Indian Bank 1 Year FD rate: 6.75% (general) & 7.25% (senior citizen). Maturity for ₹5 Lakh: ₹5,34,614.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
Indian Bank offers 1 Year Fixed Deposit at 6.75% p.a. for general citizens and 7.25% p.a. for senior citizens. Interest is compounded quarterly. Premature withdrawal policy: 1% penalty on applicable rate.
Tenure: 1 Year · Quarterly compounding
| Deposit Amount | Maturity Amount | Interest Earned | Total Return |
|---|---|---|---|
| ₹25K | ₹26,731 | ₹1,731 | 6.9% |
| ₹50K | ₹53,461 | ₹3,461 | 6.9% |
| ₹1 Lakh | ₹1,06,923 | ₹6,923 | 6.9% |
| ₹2 Lakh | ₹2,13,846 | ₹13,846 | 6.9% |
| ₹5 Lakh | ₹5,34,614 | ₹34,614 | 6.9% |
| ₹10 Lakh | ₹10,69,228 | ₹69,228 | 6.9% |
| ₹25 Lakh | ₹26,73,070 | ₹1,73,070 | 6.9% |
| ₹50 Lakh | ₹53,46,139 | ₹3,46,139 | 6.9% |
| ₹1 Crore | ₹1,06,92,279 | ₹6,92,279 | 6.9% |
Indian Bank offers 1 Year Fixed Deposit at 6.75% p.a. for general citizens and 7.25% p.a. for senior citizens in 2026. Rates are subject to change.
A ₹5 Lakh FD in Indian Bank for 1 Year at 6.75% (quarterly compounding) will mature to approximately ₹5,34,614. The interest earned would be ₹34,614.
Yes, Indian Bank offers an additional benefit for senior citizens with a rate of 7.25% p.a. for 1 Year FD, which is 0.50% higher than the general rate.
The minimum deposit amount for Indian Bank Fixed Deposit is ₹1,000. Interest is compounded quarterly.
Yes, premature withdrawal is allowed. Indian Bank's premature withdrawal policy: 1% penalty on applicable rate. It's recommended to keep the FD till maturity for maximum returns.