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    Indian Bank Fixed Deposit Rates

    The Indian Bank current Fixed Deposit interest rates lie between 4.50 percent. and 6.90 percent per annum. The range of maturity period is 7 days to 5 Years. In case of FDs below Rs.1 crore, Indian Bank offers a best FD rate of 6.75 percent per annum for a tenure of 1 year. For senior citizens, the Bank offers FD interest rates range from 5.00 percent to 7.25 percent per annum

    Indian Bank FD interest Rates

    Tenure band

    General FD rates p.a.

    Senior Citizen FD rates p.a.

    7 to 14 days

    4.50%

    5.00%

    15 to 29 days

    4.50%

    5.00%

    30 to 45 days

    4.50%

    5.00%

    46 to 90 days

    5.00%

    5.50%

    91 to 120 days

    6.25%

    6.75%

    121 to 180 days

    6.50%

    7.00%

    181 days to 9 months

    6.50%

    7.00%

    9 months to 1 year

    6.50%

    7.00%

    1 year

    6.75%

    7.25%

    1 year 1 day to 2 years

    6.60%

    7.10%

    2 years to 3 years

    6.50%

    7.00%

    3 years to 5 years

    6.75%

    6.50%

    5 years

    6.90%

    6.50%

    Above 5 years

    6.50%

    6.50%

    *The Indian Bank FD rates tend to change at the discretion of the bank. The rates of interest mentioned here are valid as of 14 March 2019.

    **Above rates are deposits above Rs 1 Crore

    More
    Indian Bank Fixed Deposit
     and 2 other FDs
    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    7 Days to 10 Years
    4% - 7% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year onwards
    6% - 6.5% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.6% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.72% - 8.65% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Indian Bank Fixed Deposit Rates is Rated as "Excellent!" by 27 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Fixed Deposit BYTES FROM OUR KITCHEN

    FD Rates in Indian Bank

    Indian Bank is one of the oldest banks of the country which was constituted in 1907. The bank is known for offering investment products such as Fixed Deposits (FDs) or Term Deposits for rewarding interest rates and high returns.

    Minimum and Maximum Indian Bank fd interest rates 2019 for Regular and Senior Citizen
    Indian Bank FD Rates

    Fixed Deposit Rates in Indian Bank

    The Interest rate associated with Indian Bank FDs varies depending on the tenure. The bank offers multiple tenure options ranging from 7 days to 10 years

    • Indian Bank offers short-term FD rates with tenures ranging from 7 days to 1 year is 4.50% p.a. to 6.50% p.a. The highest interest rates on these FDs is 6.50 percent per annum, which is offered on deposits with tenures less than 1-year.
    • For For one-year deposits, Indian Bank fixed deposit interest rate is 6.75 percent for general people. And for senior citizens, the rate of interest applicable is 7.25 percent
    • Indian Bank medium-term Fixed Deposit rates with Tenure band ranging between 1 year and 5 years is 6.50 percent to 6.90 percent per annum. Maximum rate of interest on these deposits is 6.90 percent per annum.
    • The long-term FD rate is 6.50 percent per annum for a maturity period of more than 5 years
    • For senior citizens the FD rates on Indian Bank deposits is set 0.50% more than the regular FD rates. While the highest rate on short-term fixed deposits lies at 7.00 percent per annum, the highest rates offered on medium-term and long-term fixed deposits is 7.25 percent per annum and 6.50 percent per annum respectively.

    Indian Bank FD interest Rates: Rs.1 crore to Rs.5 crore

    Tenure bracket Regular FD rates (per annum) Senior Citizens FD rates (per annum)

    7 to 14 days

    4.50%

    N/A

    15 to 29 days

    4.50%

    N/A

    30 to 45 days

    4.50%

    N/A

    46 to 90 days

    5.00%

    N/A

    91 to 120 days

    6.00%

    N/A

    121 to 180 days

    6.25%

    N/A

    181 days to 9 months

    6.25%

    N/A

    9 months to 1 year

    6.25%

    N/A

    1 year

    6.50%

    N/A

    1 year 1 day to 2 years

    6.00%

    N/A

    2 years to 3 years

    5.50%

    N/A

    3 years to 5 years

    5.00%

    N/A

    5 years

    5.00%

    N/A

    Above 5 years

    5.00%

    N/A

    *The Indian Bank Fixed Deposit interest rates tend to change at the discretion of the bank. The rates of interest mentioned here are valid as of 14 March 2019.

    IB Tax Saver Scheme Rates

    The interest rates* for Indian Bank Tax Saver Scheme are given below:

    Tenure General Public FD interest rate (per annum) Senior citizen FD interest rate (per annum)
    5 years 6.00% 6.50%

    *The IB Tax Saver FD rates are subject to change as per the discretion of the bank. The rates mentioned are valid as of 31 October 2018.

