Is Indian Bank safe for an FD?

Yes, Indian Bank is safe as fixed deposits are DICGC insured up to 5 lakhs.

Who all are eligible for Indian Bank Tax Saver fixed deposit?

Indian residents above 18 years of age, HUFs and minors are eligible for indian bank tax-saver fixed deposit.

What is the maximum limit of FD in India?

There is no maximum limit of FD in India, but there is a minimum limit, i.e. 1000.

Which bank is best for an FD for 1 year?

Suryodaya Bank is offering a 7.90% interest rate on fixed deposits for a 1-year tenure.

Is there a penalty for premature withdrawal?

Yes, there is a penalty involved for a premature withdrawal.

What is the current highest FD rate at Indian Bank?

Indian bank offer 6.70% at 444 FD which is the highest FD interest rate.

What is the minimum & maximum tenure for an Indian Bank Fixed Deposit account?

The minimum tenure for an Indian bank fixed deposit account is 7 days and maximum is 10 years.

Does Indian Bank offer higher FD interest rates for senior citizens?

Yes, Indian bank offer an additional 0.50% FD interest rate to senior citizens.

Does Indian Bank provide a Sweep-in/ Sweep-out FD facility?

Yes, Indian Bank provides Sweep-in and Sweep-out facility.

Indian Bank FD Interest Rates 2026 | Latest Indian Bank FD Rates

Name: Indian Bank FD Interest Rates 2026
Brand: Interest Rates
Rating: 4.6 (11066 reviews)

Indian Bank FD interest rates offer secure and stable returns across tenures, making them a reliable investment option for every type of saver. Indian Bank provides FD rates of up to 6.45% p.a., along with special schemes like IND Secure, IND Green, and IND Supreme 2.0 for higher returns. Continue reading to check the latest Indian Bank FD rates, special FD schemes, eligibility, benefits, premature withdrawal rules, and how these rates compare with other leading banks in India.

ALSO READ: Check Indian Bank Tax-Saver Fixed Deposit

Term Wise Indian Bank Fixed Deposit Rates

Indian Bank offers competitive FD interest rates across various tenures, allowing investors to choose periods that best suit their financial goals. Here’s a clear breakdown of how your returns can vary depending on your investment horizon:

Short-Term Deposits (7 days to less than 1 year):

If you are looking for a short-term option to park your funds, Indian Bank fd interest rates ranges from 2.80% to 6.10% per annum. For instance, a deposit for 7 to 14 days earns 2.80%, while a slightly longer tenure of of 1 year can fetch up to 6.10% and special deposit scheme "Ind Supreme 2.o" offers 6.30% interest.

Medium-Term Deposits (1 year to less than 3 years):

For investors seeking a balance between stability and returns, Indian Bank provides attractive mid-term FD options. A 1-year FD offers 6.10%, while the special “Ind Secure (444 days)” and “Ind Green (555 days)” schemes fetch 6.45% and 6.40% respectively. Regular tenures between 1 to 3 years earn between 6.30% and 6.40%.

Long-Term Deposits (3 years and above):

For those planning long-term wealth creation through FDs, Indian Bank offers steady returns of up to 6.05% for deposits between 3 to 5 years, and 6.00% for 5 years and above.

Whether you’re saving for short-term goals or looking for stable long-term growth, Indian Bank’s wide range of FD tenures ensures that you can invest confidently and earn consistent, secure returns.

Indian Bank Fixed Deposit Schemes

Indian Bank Special FD Interest Rates

Indian Bank has two special fixed deposit schemes .We have listed both of them with their latest interest rates-

IND SECURE

IND Secure is an Indian Bank FD scheme which offers a Retail Term Deposit Product “IND SECURE ” which came into effect on May 8, 2025. Minimum investment amount required to open this account is from Rs 1000 to less than 3 Crore in the form of FD for a maturity tenor of 444 days. The validity period of the special FD scheme is April 4, 2026. The bank can extend or withdraw this scheme anytime in the future.

IND SUPREME 2.0

Indian bank introduced new retail term deposit scheme i.e. IND Supreme scheme which came into effect from Feb 4, 2026. This scheme requires a minimum deposit of Rs. 1000 to less than 3 crore available for tenor of 300 days. The validity period of this scheme is February 28, 2026.

