Indian bank: Indian Bank has launched two new fixed deposits (FD) schemes for its customers. Both the schemes of Indian Bank have been named Ind Secure and IND Green. At the same time, IND Super Days and IND SUPREME 300 Days schemes have been closed since 8 May 2025.
New FD Scheme
It is a retail term deposit scheme with a maturity period 444 days. It can be invested from Rs 1,000 to Rs 3 crore.
Interest rates
Common citizens: 7.15% annually
Senior Citizen: 7.65% annually
Super Senior Citizen: 7.90% annually
The scheme comes with a 555 -day maturity period. It also has investment facility from Rs 1,000 to Rs 3 crore.
Interest rates
Common citizen: 6.80% annually
Senior Citizen: 7.30% annually
Super Senior Citizen: 7.55% annually
Both schemes will be available by 30 September 2025, the bank has given information on its website.
Closed plans
They have been closed since 8 May 2025.
Changed FD interest rates (Applicable to investment less than Rs 3 crore)
Indian Bank also made changes in general FD interest rates
444 days: 7.15% (Ind Secure)
555 days: 6.80% (Ind Green)
Less than 1 year less than 2 years: 7.10%
Over 5 years: 6.10%
A minimum of 2.80% interest rate on FD of small periods like 7–14 days remains.
After RBI recent repo rate cuts, many banks are making changes in their FD schemes and interest rates. Indian Bank’s new schemes can be beneficial for investors who want to invest in fixed returns.
Property: Keep these 6 things in mind while buying a house, otherwise Rera will not be able to help