Indian Bank launched two new FD schemes! You will get 7.90% interest on 444 days FD, check details

Indian Bank: Indian Bank has launched two new fixed deposit (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 400 Days and IND Supreme 300 Days schemes have been discontinued from 8 May 2025.

New FD Schemes

1- IND SECURE 

This is a retail term deposit scheme with a maturity period of 444 days. In this, investment can be made from Rs 1,000 to less than Rs 3 crore.

Interest rates

• Common citizen: 7.15% per annum
• Senior Citizen: 7.65% per annum
• Super Senior Citizen: 7.90% per annum

2- IND GREEN

This scheme comes with a maturity period of 555 days. It also has the facility of investment from Rs 1,000 to less than Rs 3 crore.

Interest rates

• General citizen: 6.80% p.a.
• Senior citizen: 7.30% p.a.
• Super senior citizen: 7.55% p.a.

Both schemes will be available till September 30, 2025, the bank has informed on its website.

Discontinued schemes

• IND Super 400 Days
• IND Supreme 300 Days

These have been discontinued from May 8, 2025.

Revised FD interest rates (applicable to investments less than Rs 3 crore)

Indian Bank also revised normal FD interest rates

• 1 year: 6.10%
• 444 days: 7.15% (IND SECURE)
• 555 days: 6.80% (IND GREEN)
• Less than 1 year to 2 years: 7.10%
• 2–3 years: 6.70%
• 3–5 years: 6.25%
• Above 5 years: 6.10%
• Short term FDs like 7–14 days continue to have a minimum interest rate of 2.80%.

After the recent repo rate cut by RBI, many banks are changing their FD schemes and interest rates. Indian Bank’s new schemes can be especially beneficial for investors who want to invest in fixed returns.

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