    Indian Bank Nre Fd Rates

    The following table enlists the Indian Bank Non-Resident External Deposit rates*:

    Tenure General Public FD interest rate (per annum) Senior citizen FD interest rate (per annum)
    7-45 days 4.50% N/A
    46-90 days 5.00% N/A
    91-120 days 6.00% N/A
    121-180 days 6.25% N/A
    181 days to 12 months 6.50% N/A
    12 months 6.75% N/A
    12 months 1 day to 24 months 6.60% N/A
    24 months to 36 months 6.50% N/A
    36 months and above 6.00% N/A

    *The Indian Bank NRE FD interest rates are subject to change as per the discretion of the bank. The given rates are valid as of 30 October 2018.

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    Indian Bank Fixed Deposit Reviews

    • Indian Bank Fixed Deposit
      "Good Investment"
      0.5 4.0/5 "Great!"
      Currently I have fixed deposit in Indian Bank, they are providing the interest around 7% of FD account for one year. When I visited the branch for FD account opening, within one year I opened it, I got my account no. I can make any amount to invest in FD as per my convenient.
      Was this review helpful? 3
      , chennai
      Reviewed on Nov 20, 2018
    • Indian Bank Fixed Deposit
      "Good Service"
      0.5 4.0/5 "Great!"
      I opened a fixed deposit with the Indian Bank. The deposit amount is 25000 and the tenure is 20 years, 25000. The interest rate is competitive and I opened the FD at the Indian bank branch. After 20 years I'll receive the deposit amount plus the added interest.
      Was this review helpful? 13
      , chennai
      Reviewed on Jul 14, 2018
    • Indian Bank Fixed Deposit
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have a Fixed Deposit with Indian bank from last 4-5 years, the services provided are very good when compared to all other banks. I invested an one time amount of Rs 10 lakhs. Customer service part was fine and their response is prompt. There are no additional charges and the maturity period is after 9 years.
      Was this review helpful? 5
      , ahmedabad
      Reviewed on Jan 19, 2018
    • Indian Bank Fixed Deposit
      "Good"
      0.5 4.0/5 "Great!"
      I am having the fixed deposit account with the Indian bank and the services are good one with them. I have not faced any issues nor any drawback with the Indian bank system also I would like to comment that their online banking services are really good with them.
      Was this review helpful? 3
      , kanchipuram
      Reviewed on Nov 04, 2017
    • Indian Bank Fixed Deposit
      "Deposit scheme"
      0.5 4.0/5 "Great!"
      I have a Fixed deposit scheme with Indian Bank which I have been taking and reinvesting in it for a couple of times. The recent scheme is for 3 years and offers an interest rate of 7-8%.. Its a very user friendly procedure of applying by filling the forms which is simple,time saving and foolproof as well.
      Was this review helpful? 9
      , coimbatore
      Reviewed on May 04, 2016
    • Indian Bank Fixed Deposit
      "Fixed deposit with nationalized bank"
      0.5 5.0/5 "Blown Away!"
      I have the fixed deposit account with the Indian bank and I been with them from the last two years of time. Advantages are not such with them rather than they are nationalized bank. They have provided around 8.5% for the first year and now they are providing around 7.5% as interest rate now.
      Was this review helpful? 10
      , chennai
      Reviewed on Apr 13, 2016
    • Indian Bank Fixed Deposit
      "Future benefits.."
      0.5 3.0/5 "Satisfactory"
      My fixed account is with Indian Bank for the past 10 years. They are providing more benefits for their senior citizens. I am getting around 8% interest for this account. In terms of customer service they were very slow and it would be great speed up their process.
      Was this review helpful? 16
      , chennai
      Reviewed on Jan 02, 2016
    • Indian Bank Fixed Deposit
      "FD rate is high.."
      0.5 5.0/5 "Blown Away!"
      My father is an employee of Indian Bank and on that I opened the fixed deposit. In addition to that the rate for fixed deposit is something high for me. Not activated the net banking but I tried once where that is pretty good and not user friendly.
      Was this review helpful? 6
      , bangalore
      Reviewed on Dec 14, 2015
    • Indian Bank Fixed Deposit
      "Very good"
      0.5 5.0/5 "Blown Away!"
      INDIAN Bank Fixed Deposit is fine its very good. I am holding this FD for 10 years . The most interesting about is the rate of interest 9% annual basis they have charged interest. Interest rate offered by INDIAN for senior citizen was 9.5% . I am allowed to make a partial liquidation and I can withdraw a part about the amount.
      Was this review helpful? 11
      , new delhi
      Reviewed on Nov 26, 2015
    • Indian Bank Fixed Deposit
      "Its fine"
      0.5 5.0/5 "Blown Away!"
      INDIAN Fixed Deposit is fine. I am holding this FD for quite some time now. I am holding this FD for a period of 9 months. The best part about this FD is just the rate of interest for 9 months is more I am getting a better interest on that. There is no drawback or challenges here.
      Was this review helpful? 4
      , pondicherry
      Reviewed on Nov 25, 2015
