Indian Bank FD interest rates for 1, 2, 3 and 5 years
Last checked 3 November 2026. Rate card from 23 October 2026. Deposits below ₹3 crore.
Indian Bank pays its best rate among these terms on 2 years: 6.15%, or 6.65% for senior citizens. That ranks 29th of 33 banks we track for 2 years. On a 2-year deposit it pays less than SBI (6.40%).
Indian Bank FD rates by term
| Term | Rate | Senior rate | ₹5 lakh becomes | Rank |
|---|---|---|---|---|
| 1 year Slab: 1 year | 6.10% | 6.60% | ₹5,31,205 | 29th of 33 |
| 2 years Slab: 2 years to less than 3 years | 6.15% | 6.65% | ₹5,64,913 | 29th of 33 |
| 3 years Slab: 3 years to less than 5 years | 6.05% | 6.55% | ₹5,98,693 | 28th of 33 |
| 5 years Slab: 5 years | 6.00% | 6.50% | ₹6,73,428 | 26th of 33 |
Interest compounds every quarter and is paid at maturity, before tax. Source: Indian Bank deposit rates. Each rate is the slab that contains that exact term.
How Indian Bank compares
- 1 year: the highest rate we track is Ujjivan Small Finance Bank at 7.25%, 1.15 percentage points more. On ₹5 lakh that is ₹6,043 extra.
- 2 years: the highest rate we track is ESAF Small Finance Bank at 7.75%, 1.60 percentage points more. On ₹5 lakh that is ₹18,051 extra.
- 3 years: the highest rate we track is Jana Small Finance Bank at 8.00%, 1.95 percentage points more. On ₹5 lakh that is ₹35,428 extra.
- 5 years: the highest rate we track is Jana Small Finance Bank at 7.77%, 1.77 percentage points more. On ₹5 lakh that is ₹61,214 extra.
Similar banks: Union Bank of India (6.15% for 2 years), Bank of Maharashtra (6.15% for 2 years), UCO Bank (6.10% for 2 years), Bank of Baroda (6.25% for 2 years).
Amounts at Indian Bank
- ₹1 lakh for 2 years at 6.15% becomes ₹1,12,983.
- ₹10 lakh for 2 years at 6.15% becomes ₹11,29,826.
Questions people ask
What is the Indian Bank FD rate for 1 year?
Indian Bank pays 6.10% a year on a 1-year deposit below ₹3 crore (6.60% for senior citizens). ₹5 lakh grows to ₹5,31,205. The slab is "1 year".
What is the Indian Bank FD rate for 2 years?
Indian Bank pays 6.15% a year on a 2-year deposit below ₹3 crore (6.65% for senior citizens). ₹5 lakh grows to ₹5,64,913. The slab is "2 years to less than 3 years".
What is the Indian Bank FD rate for 3 years?
Indian Bank pays 6.05% a year on a 3-year deposit below ₹3 crore (6.55% for senior citizens). ₹5 lakh grows to ₹5,98,693. The slab is "3 years to less than 5 years".
What is the Indian Bank FD rate for 5 years?
Indian Bank pays 6.00% a year on a 5-year deposit below ₹3 crore (6.50% for senior citizens). ₹5 lakh grows to ₹6,73,428. The slab is "5 years".
Is money in a Indian Bank FD safe?
Indian Bank is a public sector bank. DICGC insures deposits up to ₹5 lakh per depositor per bank, principal and interest together.
More FD rate pages
1-year FD rates · 2-year FD rates · 3-year FD rates · 5-year FD rates · Senior citizen FD rates · Tax-saver FD rates · All FD rate pages · Post office FD rates · SCSS interest rate