Indian Bank 444 Days FD Scheme

What is the Indian Bank 444 Days Fixed Deposit?

The Indian Bank FD 444 days, also known as “IND SECURE”, is available with a minimum investment of ₹1,000 to below ₹3 crore in the form of Fixed Deposit or Money Multiplier Deposit with a callable option. The rates for 444 days FD in Bank of India for the senior citizens and super senior citizens are comparatively higher (7.10% and 7.35% p.a., respectively) than those of the general citizens.

Indian Bank FD Interest Rates 2026 For 444 Days

The Indian Bank 444 Days FD interest rates are mentioned below:

*IND Secure term deposit rates (% p.a) w.e.f March 03, 2026. The additional interest rates for senior and super senior citizens do not apply to the NRIs.

Features of the Indian Bank 444 Day FD Scheme

Below are some of the most notable features of the Indian Bank 444 days FD scheme.

• Low Minimum Deposit: For the IND Secure scheme, the minimum deposit amount is Rs 1,000, which you need to deposit with the Indian Bank. 
• Automatic Renewal: Your deposit will automatically renew for the same term and scheme at the prevailing Indian Bank FD interest rate, or for one year if the original scheme is discontinued. This will continue unless you inform the bank otherwise on or before the maturity date. The renewed amount will be the maturity value minus any applicable TDS.
• Pre-closure Penalty: If you withdraw your deposit early, a 1% penalty will be applied to the interest rate for the period the money was held.
• Overdraft or Loan Against FD: You can obtain an overdraft or an Indian Bank Loan Against FD, both of which are available digitally through the bank's online channels. The bank will grant these loans at its discretion, following its current guidelines for loans against deposits.
• Nomination Facility: Under the Indian Bank FD 444 days Scheme, the nomination facility is available for individual customers. 

Eligibility Criteria For the Indian Bank FD 444 Days Scheme

Here is the eligibility criteria for the Indian Bank FD 444 days Scheme:

• Individual (singly or jointly)
• NRI (NRE & NRO)
• Company, Firm (Proprietorship/Partnership), Association, Society, Club
• HUF
• Religious, Charitable, or Educational Institutions
• Government or Quasi-Government Body, Municipality or Panchayat
• Any other Entity not prohibited by the RBI

Tax Implications on Indian Bank FD 444 Days Scheme

For the Indian Bank FD 444 days "IND SECURE" scheme, you can avoid Tax Deducted at Source (TDS) on your interest earnings by submitting a self-declaration form. This is particularly relevant if your total annual income, including the interest from your fixed deposit, falls below the basic exemption limit. Resident investors can submit Form 15G/15H, depending on their age criteria.

Key Takeaways 

The Indian Bank FD 444 days "IND SECURE" scheme offers assured returns on a medium-term investment. It has a competitive rate of interest with a minimum deposit amount of ₹1,000. The flexibility of a low minimum deposit, combined with the automatic renewal feature and available nomination facility, makes it a convenient and secure option. While these specialised schemes offer promising returns, it is important to remember that all FD interest rates by any bank are subject to periodic revision based on the internal policies and market fluctuations.