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Home FINANCE Indian Bank extended tenure of special FD, can invest till August 30

Indian Bank extended tenure of special FD, can invest till August 30

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Indian Bank has increased the tenure of its special FD “Ind Super 400 Days”. According to the bank’s website, the bank has also introduced a new tenure of 300 days. Indian Bank is providing interest rate between 2.80% to 6.70% for tenure ranging from 7 days to 10 years. Let us tell you that this special FD has been launched by the bank.

Ind super 400 days scheme

According to the bank’s website, the special retail fixed deposit product “Ind Super 400 Days” was launched on March 6, 2023. Under this FD, all the customers are getting the highest returns on investments ranging from Rs 10,000 to less than Rs 2 crore. This scheme has now been extended by the bank till 30 August 2023. Indian Bank is now giving 7.25 percent interest to the general public, 7.75 percent to senior citizens and 8 percent to super senior citizens.

Ind Supreme 300 Days Scheme

The bank has launched the “Ind Supreme 300 Days” scheme on July 1, 2023, under the Special Retail Fixed Deposit product, which is offering the highest return on investment of Rs 5000 to less than Rs 2 crore for 300 days FD. This special FD will continue till 31 August 2023. Indian Bank is now giving 7.05 per cent interest to the general public, 7.55 per cent to senior citizens and 7.80 per cent to super senior citizens.

How much interest is being received on FD

  1. The bank is paying 2.8 percent interest on FDs of 7 days to 29 days.
  2. 30 days to 45 days is giving 3% return to investors on FD.
  3. Investors are getting 3.25 percent interest from the bank on FDs of 46 days to 90 days.
  4. The bank is giving a return of 3.5% on FDs of 91 days to 120 days.
  5. The bank is giving a return of 3.85 per cent to investors on FDs of 121 days to 180 days.
  6. The bank is giving a return of 4.5 per cent to investors on FDs of 181 days to less than 9 months.
  7. Is giving 4.75% return on FDs of 9 months to less than 1 year.
  8. The bank is giving 6.1 per cent return to investors on 1 year FD.
  9. The bank is giving 6.3 per cent return to investors on FDs of more than 1 year to less than 2 years.
  10. The bank is giving a return of 6.7 per cent to people on FDs of 2 years to less than 3 years, which was a return of 6.5 per cent before a date.
  11. The bank is giving 6.25 per cent return to investors on FDs of 3 years to less than 5 years.
  12. Investors are getting 6.25 per cent tax return on FDs of 5 years and 6.1 per cent on FDs above 5 years.
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