As of 5 Oct 2026, Indian Overseas Bank offers up to 6.60% p.a. on its NRE fixed deposit (444 Days) for general customers. Rates below are as published by the bank — confirm with IOB 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 |
6.50% | 6.50% | Any amount | 15 Dec 2025 |
official fetched 4 Oct 2026 ✓ verified 5 Oct 2026 |
|
> 1 Year to < 2 Years (Except 444 Days) |
6.40% | 6.40% | Any amount | 15 Dec 2025 |
official fetched 4 Oct 2026 ✓ verified 5 Oct 2026 |
|
444 Days 444-day Special |
6.60% | 6.60% | Any amount | 15 Dec 2025 |
official fetched 4 Oct 2026 ✓ verified 5 Oct 2026 |
|
2 Years to < 3 Years |
6.40% | 6.40% | Any amount | 15 Dec 2025 |
official fetched 4 Oct 2026 ✓ verified 5 Oct 2026 |
|
3 Years and above |
6.10% | 6.10% | Any amount | 15 Dec 2025 |
official fetched 4 Oct 2026 ✓ verified 5 Oct 2026 |
As of 5 Oct 2026, Indian Overseas Bank offers up to 6.60% p.a. on its NRE fixed deposit (444 Days) for general customers. Rates below are as published by the bank — confirm with IOB before investing.
Indian Overseas Bank does not publish a separate senior citizen premium for these deposits in our data. Check the bank's official rate card for any senior-citizen offers.
Interest on NRE deposits is generally exempt from income tax in India for eligible Non-Resident Indians. Tax rules depend on your residential status and the country you live in, so confirm with a tax advisor.
Deposits with Indian Overseas 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 15 Dec 2025. Rates can change without notice, so verify on the official IOB website before investing.
Deposits with Indian Overseas 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 IOB 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.
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