Indian Bank has launched two new Fixed Deposit (FD) schemes designed to benefit its customers. These schemes offer the opportunity for attractive interest rates and good returns on investment. If you are looking for a secure investment option, these schemes may prove beneficial.
Indian Bank Launches Two New FD Schemes
Bank Fixed Deposits (FDs) remain a popular choice for those seeking secure and profitable investments, particularly for investors who desire a predetermined return without risk. If you are planning to invest in an FD, Indian Bank's new offerings might be advantageous.
Indian Bank, a government-owned bank, has recently launched two new FD schemes offering attractive interest rates. These schemes are not only secure but also provide the potential for substantial returns, ensuring your money grows.
Launch of IND SECURE and IND GREEN FD Schemes
Indian Bank has introduced two new fixed deposit schemes for its customers: IND SECURE and IND GREEN. Both FD schemes aim to provide customers with secure investments and attractive interest rates.
IND SECURE FD Scheme
IND SECURE is a retail term deposit scheme with a tenure of 444 days. Investors can deposit amounts ranging from ₹1,000 to ₹3 crore. The interest rate offered is 7.15% for general citizens, 7.65% for senior citizens, and 7.90% for super senior citizens.
IND GREEN FD Scheme
IND GREEN is a special fixed deposit scheme with a tenure of 555 days. Customers can invest amounts ranging from ₹1,000 to ₹3 crore. Attractive interest rates are offered: 6.80% for general investors, 7.30% for senior citizens, and 7.55% for super senior citizens.