Special FD offering 8.05% interest to end on November 30, 2024: Last chance to book fixed deposit at high rate Indian Bank offers fixed deposit interest rates between 2.80% to 7.10% (without special FDs) on tenures ranging from 7 days to 10 years for general citizens
The Indian Bank’s special fixed deposit offering high interest rates of 8.05% will end on November 30, 2024, according to the bank’s website. Investors have a few days left to earn high interest rates on special FDs offered by the Indian Bank. Indian Bank offers fixed deposit interest rates between 2.80% to 7.10% (without special FDs) on tenures ranging from 7 days to 10 years for general citizens.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} Bank holidays in December, 2024: Banks to be closed for 17 days cumulatively: check state-wise list
IND SUPREME 300 DAYS
According to the Indian Bank’s website, “Special Retail Term Deposit Product “IND SUPREME 300 DAYS” offering attractive rate of interest for investment starting from Rs.5000 to less than * Rs 3 Crore for 300 days in the form of FD/MMD with callable options.”
Public 7.05%Senior Citizen 7.55%Super Senior Citizen7.80%
IND SUPER 400 DAYS
According to the Indian Bank’s website, “Special Retail Term Deposit Product “IND SUPER 400 DAYS”, 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.”
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ND SUPER 400 DAYS -Rate of Interest (% p.a) Rate of Interest (% p.a) w.e.f 03.10.2024Public 7.30%Senior Citizen 7.80%Super Senior Citizen8.05%
Latest Indian Bank FD interest rates
Period / Tenor of DepositLess than Rs.3 crore Revised Rate (% per annum ) 7 days to 14 days2.815 days to 29 days2.830 days to 45 days346 days to 90 days3.2591 days to 120 days3.5121 days to 180 days3.85181 days to less than 9 months4.59 months to less than 1 year other than 300 Days.4.75300 days (Ind Supreme Product) 7.05**Valid up to 30.11.20241 year6.1400 days (Ind Super Product) 7.30**W.e.f 03.10.2024 and valid up to 30.11.2024Above 1 year to less than 2 years other than 400 days 7.12 years to less than 3 years6.73 years to less than 5 years6.255 year6.25Above 5 years6.1
Source: Bank website
Senior citizens
As per the bank’s website, “Senior Citizen Accounts: For Domestic Term Deposit for Senior Citizens, additional rate of interest payable would be 0.50% p.a. for amount up to ?10 crore. The additional rate would be offered on deposits of 15 days to 10 years over the card rate in respect of Short Term Deposits, Fixed Deposits and Money Multiplier Deposit Schemes.”
Special offer for Senior Citizens (Aged 60 years & above).
“An additional 0.25% higher rate of interest over & above the additional rate that is presently being offered for normal Senior Citizen on Term Deposit (0.50+0.25 = 0.75) for deposit bucket “above 5 Years up to 10 Years”.
What is the last date to invest in Indian Bank special FDs
The last date to avail higher interest rate on special fixed deposits is November 30, 2024, according to the bank website.
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This story originally appeared on: India Times - Author:Faqs of Insurances
