Indian Bank’s special fixed deposits (FDs) will remain available only till November 30, 2024. The bank is offering two special FD products—‘Ind Supreme Product’ for 300 days and ‘Ind Super Product’ for 400 days. The highest rate of interest on these FDs is 8.05 per cent, making them a lucrative option for depositors.

Previously extended from September 30 to November 30, there is no confirmation at the time of writing this article regarding any further extension of these schemes.

IND SUPREME 300 DAYS: This special FD tenure is of 300 days. It offers a deposit rate of 7.55 per cent and 7.80 per cent for senior citizens and super senior citizens, respectively. The minimum amount for this FD is Rs 5,000, and the maximum amount is less than Rs 3 crore.

The deposit rate is as follows.

• General Public - 7.05 per cent

• Senior Citizen - 7.55 per cent

• Super Senior Citizen - 7.80 per cent

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IND SUPER 400 DAYS: One can book this FD for 400 days for a minimum of Rs 10,000 and up to a maximum of less than Rs 3 crore. It offers senior citizens 7.80 per cent and super senior citizens a maximum deposit rate of 8.05 per cent.

The deposit rate is as follows.

• General Public – 7.30 per cent

• Senior Citizen - 7.80 per cent

• Super Senior Citizen - 8.05 per cent

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Here are the rate of interest on other FDs available to the general public:

• 2.80 per cent for 7-14 days

• 2.80 per cent for 15-29 days

• 3.00 per cent for 30-45 days

• 3.25 per cent for 46-90 days

• 3.50 per cent for 91-120 days

• 3.85 per cent for 121-180 days

• 4.50 per cent for 181 days to less than nine months

• 4.75 per cent for nine months to less than one year other than 300 Days.

• 6.10 per cent for one year

• 7.10 per cent for above one year to less than two years other than 400 days

• 6.70 per cent for two years to less than three years

• 6.25 per cent for three years to less than five years

• 6.25 per cent for five year

• 6.10 per cent for above five years.

The bank is offering an additional 0.50 per cent to senior citizens over these card rates on all FD tenures starting from 15 days to 10 years. These rates were last revised on June 12, 2024, and are valid for callable FDs of less than Rs 3 crore.