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Bank’s new offer 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 May 8, 2025.

Bank’s new offer new FD schemes

Ind Secure

This is a retail fixed deposit scheme with a maturity period of 444 days. One can invest in it from Rs 1,000 to less than Rs 3 crore.

Interest Rates

Ordinary citizens: 7.15% p.a.

Senior Citizen: 7.65% p.a.

Very Senior Citizen: 7.90% p.a.

Ind Green

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

Interest Rates

Ordinary citizens: 6.80% p.a.

Senior Citizen: 7.30% p.a.

Very Senior Citizen: 7.55% p.a.

The bank has stated on its website that both the schemes will be available till September 30, 2025.

Discontinued schemes

IND Super 400 Days

IND Supreme 300 days

These have been discontinued from 8 May 2025.

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

Indian Bank also changed the general FD interest rates

1 year: 6.10%

444 days: 7.15% (IND SECURE)

555 days: 6.80% (Ind Green)

1 year to less than 2 years: 7.10%

2–3 years: 6.70%

3–5 years: 6.25%

Above 5 years: 6.10%

The minimum interest rate on short term FDs of 7-14 days will remain at 2.80%.

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