• Source:JND

Indian Bank Special FD:  Indian Bank is offering special FD plans to its customers. This contains FDs for 300 and 400 days. According to the Indian Bank's official website, one can invest in the Ind Super 400 and Ind Supreme 300 days FD schemes on and before 30 June 2024. Investors can earn up to 8 percent return on their investment in this special FD scheme.  

Ind Super 400 days FD scheme

This special FD is callable, which means that you have the option to withdraw money before maturity. Indian Bank's Ind Super FD is an FD scheme for 400 days. You can invest from Rs 10,000 to Rs 2 crore. Common people will get 7.25 percent interest on investment, while senior citizens will get 7.75 percent, and super senior citizens will get 8.00 percent.

Also read: Stock Market: Domestic Indices Continue Recovery; Sensex, Nifty Surge Over 1% In Early Hours

Ind Super 300 days

According to the Indian Bank website, the special term deposit product Ind Super 300 days was launched on 1 July 2023. Investment can be made from Rs 5000 to less than 2 crore on this FD for 300 days. The bank is offering an interest of 7.05 percent to 7.80 percent on deposits under the special FD scheme. Bank is offering, 7.05 percent to the general public, 7.55 percent to senior citizens, and 7.80 percent to super senior citizens.

Indian Bank Interest Rates on Fixed Deposits

For a year - 6.10%
For 2 years - 6.70%
For 3 years - 6.25%
For 4 years - 6.25%
For 5 years - 6.25%
Highest Interest Rate -7.25% (For 400 days)

Also read: Nvidia Surpasses Apple To Become World's Second Most Valuable Company