Question 1

What are the highest interest rates for Indian Bank in 2026?

Accepted Answer

As of September 2026, Indian Bank offers up to 6.65% p.a. on Fixed Deposits and up to 2.80% p.a. on Savings Accounts based on the balance slabs maintained.

Question 2

Is Indian Bank safe for depositing money?

Accepted Answer

Yes, Indian Bank is a scheduled bank regulated by the RBI. Your deposits (up to ₹5 Lakhs per depositor) are insured by the DICGC, which covers principal and interest across all account types.

Question 3

What is the minimum tenure and senior citizen benefit for Indian Bank FDs?

Accepted Answer

The minimum tenure for a fixed deposit with Indian Bank starts from 7 Days. Senior citizens receive an additional interest rate benefit of up to 0.75% p.a. over general citizen rates.

Question 4

How does Indian Bank Savings Account interest rate vary?

Accepted Answer

Indian Bank offers tiered interest rates ranging from 2.50% to 2.80% p.a. depending on the balance slabs maintained in the savings account.

Question 5

Are returns on Indian Bank FDs and Savings Accounts taxable?

Accepted Answer

Yes, interest earned on deposits is taxable. Savings account interest is tax-free up to ₹10,000 per year (₹50,000 for senior citizens) under Section 80TTA/80TTB. FD interest is fully taxable, and TDS is deducted at 10% if interest exceeds ₹40,000 (₹50,000 for senior citizens) in a financial year.

Maturity	USD
1 to <2 years	5.50%BEST
2 to <3 years	3.80%
3 to <4 years	3.50%
4 to <5 years	3.40%
5 years	3.40%

TENURE	Interest Rate
1 year	6.10%
Above 1 to <2 years	6.20%
500 daysGreen FD	6.40%
555 daysSpecial FD	6.65%BEST
2 to <3 years	6.15%
777 daysSpecial FD	6.60%
3 to <5 years	6.05%
Above 5 to 10 years	6.00%

Indian Bank

Bank Overview

Financial Health Indicators(FY 2026)

Fixed Deposit (FD) Interest Rates

Savings Account Interest Rates

Foreign Currency Non-Resident (FCNR-B) Deposit Rates

NRI Fixed Deposit Rates (NRE & NRO)

Frequently Asked Questions

Indian Bank FD Calculator