IND GREEN

Indian Bank has another Retail Term Deposit Product “IND GREEN ” which came into effect on March 26, 2025. It is especially designed for promoting sustainable development with guaranteed returns. Minimum investment amount for this scheme is Rs 1000 to less than 3 Crore for a maturity tenor of 555 days in the form of FD.

Depositors	IND Secure	IND Green	IND Supreme 2.o
Public	6.45%	6.30%	6.30%
Senior Citizens	6.95%	6.80%	6.80%
Super Senior Citizens	7.20%	7.50%	7.05%

Other Deposit Schemes

IB Tax-Saver Scheme

This FD scheme is specially designed for investors looking to save tax under Section 80C of the Income Tax Act.

Key Features:

Lock-in period of 5 years
Minimum deposit is ₹1,000 (in multiples of ₹100) and maximum ₹1.5 lakh
Interest payout at quarterly, monthly (at a discount), or on maturity
Senior citizens get an additional 0.50% interest
Nomination facility available
Premature withdrawal is not allowed

IB Golden Ager Scheme

A special term deposit launched for Super Senior Citizens (80 years and above). Here are some of the features of this scheme-

Key Features:

Minimum deposit required is ₹1,000 and maximum ₹10 crore
It is a Self-operated account (no joint holding)
Nomination is mandatory
Higher interest benefit with 0.75% extra up to 5 years and 1.00% extra above 5 years
Loan/OD facility up to 90% of deposit
Premature withdrawal allowed with applicable penalties
Auto-rollover facility available

IND Non-Callable Deposit

IND Non-Callable Deposit is meant for high-value investors who can lock in funds for higher stability, as premature withdrawal is not allowed.

Key Features:

Minimum deposit required is ₹3 crore and above
Interest payout is allowed for monthly, quarterly, or on maturity
No premature closure, except in exceptional cases (death, court orders, etc.)
Auto-renewal into callable bulk deposits on maturity
Loan/overdraft facility subject to bank discretion

Interest Rates for Term Deposits (Rs 3 Cr – Rs 5 Cr)

The table given below shows the indian bank fd interest rates for deposits above 3 crore and below 5 crore-

Period	FD rates % per annum
Period	Callable	Non-callable
7 days to 14 days	5.00	5.00
15 days to 29 days	5.00	5.00
30 days to 45 days	5.00	5.00
46 days to 90 days	5.50	5.55
91 days to 120 days	5.50	5.55
121 days to 180 days	5.50	5.55
181 days to less than 9 months	5.50	5.55
9 months to less than 1 year	5.75	5.80
1 year	6.00	6.05
Above 1 year to less than 2 years	6.00	6.05
2 years to less than 3 years	5.50	5.50
3 years to less than 5 years	5.50	5.50
5 year	5.50	5.50
Above 5 years	5.50	5.50

Benefits of Indian Bank Fixed Deposit Rates

Assured and Stable Returns: Indian Bank FDs offer guaranteed returns, ensuring your investment grows steadily without being affected by market fluctuations.

Attractive Interest Rates: With FD rates ranging up to 6.45% per annum, Indian Bank provides competitive returns across various tenures, making it a strong choice for both short- and long-term investors.

Safe and Reliable Investment: Being a government-owned bank, Indian Bank offers a high level of trust and security, ensuring your deposits remain completely safe.

Flexible Tenure Options: You can choose from a wide range of tenures from 7 days to over 5 years depending on your financial goals and liquidity needs.

Ideal for All Investors: Whether you are a resident, senior citizen, NRI, or part of a business entity, Indian Bank’s FD schemes cater to diverse investor profiles with reliable returns and flexible options.

Eligibility to Avail Indian Bank Fixed Deposit Rates

Any individual resident can open a fixed deposit account

Any resident, non-resident can open this FD.
HUFs, partnership firms, ltd companies, etc can open an FD
Individuals aged 60 years or above are eligible to open special senior citizen FDs with higher interest rates.
Minors can open an FD account under the guardianship of a parent or legal guardian.

