
Min Amt Minimum Deposit is Rs.100/- and there is no maximum limit for the term deposit to be made.

Min Period is 7 Days for the deposit but with condition of minimum amount of Rs.1 lakh to be deposited.
Maximum period for term deposit normally 10 years.

Other Requirements/Details for the Quarterly or even on monthly basis with a discount as well as automatic renewal facility for equal period and Loan / nomination /pre closure facilities available with the term deposit.

The detailed term deposit rate of interest are mentioned in the below file

Rate of Interest for term deposit of Indian Bank



Address:

Corporate Office - Postal Address

Indian Bank, Corporate Office,
PB No: 5555, 254-260, Avvai Shanmugam Salai,
Royapettah, Chennai - 600 014

Corporate Office - Phone Number
44 28134300