Indian Overseas Bank Fixed Deposit

I want to know about the rate of interest on Fixed Deposits at IOB .How much is the interest rate on Fixed Deposit at Indian Overseas Bank?

[Shaleen]

As you want I am here I am here giving you rate of interest information on Fixed Deposit at Indian Overseas Bank.

Fixed Deposit Interest Rates:

Up to Rs 1 Crore
7 days - 14 days 5.00
15 days - 29 days 5.00
30 days - 45 days 5.00
46 days - 60 days 5.00
61 days - 90 days 5.00
91 days - 120 days 5.50
121 days - 179 days 5.50
180 days - 269 days 6.25
270 days -< 1 year 6.75
1 yr - < 2 yrs 8.00
2 yrs to 3 yrs 7.75
> 3 Yrs - < 5 Yrs 7.75
5 Yrs & above 7.75

Period of Deposit Rs.1 Cr. to <10 Crs
7-14 days 5.00
15 -29 days 5.00
30–45 days 5.00
46–60 days 5.00
61–90 days 7.00
91days-120 days 7.25
121days-179 days 7.25
180 days–269 days 7.25
270 days --< 1 yr 7.25
1yr 7.25
>1 yr -< 2 yrs 7.25
2 yrs to 3 yrs 7.25
>3 yrs -< 5 yrs 8.05
5 yrs & above 8.05

Hello Friends , Here Would you please tell me Benefits & Interest Rates of Indian Overseas Bank Fixed Deposit Account ?

[sumit]

A fixed Deposit Account Allows to Deposit your money For a Set Period of Time .

Fixed deposits also give you a Higher Rate Of Interest Than A Savings Bank Account.

Maturity Period Deposit Amount INTEREST RATE
General Senior Citizen
7 days to 14 days Upto Rs. 25 lakh N.A 4.50
(deposit of Rs.1 lakh)

15 days to 29 days Upto Rs. 25 lakh N.A 4.50

30 days to 45 days Upto Rs. 25 lakh N.A 4.50

46 days to 60 days Upto Rs. 25 lakh N.A 4.50


Fixed Deposit Benefits :

You can avail loans upto 90% of the principal

Variable deposit periods ranging from 6 months to 120 months

You get interest once in 6 months

The minimum deposit amount is Rs. 1,000/- Deposits can be made in multiples of Rs. 100/-.