Bank FD Scheme: Public sector Indian Bank is offering two special fixed deposit schemes to customers. Customers can avail these benefits till 30 November 2024. After this the FD scheme will be closed. The names of these schemes are Ind Supreme and Ind Super FD Scheme.
The tenure of Ind Supreme Scheme is 300 days. Common citizens get 7.05% return on this. At the same time, the bank is offering 7.30% interest on 400 day Ind Super FD scheme. For information, let us tell you that this government bank is giving 2.80% to 7.10% interest on normal FD. The interest rates are effective from May 12, 2024.
How much return is available on special FD? (Indian Bank FD)
Common citizens are getting 7.05% interest annually on the 300 day Ind Supreme FD Scheme. The interest rate for senior citizens is 7.55% and for super senior citizens is 7.80%. On the 400 day Ind Super FD scheme, senior citizens are getting 7.80% interest and super senior citizens are getting 8.05% interest. Customers can invest from Rs 5 thousand to less than Rs 3 crore in Ind Supreme. At the same time, a minimum investment of less than Rs 10 thousand and maximum Rs 3 crore can be made in Ind Super.
Interest Rates as per Tenure (Fixed Deposit)
- 7 to 14 days- 2.80%
- 15 to 29 days- 2.80%
- 30 to 45 days- 3%
- 46 to 90 days- 3.25%
- 91 to 120 days – 3.5%
- 121 to 180 days – 3.85%
- 181 days to less than 9 months – 4.50%
- 9 months to less than 1 year – 4.75%
- 300 days (in Supreme product) – 7.05%
- 1 year- 6.10%
- 400 days (in super product) – 7.30%
- More than 1 year and less than 2 years – 7.10%
- 2 years to less than 3 years – 6.70%
- 3 years to less than 5 years – 6.25%
- 5 years- 6.25%
- More than 5 years- 6.10%