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    Indian Bank NRE / NRO / NRI / FCNR FD Rates

    Indian Bank was established in 1907 as part of the then Swadeshi movement. The business of Indian Bank crossed Rs.3,00,436 crores as on June 2015. Indian Bank offers a wide range of products and services across various segments such as agriculture, SME, education and NRI services among many others.

    Indian Bank Fixed deposit for NRIs

    Indian Bank offers NRE and FCNR deposit schemes at attractive interest rates. Indian Bank charges 7.25% and 7% as interest for deposits under Rs.1 crore and Rs.5 crore

    respectively.

    Indian Bank NRE Deposit Interest Rates

    (with effect from October, 2015)

    The following table shows the interest rates*charged on NRE deposits by Indian Bank

    Tenure Less than Rs.1 crore Rs.1 crore to Rs.5 crore
    Above 1 year but under 3 years 7.25% 6.75%
    3 years and above 7.00% 6.50%

    *Rates are subject to change from time to time

    Indian Bank FCNR Deposit Interest Rates

    (with effect from December 2015)

    The following table shows the interest rates charged on FCNR deposits by Indian Bank

    TenureUSD %GBP %EUR %JPY %CAD %AUD %CHF %
    Above 1 year but under 2 years2.361.350.771.052.152.720.36
    2 years but under 3 years2.51.520.841.062.082.770.38
    3 years but below 4 years2.71.630.981.112.232.910.51
    4 years but below 5 years2.821.711.091.132.323.160.6
    5 years only2.891.791.211.152.43.270.7

    *Rates are subject to change from time to time

    Updated on 04 Jan ‘16

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