As of 5 Oct 2026, Indian Bank offers up to 6.20% p.a. on its recurring deposit (RD) (Above 1 year to less than 2 years) for general customers and 6.70% p.a. (Above 1 year to less than 2 years) for senior citizens. Rates below are as published by the bank — confirm with Indian before investing.
Rates for deposits below ₹3 crore · general vs senior citizen · trend over time
| Tenure | General | Senior | Trend | Applies to | As of | Source |
|---|---|---|---|---|---|---|
1 year |
6.10% | 6.60% | Any amount | 4 Aug 2026 |
official fetched 26 Sept 2026 ✓ verified 5 Oct 2026 |
|
Above 1 year to less than 2 years |
6.20% | 6.70% | Any amount | 4 Aug 2026 |
official fetched 26 Sept 2026 ✓ verified 5 Oct 2026 |
|
2 years to less than 3 years |
6.15% | 6.65% | Any amount | 4 Aug 2026 |
official fetched 26 Sept 2026 ✓ verified 5 Oct 2026 |
|
3 years to less than 5 years |
6.05% | 6.55% | Any amount | 4 Aug 2026 |
official fetched 26 Sept 2026 ✓ verified 5 Oct 2026 |
|
5 year |
6.00% | 6.50% | Any amount | 4 Aug 2026 |
official fetched 26 Sept 2026 ✓ verified 5 Oct 2026 |
|
Above 5 years |
6.00% | 6.50% | Any amount | 4 Aug 2026 |
official fetched 26 Sept 2026 ✓ verified 5 Oct 2026 |
As of 5 Oct 2026, Indian Bank offers up to 6.20% p.a. on its recurring deposit (RD) (Above 1 year to less than 2 years) for general customers and 6.70% p.a. (Above 1 year to less than 2 years) for senior citizens. Rates below are as published by the bank — confirm with Indian before investing.
Yes. Senior citizens (60+) earn up to 0.50% p.a. more than general customers at Indian Bank, depending on the tenure.
Deposits with Indian Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).
RateScan.in refreshed this dataset on 5 Oct 2026; the bank's rates shown here are effective 4 Aug 2026. Rates can change without notice, so verify on the official Indian website before investing.
Deposits with Indian Bank are insured by DICGC up to ₹5,00,000 per depositor (principal + interest). Senior citizens (60+) typically earn an extra 0.50% p.a. over the published general rates.
Informational only — always confirm the current rate on the official Indian website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.
Tell us what would make RateScan.in more useful. No email required.