look news india
Indian Bank Savings Scheme: Public sector Indian Bank is offering higher interest rates on FD to its customers. FDs can be provided in Indian Bank for a period of 7 days to 10 years. According to the information received from the website of Indian Bank, the revised interest rates on FD have come into force from 1 August.
Now this government bank is paying interest from 2.80% to 7.45% on FD. Today we are going to tell you about the best FD scheme of Indian Bank. You can get a fixed income of Rs 14,663 by depositing Rs 1 lakh in this bank. See the complete information about this here…
6.90 percent interest on 2 year old FD
Indian Bank is offering a minimum of 2.80 percent on 7-day FD on 444 days special FD scheme (Ind Secure Products), and maximum 6.70 percent interest rate, 7.20 percent for senior citizens and 7.45 percent interest rate for high senior citizens (people above 80 years of age). This bank-owned bank is offering 6.40 percent interest rate for ordinary citizens on 2-year-old FD and 6.90 percent for senior citizens.
Fixed interest up to Rs 14,663
If you deposit Rs 1,00,000 in a 2 -year FD scheme in Indian Bank, a general citizen will get a total of Rs 1,13,540 on maturity. This amount also includes a fixed interest of Rs 13,540. Similarly, if you are a senior citizen and deposit 1 lakh rupees in 2 -year FD in Indian Bank, then you will get a total of Rs 1,14,663 at a maturity at an interest rate of 6.9 percent, including a fixed interest of Rs 14,663. Under the FD scheme, customers are guaranteed a certain interest after a certain period.
