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Is for the 1 year tenure.
Fixed deposit interest calculator indian bank. The highest interest rate of 5 50 p a. Indian bank fixed deposit interest rate. This will give the details of investment that s the. The interest rate applicable for deposit s of above 5 crore and approval for acceptance of such deposit s shall be obtained from treasury branch.
The interest rate is fixed for the whole maturity period and it s usually considered as an extremely safe investment. Interest certificates india remit. Fixed deposit is a kind of term deposit with higher interest rate as compared to regular savings account and because of high interest rate and low risk it s quite a popular investment choice in india. For details on interest rates on fcnr b deposits please click here.
Indian bank is yet another public sector bank which provides good interest rates on fixed deposits. The indian bank offers a wide range of investment options in the form of fixed deposits. This fixed deposit fd calculator helps you find out how much interest you can earn on an fd and the value of your invesment principal on maturity when compounding of interest is done on a. The calculator cannot be used for calculating the maturity value for fcnr deposits.
This condition is also applicable to cases where the aggregate value of deposits of an individual customer is above 5 crores for the day. Moreover the rate of interest is higher for senior citizens. The interest rate for deposits less than rs 2 crore ranges from 5 40 p a. Check indian bank fd rate of interest and calculate fd final amount via indian bank fd calculator on the economic times.
Indian bank s medium term fixed deposit rates are for tenures that range from 1 year to 5 years. Type of calculator. Indian bank fd online calculator will help you calculate the interest that your money will earn when kept in a fixed deposit in indian bank. For below 9 months the interest rate is the same for an amount up to 5 crores.
For interest of deposits of 1 crore and above please click here. For the period above 3 years the fd interest rate is constant to 6 50. Cin of idbi bank l65190mh2004goi148838. Revision of interest rate on term deposits wef 05 08 2020.
The interest rates in indian bank vary in between 4 50 to 6 75.
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