Indian Bank FD Rates 

Indian Bank FD Interest Rates (Below ₹3 Crore)

The highest FD interest rate offered by Indian Bank is 6.60% p.a. for general customers and 7.10% p.a. for senior citizens on the tenure of Ind Prosper (777 Days), effective from 04th August 2026 (last verified in September 2026):

Indian Bank FD rates w.e.f. 4th August 2026, as per the IRDAI Regulations 2024

Indian Bank Special Tenures & High Returns Schemes

Key Details of Indian Bank FD Rates

• Senior Citizens: Generally get an additional 0.50% p.a. over regular rates, and super senior citizens get 0.75% p.a.
• Minimum Deposit: ₹1,000
• Loan Against FD: Indian Bank loan against FD is available up to 90% of the deposit
• Interest Payouts: Paid quarterly by default, or monthly at a discounted rate
• Premature Withdrawal: Allowed for Indian Bank FD, with certain penalties. (except for tax-saver options).

How are Indian Bank Fixed Deposit Rates Decided?

Several factors can influence the FD rates of banks in India. Some of the specific factors that influence Indian Bank to change their FD rates are as follows:

• RBI Repo Rate: When the central bank raises its borrowing rate, Indian Bank offers higher FD interest rates to attract your deposits instead. When the RBI cuts rates, FD yields fall.
• Inflation: High inflation leads to higher FD rates so your savings don't lose purchasing power.
• Bank Competition: Indian Bank raises its FD rates to match rivals like SBI and Bank of Baroda so customers don't move their money away.

In short: FD rates go up when the central bank hikes rates, inflation is high, or competing banks offer better deals. 

Indian Bank FD Rates for Deposits Above ₹3 Crore (Callable and Non- Callable)

The highest Indian Bank FD rates for deposits above ₹3 Crore is on the tenure of 1 year to less than 2 years which goes up to 6.00% p.a. for callable and 6.05% p.a. for non-callable deposits, effective from 1st April 2026 (last verified in Septemebr 2026):

*The above rates are for Callable and Non-callable FDs of Indian Bank w.e.f. 02nd September 2026 as per the IRDAI Regulations 2024*

Interest Rates for Indian Bank Tax-Saving FD

Indian Bank Tax-Saving Fixed Deposit (IB Tax Saver) offers an interest rate of 6.00% p.a. for general citizens, 6.50% p.a. for senior citizens (60+ years). It comes with a mandatory 5-year lock-in period with no premature withdrawal option. It allows individual depositors to claim tax deductions up to ₹1.5 lakh per financial year under Section 123 (previously Section 80C; available only if you opt for the old tax regime) of the Income Tax Act.

Indian Bank Senior Citizen FD Rates

Indian Bank senior citizen FD interest rates range from 3.30%p.a. to 7.15% p.a. for deposits under ₹3 crore, effective from 04th August, 2026 (verified in September 2026):

*The Indian Bank senior citizens FD rates w.e.f. 04th August, 2026, as per the IRDAI Regulations 2024*

Special IND Deposit Schemes For Senior Citizens

The top-yielding option is IND Grow (555 Days), offering 7.15% p.a. for senior citizens (60+) and 7.40% p.a. for super senior citizens (80+). Other top special schemes for senior citizens include IND Prosper (777 Days) at 7.10% (7.35% for 80+), IND Green (500 Days) at 6.90% (7.15% for 80+), and IND Supreme 2.0 (300 Days) at 6.70% (6.95% for 80+). 

Indian Bank FD Calculator

Investors can check the maturity amount of their scheme using the Indian Bank FD Interest Rate Calculator on Policybazaar. Since Indian Bank FD interest rates differ across tenures, investors can choose a deposit tenure that offers a higher rate and better returns. To calculate potential earnings, investors simply need to enter the deposit amount, the Indian Bank FD rate applicable to their preferred tenure, and the tenure itself. Once these details are provided, investors can view their potential returns and also compare FD rates across various banks.