Public sector bank Indian Bank has extended the last date to invest in its two special duration schemes of 300 days and 400 days to November 30, 2024.
These fixed deposit plans – 300 days (Ind Supreme Product) and 400 days (Ind Super Product) – fetch 7.05% and 7.30% interest rates, respectively.
Ind Supreme 300 Days
Under the special FD plan, the bank is offering general subscribers 7.05%, senior citizens 7.55% and super senior citizens 7.80%.
Special retail term deposit product ‘Ind Supreme 300 Days’ is offering an attractive rate of interest for investment starting from Rs 5,000 to less than Rs 3 crore for 300 days in the form of FD/MMD with callable options, the bank said.
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Ind Super 400 Days
This special FD offers an interest rate of 7.3% to general customers, 7.8% to senior citizens and 8.05% to super senior citizens.
Special retail term deposit product ‘Ind Super 400 Days’ is offering higher rate of interest for investment starting from Rs 10000 to less than Rs 3 crore for 400 days in the form of FD/MMD with callable options, Indian Bank said.
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Indian Bank FD plans
The bank offers fixed deposit plans with tenure ranging from 7 days to more than 5 years. Here is a table showing various FD plans and the rates offered to general customers by the bank. Senior citizens are offered 0.50% extra over the rates offered to general citizens. The bank offers super-senior citizens an additional 0.25% over the rates being announced for senior citizens.
