YOU ARE HERE » MONEYCONTROL » FIXED INCOME » BANK DEPOSITS

Indian Bank

Fixed Deposit Rates

All

You are requested to reconfirm the rates from the respective banks before making any financial commitments.

a) For domestic deposits - Less than Rs. 15 lakh (last revised on Sep 23, 2011)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

  
7 days to 14 days (for single deposit of Rs.1 lakh and above) Less than Rs. 15 lakh

6.25

7.00

 Calculate
15 days to 29 days Less than Rs. 15 lakh

6.25

7.00

 Calculate
30 days to 45 days Less than Rs. 15 lakh

6.25

7.00

 Calculate
46 days to 90 days Less than Rs. 15 lakh

6.25

7.00

 Calculate
91 days to 120 days Less than Rs. 15 lakh

7.00

7.75

 Calculate
121 days to 180 days Less than Rs. 15 lakh

7.50

8.25

 Calculate
181 days to less than 9 months Less than Rs. 15 lakh

7.75

8.50

 Calculate
9 months to less than 1 year Less than Rs. 15 lakh

9.25

10.00

 Calculate
1 year to less than 3 years Less than Rs. 15 lakh

9.50

10.25

 Calculate
3 years and above Less than Rs. 15 lakh

9.00

9.75

 Calculate

b) For domestic deposits - Rs. 15 lakh to less than Rs. 5 cr (last revised on Sep 23, 2011)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

  
7 days to 14 days Rs. 15 lakh to less than Rs. 5 cr

6.25

7.00

 Calculate
15 days to 29 days Rs. 15 lakh to less than Rs. 5 cr

6.25

7.00

 Calculate
30 days to 45 days Rs. 15 lakh to less than Rs. 5 cr

6.25

7.00

 Calculate
46 days to 90 days Rs. 15 lakh to less than Rs. 5 cr

6.25

7.00

 Calculate
91 days to 120 days Rs. 15 lakh to less than Rs. 5 cr

7.00

7.75

 Calculate
121 days to 180 days Rs. 15 lakh to less than Rs. 5 cr

7.50

8.25

 Calculate
181 days to less than 9 months Rs. 15 lakh to less than Rs. 5 cr

7.75

8.50

 Calculate
9 months to less than 1 year Rs. 15 lakh to less than Rs. 5 cr

9.25

10.00

 Calculate
1 year to less than 3 years Rs. 15 lakh to less than Rs. 5 cr

9.25

10.00

 Calculate
3 years and above Rs. 15 lakh to less than Rs. 5 cr

9.00

9.75

 Calculate

Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

  
IB Tax Saver schemes - 5 Years Upto Rs. 1 lakh

9.00

9.75

 Calculate

Tax Implications:

  • The amount invested in fixed deposits with a maturity period of 5 years in a Scheduled bank is eligible for tax deduction under section 80C. However, the interest earned on the deposit is taxable.
  • Tax will be deducted at the source, if the interest income on a fixed deposit per annum exceeds Rs.10000

a) For NRE Fixed Deposit - Less than Rs. 15 lakh (last revised on Dec 28, 2011)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
1 year and above but less than 2 years Less than Rs. 15 lakh 9.50 Calculate
2 years and above but less than 3 years Less than Rs. 15 lakh 9.50 Calculate
3 years and above and upto 5 years Less than Rs. 15 lakh 9.00 Calculate
Expert Advice

Jitendra Solanki

How the changes in Small Savings Schemes benefits investors

Before investing in Small Savings Schemes it is very importa...

more »

Highest Rates by Bank FDs

Abhyudaya Co-operative Bank

10.50%

Kapole Co-operative Bank

10.50%

more »

Best FD rates for Senior Citizens

Abhyudaya Co-operative Bank

11.00%

Dhanalakshmi Bank

10.60%

more »

Highest Rates by Company FDs

Ansal Properties & Infrastructure Ltd.

12.00%

Helios & Matheson

12.00%

more »

Fixed Deposit Calculator

Find out how much interest you can earn on a Fixed Deposit (FD) and the value of your invesment on maturity.

Listed Bonds

National Highways Authority of India

1,044.02 0.11%

National Highways Authority of India

1,057.61 0.18%

more »

Best Rates by Small Saving Schemes

National Savings Certificate IX (NSC) (10 yrs)

8.90%

Public Provident Fund (PPF)

8.80%

more »

Follow moneycontrol.com

Facebook Twitter Google Plus RSS Wap SMS SMS Alert iPad iPhone Blackberry OVI Android Window