    • Indian Bank Fixed Deposit
      "My FD"
      0.5 5.0/5 "Blown Away!"
      My FD is with INDIAN Bank. Customer service offered by them was prompt. If any one is having an account with INDIAN bank they can invest there. The best part here is they call up when the FD is getting matured to check whether they are interested in taking it further or not, I am holding this FD since 2016 March,
      Was this review helpful? 2
      , kolkata
      Reviewed on Nov 11, 2015
    • Indian Bank Fixed Deposit
      "Family bank...."
      0.5 5.0/5 "Blown Away!"
      Indian bank is best for Fixed account. We will get higher interest compare to other banks. They offered 8%. They were very customer friendly and I would say its kind of family bank. Its in my home down and I am associated with them for the past 20yrs.
      Was this review helpful? 3
      , kolkata
      Reviewed on Oct 29, 2015
    • Indian Bank Fixed Deposit
      "Very good"
      0.5 5.0/5 "Blown Away!"
      INDIAN FD is fine my feedback for them is it is really nice and the bank next to my place . This is my first account so I have opened this FD and I am holding this FD for a period of 8 to 9 months. The interest rate offered by them is the best in the market and I have got this FD certificate on time.
      Was this review helpful? 5
      , madurai
      Reviewed on Sep 25, 2015
    • Indian Bank Fixed Deposit
      "Need to be categorized.."
      0.5 3.0/5 "Satisfactory"
      Indian bank is a nationalized bank and easy to access but visiting the branch is very difficult as their services are not systematic. If we go the branch we need to stand in a queue to get things done. Also the net banking is not categorized. For my Fixed Deposit the rate of interest is 8.65% and it is of simple rate.
      Was this review helpful? 2
      , hosur
      Reviewed on Aug 27, 2015
    • Indian Bank Fixed Deposit
      "They know how to take care of their customers"
      0.5 4.0/5 "Great!"
      I have a fixed deposit account with Indian Bank. The services has been good for this. They know how to take care of their customers. They offer a good rate of interest. It is of 8.5%. If I withdraw my money before the maturity term, they would not charge any penalty fee. I have this account for the last seven month with them. They know how to take care of their customers.
      Was this review helpful? 3
      , bhubaneshwar
      Reviewed on Jul 25, 2015
    • Indian Bank Fixed Deposit
      "Good"
      0.5 5.0/5 "Blown Away!"
      Interest rate offered for the Fixed deposit plan is 8.5% from Indian bank in which the minimum lock in period is one year. In case the tenure is increase then the interest rate will be reduced. In case if we break the rd in between the tenure there will be no extra charges. We will receive a message once the plan is been matured.In case we want to renewal the plan we have to visit the bank. The minimum amount is Rs.5000 to start the FD plan.
      Was this review helpful? 2
      , new delhi
      Reviewed on Jul 24, 2015
    • Indian Bank Fixed Deposit
      "Indian Bank Fixed Deposit"
      0.5 1.5/5 "Bad"
      I did the fixed deposit manually at Indian Bank Sukrawarpet Coimbatore branch. Being a Government bank the customer service is pathetic. The interest rate is reduced from 8.75 to 8.5. To save the tax provide the PAN card number. The procedure to apply the fixed deposit manually is simple. Go to the branch, get the fixed deposit form. Fill the form. Handover to the bank employee. The money will be deducted from your bank account. After the money is deducted, the bank employee will handover a fixed deposit certificate to you. After the maturity, go back to the bank with the fixed deposit certificate, to get back the cash. The cash will be deposited in your bank account.
      Was this review helpful? 13
      , coimbatore
      Reviewed on Jun 05, 2015
    • Indian Bank Fixed Deposit
      "Fabulous"
      0.5 5.0/5 "Blown Away!"
      Indian Bank Fixed deposit service is very good. I hold an account with Indian Bank. I have visited the Branch for opening an account with them and it took about 30 minutes of time to open this account. Any time when ever I want I can break it. I have got the FD Deposit certificate as well.
      Was this review helpful? 6
      , chennai
      Reviewed on May 18, 2015
    • Indian Bank Fixed Deposit
      "Interest on fixed deposit"
      0.5 3.5/5 "Pretty good"
      I have a saving account with Indian bank where I keep opening short term fixed deposits as it provides a very attractive interest rate even on short term deposit, for eg on a short term deposit of 6months it gives interest at the rate of 8.5% , for 3 months it gives an interest rate of 8%.
      Was this review helpful? 4
      , mumbai
      Reviewed on Dec 04, 2014
    • Indian Bank Fixed Deposit
      "Quite good!!!!!!!!!"
      0.5 2.5/5 "Just OK"
      I am having fixed deposit with Indian bank wherein I am investing small amount monthly . I am getting interest rates as profit. It was good to have public sector with us in future. Overall I am very much satisfied by the service
      Was this review helpful? 5
      , delhi
      Reviewed on Sep 23, 2014
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