8% return on FD for just 400 days, do you know which bank offers that?

New Delhi. In addition to normal fixed-term deposits, banks also issue special fixed-term deposits for customers in which customers can invest for a fixed period of time. However, this time will also be extended. Indian Bank, one of the public-law lending institutions, has also increased the validity of its special term deposits. IND Super 400 Days was launched on March 6, 2023 by Indian Bank. According to the information available on Indian Bank’s website, it has now been extended to 06/30/2023.

In providing information about this particular FD program, the bank explained how to invest in this program. To do this, you can use both online and offline methods. An amount from Rs 10,000 to less than Rs 2 crore can be invested in it.

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Indian Bank has increased FD rates
Effective April 20, 2023, Indian Bank also revised its IND Super 400 Days interest rates. The bank previously has 7.10% interest rate for the general public, 7.15% interest rate for female customers, 7.65% interest rate for female seniors, 7.60% interest rate for seniors, 7.90% interest rate for female super seniors and 7.90% offered. Interest rates for super seniors. Got the benefit of 7.85% interest rate. But now, with this particular fixed deposit, retail customers can enjoy 7.25% interest, seniors 7.75% interest and super seniors 8.00% interest.

Bank of India FD interest rates
The bank offers its customers 2.80% on FDs from 7 days to 14 days, 2.80% on FDs from 15 days to 29 days, 3% on FDs from 30 days to 45 days, 3.25% on FDs from 46 days Days to 90 days and 91 days Pay 3.50% interest on FD for 120 days. The bank pays 3.85% interest on FDs from 121 days to 180 days, 4.50% on FDs from 181 days to less than 9 months and 4.75% on FDs from 9 months to less than 1 year.

Indian Bank offers its clients 6.10% on FDs of 1 year, 6.30% on FDs over 1 year and less than 2 years, 6.70% on FDs from 2 years to less than 3 years, 3 years to less than 5 years pays 6.25% interest on FD. Apart from that, the bank pays 6.25% interest on FDs with a term of 5 years and 6.10% on FDs with a term of more than 5 years.

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Tags: Bank FD, FD prices, fixed deposits, Indian bank