IND Supreme 2.0 (300 Days) FD Scheme

What is IND Supreme 2.0 (300 Days) FD Scheme

IND Supreme 2.0 (300 Days) is a special term deposit product that represents a short-term investment with a fixed maturity period of 300 days. It is provided as a Fixed Deposit (FD) or a Multi-Maturity Deposit (MMD). The Indian Bank special FD scheme is designed to ensure a stable rate of return over a specified period and is flexible regarding interest payouts. It serves retail and institutional investors seeking a safe investment, backed by a public-sector bank, with a competitive premium over standard FD rates in the market for similar short-term tenures.

IND Supreme 2.0 (300 Days) FD Scheme Rates

Under this scheme, the Indian Bank FD rates are as follows:

*IND Supreme 2.0 interest rates w.e.f February 5, 2026.
Note: Additional interest benefits for senior citizens and staff are not applicable to NRO deposits.

Key Highlights of IND Supreme 2.0 (300 Days) FD Scheme

The scheme has a number of built-in flexibilities and compliance:

How to Apply for IND Supreme 2.0 (300 Days) FD Scheme

The process of applying for the IND Supreme 2.0 (300 Days) FD scheme with the Indian Bank is very easy and can be done online or at a branch. 

Apply Online

If you prefer a quick and simple method, you can apply via Internet Banking or Mobile Banking.

• Sign in to Your Account: Use your Internet Banking or Mobile Banking Services.
• Select the Deposits Section: Click on Fixed Deposit or the Deposits tab.
• Choose Scheme: Select IND Supreme 2.0 (300 Days).
• Enter Investment Details: Enter the deposit amount (₹1,000 to less than ₹3 crore) and ensure the tenure is 300 days.
• Select Interest Payout Mode: Choose monthly, quarterly, or maturity payout mode.
• Select Linked Account: Select the savings account or the current account on which to fund and the proceeds on maturity.
• Review and Confirm Application: Check all the details, accept the terms and conditions and send the request.
• Get a confirmation: The FD will be produced immediately, and you will receive a digital receipt.

Apply Offline

In case you like to get help in-person or do a paper-based application, you may apply to a bank branch.

• Visit the Nearest Branch: Visit any of the Indian Bank branches.
• Request the FD Application Form: Ask for IND Supreme 2.0 (300 Days) FD form.
• Complete the Application Form: Enter the information about the deposit, nominee, and payout option.
• Send KYC Documents: To have a KYC-compliant account, make sure to submit PAN or Form 60, as required.
• Depositing Money: You can make money deposits using a cheque, cash or existing account money transfer.
• Confirm Details with Bank Personnel: Revise all information filled out and submit.
• Send the Application: Sign and submit the filled form and document to the bank representative.
• Collect FD Receipt: Take the deposit receipt or confirmation of successful processing.

Investing in IND Supreme 2.0 (300 Days): Sample Illustration

To understand potential returns, consider a simple example:

• Investment Amount: ₹1,00,000
• Tenure: 300 days
• Interest Rate: 6.30% p.a.

At maturity, the investor receives an interest payment of 300 days, depending on the rate charged. In a cumulative payout, interest is credited along with the principal upon maturity. For non-cumulative options, payments are made monthly or quarterly, depending on the type of option.

Senior citizens would earn higher returns due to the additional interest benefit, making the scheme relatively more rewarding for this segment.

Who Can Invest in IND Supreme 2.0 (300 Days)

The scheme has a wide eligibility range of investors, which includes:

• Individuals (single or joint accounts)
• Hindu Undivided Families (HUFs)
• Non-Resident Indians (NRO accounts only)
• Proprietorships and partnership firms
• Companies, associations, societies, and clubs
• Religious, charitable, and educational institutions
• Government or quasi-government bodies
• Municipalities and panchayats

Any entity not restricted by RBI guidelines is eligible to invest.

Wrapping Up

IND Supreme 2.0 (300 Days) is a structured short-term FD plan with a clear tenure and guaranteed returns. It gives individual and institutional investors options for payout flexibility, broad eligibility, and additional benefits for particular categories of investors. However, before investing, one should consider the premature withdrawal charge, the applicability of TDS, and the ongoing Indian Bank FD rates.