Documents Required to Avail Indian Bank Fixed Deposit Rates

You must have required documents ready for opening. Some of the documents required are mentioned below-

Identity proof including Aadhaar card, PAN Card, etc.
Address proof including electricity bill, passport, bank statement, etc.
Filled KYC form
Two passport-sized photograph

Premature Withdrawal of Indian Bank Fixed Deposit

A premature withdrawal of an Indian Bank Fixed Deposit can be made before the agreed maturity date, except in the case of tax-saving FDs, which are not eligible for early withdrawal. Deposits below ₹5 lakhs with a tenure of 181 days or more can be withdrawn without any penalty.

However, if the deposit amount exceeds ₹5 lakhs and is withdrawn before completing 181 days, a penalty of 1% is applicable on the interest rate. The final amount payable will thus be calculated after deducting this penalty, depending on the tenure and amount of the deposit.

Tax on Indian Bank Fixed Deposit Interest

TDS on Indian Bank Fixed Deposit interest rate applies as per the provisions of the Income Tax Act, 1961. If the total interest earned from Indian Bank FDs exceeds ₹50,000 in a financial year (₹1,00,00 for senior citizens), a 10% TDS will be deducted from the accrued interest.

In case PAN details are not provided, TDS will be levied at 20%. Investors can claim tax exemption by submitting Form 15G or Form 15H (for senior citizens) if their total annual income falls below the taxable limit. Additionally, deposits made under the Indian Bank Tax Saver FD Scheme are eligible for deductions of up to ₹1,50,000 per annum under Section 80C of the Income Tax

ALSO READ: Check Indian Bank Net Banking

Indian Bank Overdraft Against Fixed Deposits

You can avail an overdraft facility against your Fixed Deposit with Indian Bank, subject to certain conditions. The overdraft can be availed after a minimum of 3 months from the date of opening the deposit. Indian Bank allows you to borrow up to 90% of the FD amount as an advance. The interest rate applicable on the overdraft is 1% higher than the contracted FD interest rate. This facility provides easy liquidity without the need to break your Fixed Deposit before maturity.

How to Open a Indian Bank Fixed Deposit?

Here is how to open a fixed deposit account online and offline to avail higher FD interest rates in Indian Bank -

Online-

Visit Indian bank Netbanking
Login to the netbanking account
Click on term deposit and then proceed
Enter all the required details
Select the amount and tenure of the FD
Enter the OTP received
Once verified, the account will be opened.

Offline-

Visit the nearest Indian bank branch
Ask for the bank account opening form
Fill out the form with required details
Submit it to the bank representative

Compare Indian Bank FD Interest Rates with Other Banks

The table below compares Indian Bank FD rates with other banks fixed deposit rates-

Tenure	Indian Bank	HDFC Bank	ICICI Bank	SBI	Axis Bank	Kotak Mahindra Bank
1 year	6.10%-6.60%	6.25% - 6.75%	6.25% - 6.75%	6.25% - 6.75%	6.25% - 6.75%	6.25% - 6.75%
2 years	6.15%- 6.65%	6.45% - 6.95%	6.25% - 6.75%	6.40% - 6.90%	6.60% - 7.10%	6.40% - 6.90%
3 years	6.05%-6.55%	6.40% - 6.90%	6.60% - 7.20%	6.30% - 6.80%	6.60% - 7.10%	6.40% - 6.90%
4 years	6.05%-6.55%	6.40% - 6.90%	6.60% - 7.20%	6.30% - 6.80%	6.60% - 7.10%	6.40% - 6.90%
5 years	6.00%-6.50%	6.15% - 6.65%	6.60% - 7.10%	6.05% - 7.05%	6.60% - 7.35%	6.25% - 6.75%

Indian Bank FD Interest Calculator

Calculate your Indian Bank fixed deposit returns using the Indian bank FD Calculator given below:

Why Should You Book an FD with Stable Money?

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While Indian bank FDs are not listed on our platform, you can still choose from a wide range of banks and NBFCs to enjoy returns of up to 8.15% p.a., making Stable Money the smart choice for effortless and high-yield FD investing.

Conclusion

Indian Bank fixed deposits offer risk-free returns on your savings with competitive interest rates for different tenures. Two new FD schemes were recently launched, as discussed above: IND SECURE and IND GREEN. These are good investment options for any type of investor, and you can choose which fits your investment goals. Whether planning for short-term or long-term investment. Indian Bank offers FDs backed with DICGC insurance up to 5 lakh. So, choose wisely as per your goals. You can use the Stable Money app to compare different FDs at one platform.

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