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The interest rate for fixed deposits up in Indian Bank

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Posted on : 13/Jun/2018 14:46:05




 
 
 
The interest rate for the fixed deposit has been revised upwards by one of the public sector banks Indian Bank.

The announcement notifies that one of the leading public sector banks with Chennai as its headquarters, Indian Bank, has increased the interest rate for the fixed deposits.

For FD (fixed deposit) for 1 to 3 years up to Rs. 1 Crore, the interest rate is up by 0.25%.

For FD from Rs. 1 Crore to Rs. 5 Crores for 1 to 3 years, the interest rate has been increased to 0.50%.

This increase will be effective from 11th June.