New FD Scheme: 7.90% interest will be available on the new FD scheme of 444 days

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.

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

IND SECURE

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

Interest rates

Ordinary citizens: 7.15% p.a.

Senior citizens: 7.65% p.a.

Super senior citizens: 7.90% p.a.

IND GREEN

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

Interest rates

Ordinary citizens: 6.80% p.a.

Senior citizens: 7.30% p.a.

Super senior citizens: 7.55% p.a.

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

Discontinued schemes

IND Super 400 Days

IND Supreme 300 Days

These have been discontinued from 8 May 2025.

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

Indian Bank also made changes in 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 those investors who want to invest in fixed returns.

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